Your email has been successfully added to our mailing list.

×
-0.00735294117647069 -0.00735294117647069 -0.0024509803921569 0 0.076470588235294 0.0117647058823529 0.0117647058823529 0.0273284313725489
Stock impact report

Harley-Davidson cuts dividend, halts buybacks to preserve cash [Reuters]

Harley-Davidson, Inc. (HOG) 
Last harley-davidson, inc. earnings: 4/28 06:50 am Check Earnings Report
Company Research Source: Reuters
Harley-Davidson cuts dividend, halts buybacks to preserve cash (Reuters) - Harley-Davidson Inc ( HOG.N ) cut its quarterly dividend to just 2 cents and suspended share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycles sales in the first quarter. The company, which has $1.47 billion in cash, said it was in talks with big U.S. banks to get an additional $1.30 billion in loan to ride out the crisis. The cash preservation plan lifted Harley shares, which have lost nearly half of its value so far this year, up 9% in premarket trading. Earlier this month, the motorcycle maker pulled its 2020 profit forecast and decided to temporarily lay off most of its global production employees as well as cut salaries of its leadership team in a bid to lower costs. On Tuesday, Harley said it would cut cost to match the lower demand and focus more on sales efforts in the United States, its biggest market. The company has been struggling wi Show less Read more
Impact Snapshot
Event Time:
HOG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for HOG alerts
Opt-in for
HOG alerts

from News Quantified
Opt-in for
HOG alerts

from News Quantified