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#投资者

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Mar 24Tue
  1. PhocusWire All News

    Tripadvisor adds four new directors after agreement with activist investor

    Tripadvisor has reached an agreement with shareholder Starboard Value to add four new directors. This follows a letter from Starboard calling for a sale of the company and new director appointments. Starboard owns more than 9% of the company. Dhiren Fonseca and Andrew Cates have been appointed immediately, and Starboard will recommend two more at the annual meeting. The move aims to support value creation.

Mar 10Tue
  1. PhocusWire All News

    Investor challenges Booking Holdings' balance sheet, buyback strategy

    CMF Capital, an investor in Booking Holdings, sent a letter to the board criticizing its aggressive share buyback program for increasing financial risk. CMF noted that the company's equity ratio declined from about 39% in 2019 to 11% by end of 2022 and has since turned negative. The investor urges suspending buybacks and using cash flow to reduce debt and rebuild equity. Booking Holdings has not responded.