Bozotti to be ordered to cut dividend

Bozotti to be ordered to cut dividend

Ahead of Thursday’s Q3 results meeting, STMicroelectronics CEO Carlo Bozotti will be told by ST’s two biggest investors, the French and Italian governments, that it must cut its dividend, reports Bloomberg. ST’s shares fell between 5 p% and 7% on the French and Italian stock markets following the report. In June, the French unions CFDT, ...

David Manners

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