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EU: the European Trade Union Confederation is calling on companies to refrain from shareholder dividend payments during the coronavirus pandemic
Planet Labor, 31 March 2020, n°11785 -

‘Trade unions are calling on banks and big business to do their bit to overcome the economic consequences of the coronavirus crisis by suspending dividends payments and share buybacks,’ declared the ETUC in a press statement on 30 March. The same day French Ministers for the Economy and Labor warned that the State would not put up with a situation that saw companies accepting financial support whilst maintaining their shareholder remuneration policy intact.

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