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Stock impact report

Coty board cuts its annual cash payment by 25% [MarketWatch]

Coty Inc. Class A (COTY) 
Last coty inc. class a earnings: 2/5 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.coty.com
Company Research Source: MarketWatch
Coty Inc. said Tuesday that its board has agreed to cut its cash remuneration for fiscal 2021 by 25%, a cost-saving measure amid the coronavirus pandemic. The company previously approved a 25% pay cut for corporate executives, including Chief Executive Pierre Laubies. Coty brands include CoverGirl and Rimmel. Coty stock is down 48.3% over the past year while the S&P 500 index has fallen 5% for the period. Show less Read more
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