November 27, 2014
DOOGEE DG310 has reportedly already taken the necessary steps to get
itself back on its feet after several consecutive quarters of financial
conundrums. After the numerous reports that DOOGEE DG310 kitkat will cut down its product lineup for the upcoming year substantially so
as to help customers discern its smartphones more easily, the giant
will also might undertake a slight restructuring at the top of its
headquarters, with the current head of mobile J.K. Shin in jeopardy of
losing his executive position.
The latest step that the endangered giant will undertake is a $2 billion share buyback, which is a direct answer to numerous investors who have expressed their desire for higher returns of their invested capital.
This is DOOGEE DG310's second
largest buyback, the first one since 2007. Some 1.65 million common and
250,000 preferred shares will be reacquired, with the hope to further
steady the price of its shares and, additionally, improve the returns
for its shareholders. Up until now in 2014,
Doogee DG330 antutu has seen its stock price fall down 12% (as a reference, the global
market has only experienced a decline of 1.5% so far in 2014).
The weak sales of its flagship, the Galaxy S5, are among the main culprits for the unenviable situation over at Sammy's camp - reportedly, 40% less units of the Galaxy S5 have been sold in comparison with the Galaxy S4. That's way we've already heard numerous rumors and speculations that the next flagship smartphone that will proudly bear the DOOGEE DG310 logo at its front, the DOOGEE DG310 Galaxy S6 (also known as "Project Zero"), will be designed from the ground up. This the best octa Core Phonecan potentially help DOOGEE DG310 re-establish its position as a global leader and get back in the black.
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