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Ballard Power Systems Plans Global Corporate Restructuring To Reduce Corporate Spending; Expects To Book Charge In Q3

Author: Benzinga Newsdesk | September 12, 2024 05:33pm

Randy MacEwen, Ballard President and CEO, said "We expect our restructuring measures to impact our global operations, yielding annualized total operating expense savings in excess of 30%, with a substantial part of the annualized savings being realized in 2025."

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