Workflow
Alm. Brand A/S share buy-back program is concluded - transactions week 12
Globenewswire· 2026-03-23 08:30
Core Viewpoint - Alm. Brand A/S has successfully concluded a share buy-back program amounting to DKK 835.2 million, purchasing a total of 49,040,879 shares [1][2]. Group 1: Share Buy-Back Program Details - The share buy-back program was executed in compliance with Regulation No 596/2014 and the Safe Harbour Regulations [2]. - During week number 12, a total of 740,000 shares were bought at an average price of DKK 16.08, amounting to DKK 11,900,400 [2]. - The accumulated total under the program reached 49,040,879 shares at an average purchase price of DKK 17.03, with a total transaction value of DKK 835,191,775 [2]. Group 2: Current Shareholding Status - Following the completion of the buy-back program, Alm. Brand A/S now holds a total of 50,923,764 own shares, which represents 3.50% of the total outstanding shares [2].
SOUEAST Making Its Mark in Latin America
Globenewswire· 2026-03-23 08:12
Core Insights - The Latin American automotive market is becoming increasingly dynamic, with Brazil's Mover Plan, energy transition initiatives in Colombia and Chile, and localized production trends reshaping competitive dynamics [1] - SOUEAST is emerging as a significant player in the Latin American market, launching multiple models in countries like Chile, Peru, and Uruguay, and establishing over 40 sales and service outlets in Mexico [2][3] Company Expansion - SOUEAST has adopted a proactive market expansion strategy, highlighted by a major brand launch event in Mexico City in June 2025 [2] - The brand operates in over 48 countries, offering a diverse product portfolio including the Urban Stylish SUV S06/S06DM, Urban Intelligent SUV S07, and Smart Premium SUV S09 [3] - SOUEAST's rapid growth in the African market, particularly in Egypt, serves as a strategic reference for its expansion in Latin America, achieving 4th place in the passenger vehicle segment within a year of launch [3] Regional Strategy - SOUEAST is expanding its regional distribution network and engaging in cooperation discussions with leading automotive dealers in key Latin American markets such as Colombia, Guatemala, Bolivia, El Salvador, and Honduras [5] - The company is evaluating left-hand drive markets like Venezuela, Ecuador, and the Caribbean for future expansion phases [5] - The competitive landscape in Latin America will be critical to observe as SOUEAST attempts to replicate its successful growth model in other emerging markets [5]
Rakovina Therapeutics to Present New Data at the AACR Annual Meeting 2026 – World’s Premier Cancer Research Forum
Globenewswire· 2026-03-23 08:00
Core Insights - Rakovina Therapeutics has had two research abstracts accepted for presentation at the 2026 American Association for Cancer Research (AACR) Annual Meeting, highlighting its advancements in AI-driven oncology therapies [1][2]. Group 1: Research Presentations - The first abstract focuses on a novel brain-penetrant dual ATR-mTOR inhibitor for PTEN-deficient cancers, utilizing the Enki™ generative AI platform to design molecules that inhibit ATR and mTOR, which are critical for the survival of PTEN-deficient cancer cells [3][4]. - The second abstract discusses the development of a lipid nanoparticle formulation of the bifunctional PARP and HDAC inhibitor Kt-3283, which aims to enhance drug delivery and reduce toxicity associated with combination therapies [4][5]. Group 2: Technological Innovations - Rakovina's integration of AI platforms allows for the evaluation of billions of potential compounds at 100 times the speed of traditional methods, significantly accelerating drug discovery [6][7]. - The company collaborates with Variational AI and NanoPalm to optimize drug candidates and enhance delivery mechanisms, showcasing its commitment to innovative cancer treatment solutions [5][7]. Group 3: Market Potential and Pipeline - The oncology market is projected to reach $18 billion annually by 2030, with Rakovina focusing on therapies targeting DNA-repair vulnerabilities present in up to 75% of solid tumors, particularly in hard-to-treat cancers like breast, ovarian, prostate, and brain cancers [8]. - The company is targeting several near-term milestones, including in vivo testing of new lipid nanoparticle formulations and advancing its AI-driven compound refinement programs, which are expected to de-risk its pipeline and support future clinical studies [8].
Fluke Launches Next-Generation RotAlign Core and Elite Laser Shaft Alignment Solutions
Globenewswire· 2026-03-23 08:00
Core Insights - Fluke Corporation has launched two new laser shaft alignment systems, RotAlign Core and RotAlign Elite, aimed at simplifying alignment workflows and delivering measurable ROI [1][8][17] - The new systems are built on single-laser, dual-detector technology, enhancing ease of use and scalability [2][12] Industry Context - Downtime in manufacturing can cost up to €1.4 million per hour, with misalignment responsible for up to 50% of unplanned downtime, leading to significant financial losses [2][5] - Maintenance teams face increasing pressure to optimize resources, making the reduction of avoidable rework essential [3] Product Features - RotAlign Core and Elite include software-driven capabilities such as customizable reporting, direct email alerts, an ROI calculator, and a unique video replay feature that allows users to eliminate disruptive measurements without retesting [4][13] - The systems are designed to support a shift towards predictive maintenance, capturing both measurements and technical expertise as workforce dynamics change [5] Technical Advantages - The single-laser technology simplifies setup by requiring only one sensor and one laser, which reduces installation complexity [10] - Enhanced precision and accuracy are achieved through the use of a single sensor with two optical planes, maintaining target precision over long distances [10] - Real-time alignment corrections can be viewed simultaneously in both vertical and horizontal planes, minimizing the need for repetitive adjustments [10] Future-Proofing - Both RotAlign Core and Elite offer scalability, allowing customers to upgrade sensors without needing to replace their ruggedized tablet [6]
Share repurchase programme: Transactions of week 12 2026
Globenewswire· 2026-03-23 07:54
Core Viewpoint - Jyske Bank has initiated a share repurchase program with a total value of up to DKK 3 billion, running from February 5, 2026, to January 29, 2027, in compliance with the Market Abuse Regulation [1]. Group 1: Share Repurchase Program Details - The share repurchase program allows Jyske Bank to acquire shares valued at up to DKK 3 billion [1]. - As of the latest announcement, Jyske Bank has accumulated a total of 468,013 shares under the program, with an average purchase price of DKK 921.07, totaling DKK 431,072,627 [2]. - Following the transactions, Jyske Bank will own a total of 3,777,541 treasury shares, representing 6.14% of the share capital [2]. Group 2: Transaction Summary - The program has seen multiple transactions, with the most recent purchases occurring from March 16 to March 20, 2026, involving shares purchased at prices ranging from DKK 852.66 to DKK 884.52 [2]. - The average purchase price for the shares acquired during the program is DKK 921.07 [2]. - The total value of shares purchased in the recent transactions from March 16 to March 20, 2026, amounts to approximately DKK 74,948,979 [2].
Danone to acquire Huel, extending its portfolio in Functional Nutrition
Globenewswire· 2026-03-23 07:47
Core Viewpoint - Danone has entered into a definitive agreement to acquire Huel, enhancing its portfolio in the functional nutrition sector and expanding into the rapidly growing Complete Nutrition market [1][2]. Group 1: Acquisition Details - The acquisition aligns with Danone's Renew Danone strategy, aiming to strengthen its presence in functional nutrition [2]. - Huel offers a complementary range of products, including ready-to-drink and powder formats, supported by strong digital direct-to-consumer sales [2][3]. - The transaction is subject to customary closing conditions, including regulatory approvals [3]. Group 2: Strategic Benefits - Combining Huel's innovative products with Danone's scale and global reach is expected to accelerate growth and international expansion [3][4]. - Huel's mission to provide convenient and sustainable nutrition aligns with Danone's goal of promoting health through food [3][4]. Group 3: Company Profiles - Huel is recognized as a global leader in complete, nutritionally balanced meals, offering a variety of products designed for modern lifestyles [6]. - Danone operates in three health-focused categories and generated €27.3 billion in sales in 2025, with a commitment to sustainable practices and health-focused products [7][8].
Roblon launches new Group strategy and presents financial ambitions towards 2030
Globenewswire· 2026-03-23 07:43
Group 1 - The company has released Company Announcement no 6 for the year 2026, indicating important updates and developments [1]
AB Akola Group will buy-back its own shares
Globenewswire· 2026-03-23 07:40
Core Viewpoint - The company, AB Akola Group, has initiated a share buyback program as part of its capital allocation strategy to enhance long-term value for shareholders [1][3]. Group 1: Share Buyback Details - The share buyback resolution was approved during the Annual General Meeting on 31 October 2025, allowing the company to repurchase its ordinary registered shares at a price of EUR 1.75 per share [1]. - A total of 500,000 shares will be repurchased for an aggregate amount of EUR 875,000, with 9,076,879 shares tendered during the buyback process [1]. - The allocation for the buyback was 5.51% overall, with a 5.81% allocation for those who bid at the EUR 1.75 price, while higher bids were not allocated [1]. Group 2: Timeline and Settlement - The share buyback commenced on 16 March 2026 and concluded on 20 March 2026, with settlement for the acquired shares scheduled for 24 March 2026 [2]. Group 3: Investor Insights - The Deputy CEO for Finance and Investments stated that the buyback allows shareholders to sell part or all of their holdings, while remaining investors benefit from an increased proportional interest in the company's assets and future earnings [3]. - According to the Head of Markets at Orion Securities, investors are managing their positions with some taking partial profits and others increasing their holdings, driven by individual portfolio strategies rather than reassessing the company's fundamentals [4].
GAM Alternatives Fund managers call on Liontrust Asset Management to commence immediate strategic review
Globenewswire· 2026-03-23 07:32
Core Viewpoint - Activist investors Albert Saporta and Randel Freeman are urging Liontrust Asset Management PLC to initiate a strategic review aimed at selling the company due to significant undervaluation and misaligned executive compensation [2][3][10]. Financial Performance - Liontrust's share price has declined approximately 85% from its peak in September 2021, and assets under management (AUM) have fallen from £42.3 billion to around £22 billion, representing a valuation of only 0.68% of AUM [3][6][7]. - The company's share price performance is reported to be the worst among major UK fund management companies during this period [6]. Executive Compensation - CEO John Ions has received nearly £40 million in total compensation since 2010, with £17 million in the last five years, which is considered excessive for a poorly performing small-cap company [7][8]. - The combined compensation of the CEO and CFO amounts to approximately 40% of Liontrust's current market capitalization [8]. Strategic Missteps - The current leadership is criticized for failing to articulate a credible strategy to reverse the company's decline, with a focus on the UK retail market and ESG strategies while lacking a robust alternatives product offering [10]. - The management's past acquisitions have not retained key employees, leading to significant value destruction, with around £280 million spent on acquisitions since 2011, nearly double the current market capitalization [8][10]. Call for Action - The letter from the activist investors emphasizes the need for Liontrust to commence a strategic review and consider selling the company, as it is no longer positioned to act as a serious consolidator in the fragmented asset management industry [10][11].
Prosafe SE: Operational update – February 2026
Globenewswire· 2026-03-23 07:00
Fleet Utilisation and Operations - Fleet utilisation for February 2026 was reported at 96% [1] - Safe Eurus, Safe Notos, and Safe Zephyrus operated at near 100% commercial uptime in January [1] - Safe Caledonia achieved 79% utilisation at the Captain Field in the UK, with 100% commercial uptime until disconnection on 22 February [3] Scheduled Maintenance and Future Contracts - Safe Zephyrus and Safe Notos commenced scheduled special periodic surveys (SPS) in early March, with completion expected in April [4] - Safe Caledonia has a Letter of Intent (LoI) from Ithaca Energy for a 6-month firm contract and 3 months of options starting in the second quarter of 2027 [3][4] Market Outlook - The CEO of Prosafe expressed optimism regarding the market outlook, anticipating continued strong demand and increasing day rates [5]