Omnicom's Dividend Hike Boosts Shares, Despite Yearly Decline

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Omnicom Groups shares surged by 4.9% following a 14% increase in quarterly dividend and Citis Buy rating, with a potential catalyst seen in the upcoming investor day. Despite broader market optimism due to Federal Reserves openness to lowering interest rates, Omnicom remains down 11.1% YTD and 16.9% below its 52-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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