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Hewlett Packard Enterprise Sells Stake and Announces Dividend

Hewlett Packard Enterprise Sells Stake and Announces Dividend

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Hewlett Packard Enterprise (HPE) just unveiled an update.

Hewlett Packard Enterprise (HPE) has successfully sold a 30% stake in H3C Technologies to Unisplendour International Technology Limited for roughly $2.1 billion, as part of a previously arranged agreement. Following this significant transaction, HPE has declared a quarterly dividend of $0.13 per share, marking the fourth payout in the 2024 fiscal year. This financial move comes amidst a landscape of risks and uncertainties, including geopolitical tensions and market fluctuations, which HPE cautions could impact future results and the execution of their business strategy.

For detailed information about HPE stock, go to TipRanks’ Stock Analysis page.

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