Market reacts positively to Spark’s dividend reset, new strategy
Telco’s CEO Jolie Hodson says FY25 was challenging, with profit and revenue down, but ‘not all of the challenges we faced were beyond our control’.
Spark reported annual results today.
Under-fire telco Spark has announced a capital allocation “reset” and a strategy “refocus” as it seeks to pull itself from the mire of recent share price doldrums.
The NZX- and ASX-listed company’s share price was last week bolstered by the timely announcement that it has agreed to sell
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