Omnicom Prices $600 million Senior Notes Offering Posted on February 19, 2020December 10, 2020 by Revanth Ravish NEW YORK, Feb. 19, 2020 — Omnicom Group Inc. (NYSE: OMC) today announced the pricing of its public offering of $600 million aggregate principal amount of 2.450% Senior Notes due 2030 (the “Notes”). The Notes will mature on April 30, 2030. The transaction is expected to close on February 21, 2020, subject to customary closing conditions. The Notes will not be listed on any securities exchange or included in any automated quotation system. The Notes will bear interest at a rate of 2.450 percent per annum. The Notes will be the unsecured and unsubordinated obligations of Omnicom Group Inc. and will rank equal in right of payment to all of its existing and future unsecured senior indebtedness. Omnicom Group Inc. intends to use the net proceeds from the sale of the Notes, together with cash on hand, to redeem its 4.45% Senior Notes due 2020 co-issued with Omnicom Capital Inc., which mature on August 15, 2020, and of which $600 million aggregate principal amount was outstanding as of December 31, 2019. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells Fargo Securities, LLC, BofA Securities, Inc. and HSBC Securities (USA) Inc. are acting as joint book-running managers for the offering. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make an offer, solicitation or sale in such jurisdiction. The public offering is being made pursuant to an effective shelf registration statement that has been filed with the Securities and Exchange Commission (“SEC”). A final prospectus supplement related to the offering will be filed with the SEC and will be available on the SEC’s website at https://www.sec.gov. In addition, copies of the prospectus and prospectus supplement relating to the Notes offered in the offering may be obtained by contacting any of the following underwriters: Citigroup Global Markets Inc. at 1-800-831-9146, J.P. Morgan Securities LLC at 1-212-834-4533 or Wells Fargo Securities, LLC at 1-800-645-3751. This press release does not constitute a notice of redemption with respect to the 4.45% Senior Notes due 2020. About Omnicom Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. Forward-Looking Statements Certain statements in this press release constitute forward-looking statements, including statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, from time to time, we or our representatives have made, or may make, forward-looking statements, orally or in writing. These statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, or otherwise, based on current beliefs of our management as well as assumptions made by, and information currently available to, our management. Forward-looking statements may be accompanied by words such as “aim,” “anticipate,” “believe,” “plan,” “could,” “should,” “would,” “estimate,” “expect,” “forecast,” “future,” “guidance,” “intend,” “may,” “will,” “possible,” “potential,” “predict,” “project” or similar words, phrases or expressions. These forward-looking statements are subject to various risks and uncertainties, many of which are outside our control. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include: international, national or local economic conditions that could adversely affect us or our clients; losses on media purchases and production costs incurred on behalf of clients; reductions in client spending, a slowdown in client payments and a deterioration in the credit markets; the ability to attract new clients and retain existing clients in the manner anticipated; changes in client advertising, marketing and corporate communications requirements; failure to manage potential conflicts of interest between or among clients; unanticipated changes relating to competitive factors in the advertising, marketing and corporate communications industries; the ability to hire and retain key personnel; currency exchange rate fluctuations; reliance on information technology systems; changes in legislation or governmental regulations affecting us or our clients; risks associated with assumptions we make in connection with our critical accounting estimates and legal proceedings; and our international operations, which are subject to the risks of currency repatriation restrictions, social or political conditions and regulatory environment. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties that may affect our business, including those described in Item 1A, “Risk Factors” and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Omnicom Group Inc.’s Annual Report on Form 10-K for the year ended December 31, 2019. Except as required under applicable law, we do not assume any obligation to update these forward-looking statements.
Omnicom Extends Agreement of $2.5 Billion Revolving Credit Facility Posted on February 14, 2020December 11, 2020 by Revanth Ravish NEW YORK, Feb. 14, 2020 /PRNewswire/ — Omnicom Group Inc. (NYSE: OMC) announced today the amendment and extension of its multiyear revolving credit facility to February 2025. Amounts available for borrowings under the facility are unchanged at $2.5 billion. The agreement includes two one-year extensions of the facility on any anniversary date with bank approvals. There were no borrowings outstanding under the prior revolving credit facility at December 31, 2019. About Omnicom Group Inc.Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. Follow us on Twitter for the latest news. View original content to download multimedia:https://www.prnewswire.com/news-releases/omnicom-extends-agreement-of-2-5-billion-revolving-credit-facility-301005458.html SOURCE Omnicom Group
Omnicom Group Schedules Fourth Quarter and Full Year 2019 Earnings Release and Conference Call Posted on February 11, 2020December 11, 2020 by Revanth Ravish NEW YORK, Feb. 3, 2020 /PRNewswire/ — Omnicom Group (NYSE: OMC) will publish its fourth quarter and full year 2019 results on Tuesday, February 11, 2020 before the New York Stock Exchange opens. The company will then host a conference call to review the financial results on Tuesday, February 11, 2020 at 8:30 AM (ET). Participants may listen to the conference call by dialing (844) 291-6362 (domestic) or (234) 720-6995 (international), along with access code 910344. In addition, the conference call will be simulcast and archived at https://investor.omnicomgroup.com/investor-relations/news-events-and-filings/. About Omnicom Group Inc.Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. Follow us on Twitter for the latest news. View original content to download multimedia:https://www.prnewswire.com/news-releases/omnicom-group-schedules-fourth-quarter-and-full-year-2019-earnings-release-and-conference-call-300998050.html SOURCE Omnicom Group
Omnicom Group Reports Fourth Quarter and Full Year 2019 Results Posted on February 11, 2020December 11, 2020 by Revanth Ravish NEW YORK, Feb. 11, 2020 — Omnicom Group Inc. (NYSE: OMC) today announced that its diluted net income per share for the fourth quarter of 2019 increased twelve cents, or 6.8%, to $1.89 per share compared to $1.77 for the fourth quarter of 2018. Net income – Omnicom Group Inc. for the fourth quarter of 2019 increased $15.8 million, or 4.0%, to $415.0 million compared to $399.2 million in the fourth quarter of 2018. Omnicom’s worldwide revenue in the fourth quarter of 2019 increased 1.3% to $4,141.2 million from $4,086.7 million in the fourth quarter of 2018. The components of the change in revenue included a decrease in revenue from the negative impact of foreign currency translation of 0.9%, a decrease in acquisition revenue, net of disposition revenue of 1.2% and an increase in revenue from organic growth of 3.5% when compared to the fourth quarter of 2018. Organic growth in the fourth quarter of 2019 as compared to the fourth quarter of 2018 in our five fundamental disciplines was as follows: Advertising increased 5.1%, CRM Consumer Experience increased 3.3%, CRM Execution & Support decreased 6.0%, Public Relations decreased 2.5% and Healthcare increased 12.9%. Across our regional markets, organic growth in the fourth quarter of 2019 as compared to the fourth quarter of 2018 was as follows: the United States increased 2.8%, Other North America decreased 2.3%, the United Kingdom increased 3.3%, the Euro Markets and Other Europe increased 4.7%, Asia Pacific increased 4.5%, Latin America decreased 1.3% and the Middle East and Africa increased 19.5%. Operating profit in the fourth quarter of 2019 increased $19.2 million, or 3.1%, to $646.4 million from $627.2 million during the fourth quarter of 2018. Our operating margin for the fourth quarter of 2019 increased to 15.6% versus 15.3% for the fourth quarter of 2018. For the fourth quarter of 2019, our effective income tax rate was 26.1%, which was unchanged when compared to the same period in 2018. Full Year Diluted net income per share for the twelve months ended December 31, 2019 increased twenty-three cents, or 3.9%, to $6.06 per share compared to $5.83 per share for the twelve months ended December 31, 2018. Net income – Omnicom Group Inc. for the twelve months ended December 31, 2019 increased $12.7 million, or 1.0%, to $1,339.1 million compared to $1,326.4 million in the same period in 2018. Net income – Omnicom Group Inc. for the twelve months ended December 31, 2018 includes a net after-tax increase of $18.2 million as a result of a net gain on dispositions of certain subsidiaries, less charges in connection with repositioning actions and an increase to income tax expense for adjustments related to the 2017 provisional amounts for the effect of the Tax Cuts and Jobs Act (the “2017 Tax Act”), as discussed further below. Adjusting for the impact of those items, net income – Omnicom Group Inc. for the twelve months ended December 31, 2019 would have increased $30.9 million and diluted net income per share would have increased thirty-one cents per share, or 5.4%. Primarily due to the negative effects of foreign exchange rates and disposition activity in excess of acquisitions over the past year, worldwide revenue for the twelve months ended December 31, 2019 decreased 2.2% to $14,953.7 million from $15,290.2 million in the same period of 2018. The components of the change in revenue included a decrease in revenue from the negative impact of foreign currency translation of 2.1%, a decrease in acquisition revenue, net of disposition revenue of 2.9% and an increase in revenue from organic growth of 2.8% when compared to the same period of 2018. Organic growth for the twelve months ended December 31, 2019 compared to the same period in 2018 in our five fundamental disciplines was as follows: Advertising increased 4.5%, CRM Consumer Experience increased 1.6%, CRM Execution & Support decreased 3.2%, Public Relations decreased 2.0% and Healthcare increased 9.5%. Across our regional markets, organic growth for the twelve months ended December 31, 2019 as compared to the same period of 2018 was as follows: the United States increased 2.7%, Other North America increased 4.2%, the United Kingdom increased 3.3%, the Euro Markets and Other Europe increased 3.0%, Asia Pacific increased 2.2%, Latin America decreased 0.2% and the Middle East and Africa increased 6.5%. Operating profit for the twelve months ended December 31, 2019 decreased $11.2 million, or 0.5%, to $2,122.3 million from $2,133.5 million for the twelve months ended December 31, 2018. Our operating margin for the twelve months ended December 31, 2019 increased to 14.2% versus 14.0% for the same period of 2018. Operating profit for the twelve months ended December 31, 2018 reflects a net pre-tax increase of $29.0 million from the net gain on dispositions of certain subsidiaries of $178.4 million, which arose primarily from the sale of Sellbytel, our European-based outsourced sales, service and support business, less expenses of $149.4 million in connection with repositioning actions related to the continuing improvement of the strategic position and operating efficiencies of our businesses. Adjusting for the impact of those items, operating profit for the twelve months ended December 31, 2019 increased $17.8 million, or 0.8%, to $2,122.3 million from $2,104.5 million for the same period in 2018, while operating margin for the twelve months ended December 31, 2019 increased to 14.2% versus 13.8% for the same period of 2018. For the twelve months ended December 31, 2019, our effective income tax rate was 26.0% compared to 25.6% for the same period in 2018. The effective tax rate for the twelve months of 2018 reflects the impact of a lower tax rate on the net gain on dispositions of subsidiaries in the third quarter of 2018, substantially offset by an increase in tax expense reflecting an adjustment to the provisional amounts related to the 2017 Tax Act. Non-GAAP Financial Measures We use certain non-GAAP financial measures in describing our performance. 2018 Non-GAAP Adjusted results (which include Operating Profit – 2018 Non-GAAP Adjusted and Net Income – Omnicom Group Inc., 2018 Non-GAAP Adjusted), which adjusts for the impact of the net gain recognized on dispositions of certain subsidiaries, certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, are presented in the full year results presented above and in the tables in this release. We believe that the 2018 Non-GAAP Adjusted results are useful measures for investors to understand the impact these actions had on the comparability of our reported results. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. Definitions – Components of Revenue Change We use certain terms in describing the components of the change in revenue above. Foreign exchange rate impact: calculated by translating the current period’s local currency revenue using the prior period average exchange rates to derive current period constant currency revenue. The foreign exchange rate impact is the difference between the current period revenue in U.S. Dollars and the current period constant currency revenue. Acquisition revenue, net of disposition revenue: Acquisition revenue is calculated as if the acquisition occurred twelve months prior to the acquisition date by aggregating the comparable prior period revenue of acquisitions through the acquisition date. As a result, acquisition revenue excludes the positive or negative difference between our current period revenue subsequent to the acquisition date and the comparable prior period revenue and the positive or negative growth after the acquisition date is attributed to organic growth. Disposition revenue is calculated as if the disposition occurred twelve months prior to the disposition date by aggregating the comparable prior period revenue of disposals through the disposition date. The acquisition revenue and disposition revenue amounts are netted in the description above. Organic growth: calculated by subtracting the foreign exchange rate impact component and the acquisition revenue, net of disposition revenue component from total revenue growth. About Omnicom Group Inc. Omnicom Group Inc. (NYSE: OMC) (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. Follow us on Twitter for the latest news. For a live webcast or a replay of our fourth quarter earnings conference call, go to https://investor.omnicomgroup.com/investor-relations/news-events-and-filings. Omnicom Group Inc. Consolidated Statements of Income Three Months Ended December 31 (Unaudited) (Dollars in Millions, Except Per Share Data) 2019 2018 Revenue $ 4,141.2 $ 4,086.7 Operating Expenses: Salary and service costs 3,034.7 2,986.3 Occupancy and other costs 306.4 292.9 Costs of services 3,341.1 3,279.2 Selling, general and administrative expenses 97.5 119.0 Depreciation and amortization 56.2 61.3 3,494.8 3,459.5 Operating Profit 646.4 627.2 Interest Expense 52.0 68.3 Interest Income 13.4 15.2 Income Before Income Taxes 607.8 574.1 Income Tax Expense 158.8 149.7 Income From Equity Method Investments 0.8 5.3 Net Income 449.8 429.7 Net Income Attributed To Noncontrolling Interests 34.8 30.5 Net Income – Omnicom Group Inc. $ 415.0 $ 399.2 Net income per share – Omnicom Group Inc. Basic $ 1.90 $ 1.78 Diluted $ 1.89 $ 1.77 Weighted average shares (in millions) Basic 218.2 224.6 Diluted 219.3 225.6 Dividends Declared Per Common Share $ 0.65 $ 0.60 Omnicom Group Inc. Consolidated Statements of Income Twelve Months Ended December 31 (Unaudited) (Dollars in Millions, Except Per Share Data) 2019 2018 (a) (b) Revenue $ 14,953.7 $ 15,290.2 Operating Expenses: Salary and service costs 10,972.2 11,306.1 Occupancy and other costs 1,221.8 1,309.6 Net gain on dispositions of subsidiaries — (178.4) Costs of services 12,194.0 12,437.3 Selling, general and administrative expenses 405.9 455.4 Depreciation and amortization 231.5 264.0 12,831.4 13,156.7 Operating Profit 2,122.3 2,133.5 Interest Expense 244.3 266.4 Interest Income 60.3 57.2 Income Before Income Taxes 1,938.3 1,924.3 Income Tax Expense 504.4 492.7 Income From Equity Method Investments 2.0 8.9 Net Income 1,435.9 1,440.5 Net Income Attributed To Noncontrolling Interests 96.8 114.1 Net Income – Omnicom Group Inc. $ 1,339.1 $ 1,326.4 Net income per share – Omnicom Group Inc. Basic $ 6.09 $ 5.85 Diluted $ 6.06 $ 5.83 Weighted average shares (in millions) Basic 219.8 226.6 Diluted 220.9 227.6 Dividends Declared Per Common Share $ 2.60 $ 2.40 (a) During the third quarter of 2018, we disposed of certain subsidiaries and recorded a net gain, primarily related to the sale of Sellbytel, our outsourced sales, service and support company. Additionally, during the third quarter of 2018, we recorded expenses for certain repositioning actions related to the continued improvement of our strategic position and operating efficiencies of our businesses. Lastly, income tax expense in the third quarter of 2018 includes additional expense related to an adjustment to the estimate of the impact of the 2017 Tax Act, as described in footnote (b) below. The net impact of these items increased operating profit by $29.0 million and Net Income – Omnicom Group Inc. by $18.2 million for the twelve months ended December 31, 2018. Additional information regarding the net gain and repositioning actions is presented in the tables on the following pages. (b) Income tax expense for the twelve months ended December 31, 2018 reflected a net increase of $28.9 million related to an adjustment, recorded in the third quarter of 2018, to the provisional amounts recorded for the 2017 Tax Act. Omnicom Group Inc. Impact of Net Gain on Third Quarter 2018 Dispositions and Repositioning Actions on Operating Expenses Twelve Months Ended December 31, 2018 (Unaudited) (Dollars in Millions) RepositioningActions Net Gain on Dispositions Total Operating Expenses (a): Salary and service costs $ 73.7 $ — $ 73.7 Occupancy and other costs 73.5 — 73.5 Net gain on dispositions of subsidiaries — (178.4) (178.4) Costs of services 147.2 (178.4) (31.2) Selling, general and administrative expenses 2.2 — 2.2 Depreciation and amortization — — — Operating Expenses $ 149.4 $ (178.4) $ (29.0) (a) The table above identifies the impact of the pre-tax gain on dispositions of certain subsidiaries and repositioning actions we took in the third quarter of 2018 on the components of our operating expenses for the twelve months ended December 31, 2018. Omnicom Group Inc. Non-GAAP Financial Measures – Adjusted for the Net Gain on Third Quarter 2018 Dispositions, Repositioning Actions and Tax Reform Act Adjustments Twelve Months Ended December 31 (Unaudited) (Dollars in Millions, Except Per Share Data) 2019 2018 (a) (b) 2018 Non-GAAP Adjusted(a) (b) Operating Profit $ 2,122.3 $ 2,133.5 $ 2,104.5 Net Interest Expense 184.0 209.2 209.2 Income Tax Expense 504.4 492.7 488.8 Income From Equity Method Investments 2.0 8.9 8.9 Net Income Attributed To Noncontrolling Interests 96.8 114.1 107.2 Net Income – Omnicom Group Inc. $ 1,339.1 $ 1,326.4 $ 1,308.2 Diluted net income per share – Omnicom Group Inc. $ 6.06 $ 5.83 $ 5.75 Diluted weighted average shares (in millions) 220.9 227.6 227.6 The table above identifies the U.S. GAAP financial measures of Operating Profit, Net Income – Omnicom Group Inc. and diluted net income per share – Omnicom Group Inc., as well as the non-GAAP financial measures adjusted for the impact of the net gain recognized on dispositions of certain subsidiaries, certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, in the column entitled “2018 Non-GAAP Adjusted” for the twelve months ended December 31, 2018. We believe that the amounts presented in the “2018 Non-GAAP Adjusted” column are useful measures for investors to understand the impact these items had on the comparability of our reported results. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. (a) During the third quarter of 2018, we disposed of certain subsidiaries and recorded a net gain, primarily related to the sale of Sellbytel, our outsourced sales, service and support company. Additionally, during the third quarter of 2018, we recorded expenses for certain repositioning actions related to the continued improvement of our strategic position and operating efficiencies of our businesses. Lastly, income tax expense in the third quarter of 2018 includes additional expense related to an adjustment to the estimate of the impact of the 2017 Tax Act, as described in footnote (b) below. The net impact of these items increased operating profit by $29.0 million and Net Income – Omnicom Group Inc. by $18.2 million for the twelve months ended December 31, 2018. Additional information regarding the net gain and repositioning actions are presented in the table on the preceding page. (b) Income tax expense for the twelve months ended December 31, 2018 reflected a net increase of $28.9 million related to an adjustment, recorded in the third quarter of 2018, to the provisional amounts recorded for the 2017 Tax Act recorded in the third quarter of 2018. Omnicom Group Inc. Reconciliation of Non-GAAP Financial Measures – Operating Profit, 2018 Non-GAAP Adjusted Twelve Months Ended December 31 (Unaudited) (Dollars in Millions) 2019 2018 Net Income – Omnicom Group Inc. $ 1,339.1 $ 1,326.4 Net Income Attributed To Noncontrolling Interests 96.8 114.1 Net Income 1,435.9 1,440.5 Income From Equity Method Investments 2.0 8.9 Income Tax Expense 504.4 492.7 Income Before Income Taxes 1,938.3 1,924.3 Interest Income 60.3 57.2 Interest Expense 244.3 266.4 Operating Profit 2,122.3 2,133.5 Net gain on dispositions of subsidiaries — (178.4) Repositioning actions — 149.4 Operating Profit, 2018 Non-GAAP Adjusted $ — $ 2,104.5 Revenue $ — $ 15,290.2 Operating Profit, 2018 Non-GAAP Adjusted $ — $ 2,104.5 Operating Margin, 2018 Non-GAAP Adjusted — % 13.8 % The table above reconciles the U.S. GAAP financial measures of Operating Profit and Operating Margin to the non-GAAP financial measures of Operating Profit, 2018 Non-GAAP Adjusted and Operating Margin, 2018 Non-GAAP Adjusted, which adjusts for the impact of the net gain recognized on dispositions of certain subsidiaries and expenses in connection with certain repositioning actions, all of which were recorded in the third quarter of 2018, for the twelve months ended December 31, 2018. We believe that the amounts adjusted for the impact of these items are useful measures for investors to understand the impact these actions had on the comparability of our reported results. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies. Omnicom Group Inc. Reconciliation of Non-GAAP Financial Measures – Net Income – Omnicom Group Inc., 2018 Non-GAAP Adjusted Twelve Months Ended December 31, 2018 (Unaudited) (Dollars in Millions) Twelve Months Ended December 31, 2018 Net Income – Omnicom Group Inc., as reported $ 1,326.4 Net gain on dispositions, before income tax expense (178.4) Repositioning actions – Incremental Severance and other items, before income tax expense 75.9 Repositioning actions – Lease terminations, before income tax expense 73.5 Income tax benefit on repositioning actions, less income tax expense on net gain from dispositions (25.0) Allocation of above items to non-controlling interests 6.9 Increase in income tax expense for revision of provisional estimates in connection with adoption of 2017 Tax Act 28.9 Net Income – Omnicom Group Inc., 2018 Non-GAAP Adjusted $ 1,308.2 The table above reconciles the U.S. GAAP financial measure of Net Income – Omnicom Group Inc. to the non-GAAP financial measure of Net Income – Omnicom Group Inc., 2018 Non-GAAP Adjusted, which adjusts for the impact of the net gain recognized on dispositions of certain subsidiaries, certain repositioning actions and the revision of the provisional income tax expense amounts recorded in connection with the enactment of the 2017 Tax Act, for the twelve months ended December 31, 2018. We believe the amounts adjusted for the impact of these items are useful measures for investors to understand the impact these actions had on the comparability of our reported results. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with U.S. GAAP. Non-GAAP financial measures reported by us may not be comparable to similarly titled amounts reported by other companies.
Omnicom Group Inc. Declares Dividend Posted on February 11, 2020December 11, 2020 by Revanth Ravish NEW YORK, Feb. 11, 2020 — The Board of Directors of Omnicom Group Inc. (NYSE: OMC) declared a quarterly dividend of 65 cents per outstanding share of the corporation’s common stock. The dividend is payable on April 8, 2020 to Omnicom Group common shareholders of record at the close of business on March 10, 2020. About Omnicom Group Inc.Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom’s branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 100 countries. Follow us on Twitter for the latest news.