Hubbell Inc logo

HUBB - Hubbell Inc News Story

$146.63 -0.4  -0.3%

Last Trade - 13/08/20

Sector
Industrials
Size
Large Cap
Market Cap £6.09bn
Enterprise Value £7.06bn
Revenue £3.33bn
Position in Universe 869th / 6381

BRIEF-Hubbell Inc Says Withdrawing 2020 Guidance

Wed 15th April, 2020 7:22pm
Hubbell Inc  HUBB.N :
    * HUBBELL INC SAYS WITHDRAWING 2020 GUIDANCE
    * HUBBELL INC SAYS PROVIDED UPDATE ON ACTIONS COMPANY TAKING
IN
RESPONSE TO CURRENT AND ANTICIPATED IMPACTS OF COVID-19 PANDEMIC
    * HUBBELL INC SAYS BOARD OF DIRECTORS WILL FOREGO ITS
QUARTERLY
RETAINER PAYMENTS FOR Q2
    * HUBBELL INC SAYS SENIOR EXECUTIVES WILL TAKE A 25% SALARY
REDUCTION IN Q2
    * HUBBELL INC SAYS ALL OTHER EXECUTIVES WILL TAKE A 15%
SALARY
REDUCTION IN Q2
    * HUBBELL INC SAYS SALARIED EMPLOYEES WILL TAKE A 2-WEEK
FURLOUGH
SOMETIME DURING Q2
    * HUBBELL INC SAYS ALSO DRAWN $225 MILLION OF AVAILABLE $750
MILLION ON ITS REVOLVING CREDIT FACILITY

Source text for Eikon:  ID:nGNE7CcmVx 
Further company coverage:  HUBB.N
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.