CCC Announces $500 Million Share Repurchase Authorization and $300 Million Accelerated Share Repurchase Program
Globenewswire· 2025-12-12 13:30
Core Viewpoint - CCC Intelligent Solutions Holdings Inc. has authorized a new share repurchase program of up to $500 million, following the full utilization of a previous $300 million program, indicating confidence in the company's long-term growth and capital allocation strategy [1][4]. Group 1: Share Repurchase Program - The new share repurchase program allows the company to buy back shares through various methods, including open market purchases and accelerated share repurchases, without any obligation to repurchase [3]. - The company has entered into an accelerated share repurchase program with Bank of America to repurchase $300 million of its common stock, with an initial delivery of approximately 33.2 million shares, representing about 80% of the expected repurchases [2]. - After the accelerated share repurchase, the company will have $200 million remaining under the new authorization for additional repurchases, which may be funded from available liquidity and free cash flow [3]. Group 2: Company Overview - CCC Intelligent Solutions Inc. is a leading SaaS platform provider for the insurance economy, connecting over 35,000 businesses through its CCC Intelligent Experience (IX) Cloud™ platform [4]. - The company focuses on creating intelligent experiences for various stakeholders in the insurance industry, including insurers, repairers, and automakers, leveraging AI and innovative architecture [4].
Meet the New Benchmark in Global Automotive Safety, GEELY OPENS WORLDS LARGEST VEHICLE TESTING CENTRE
Globenewswire· 2025-12-12 13:30
Ningbo, Dec. 12, 2025 (GLOBE NEWSWIRE) -- New Geely Safety Centre sets five new Guinness World Records for size, scope and capability Geely Safety Centre offers fully capability for new tests for the electrified and intelligent vehicle eraCybersecurity, data privacy protection, health, and environmental protection included in Geely’s new concept of Comprehensive SafetyGeely Safety Centre becomes new platform for collaboration with global partners on safety technologies and standards Ningbo— Geely Auto Gro ...
Cerro de Pasco Resources Inc. Announces Execution of Settlement Agreement with Trevali Monitor
Globenewswire· 2025-12-12 13:30
MONTRÉAL, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (“CDPR” or the “Company”) announces that it has entered into a settlement agreement (the “Settlement Agreement”) with FTI Consulting Canada Inc., in its capacity as court-appointed monitor of Trevali Mining Corporation (the “Monitor”), and with Trevali Mining Corporation (“Trevali”), resolving all claims and counterclaims in the arbitration relating to the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine (the “S ...
VCI Global Concludes ELOC to Simplify Capital Structure and Prepare for Multi-Subsidiary Listings
Globenewswire· 2025-12-12 13:30
Enhance Capital Structure Supports Digital Asset Treasury Expansion and Institutional-Grade Growth StrategyKUALA LUMPUR, Malaysia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) today announced the conclusion of its Equity Line of Credit (ELOC) facility. This strategic move streamlines the Company's capital structure and positions the Company to concentrate on its highest-priority growth areas, including its Digital Asset Treasury (DaT) initiatives and it ...
NewGen to Exercise Option to Convert Ras Al Khaimah Joint Venture into Joint Development, Projected to Boost Profits from US$67 Million to US$123 Million
Globenewswire· 2025-12-12 13:30
Strategic Move to Unlock Further Value and Accelerate Project Momentum with Planned Fundraising and Upcoming Presale LaunchBANGKOK, Dec. 12, 2025 (GLOBE NEWSWIRE) -- NewGenIVF Group Limited (“NewGen” or the “Company,” NASDAQ: NIVF), a technology-driven company building a diversified ecosystem across fertility technology, digital assets, and real estate development, today announced its intention to exercise an option under its joint venture agreement (“JVA”) with BNW Real Estate Development LLC (“BNW”) to co ...
Norwood Financial Corp Announces Receipt of Regulatory Approvals for Acquisition of PB Bankshares, Inc.
Globenewswire· 2025-12-12 13:15
HONESDALE, Pa., Dec. 12, 2025 (GLOBE NEWSWIRE) -- Norwood Financial Corp (NASDAQ Global Market: NWFL), the holding company for Wayne Bank, announced that it has received final regulatory approvals for its proposed acquisition of PB Bankshares, Inc. (“PB Bankshares”) and its wholly owned subsidiary, Presence Bank. [PB Bankshares previously announced on December 11, 2025, that its shareholders approved its proposed merger with Norwood Financial Corp.] Subject to the satisfaction of customary closing condition ...
BitFuFu Named to World Future Awards’ TOP 100 Next Generation Companies for 2025
Globenewswire· 2025-12-12 13:15
SINGAPORE, Dec. 12, 2025 (GLOBE NEWSWIRE) -- BitFuFu Inc. (“BitFuFu” or the “Company”) (Nasdaq: FUFU), a world-leading Bitcoin miner and mining services innovator, has been named one of the World Future Awards’ TOP 100 Next Generation Companies of 2025, a global honor recognizing organizations shaping the future through excellence, innovation, and positive impact. In an official congratulatory letter issued by the World Future Awards Organizing Committee, the panel commended BitFuFu for its “dedication to ...
Sintana Energy Inc. Announces Court Sanction of Scheme of Arrangement and Issue of Shares
Globenewswire· 2025-12-12 13:06
Core Viewpoint - Sintana Energy Inc. has received approval for the acquisition of Challenger, which will be executed through a Court-sanctioned scheme of arrangement under Isle of Man law, with the effective date expected on December 16, 2025 [1][2][4]. Group 1: Acquisition Details - The acquisition involves Sintana acquiring the entire issued and to be issued ordinary share capital of Challenger, with the Scheme sanctioned by the Court [1][3]. - The Scheme Record Time is set for 6:00 p.m. on December 15, 2025, and shareholders on the register at that time will receive New Sintana Shares upon the Scheme becoming effective [2][4]. - The expected timetable for the acquisition remains unchanged from the announcement made on December 9, 2025 [3]. Group 2: Trading and Share Issuance - Trading in Challenger Shares on AIM will be suspended from 7:30 a.m. on December 16, 2025, with the last day for dealings being December 15, 2025 [4][5]. - Admission to trading of New Sintana Shares on the TSXV is expected to commence shortly after 8:00 a.m. on December 23, 2025 [5][6]. - Sintana will also apply for admission of the Sintana Shares to trading on AIM, expected to commence around December 23, 2025 [6]. Group 3: Shareholder Proposals - Participants in the Challenger Share Plan and holders of Challenger Warrants have opted to cancel their options or warrants in exchange for the issuance of 20,043,463 New Challenger Shares, which will be exchanged for New Sintana Shares [7][8]. - Following the admission of the New Challenger Shares, Challenger will have a total of 269,356,123 ordinary shares in issue [9].
8.3 - Unite Group plc.
Globenewswire· 2025-12-12 13:04
Key Information - Rathbones Group Plc disclosed a position in The Unite Group Plc, indicating ownership of 595,225 relevant securities, representing 0.12% of the total [1][3] - The disclosure date for the position held is December 11, 2025 [1] - The disclosure includes interests in both relevant securities and cash-settled derivatives [1][3] Positions - Rathbones Group Plc holds 595,225 ordinary shares of The Unite Group Plc, which accounts for 0.12% of the relevant securities [3] - There are no short positions reported in the relevant securities [3] Dealings - A sale of 180 ordinary shares was executed at a price of 517.6906 pence per unit [7] Other Information - There are no indemnity or other dealing arrangements reported that may influence the decision to deal or refrain from dealing [12] - No agreements or arrangements regarding voting rights or future acquisition or disposal of relevant securities have been disclosed [13]
8.3 - Idox
Globenewswire· 2025-12-12 13:03
Key Information - Rathbones Group Plc disclosed a position in Idox Plc, holding 32,214,726 relevant securities, representing 6.97% of the total [1][3] - The disclosure date for the position held is December 11, 2025 [1] Positions of the Discloser - The interests in the relevant securities of Idox Plc include 32,214,726 shares, which accounts for 6.97% of the total [3] Dealings - Rathbones Group Plc sold a total of 31,960 shares of Idox Plc at prices of 68.8p and 68.8201p per unit [7] - Additionally, there was a transfer out of 7,760 shares, although the price per unit for this transaction was not specified [11] Other Information - There are no indemnity or other dealing arrangements related to the relevant securities [12] - No agreements or arrangements regarding voting rights or future acquisition or disposal of relevant securities were reported [13]