Pandemic Response by the Numbers
By: Agenda
April 8, 2020
According to a review of SEC filings by S&P 500 companies by MyLogIQ, as of April 7:
- 55 S&P 500 companies have switched to virtual meetings
- 39 S&P 500 companies have suspended share buybacks
- 16 S&P 500 companies have suspended dividends
- 10 S&P 500 companies have instituted job freezes
- 28 S&P 500 companies have cut executive compensation (base salaries)
- 12 S&P 500 companies have added paid sick leave or more employee benefits
- 99 S&P 500 companies have suspended guidance
- 11 S&P 500 companies have instituted worker furloughs.
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