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Home › CenturyLink stock plunges on dividend cut

 

CenturyLink stock plunges on dividend cut

2013-02-15 22:29:54| Telecom - Topix.net

Shares of CenturyLink Inc. lost more than one-fifth of their value Thursday after the Monroe headquartered company shaved its dividend by 25 percent, saying it will use the cash instead to buy back $2 billion of its shares.

Tags: stock cut dividend plunges

Category:Telecommunications

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