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Investigations  /  11.08.2019

Shareholder Investigation of Quad/Graphics Inc.

Quad/Graphics (QUAD) Cuts Dividends and Lowers Sales Guidance

On October 29, 2019, Quad/Graphics announced to shareholders that the Company was cutting dividend payments in half to $0.15 per share due to declining net sales. In addition, Quad/Graphics disclosed plans to divest its book business, which produces $200 million in annual sales, due to “weakening market prices for paper byproduct recovery and the timing of productivity improvements from wage increases”. To reflect the upcoming divestiture of its book business, the Company decreased its 2019 sales guidance from the previous range of $4.05 billion to $4.25 billion to $3.9 billion. On this news, the following day Quad/Graphics’s share price fell $6.42 per share, or approximately 57%, to close at $4.85 and has yet to recover.

Quad/Graphics, Inc (QUAD) Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can send us a message via the Shareholder Information form below.

Shareholder Information

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Please Note: Neither the submission to nor the receipt of information by Robbins Arroyo LLP or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

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