NasdaqGS:DOXIT
Amdocs CEO Change And Dividend Lift While Shares Trade Below Targets
Amdocs announced that CEO Shuky Sheffer will retire, and long-time executive Shimie Hortig is set to become Chief Executive Officer.
The company also approved an increase in its quarterly dividend, signaling an adjustment to its shareholder return policy.
These updates arrive as Amdocs (NasdaqGS: DOX) trades at a share price of $73.13.
Amdocs (NasdaqGS: DOX) is going through a leadership handover at the top at the same time its share price has been under pressure. The stock is at $73.13,...