Did Tech Data buy Synnex?
Yes, Telefonica officially decided to halve its dividend for 2026 to 15 cents per share. This announcement, made in November 2025, led to an 11% decline in the company's stock price at the time. The decision was part of a broader corporate strategy as the company focuses on long-term cash flow goals, forecasting a compound annual growth rate (CAGR) in adjusted operating cash flow after capital expenditures of 1.5–2.5% for the 2025–2028 period, followed by an increase to 2.5–3.5% for 2028–2030.
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