Sotheby's stops dividend payments
Sotheby's (BID) will cancel its quarterly dividend of $0.10 per share.
Instead of the dividend Sotheby's will buy back $200 million of it's own stock.
Sotheby's stock lost 40% lost year, preceeded by a 19% share price drop in 2014.
Instead of the dividend Sotheby's will buy back $200 million of it's own stock.
Sotheby's stock lost 40% lost year, preceeded by a 19% share price drop in 2014.
