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Symantec says no major impact on past figures expected from accounting probe

Tuesday 15 May 2018 | 09:27 CET | News
The company's Audit Committee has asked independent counsel and other advisors to help and voluntarily told the Securities and Exchange Commission that an internal investigation was underway. During a conference call, the company said it has put on hold all discretionary and performance-based compensation for certain executive officers until the end of the investigation, Reuters reported. The company also said it would not hold any share buy back programmes during the time of the probe, for which it gave no time frame.

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Categories: Internet
Companies: Symantec
Countries: World
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