Skip to main content

The Globe and Mail

Rogers reports quarterly earnings as CEO prepares to step down

Rogers CEO Nadir Mohamed addresses shareholders and media during the company's annual general meeting Wednesday in Toronto.

Tim Fraser/Tim Fraser

Rogers Communications reported fourth-quarter earnings Friday after announcing late Thursday that Nadir Mohamed, chief executive officer, will be stepping down.

The company discuss its fourth quarter results, which came Thursday night with an unexpected bonus for shareholders in the form of a 10-per-cent increase to the company's dividend as its adjusted quarterly profit jumped 30 per cent to $455-million. It also said it would repurchase up to $500-million of its own shares.

Report on Business media reporter Steve Ladurantaye and telecommunications reporter Rita Trichur reported live on the company's results. Follow a mobile-enhanced version of their updates here.

Story continues below advertisement

Report an error Licensing Options
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨