Lumen Technologies, Inc. (LUMN) RBC Capital Markets Global Technology, Internet, Media & Telecom Conference [Seeking Alpha]
Lumen Technologies, Inc. (LUMN)
Company Research
Source: Seeking Alpha
Lumen Technologies, Inc. (NYSE:LUMNCompany ParticipantsChristopher Stansbury - Executive Vice President and Chief Financial OfficerConference Call ParticipantsBora Lee - RBC Capital A - Christopher StansburyThanks. It's good to be here.Question-and-Answer SessionQ - Bora LeeAlright. Well, hopefully, that's working. So before recently decided to eliminate the dividend, can you talk about how it came to the decision to eliminate versus reduce the dividend? And why now?Sure. So the Board, over a year ago and the company, more broadly announced that they were going to be selling 20-state ILEC business to Apollo. And when that deal closed, they would relook at capital allocation priorities, and that's exactly what they did. So the deal closed in early October. At that time, we were also looking at the EMEA business, and we've reached an arrangement with Colt for that business to transfer. And so when we look at both of those pieces, the Board felt, with obviously management support, that n
Show less
Read more
Impact Snapshot
Event Time:
LUMN
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LUMN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LUMN alerts
High impacting Lumen Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
LUMN
News
- Lumen Technologies: The Pressure Is On [Seeking Alpha]Seeking Alpha
- Best Internet Providers in Kent, Washington [CNET News]CNET News
- Global Data Resiliency Market Set to Double by 2029, Fueled by Rising Cybersecurity Concerns and Digital Transformation [Yahoo! Finance]Yahoo! Finance
- Lumen (LUMN) Concludes Debt Deal, Focuses on Transformation [Yahoo! Finance]Yahoo! Finance
- Lumen Disrupts Cybercriminals Targeting Home and Office Routers [Yahoo! Finance]Yahoo! Finance
LUMN
Earnings
- 2/6/24 - Beat
LUMN
Sec Filings
- 3/25/24 - Form PRE
- 3/11/24 - Form 4
- 3/7/24 - Form 4
- LUMN's page on the SEC website