Core Viewpoint - Wolters Kluwer has initiated a share buyback program, repurchasing a total of 80,674 shares for €7.4 million at an average price of €91.65 during the specified period, as part of a larger plan to repurchase shares worth up to €200 million from November 6, 2025, to February 23, 2026 [1][2]. Share Buyback Program Details - The share buyback program was announced on November 5, 2025, with a total intended repurchase of €200 million [2]. - Cumulative shares repurchased in 2025 to date amount to 7,694,958, with a total consideration of €1,022 million and an average share price of €132.82 [2]. Treasury Shares and Capital Reduction - Shares repurchased will be held as treasury shares and are intended for capital reduction through share cancellation [3]. Company Overview - Wolters Kluwer is a global leader in professional information solutions, software, and services, serving customers in over 180 countries and employing approximately 21,900 people [4][5]. - The company reported annual revenues of €5.9 billion for 2024 and is headquartered in Alphen aan den Rijn, the Netherlands [5].

Core Insights - Michael Burry critiques Nvidia Corp.'s shareholder practices, highlighting a disconnect between earnings and shareholder benefits [1][2] - Burry's analysis reveals that Nvidia's stock-based compensation practices dilute the benefits of its share buyback program [4][6] Financial Performance - Nvidia generated $205 billion in cumulative net income and $188 billion in free cash flow from 2018 to mid-2025 [3] - The company executed $112.5 billion in share buybacks during the same period [3] Stock-Based Compensation Impact - Nvidia issued $20.5 billion in stock-based compensation, which Burry argues offsets the entire buyback effort, increasing shares outstanding by 47 million [4][5] - Annual stock-based compensation rose from $1.3 billion in 2018 to $4.7 billion in fiscal year 2025 [5] Implications for Investors - Burry's analysis suggests that the dilution from stock-based compensation reduced Nvidia's per-share earnings by approximately 50% [7] - This dilution effect means that existing shareholders own a smaller percentage of the company despite significant buybacks [7]

Core Viewpoint - Grindr's majority shareholders have withdrawn their proposed buyout offer, valuing the company at $3.5 billion, due to uncertainties regarding financing and a preference for the company to remain publicly listed [2][3]. Company Performance - Grindr's shares rose by 1.5% in morning trading following the announcement of the buyout withdrawal [3]. - The company reported a 25% increase in net profit, reaching $31 million in the third quarter of this year [5]. - Grindr has over 14 million monthly active users, making it the most popular LGBTQ mobile app globally [5]. Shareholder Actions - Majority shareholders George Raymond Zage III and James Lu, who own approximately 64% of Grindr, have decided to terminate discussions regarding the buyout [3]. - Zage intends to continue purchasing Grindr shares in the open market, having already acquired over $200 million worth of shares as the stock hit a one-year low [4]. - Zage is advocating for increased shareholder returns through share buybacks and potential dividends [4]. Market Outlook - Wall Street analysts have recently upgraded their price targets for Grindr's shares to levels between $21 and $26, significantly above the $18 per share offered in the buyout proposal [2].

Core Viewpoint - Currency Exchange International, Corp. has announced the renewal of its normal course issuer bid (NCIB) and Automatic Securities Purchase Plan (ASPP) to repurchase up to 359,617 common shares, representing 10% of its public float as of November 18, 2025 [1][2][5] Group 1: Share Buyback Program - The Toronto Stock Exchange has accepted the company's notice to renew its NCIB and ASPP, allowing for the repurchase of shares starting December 2, 2025, until December 1, 2026, or until the maximum number of shares is repurchased [1][2] - The company had 6,134,120 common shares issued and outstanding as of November 18, 2025, and will repurchase shares on the open market at prevailing market rates [2][3] - The average daily trading volume for the common shares on the TSX was 2,418, allowing the company to repurchase a maximum of 1,000 shares per trading day under the NCIB [4] Group 2: Rationale for Share Repurchase - The Group CEO and Board of Directors believe that the market price of the company's shares may not reflect its underlying value, and repurchasing shares can enhance shareholder value during periods of volatility [5] - The company previously conducted a normal course issuer bid from December 2, 2024, to December 1, 2025, repurchasing 323,500 common shares at an average price of C$21.30 [6] Group 3: Automatic Securities Purchase Plan - The company has established an ASPP with its broker to facilitate automatic purchases of shares under the NCIB, with purchases determined by the broker based on parameters set by the company [7] - The ASPP has been pre-cleared by the TSX and will be effective from December 2, 2025, with all repurchases under the ASPP counted towards the NCIB total [7] Group 4: Company Overview - Currency Exchange International, Corp. provides foreign exchange technology and processing services for banks, credit unions, businesses, and consumers, with primary products including currency exchange, wire transfer payments, and foreign cheque clearing [8][9]

Core Insights - The company has completed a private transaction to repurchase 13,700,000 shares of common stock, indicating a strategic initiative to enhance shareholder value and strengthen its capital structure [1] Company Actions - The share repurchase reflects the company's commitment to improving its financial position and returning value to shareholders [1]

Core Viewpoint - Artea Bank has announced a new share buyback program, which aims to enhance share liquidity on the stock exchange and is set to run until the start of the next blackout period related to the end of the 2025 financial year [2]. Group 1: Share Buyback Program Details - The share buyback program will commence on December 1, 2025, and conclude on January 23, 2026, with a maximum acquisition of 3,369,750 shares [5]. - The bank has received permission from the ECB to repurchase up to 4,500,000 shares, valid for one year from September 23, 2025 [4]. - The maximum purchase price per share will not exceed the higher of the last independent trading price or the highest independent bid price for a specific transaction on Nasdaq Vilnius [5]. Group 2: Compliance and Regulations - The buyback will be conducted in compliance with the safe harbour requirements set out in Regulation (EU) No 596/2014 and related regulations [3]. - The bank will limit its daily share repurchases to no more than 25% of the average daily trading volume calculated over the month preceding the announcement of the program [5]. Group 3: Communication and Reporting - Artea Bank will publish information on completed transactions from the previous calendar week on the first working day of each calendar week [2].

Core Points - AKVA group ASA initiated a share buyback program on 23 September 2025 to repurchase up to 60,000 shares [1] - The company completed the buyback program, acquiring a total of 60,000 shares at a weighted average price of NOK 93.75 [2] - Following the completion, AKVA group holds 272,029 treasury shares, which is 0.74% of the total shares and votes [3] Summary by Sections Share Buyback Program - The share buyback program was announced on 23 September 2025, allowing for the repurchase of up to 60,000 shares [1] - From 24 November to 26 November, the company purchased 3,773 shares at an average price of NOK 89.71 [1] Completion of Buyback - The total shares bought under the program reached 60,000 at a weighted average price of NOK 93.75 [2] - After the buyback, the company now owns 272,029 treasury shares, representing 0.74% of the total shares [3] Management and Compliance - SpareBank 1 Markets AS managed and executed the buyback program on behalf of AKVA group [4] - The information is published in compliance with the EU Market Abuse Regulation and the Norwegian Securities Trading Act [4]

Core Points - Sampo plc has initiated a share buyback program with a maximum value of EUR 150 million, which commenced on 6 November 2025 [1][2] - On 25 November 2025, Sampo plc acquired a total of 204,955 A shares at an average price of EUR 10.06 per share [1] - Following the transactions, Sampo plc now holds 3,290,951 A shares, representing 0.12% of the total shares outstanding [2] Summary by Sections Share Buyback Program - The share buyback program was announced on 5 November 2025 and is in compliance with the Market Abuse Regulation (EU) 596/2014 [1] - The program is based on the authorization granted by Sampo's Annual General Meeting on 23 April 2025 [1] Transaction Details - The daily buyback on 25 November 2025 included the following volumes and prices: - 4,373 shares at EUR 10.08 on AQEU - 89,771 shares at EUR 10.06 on CEUX - 25,934 shares at EUR 10.06 on TQEX - 84,877 shares at EUR 10.07 on XHEL [1] Ownership Post-Transactions - After the buybacks, Sampo plc's total ownership of A shares stands at 3,290,951, which is 0.12% of the total shares [2]

Core Viewpoint - Keysight Technologies is demonstrating strong financial health and confidence in its stock value through a significant share buyback program and positive analyst ratings, indicating potential growth opportunities for investors [1][2][4][6]. Financial Performance - Keysight Technologies has a market capitalization of approximately $30.57 billion, a P/E ratio of 56.65, and a PEG ratio of 2.38, reflecting its valuation metrics [4]. - The company maintains a debt-to-equity ratio of 0.45, a current ratio of 3.59, and a quick ratio of 2.94, indicating strong liquidity and effective debt management [4][6]. Stock Performance - Following the announcement of a $1.5 billion share buyback program, KEYS stock increased by 3%, opening at $177.87 [3]. - The stock is currently priced at $177.67, reflecting an increase of 2.87% or $4.96, with fluctuations between a low of $173.36 and a high of $180.04 on the same day [5]. - Over the past year, KEYS has experienced volatility, trading between a low of $121.43 and a high of $187.67 [3]. Analyst Ratings - Barclays has maintained an "Overweight" rating for Keysight Technologies and raised its price target from $195 to $232, indicating confidence in the company's future performance [1][6].

Core Insights - The CEO of Domino's has unexpectedly stepped down amid concerns that the UK pizza market is nearing saturation, prompting a shift in strategy towards fried chicken [1][2][4] Group 1: Leadership Changes - Andrew Rennie, the CEO, has left the company immediately after announcing plans to diversify into fried chicken due to declining pizza demand [1][3] - Nicola Frampton, the current COO, will serve as the caretaker CEO while the board searches for a permanent replacement [2] Group 2: Market Conditions - The UK pizza market is reportedly approaching saturation, with increased competition from other fast food options like burgers and fried chicken [2][4] - Domino's has experienced a significant slowdown in sales over the past two years, negatively impacting profits [4] Group 3: Strategic Shifts - Plans have been announced to introduce a new brand called "Chick 'n' Dip" in 1,400 UK stores, focusing on fried chicken sales [3] - The company will pause any new acquisitions until a permanent CEO is appointed, indicating a cautious approach to future growth [4] Group 4: Financial Performance - Domino's share price has decreased by 51% over the past year, making it one of the most shorted stocks on the London market [5] - Hedge fund Browning West, which holds a 5% stake in the company, has urged for a £100 million share buyback instead of pursuing acquisitions [6]