In the midst of a proxy fight with activist investor Nelson Peltz and his ally Ike Perlmutter, Disney has reinstated its dividend after a three-year suspension, declaring $0.30 per share for the second half of fiscal year 2023, payable on Jan. 10, 2024. The company has also revised its bylaws and implemented new rules for director nominations. Concurrently, Blackwells Capital is gearing up to challenge Wendy's board with the aim of improving the fast-food chain's financial performance.
Exclusive: Activist investor Blackwells plans Wendy's board challenge -sources https://t.co/SNrMAnrged https://t.co/46x5AdCK4R
Blackwells plans to nominate a slate of directors for election to the board of Wendy’s as it pushes for improved performance at the fast food chain https://t.co/uFC5PO3HcQ
Exclusive: Activist investor Blackwells plans Wendy's board challenge-sources https://t.co/B7ZXh3NSMI https://t.co/ixJ5dj1ujj
Activist investor who backs Disney’s Bob Iger plans challenge to Wendy’s board: sources https://t.co/Sx69graIqI https://t.co/TLSlED4xJb
Exclusive: Activist investor Blackwells plans Wendy's board challenge-sources https://t.co/iJKCTWaQWA https://t.co/dH7n9l73qP
*BLACKWELLS PLANS WENDY'S BOARD CHALLENGE: REUTERS *BLACKWELLS PLANS TO NOMINATE SEVERAL DIRECTORS TO WENDY'S: RTRS
⚠️ EXCLUSIVE-ACTIVIST INVESTOR BLACKWELLS PLANS WENDY'S BOARD CHALLENGE-SOURCES Activist hedge fund Blackwells Capital is preparing to challenge Wendy's Co's board of directors in a push for improvements to the fast food chain's financial performance, people familiar with the… https://t.co/oIXaKb2ZLO
$DIS (+0.2% pre) Disney Brings Back Its Dividend After Three Year Suspension - THR https://t.co/EbeS2VE3nB
Disney Brings Back Dividend Pushed for by Activist Peltz https://t.co/u1Q4VQdcZd
Disney declared a dividend of 30 cents a share for the second half of its fiscal year, following through on a pledge to restore the payout, which was halted during the pandemic. https://t.co/i6a39YNYk7
Blackwells Capital Urges Nelson Peltz to End 'Ego-Driven' Campaign for Disney Board Seats https://t.co/hUMe6MesTJ
Disney-Trian proxy fight marches toward battlefront https://t.co/sW7G6bi25w
DISNEY JUST REINSTATED ITS DIVIDEND Disney $DIS declared a dividend of $0.30 per share for the second half of its fiscal year Important dates: Ex-Dividend - December 10th Record - December 11th Payable - January 10th
Disney Reinstates Dividend, Amends Bylaws Amid Push By Nelson Peltz For Board Seat (click photo below for story) https://t.co/Z1riL9zmMz https://t.co/YL952II6XU
Disney Board Adopts New Rules for Nominating Directors in Wake of Norman Peltz's Announced Proxy Fight https://t.co/UUcYiLXps2
Disney $DIS has reinstated their dividend https://t.co/6ZDWVfCzuI
Disney Brings Back Its Dividend After Three Year Suspension https://t.co/8pXHk2HYCT
The $DIS cash dividend has returned. "The Walt Disney Company today announced a cash dividend of $0.30 per share in respect of the second half of fiscal year 2023, payable Jan. 10, 2024 to shareholders of record at the close of business on Dec. 11, 2023." https://t.co/EgXQT3f0Ip
Disney-Trian proxy fight marches toward battlefront https://t.co/pTefJed9vC
UPDATE: Disney Says Nelson Peltz Ally Ike Perlmutter Has “Longstanding Personal Agenda” Against Bob Iger https://t.co/4ea8k1apau
Activist Investor Nelson Peltz Will Take His Case to Get on Disney Board Directly to Investors https://t.co/5acn9N4K0Z
$DIS 🔸PELTZ SEEKS TWO SEATS ON DISNEY BOARD: CNBC