WPP to pay dividend amid cost cuts and new e-commerce work
The world’s biggest advertising company won work during Covid-19 to help customers market expanded e-commerce models
27 August 2020 - 16:56
London — WPP became one of the first major British companies to reinstate its dividend on Thursday, after cost cuts paid off and the world’s biggest advertising company won work to help customers market new, expanded e-commerce models.
The owner of Ogilvy, Grey and Hill+Knowlton agencies declared an interim dividend of 10p per share and said it would relaunch its share buyback when the environment stabilises. Its shares rose 5%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.