Actavo Pays Another $10M Dividend | Dublin News

Actavo just handed out another ten million euro dividend—its second big payout in two years—while quietly shedding its events arm and cutting over 140 jobs. Despite a revenue slump, the company posted strong profits thanks to contract completions and cost-cutting. The payouts mostly go to Denis O’Brien (87%) and Leslie Buckley (13%), who bought the firm back in 2012. The exit from events marks a strategic pivot as Actavo sells off non-core assets to focus on its core engineering business. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6c02b0544efb0c7c