Altisource Announces Shareholder Approval of Reverse Stock Split and Treatment of Fractional Shares
GlobeNewswire· 2025-05-13 16:18
Core Points - Altisource Portfolio Solutions S.A. announced a reverse stock split approved by shareholders, consolidating every eight shares into one, reducing outstanding shares from approximately 88.95 million to about 11.12 million [1][2] - The reverse stock split is set to take effect on May 28, 2025, following necessary administrative procedures [2] - Shareholders must hold shares in multiples of eight by market close on May 27, 2025, to avoid receiving cash for fractional shares [3][4] - Fractional shares will be redeemed for cash at the closing price on May 27, 2025, and proceeds will be distributed pro rata without interest [3][4] - The consolidation aims to help the company comply with Nasdaq's minimum bid price requirement of $1.00 [5] Share Consolidation Details - The reverse stock split will reduce the total number of outstanding shares significantly, which is a strategic move to enhance the company's stock price [2][5] - The company has filed a definitive proxy statement with the U.S. Securities and Exchange Commission detailing the rationale and effects of the share consolidation [5] Shareholder Actions - Shareholders are encouraged to check with their financial intermediaries to ensure their holdings are in amounts divisible by eight to avoid cash-out for fractional shares [4] - The company will handle fractional shares by redeeming them for cash, ensuring that shareholders are informed of the process [3][4]
AMD and HUMAIN Form Strategic, $10B Collaboration to Advance Global AI
GlobeNewswire· 2025-05-13 16:08
Core Insights - AMD and HUMAIN have entered a significant agreement to develop a scalable AI infrastructure, aiming to deploy up to 500 megawatts of AI compute capacity over the next five years with an investment of up to $10 billion [2][3] - The collaboration is designed to create an open and accessible AI platform that will support various markets, including enterprise and sovereign sectors, enhancing global AI capabilities [2][3] - Initial deployments are already in progress, with plans to achieve multi-exaflop capacity by early 2026, leveraging next-generation AI silicon and a developer-focused software platform [3] Company Overview - AMD has a long history of innovation in high-performance computing and graphics technologies, serving billions of users and numerous Fortune 500 companies globally [4] - HUMAIN, backed by the Public Investment Fund of Saudi Arabia, focuses on delivering comprehensive AI solutions across multiple sectors, including advanced AI models and transformative AI solutions [5] Technical Specifications - The collaboration will utilize AMD's full spectrum of AI technologies, including AMD Instinct™ GPUs, EPYC™ CPUs, Pensando™ DPUs, and Ryzen™ AI, along with the ROCm open software ecosystem [6]
GXO Welcomes Five New Members to its Board of Directors
GlobeNewswire· 2025-05-13 16:05
GREENWICH, Conn., May 13, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced the election of five new members to its Board of Directors at its 2025 Annual Meeting of Stockholders. The five new directors join four incumbent directors who were re-elected at the same meeting. Brad Jacobs, GXO’s chairman, said, “These leaders bring deep expertise in operational excellence and strategic growth across all aspects of the supply chai ...
Fluxys Belgium: Regulated information - Payment of dividend
GlobeNewswire· 2025-05-13 16:00
The Ordinary General Meeting of Shareholders of 13 May 2025 decided to distribute a dividend for the financial year 2024 and set the gross amount at EUR 1.40 per share. The net dividend, after deduction of the 30% withholding tax, amounts to EUR 0.98 per share and is payable as from 21 May 2025. Holders of dematerialised and registered shares on 20 May 2025 will receive the dividend as from 21 May 2025 as follows: The dividend of dematerialised shares will be paid automatically by the financial intermediary ...
Worldline - Monthly information relating to the total number of voting rights and shares making up the share capital on 30 April 2025
GlobeNewswire· 2025-05-13 16:00
Information mensuelle relative au nombre total de droits de vote et d’actions composant le capital social Monthly information relating to the total number of voting rights and shares making up the share capital Article L. 233-8-II du Code de commerce et article 223-16 du Règlement général de l’AMFArticle L. 233-8 II of the French Commercial code and article 223-16 of the AMF General Regulation Dénomination sociale de l’émetteur :Worldline SAName and address of the Company :Tour Voltaire 1, Place des Degrés ...
Nufarm and ChrysaLabs partner to address barriers in carbon innovation measurement for sustainable aviation fuel production
GlobeNewswire· 2025-05-13 16:00
MELBOURNE, Australia, May 14, 2025 (GLOBE NEWSWIRE) -- MONTREAL, May 13, 2025 -- Nufarm is excited to announce its collaboration with ChrysaLabs, a leader in soil data, insights, and carbon measurement, to support the quantification of soil carbon sequestration benefits associated with Nufarm’s expansion of its Carinata production in South America. Carinata is a key crop in Nufarm’s bioenergy portfolio, delivering renewable biofuel feedstocks that enable the production of low-carbon fuels and materials for ...
Eimskip: First quarter 2025 results
GlobeNewswire· 2025-05-13 15:49
HIGHLIGHTS OF Q1 2025 RESULTS Seasonal fluctuations in the company's operations characterize the performance of the first quarter, which nevertheless improves year-on-year. Solid volume in the sailing system during the quarter, grew by 6.6%, while average freight rates remained unchanged from the previous year despite higher rates in Trans-Atlantic.The international freight forwarding performed well during the quarter, despite a decrease in volume, which was based on a favorable mix of projects.In other lo ...
Outcome of the 2025 Shareholders’ Meeting
GlobeNewswire· 2025-05-13 15:45
Press release Regulated information Shareholders expressed strong support for all resolutions, with an approval rate of over 90%. Brussels, May 13, 2025 - 5.45pm CEST Solvay held its Ordinary General Shareholders’ Meeting in Brussels, where all resolutions received strong shareholder support, exceeding 90% of votes, and included: The payment of a gross dividend of €2.43 per share for the year 2024. After deducting the interim dividend of €0.97 gross per share, paid on 22 January 2025, the balance amounts t ...
McPhy Energy: Monthly information relating to the total number of voting rights and outstanding shares (April 30, 2025)
GlobeNewswire· 2025-05-13 15:45
Translation for information purposes only In accordance with articles L. 233-8-II of the French Commercial Code and223-16 of the Autorité des Marchés Financiers General Regulation Reporting company: Corporate name: McPhy EnergyPublic Limited company (société anonyme) with Board of DirectorsRegistered office: Aéroparc – 1615 Avenue de la Grande Piste, 90150 FoussemagneRegistered under number 502 205 917 R.C.S. BelfortEuronext Growth Paris (ISIN code: FR0011742329 - ALMCP) DateTotal number of outstanding sh ...
Hagar hf.: Útboð á víxlum 20. maí 2025
GlobeNewswire· 2025-05-13 15:45
Hagar hf. efna til útboðs á víxlum þriðjudaginn 20. maí 2025. Boðnir verða til sölu víxlar í nýjum 6 mánaða flokki HAGA251126. Fossar fjárfestingarbanki hf. hefur umsjón með útboðinu og kynningu þess fyrir hugsanlegum fjárfestum. Útboðið verður með hollenskri aðferð, þ.e. öll samþykkt tilboð bjóðast fjárfestum á hæstu flötu vöxtum sem tekið er. Víxlarnir eru gefnir út í 20 m.kr. nafnverðseiningum og sótt verður um skráningu þeirra í Kauphöll. Félagið áskilur sér rétt til þess að taka hvaða tilboði sem er eð ...