logo
Plus   Neg
Share
Email

Arcadis Withdraws Dividend Proposal - Quick Facts

Arcadis said, in response to COVID-19, the company has taken measures to reduce cost, such as freezing virtually all travel, reducing of external advisory services and suspending all uncommitted capital expenditure. Also, Arcadis has decided to stop the current share buy-back program and to withdraw the dividend proposal from the agenda for the AGM.

Arcadis noted that the company has also taken measures to ensure business resiliency, guided by a global task force established in early March, as well as regional and local teams of subject matter experts. As a result, Arcadis stated that it is well prepared to continue delivering on its commitments to clients.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Food and Drug Administration granted approval for Artesunate for Injection 110 mg, powder and solvent for solution to biopharmaceutical company Amivas (US), LLC as the only FDA-approved drug now in the U.S. for the first-line treatment of severe malaria in adult and pediatric patients. It is also the first FDA-approved product that Amivas has introduced to their commercial portfolio. Retail giant Walmart Inc. is entering the fashion resale market through its partnership with thredUP, an online consignment store for second-hand fashion and accessories. The deal will enable Walmart to expand its online fashion offerings. Walmart said that starting Wednesday, customers can browse nearly 750,000 pre-owned items across women's and children's clothing, accessories and footwear. Beginning July 6, Google plans to reopen offices in more cities, which were closed following the coronavirus pandemic-related lockdowns across the globe, Chief Executive Officer Sundar Pichai told employees in an email. However, the search giant still expects and encourages most Googlers to largely work from home for the rest of 2020. For those working from home, the company offered an allowance.
Follow RTT