Previous close | 131.02 |
Open | 130.36 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 129.20 - 134.66 |
52-week range | 110.02 - 178.78 |
Volume | |
Avg. volume | 921,329 |
Market cap | 75.906B |
Beta (5Y monthly) | 1.05 |
PE ratio (TTM) | 24.05 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.90 (2.19%) |
Ex-dividend date | 17 May 2022 |
1y target est | N/A |
PARIS (Reuters) -France's Schneider Electric SE has agreed to sell its Russian unit to the local leadership team, it said on Monday, joining a wave of companies divesting their Russian businesses. Schneider Electric said it expected to write off up to 300 million euros ($313 million) in net book value as a result of the divestment. "Schneider Electric is planning an orderly transfer and is allocating resources to support the employees in Russia and Belarus through the process," the company said.
The group employed 3,500 people in Russia and Belarus, while revenue generated by the Schneider Electric Russia operations accounted for 2% of sales, it said. Separately, Russia's Interfax news agency late on Tuesday reported that French carmaker Renault would transfer its 68% stake in Russia's biggest national carmaker Avtovaz to a Russian science institute.
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