Workflow
Share repurchase programme: Transactions of week 23 2025
Globenewswire· 2025-06-10 06:54
Core Viewpoint - Jyske Bank has initiated a share repurchase program with a total value of up to DKK 2.25 billion, running from February 26, 2025, to January 30, 2026, in compliance with EU regulations [1]. Group 1 - The share repurchase program allows Jyske Bank to acquire shares valued at up to DKK 2.25 billion [1]. - As of the latest announcement, Jyske Bank has accumulated a total of 982,403 shares under the program, with an average purchase price of DKK 537.23, totaling DKK 527,780,007 [2]. - Following the recent transactions, Jyske Bank will own a total of 3,747,521 treasury shares, representing 5.83% of the share capital [2]. Group 2 - The transactions under the share repurchase program include multiple purchases on specific dates, with the most recent being on June 6, 2025, where 1,944 shares were purchased at an average price of DKK 630.53 [2]. - The program is structured in accordance with the EU Commission Regulation No. 596/2014 and the Commission Delegated Regulation (EU) 2016/1052, ensuring compliance with the "Safe Harbour Rules" [1].
Founding Member Limoneira to Rejoin Sunkist Growers
Prnewswire· 2025-06-10 06:49
VALENCIA, Calif., June 10, 2025 /PRNewswire/ -- Sunkist Growers, Inc., a citrus marketing cooperative founded in 1893, announced today that Limoneira Company, one of its original founding members, will rejoin the organization effective November 1, 2025. The move marks a meaningful reunion and a bold step forward for both companies."This is more than a return—it's a powerful alignment of shared history, values, and vision," said Jim Phillips, President and CEO of Sunkist Growers. "Together, we're transformin ...
Euronext announces volumes for May 2025
Globenewswire· 2025-06-10 06:30
Euronext announces volumes for May 2025 Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 10 June 2025 – Euronext, the leading European capital market infrastructure, today announced trading volumes for May 2025. Euronext informs that the template has been aligned with the new reporting framework, which was implemented as of the first quarter 2025 results publication. Monthly and historical volume tables are available at this address: euronext.com/investor-relations#monthly-volumes CONTACTS AN ...
Temu and Shein are pivoting to Europe to deal with U.S. tariffs. But they may not get a warm welcome
CNBC· 2025-06-10 06:15
Core Insights - Temu and Shein are shifting their focus to Europe due to declining business in the U.S. caused by unfavorable trade policies [3][4] - Both companies are facing regulatory challenges in Europe similar to those encountered in the U.S., including a proposed €2 customs fee on small packages [2][4] Business Performance - In the U.S., Temu's consumer spending fell by approximately 36% year-over-year in May, while Shein's spending decreased by 13% [6] - Conversely, in the EU, consumer spending growth for Temu reached 63% and for Shein 19% year-over-year in May [7] Strategic Moves - Temu and Shein are increasing their advertising expenditures in Europe, particularly in the U.K. and France, as part of their strategic shift [5][8] - The companies are expanding operations in Europe by increasing warehouse capacity and experimenting with localized business models [8] Regulatory Environment - The EU's proposed customs fee is seen as a strategic move to control the growth of ultra-cheap cross-border e-commerce, which may impact how Temu and Shein operate in the region [4][9] - Both companies are facing scrutiny from European regulators, including complaints regarding deceptive practices and compliance with consumer laws [11][12] Compliance Challenges - The EU is moving towards stricter regulations on product safety and human rights, which will require Temu and Shein to invest in compliance and operational transparency [9][15] - The Corporate Sustainability Due Diligence Directive will impose stringent compliance demands on companies operating in the EU, affecting Temu and Shein's operations [14][15]
The consolidated sales of VILVI Group May 2025
Globenewswire· 2025-06-10 06:08
Core Insights - VILVI Group reported consolidated sales of EUR 24.19 million for May 2025, representing a 15.6% increase compared to May 2024 [1] - For the period of January to May 2025, the Group's consolidated sales reached EUR 118.45 million, marking a 24.1% increase compared to the same period last year [1] Financial Performance - The sales growth in May 2025 indicates a strong performance in the dairy sector, with a notable increase in revenue [1] - The cumulative sales growth from January to May 2025 reflects a positive trend in the Group's overall financial health and market position [1]
Xometry Announces Pricing of $225 Million Offering of Convertible Senior Notes
Globenewswire· 2025-06-10 06:00
Core Viewpoint - Xometry, Inc. has announced the pricing of $225 million in 0.75% Convertible Senior Notes due 2030, aimed at qualified institutional buyers, with expected net proceeds of approximately $217 million for various corporate purposes [1][4]. Group 1: Offering Details - The offering includes an option for initial purchasers to buy an additional $25 million in Notes within 13 days of issuance [2] - The Notes will accrue interest at a rate of 0.75% per year, payable semiannually, and will mature on June 15, 2030 [3] - The initial conversion rate is set at 21.2495 shares of Class A common stock per $1,000 principal amount of Notes, equating to a conversion price of approximately $47.06 per share, representing a 30% premium over the last reported sale price [5] Group 2: Use of Proceeds - Xometry plans to use the net proceeds to cover the cost of capped call transactions ($15.7 million), repurchase approximately $8 million of its Class A common stock, and repurchase about $201.7 million of its outstanding 1.00% Convertible Senior Notes due 2027 [4] - Additional proceeds, if the option is exercised, may be used for further capped call transactions, working capital, and potential acquisitions or strategic investments [4] Group 3: Redemption and Conversion Terms - The Notes cannot be redeemed before June 20, 2028, and can be redeemed under specific conditions related to the stock price [6] - In the event of a "fundamental change," noteholders may require Xometry to repurchase their Notes at 100% of the principal amount plus accrued interest [7] - The conversion rate may be adjusted in certain corporate events or upon redemption [8] Group 4: Capped Call Transactions - Xometry has entered into capped call transactions to mitigate potential dilution from the conversion of the Notes, with an initial cap price of $63.35, a 75% premium over the last reported sale price [9][10] - The capped call transactions are expected to reduce cash payments required upon conversion and are subject to customary adjustments [9] Group 5: Market Impact - The initial purchasers may engage in derivative transactions and stock purchases that could influence the market price of Xometry's Class A common stock and the Notes [11][12] - Concurrently with the offering, Xometry repurchased approximately $8 million of its Class A common stock, which may affect the market price [13] - Xometry also repurchased approximately $216.7 million of its 2027 notes, which could lead to further market activity affecting stock prices [14][15] Group 6: Regulatory Information - The Notes are offered only to qualified institutional buyers under Rule 144A and are not registered under the Securities Act [16] - This offering does not constitute an offer to sell or a solicitation of an offer to buy any securities [17] Group 7: Company Overview - Xometry operates an AI-powered marketplace that connects buyers with suppliers of manufacturing services, aiming to digitize the manufacturing industry [19]
Summa Defence Oyj’s new name has been registered in the Trade register, the trading symbols have been changed, new shares have been registered in the Trade Register and the acquired treasury shares have been cancelled
Globenewswire· 2025-06-10 06:00
Company Overview - Summa Defence Plc is a Finnish defense and security technology group focused on supporting industry growth and enhancing industrial production capacity amid geopolitical changes [5] - The company specializes in dual-use technologies related to supply security, situational awareness, mobility, and defense, benefiting civilian, security, and defense sectors while strengthening comprehensive security and crisis management capabilities [5] Name and Share Changes - The company changed its name from Meriaura Group Oyj to Summa Defence Oyj as decided in the Annual General Meeting on April 24, 2025 [1] - The name change is part of an arrangement where the company acquires the entire share capital of Summa Defence Oy through a share exchange and sells its subsidiary Meriaura Oy to Meriaura Invest Oy [1] - The Board of Directors executed the arrangement on June 9, 2025, issuing a total of 4,030,374,032 new shares related to the acquisition and cancelling 330,675,334 treasury shares [2] Share Capital and Trading - The new shares were registered in the Trade Register on June 10, 2025, along with the cancellation of treasury shares and the name change [3] - The company's share capital remains unchanged at EUR 470,210.00, with a total of 4,567,193,463 shares and votes after the registration [4] - The new shares will be publicly traded alongside the old shares on Nasdaq First North Sweden and Nasdaq First North Finland, starting June 11, 2025 [4][6]
Dai-ichi Life Group and Capgemini sign multi-year agreement to establish a Global Capability Center in India to drive international digital transformation
Globenewswire· 2025-06-10 06:00
Core Insights - Dai-ichi Life Group and Capgemini have signed a multi-year agreement to establish a Global Capability Center (GCC) in India, aimed at accelerating Dai-ichi Life's global digital transformation [1][2] - The GCC will leverage India's skilled workforce to enhance Dai-ichi Life's IT and digital strategies, focusing on building in-house capabilities in critical areas such as AI, data, and cybersecurity [1][3] Company Overview - Dai-ichi Life Group, founded in 1902, is Japan's first mutual life insurance company and has expanded its operations globally, managing approximately USD 430 billion in consolidated assets and serving over 50 million customers [6][7] - Capgemini is a global business and technology transformation partner with a workforce of 340,000 across more than 50 countries, reporting global revenues of €22.1 billion in 2024 [5] Strategic Collaboration - The partnership will initially focus on Japan, the United States, and Australia, with plans to expand based on market needs, emphasizing advanced software development, infrastructure modernization, AI & data solutions, and cybersecurity [2][4] - The collaboration aims to enhance customer service and operational efficiency by combining Dai-ichi Life's industry knowledge with Capgemini's technology transformation expertise [4]
Company Update
Globenewswire· 2025-06-10 06:00
Core Viewpoint - DXS International plc's digital medicine solution, ExpertCare, has been selected for the Grow Digital Health Midlands Programme, aimed at scaling digital health innovations across the NHS and broader care system [1][2]. Group 1: Programme Details - The Grow Digital Health Midlands Programme is a collaboration between Health Innovation East Midlands and Health Innovation West Midlands, featuring nine high-potential digital health companies, including DXS [2]. - The programme aims to support UK technology innovators in addressing NHS challenges, focusing on enhancing productivity and communication while reducing hospital care demand [3][4]. Group 2: Selection Process - A total of 51 applications were received, with nine companies selected to receive tailored support, including exposure to NHS England's largest region, covering 11 Integrated Care Systems and a population of approximately 11.8 million [3]. - The selection criteria emphasized the relevance of solutions to NHS priorities and technology readiness [4]. Group 3: Government Alignment - The programme aligns with the UK government's 10 Year Health Plan, which aims to transition from an analogue to a digital system, shift care from hospitals to community settings, and focus on health prevention rather than treatment [5]. Group 4: Company Overview - DXS International provides clinical decision support by presenting up-to-date treatment guidelines from trusted NHS sources to healthcare professionals, ultimately improving healthcare outcomes and contributing to NHS efficiency savings [8].
Bigbank AS Invites to Attend Webinars Introducing Public Subordinated Bond Offering
Globenewswire· 2025-06-10 06:00
Group 1 - Bigbank AS is hosting webinars on June 11, 2025, to introduce the public offering of subordinated bonds in Estonia, Latvia, and Lithuania [1][2] - The webinars will feature presentations by management board members Martin Länts and Argo Kiltsmann, covering the bank's business results and bond issue terms [2] - Participants can register for the webinars in Estonian at 11:00 EET and in English at 16:00 EET, with recordings available on the investor website and Nasdaq Baltic YouTube channel [3] Group 2 - Bigbank AS has over 30 years of operational history and is a commercial bank owned by Estonian capital, with total assets of 2.9 billion euros and equity of 274 million euros as of April 30, 2025 [4] - The bank operates in nine countries, serving over 170,000 active customers and employing more than 550 people [4] - Moody's has assigned Bigbank a long-term bank deposit rating of Ba1, with a baseline credit assessment and adjusted BCA of Ba2 [4]