Globenewswire
Search documents
RECX Launches TerraTread™ 23-Inch Amphibious Tire for MAX 2; Larger 25-Inch Variant Supports 2026 Expansion
Globenewswire· 2026-02-20 16:41
Core Insights - Recreatives Industries, Inc. has launched the TerraTread™ amphibious tire, specifically designed for MAX platforms, marking a significant enhancement in their product offerings [1][2] Product Development - The TerraTread 23x11-8 tire is the largest OEM tire for the MAX 2 platform, providing increased ground clearance, improved ride quality, and enhanced traction and water performance [2] - A larger 25x12-10 TerraTread variant is in development for the MAX 4 and Buffalo Truck models, aimed at improving flotation, stability, and off-road capability [3][4] Strategic Goals - The introduction of the TerraTread tire aligns with the company's strategy to modernize the MAX platform and expand accessory offerings, supporting disciplined growth in recreational and utility markets [6] - The development of the 25-inch tire variant is part of a broader strategy to reintroduce the MAX 4 and Buffalo Truck models in mid-2026, enhancing the overall product lineup [4][5] Market Positioning - The TerraTread line reflects the company's focus on proprietary accessories and performance upgrades, which are expected to increase per-unit revenue opportunities and strengthen vertical integration around the MAX brand [5] - Initial inventory of the TerraTread tires is expected to arrive in July–August 2026, available through the company's dealer network and online store [6] Company Background - Recreatives Industries, Inc. continues the legacy of MAX amphibious vehicles, originally manufactured from 1970 to 2013, and is planning to diversify its product line with new vehicles and electric drivetrains [8]
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 20 FEBRUARY 2026
Globenewswire· 2026-02-20 16:30
Core Viewpoint - Sanoma Corporation has executed a share buyback, acquiring 15,500 shares at an average price of €9.10, totaling €141,050, in compliance with European regulations [1][2]. Group 1: Share Buyback Details - The share buyback occurred on 20 February 2026, with the highest price per share being €9.13 and the lowest at €9.05 [1]. - Following this transaction, the company holds a total of 894,358 of its own shares [2]. Group 2: Company Overview - Sanoma is a learning and media company operating across Europe, focusing on providing quality educational content and solutions [2][4]. - The company employs nearly 5,000 professionals and reported net sales of approximately €1.3 billion in 2025, with an adjusted operating profit margin of 14.4% [5]. Group 3: Strategic Focus - Sanoma aims for organic growth in K12 education and plans to accelerate this through value-creating mergers and acquisitions [4]. - The company is committed to sustainability, aligning its strategy with the UN Sustainable Development Goals and emphasizing the responsible use of AI [4].
Multi Ways Holdings Secures Two New JTC Industrial Spaces Totaling Approximately 6,453 Square Meters in Singapore
Globenewswire· 2026-02-20 16:15
New Leases Expand the Company’s Operational Footprint to Support Growing Equipment Sales and Rental DemandSINGAPORE, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways,” the “Company” or the “Issuer”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced that it has secured two new industrial spaces from JTC Corporation (“JTC”), significantly expanding the Company’s operat ...
Hudbay Receives New Ingerbelle Expansion Permits for Copper Mountain
Globenewswire· 2026-02-20 16:05
Core Viewpoint - Hudbay Minerals Inc. has received key permit amendments for the New Ingerbelle expansion project at its Copper Mountain mine, enhancing copper and gold production, securing jobs, and providing economic benefits [1][2]. Project Development and Economic Impact - The New Ingerbelle expansion is designed to access higher-grade gold mineralization and improve operational efficiency, with a stripping ratio approximately three times lower than current mining areas [5]. - The project is projected to produce approximately 750,000 tonnes of copper, 900,000 ounces of gold, and 5.5 million ounces of silver over its lifespan, positioning Copper Mountain as a critical supplier for the global energy transition [5]. - The expansion is expected to generate over C$11.5 billion in provincial Gross Domestic Product, preserving more than 800 direct jobs and ensuring long-term financial stability for the region [5]. Community Engagement and Partnerships - Throughout the permitting process, the company engaged proactively with local communities and Indigenous bands to ensure transparency and collaborative oversight [3]. - Hudbay finalized refreshed Participation Agreements with the Upper Similkameen Indian Band and Lower Similkameen Indian Band, reinforcing its commitment to strong Indigenous partnerships and responsible mining practices [4]. Commitment to Sustainable Development - The company emphasizes its commitment to responsible resource development and the expansion of copper production, which is vital for electrification and the global energy transition [4]. - Hudbay's mission is to create sustainable value and strong returns by leveraging its strengths in community relations, focused exploration, mine development, and efficient operations [14].
Appointment of CEO
Globenewswire· 2026-02-20 16:00
LEI: 213800ZBKL9BHSL2K459 20 February 2026 THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION OSB GROUP PLC Appointment of CEO OSB GROUP PLC (“OSBG” or the “Group”) is very pleased to announce the appointment of Enrique Alvarez Labiano as Chief Executive Officer (CEO), subject to regulatory approval, with effect from a date to be agreed. This appointment follows a comprehensive search process conducted by the Board, facilitated by a global executive search firm and managed by David Weymouth, Chair, which conside ...
Sanford Heisler Sharp McKnight Files $134 Million ERISA Class Action Case Against Stifel Financial, Corp. on Behalf of More Than 10,000 Retirement Plan Participants
Globenewswire· 2026-02-20 16:00
ST. LOUIS, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Sanford Heisler Sharp McKnight filed an ERISA class action Complaint today in the U.S. District Court for the Eastern District of Missouri that alleges retirement plan mismanagement by Stifel Financial, Corp. and other fiduciaries of the Stifel Financial Profit Sharing 401(k) Plan. According to the allegations in the Complaint, Stifel failed to remove two funds from its Plan – the American Century Large Cap Growth Fund and the Artisan Mid-cap Growth Fund – even a ...
Euroseas Ltd. Sets Date for the Release of Fourth Quarter 2025 Results Conference Call and Webcast
Globenewswire· 2026-02-20 15:45
ATHENS, Greece, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today that it will release its financial results for the fourth quarter ended December 31, 2025, on February 25, 2026, before market opens in New York. On the same day, Wednesday, February 25, 2026, at 10:00 am Eastern Time, the Company's management will host a conference call and webcast to discuss th ...
Kvika banki hf.: Execution of buyback programme
Globenewswire· 2026-02-20 15:37
At the Annual General Meeting of Kvika banki hf. (“Kvika” or the “bank”) on 21 March 2024, the shareholders approved to authorise the board of directors to buy up to 10% of issued shares in the bank, to among other things enable the board of directors to carry out a formal buyback programme. The authorisation for the board of directors to engage in buyback of shares was renewed at the Annual General Meeting on 26 March 2025. Further with reference to notification on 23 December 2025 on buyback of shares. On ...
Middlefield Short Duration Bond Plus ETF Distributions
Globenewswire· 2026-02-20 15:36
TORONTO, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Middlefield Short Duration Bond Plus ETF (TSX: MSBP) (the “Fund”) is pleased to announce that distributions for February and March 2026 will be payable to unitholders of the Fund as follows: Record DatePayable DateDistribution Per Trust UnitFebruary 28, 2026March 13, 2026$0.029March 31, 2026April 15, 2026$0.029 The trust units trade on the Toronto Stock Exchange under the symbol MSBP. The Fund offers a distribution reinvestment plan (“DRIP”) for unitholders whic ...
Kvika banki hf.: Transaction in relation to a share buy-back programme - buy back is completed
Globenewswire· 2026-02-20 15:35
In week 8 Kvika banki hf. („Kvika“ or „the bank“) purchased 7,856,970 of its own shares at the purchase price ISK 141,953,748. See further details below: DateTimeNo. of shares purchasedShare price (rate)Purchase price16.2.202610:40:001,000,00017.8317,825,00017.2.202610:37:001,000,00018.2018,200,00017.2.202614:00:411,000,00018.2518,250,00017.2.202614:56:35600,00018.2010,920,00018.2.202609:58:451,000,00018.1018,100,00018.2.202614:35:46679,87718.0012,237,78619.2.202612:47:551,000,00018.00<td style ...