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16.01.2024 16:09:09 - dpa-AFX: Leggett & Platt Drops 5% On Withdrawal Of Financial Targets
WASHINGTON (dpa-AFX) - Shares of Leggett & Platt, Incorporated (LEG),
manufacturer of a range of engineered products, are falling more than 5% Tuesday
morning after the company withdrew its long-term financial targets in connection
with restructuring plan.
The company has withdrawn its previous goal of 11%-14% Total Shareholder Return,
and financial targets including revenue growth, EBIT margin, and dividend payout
ratio.
LEG is at $23.98 currently. It has traded in the range of $22.50 - $38.55 in the
last 1 year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
manufacturer of a range of engineered products, are falling more than 5% Tuesday
morning after the company withdrew its long-term financial targets in connection
with restructuring plan.
The company has withdrawn its previous goal of 11%-14% Total Shareholder Return,
and financial targets including revenue growth, EBIT margin, and dividend payout
ratio.
LEG is at $23.98 currently. It has traded in the range of $22.50 - $38.55 in the
last 1 year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
LEGGETT + PLATT DL-,01 | 883524 | Frankfurt | 10,080 | 31.05.24 08:03:43 | +0,050 | +0,50% | 0,000 | 0,000 | 10,080 | 10,080 |
