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Icahn plans raising stake in oil refiner CVR, WSJ reports

Icahn Enterprises plans to increase its stake in CVR Energy to over 81% by purchasing 15 million shares, benefiting shareholders but cutting dividends due to bond shorting.

investing.com • 08/11/2024 - 02:25 AM

Icahn Enterprises plans to halve dividend, increase CVR Energy stake- WSJ

Icahn Enterprises plans to cut its dividend by half to increase its stake in CVR Energy from 66% to over 81%, following a previous dividend cut amid allegations of overvaluation.

investing.com • 08/11/2024 - 01:55 AM

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Icahn plans raising stake in oil refiner CVR, WSJ reports

Icahn Enterprises plans to halve dividend, increase CVR Energy stake- WSJ

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