Pandemic Response by the Numbers
By: Agenda
April 16, 2020
According to a review of SEC filings by S&P 500 companies by MyLogIQ, as of April 14:
- 65 S&P 500 companies have switched to virtual meetings
- 43 S&P 500 companies have suspended share buybacks
- 16 S&P 500 companies have suspended dividends
- 13 S&P 500 companies have instituted job freezes
- 47 S&P 500 companies have cut executive compensation (base salaries)
- 15 S&P 500 companies have added paid sick leave or more employee benefits
- 112 S&P 500 companies have suspended guidance
- 18 S&P 500 companies have instituted worker furloughs.
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