Nissan Motor Co ( (JP:7201) ) has shared an update.
Nissan Motor Co., Ltd. announced that it will forego the year-end dividend for the fiscal year ending March 2025 due to a significant expected net loss and negative automotive free cash flow, attributed to costs related to its ongoing turnaround plan. The decision reflects the company’s focus on implementing its turnaround strategy, improving business performance, and preserving cash, which may impact shareholder returns and highlight the challenges faced in its financial recovery efforts.
More about Nissan Motor Co
Nissan Motor Co., Ltd. operates in the automotive industry, focusing on the manufacturing and sales of vehicles. The company is known for its wide range of cars and trucks and is a significant player in the global automotive market.
YTD Price Performance: -30.65%
Average Trading Volume: 26,230
Technical Sentiment Signal: Buy
Current Market Cap: $7.61B
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