Daily Archives: August 12, 2021

Telstra reaches financial ‘turning point’ as $1.3B buy-back announced – ARNnet

Andrew Penn (Telstra) Credit: Telstra Telstra has boosted its profit to$1.9 billion in 2021 as it announces an on-market share buy-back of up to $1.35 billion. For the year ended June 30 2021, the telecommunications giant saw its net profit increase by 3.4 per cent as it plans to return 50 per cent of the…

Apogee Enterprises Announces Restructuring and Cost Reduction Actions – Business Wire

MINNEAPOLIS–(BUSINESS WIRE)–Apogee Enterprises, Inc. (Nasdaq: APOG) today announced plans to realign and simplify its business structure, bring a stronger focus to serving customers, enable a more competitive cost model, and better position the company for future growth and improved profitability. These actions are the initial steps in executing the companys new enterprise strategy, which include:…