Pandemic Response by the Numbers
By: Agenda
May 14, 2020
According to a review of SEC filings by S&P 500 companies by MyLogIQ, as of May 11:
- 273 S&P 500 companies have switched to virtual meetings
- 146 S&P 500 companies have suspended share buybacks
- 50 S&P 500 companies have suspended or cut dividends
- 37 S&P 500 companies have instituted job freezes
- 91 S&P 500 companies have cut executive compensation
- 60 S&P 500 companies have added paid sick leave or more employee benefits
- 231 S&P 500 companies have suspended guidance
- 72 S&P 500 companies have instituted worker furloughs or layoffs
Here are a few examples of the types of disclosures companies are making on their pandemic response.
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