Advertisement
Singapore markets closed
  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,828.50
    -48.55 (-0.62%)
     
  • Bitcoin USD

    64,711.56
    +3,229.45 (+5.25%)
     
  • CMC Crypto 200

    1,333.45
    +20.83 (+1.61%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • Dow

    37,775.38
    +22.07 (+0.06%)
     
  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     
  • Gold

    2,395.80
    -2.20 (-0.09%)
     
  • Crude Oil

    83.19
    +0.46 (+0.56%)
     
  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

A Look at HPE’s Capital Return Program and Cash Balances

A Look at HPE’s Capital Return Program and Cash Balances

Hewlett Packard Enterprise (HPE) expects free cash flow of $2.0 billion by the end of fiscal 2020. HPE is subject to the transition tax, which stands at 15.0%. The firm is looking to offset the transition tax via other tax attributes. HPE believes that tax costs would not impact its strong financial statements due to rigorous tax planning over the last few years.