WithSecure Corporation
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Change in the holding of WithSecure Corporation’s own shares
Globenewswire· 2025-05-15 14:30
Core Points - WithSecure Corporation has transferred a total of 52,224 treasury shares to recipients of the Restricted Share Plan (RSP) 2022-2024 reward shares [1] - After the transfer, WithSecure Corporation retains a total of 379,666 of its own shares [1] Company Information - The transfer of shares was executed without consideration, indicating a reward mechanism for employees or stakeholders involved in the RSP [1] - The date of the stock exchange release is 15 May 2025, at 17:30 EEST [1]
WithSecure Interim Report 1 January – 31 March 2025: Elements ARR growth continued, 70% ARR growth for Cloud Protection for Salesforce
GlobeNewswire News Room· 2025-04-25 05:00
Core Insights - WithSecure Corporation reported continued growth in its Annual Recurring Revenue (ARR) for its Elements Cloud products and services, with a notable 70% ARR growth for Cloud Protection for Salesforce in the first quarter of 2025 [1][6][12] Financial Performance - Elements Cloud ARR increased by 8% to EUR 86.6 million compared to EUR 80.5 million in the same period last year [6][7] - Revenue for Elements Cloud grew by 6% to EUR 21.9 million from EUR 20.6 million [6][7] - Cloud Protection for Salesforce achieved a 70% ARR growth to EUR 13.9 million, up from EUR 8.2 million [6][12] - Adjusted EBITDA for the Elements Company segment was EUR 0.9 million, an increase from EUR 0.7 million [11] - The overall revenue for continuing operations was EUR 30.1 million, a 4% increase from EUR 28.8 million [14] Outlook and Guidance - The company maintains its outlook for 2025, projecting a 10-20% growth in ARR for Elements Cloud products and services from the end of 2024 [2] - ARR for Cloud Protection for Salesforce is expected to grow by 20-35% from the end of 2024 [2] - The company aims to achieve a "Rule of 30+" status over the next three years, indicating a focus on sustainable growth [4] Strategic Developments - The cyber security consulting business will be divested in 2025, allowing Elements Company and CPSF to operate with their own guidance [3] - A divestment agreement for the Malaysian entity has been signed, with the transaction expected to close in the second quarter of 2025 [9][17] - The company is focusing on developing its partner channel and has signed several new key partner agreements during the first quarter [9] Operational Metrics - Net Revenue Retention (NRR) for Elements Cloud was 103%, while NRR for Cloud Protection for Salesforce was 133% [7][12] - The operative cash flow for the first quarter was EUR -2.6 million, slightly worse than EUR -2.4 million in the previous year [11]
WithSecure Corporation has concluded repurchase of own shares
Globenewswire· 2025-04-11 16:00
Core Viewpoint - WithSecure Corporation has successfully completed a share repurchase program, enhancing shareholder value and demonstrating confidence in its financial position [1][2]. Group 1: Share Repurchase Details - The buyback program was initiated on 12 March 2025 and concluded on 11 April 2025, during which 350,000 shares were purchased at an average price of EUR 0.9104 per share [2]. - Following the repurchase, WithSecure Corporation now holds a total of 431,890 shares, which accounts for approximately 0.25% of the total shares outstanding, totaling 176,016,849 shares [2]. Group 2: Financial Compliance and Use of Shares - The shares were acquired using the company's unrestricted equity at market prices through trading on Nasdaq Helsinki, adhering to relevant European regulations [3]. - The repurchased shares are intended for use in share-based incentive plans and board remuneration, aligning management interests with those of shareholders [3].
WithSecure Corporation: SHARE REPURCHASE 27.3.2025
Globenewswire· 2025-03-27 16:30
Core Viewpoint - WithSecure Corporation has executed a share repurchase, acquiring 10,000 shares at an average price of 0.9397 EUR per share, totaling 9,397 EUR, which increases its total holdings to 276,890 shares [1]. Group 1: Share Repurchase Details - The share repurchase occurred on March 27, 2025, on the Helsinki Stock Exchange [1]. - The average price per share for the repurchase was 0.9397 EUR [1]. - The total cost of the repurchase was 9,397 EUR [1]. Group 2: Compliance and Regulations - The share buybacks are conducted in accordance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 [1]. - The buybacks also comply with the Commission Delegated Regulation (EU) 2016/1052 [1].
WithSecure Corporation: SHARE REPURCHASE 14.3.2025
Globenewswire· 2025-03-14 16:30
Core Viewpoint - WithSecure Corporation has executed a share repurchase, acquiring a total of 20,000 shares at an average price of 0.9139 EUR per share, amounting to a total cost of 18,278 EUR [1] Group 1: Share Repurchase Details - The share repurchase took place on March 14, 2025, in the Helsinki Stock Exchange [1] - The total number of shares held by WithSecure Corporation after the repurchase is 151,890 [1] - The buyback is conducted in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegated Regulation (EU) 2016/1052 [1]