FINANCIAL NEWS FAST

Nordstrom suspends dividend, halts buybacks and taps credit in midst of coronavirus pandemic

Nordstrom said Monday it is suspending its dividend, halting share buybacks and has drawn down $800 million on its revolving credit facility, in the midst of the coronavirus pandemic.Nordstrom said Monday it is suspending its dividend, halting share buybacks and has drawn down $800 million on its revolving credit facility, in the midst of the coronavirus pandemic.Read More

Share:

Share on facebook
Facebook
Share on twitter
Twitter
Share on pinterest
Pinterest
Share on linkedin
LinkedIn
On Key

Related Posts

Fortune Org is an international news provider focusing on trusted financial, political, and world news for professionals and organizations. Our editor in chief Brian Edwards runs our tight-knit team of investigative journalists and finance researchers from the UK and Australia that contribute to curated news content, op-eds, and investigative pieces.

Financial News Fast

Copyright © 2020 Fortune Org.