WPP Overhauls Structure, Slashes Dividend in Turnaround Plan

Core Viewpoint - The new CEO Cindy Rose has presented a strategy to revitalize the advertising group, which is currently facing challenges, as the board has decided to reduce its final dividend significantly from 24.4 pence to 7.5 pence per share [1] Group 1 - The final dividend has been cut to 7.5 pence per share, a decrease of 69% from the previous year's 24.4 pence [1]