![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
The comment from Andrew Millington<\/a>, head of UK equities at Abrdn PLC<\/a>, a top-10 shareholder<\/a> in Vodafone<\/a>, comes after reports that activist investor Cevian Capital had built up an undisclosed stake in the company and has been engaging with the telecom company's management for months.
\"While I have no insight into Cevian's plans, I think this approach has widespread support from shareholders,\" said Millington.
He also said the Vodafone management has been explicit about its intention to create value through restructuring.
Vodafone did not immediately respond to a Reuters request for comment.
Over the last five years, Vodafone has delivered a total return including dividends of negative 4.7%, compared with a 28% return for the benchmark FTSE<\/a> 100 Index. Over the same period, Vodafone's Johannesburg-listed African subsidiary, Vodacom, has managed 7.2% in hard-currency terms.
Like its rivals, Vodafone is grappling with the massive investment required in new technology - most recently 5G mobile networks and fibre-optic broadband - combined with highly competitive end-markets.
The Financial Times<\/a> first reported Abrdn<\/a> signalling support for Vodafone's restructuring plans.
\"It's long overdue that a shareholder holds the board accountable for its past actions and inaction,\" said another shareholder Peter Schoenfeld, founder of New York-based hedge fund PSAM, according to the report.
<\/body>","next_sibling":[{"msid":89260621,"title":"India can capture a larger share of global space tech pie: Economic Survey","entity_type":"ARTICLE","link":"\/news\/india-can-capture-a-larger-share-of-global-space-tech-pie-economic-survey\/89260621","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":89260663,"entity_type":"ARTICLE","title":"Vodafone shareholder Abrdn signals support for an activist campaign","synopsis":"\"While I have no insight into Cevian's plans, I think this approach has widespread support from shareholders,\" said Millington.","titleseo":"telecomnews\/vodafone-shareholder-abrdn-signals-support-for-an-activist-campaign","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":198,"shares":0,"engagementtimems":753000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2022-02-01 07:45:12","lastupd":"2022-02-01 07:49:20","breadcrumbTags":["abrdn","vodafone","financial times","Vodafone Group shareholder","internet","millington","abrdn plc","FTSE","top-10 shareholder","top-10 vodafone shareholder"],"secinfo":{"seolocation":"telecomnews\/vodafone-shareholder-abrdn-signals-support-for-an-activist-campaign"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2022-02-01" data-index="article_1">
读到
安德鲁的评论米林顿英国股票主管Abrdn PLC),一个十大股东在沃达丰(Vodafone),此前有报道称,维权投资者Cevian资本建立了一个秘密的股份公司,一直与电信公司的管理好几个月了。
“虽然我没有洞察Cevian的计划,我认为这种方法有广泛的股东的支持,”米林顿说。
他还表示,沃达丰管理已经明确对其意图通过重组来创造价值。
沃达丰没有立即回应记者的路透社记者的置评请求。
在过去的五年中,沃达丰已经交付负4.7%的总回报包括股息,相比之下,28%的回报为基准富时100指数。在同一时期,沃达丰Johannesburg-listed非洲子公司Vodacom,已经7.2%硬通货。
与其竞争对手一样,沃达丰正在与所需的巨额投资新技术——最近5 g移动网络和光纤宽带,加上竞争激烈的终端市场。
的金融时报》首次报道Abrdn信号对沃达丰的重组计划的支持。
“姗姗来迟,股东持有董事会对其过去的行为负责,不作为,”另一位股东说彼得•Schoenfeld纽约对冲基金的创始人PSAM,根据该报告。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动