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CMI - Cummins Inc News Story

$224 0.6  0.3%

Last Trade - 24/01/22

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £23.57bn
Enterprise Value £24.93bn
Revenue £17.71bn
Position in Universe 409th / 7405

BRIEF-Cummins Takes Actions In Response To Covid-19 Impact

Fri 3rd April, 2020 12:38pm
April 3 (Reuters) - Cummins Inc  CMI.N :
    * CUMMINS TAKES ACTIONS IN RESPONSE TO COVID-19 IMPACT
    * CUMMINS INC - REDUCTION OF 50 PERCENT IN SALARY OF CEO
    * CUMMINS INC - REDUCTION OF 25 PERCENT IN DIRECTOR
COMPENSATION
    * CUMMINS INC - REDUCTION IN SALARY FOR ALL OTHER EMPLOYEES
IN
UNITED STATES OF BETWEEN 10 AND 25 PERCENT AND A REDUCTION IN
WORKING HOURS
    * CUMMINS INC - REDUCTIONS IN PAY ARE INTENDED TO BE A
TEMPORARY
MEASURE, WILL REASSESS PROGRAM AT END OF Q2

Source text for Eikon:  ID:nBw5B5tDYa 
Further company coverage:  CMI.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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