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Investopedia· 2025-06-13 11:30
The S&P 500 has authorized record stock buybacks so far this year in what could be a lifeline for the stock market in turbulent times. https://t.co/LIMrBCuRCV ...
East West Bancorp Ups 2025 NII & Revenue Outlook Amid Uncertainty
ZACKS· 2025-06-12 16:21
Key Takeaways EWBC expects 2025 NII growth at or above the top end of the prior stated 4-6%. Revenue growth for 2025 is projected to exceed 6%, up from the earlier mentioned 5-7%. EWBC's clients have mitigated tariff risks through supply-chain diversification and relocation.East West Bancorp, Inc. (EWBC) provided insight into its strategic growth amid the ongoing uncertainty at the Morgan Stanley US Financials Conference. The company’s CFO, Chris DelMoral Niles, revised its net interest income (NII) and r ...
Applied Industrial Exhibits Strong Prospects Amid Persisting Headwinds
ZACKS· 2025-06-12 15:35
Core Insights - Applied Industrial Technologies, Inc. (AIT) is positioned for growth with strong performance in key markets such as technology, food & beverage, pulp & paper, aggregates, and transportation [1] - The Engineered Solutions segment saw a revenue increase of 13.5% year over year in Q3 FY25, driven by technology-related fluid power demand [1][7] Acquisitions and Market Expansion - AIT is focused on enhancing its capabilities through acquisitions, which positively impacted sales by 6.6% in the fiscal third quarter [2] - Recent acquisitions include IRIS Factory Automation and Hydradyne, which have strengthened AIT's automation and fluid power offerings, respectively [2] - The acquisition of Grupo Kopar in May 2024 expanded AIT's automation platform into Mexico [2] Shareholder Returns - AIT has committed to rewarding shareholders with dividends and share buybacks, paying out $46.2 million in dividends in the first nine months of fiscal 2025, an increase of 11.2% year over year [3] - A quarterly dividend rate hike of 24% was implemented in January 2025 [3] - A new share buyback program was authorized in April 2025 to repurchase up to 1.5 million shares [4] Financial Performance - AIT's stock has gained 20.9% over the past year, outperforming the industry growth of 4.2% [5] - The Service Center revenues fell by 3.5% in Q3 FY25 due to weak MRO and local account sales [7][8] - SG&A expenses increased by 4.1% year over year in Q3 FY25, reaching 19.4% of total revenues [9]
Dylan Media Controls 40% of Share Capital and Requests Significant Share Buyback Offer
Globenewswire· 2025-06-12 13:30
Core Points - CLIQ Digital AG has a new principal shareholder, Dylan Media B.V., which now holds approximately 19.1% of the shares and has agreements for an additional 21.2%, totaling a 40.3% stake in the company [1][9] - Dylan Media has requested CLIQ's Management and Supervisory Boards to include a significant share buyback offer in the agenda for the Annual General Meeting 2025, proposing to buy back up to 2,060,000 shares at €6.06 per share, which is 15% higher than the six-month volume-weighted average share price [2][4] - The proposed buyback would represent 59% of CLIQ's remaining free floating share capital and would lead to a reduction in CLIQ's share capital after the completion of the buyback [3][5] Shareholder and Market Impact - If the buyback is approved, shareholders can divest their shares at €6.06, which is a 75% increase from the Xetra closing price of €3.46 prior to the announcement [4] - Following the significant changes in shareholder structure and limited liquidity, CLIQ is considering delisting from all stock exchanges after the share buyback offer [5][6] - Dylan Media has decided not to pursue a public partial tender offer for CLIQ shareholders, reflecting a strategic shift after achieving significant influence through direct acquisitions [7] Upcoming Events - CLIQ has scheduled its Annual General Meeting for 21 August 2025 in Düsseldorf, where the share buyback offer and potential delisting will be discussed [8][9] - The company will provide further information regarding the results of the share buyback offer and delisting considerations in due course [5] Company Overview - CLIQ Digital is a data-driven online performance marketing company that sells bundled subscription-based digital products globally, operating in 40 countries with a workforce of 132 employees from 33 nationalities as of 31 December 2024 [12][13] - The company is headquartered in Düsseldorf and is listed in the Scale segment of the Frankfurt Stock Exchange [13]
Share Buyback Transaction Details June 5 – June 11, 2025
Globenewswire· 2025-06-12 08:00
Core Points - Wolters Kluwer has repurchased 222,303 ordinary shares for €34.4 million at an average price of €154.85 from June 5 to June 11, 2025 [2] - The company aims to repurchase shares worth up to €1 billion during 2025 as part of its share buyback program announced on February 26, 2025 [3] - Cumulatively, 2,972,609 shares have been repurchased in 2025, totaling €461.9 million at an average price of €155.38 [3] - The company has engaged third parties to execute €350 million of buybacks from May 8, 2025, to July 28, 2025 [3] - Repurchased shares will be held as treasury shares and used for capital reduction through share cancellation [4] Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024 and operates in over 40 countries, employing approximately 21,900 people [6] - The company provides professional information solutions, software, and services across various sectors including healthcare, tax, accounting, and legal [5] - Wolters Kluwer is listed on Euronext Amsterdam and included in major indices such as AEX and Euro Stoxx 50 [7]
Results for the year ended 31 March 2025
Globenewswire· 2025-06-12 06:00
Core Viewpoint - PayPoint Plc has demonstrated a resilient financial performance for the year ended 31 March 2025, making significant progress towards achieving its target of £100 million EBITDA by the end of FY26, while also establishing new growth targets for the next three years [3][20][44]. Group Financial Highlights - Revenue increased by 1.4% to £310.7 million from £306.4 million in FY24 [2] - Net revenue rose by 3.7% to £187.7 million compared to £181.0 million in FY24 [2] - Underlying EBITDA grew by 10.7% to £90.0 million from £81.3 million in FY24 [2] - Underlying profit before tax increased by 10.2% to £68.0 million from £61.7 million in FY24 [2] - Profit before tax decreased by 45.4% to £26.3 million from £48.2 million in FY24, impacted by adjusting items [2] - Net corporate debt rose by 44.2% to £97.4 million from £67.5 million in FY24 [2] Strategic Outlook - The company aims for net revenue growth of 5% to 8% per annum through FY28, supported by a robust business mix and growth opportunities [4][20] - An organizational framework will be established to enhance automation and agility in operations [4][21] - A share buyback program will be enhanced to return at least £30 million per annum to shareholders until the end of March 2028, targeting a reduction of at least 20% of issued share capital [4][8][22] Business Division Highlights - The Shopping division's net revenue increased by 1.2% to £65.2 million [10] - E-commerce division net revenue surged by 39.0% to £16.4 million [14] - Payments & Banking division net revenue grew by 1.7% to £54.4 million [14] - Love2shop division net revenue increased by 0.8% to £51.7 million [15] Key Performance Indicators - Underlying EBITDA reached £90.0 million, up from £81.3 million in FY24 [48] - Underlying profit before tax was £68.0 million, compared to £61.7 million in FY24 [48] - Diluted underlying earnings per share increased to 69.1 pence from 62.6 pence in FY24 [48] - Net corporate debt stood at £97.4 million, up from £67.5 million in FY24 [48]
Why one of Wall Street's top strategists sees the S&P 500 reaching 6,550 by year-end
Yahoo Finance· 2025-06-11 21:31
Deutsche Bank chief global strategist Binky Chadha has a year-end target of 6,550 for the S&P 500 (^GSPC). One of the reasons why he thinks that target could be reached is because companies are still conducting stock buybacks. Hear his explanation in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here: https://finance.yahoo.com/videos/series/market-domination-overtime/ #youtube #STOCKS #investing About Yahoo Finance: Yahoo F ...
Siili Solutions Plc: Share Repurchase 11.6.2025
Globenewswire· 2025-06-11 15:30
Siili Solutions Plc Announcement 11.6.2025 Siili Solutions Plc: Share Repurchase 11.6.2025 In the Helsinki Stock Exchange Trade date 11.6.2025 Bourse trade Buy Share SIILI Amount 1 000SharesAverage price/ share 6,3000EURTotal cost 6 300,00EUR Siili Solutions Plc now holds a total of 9 198 shares<td colspan="2" s ...
Fnac Darty implements a share buyback program
Globenewswire· 2025-06-11 05:30
Ivry-sur-Seine, France, June 11, 2025 – 7:30AM Fnac Darty implements a share buyback program Fnac Darty has announced the implementation of a share buyback program for a total of 600,000 shares as part of the share buyback program authorised at the Shareholders’ Meeting of May 28, 2025. A first buyback mandate has been granted to investment services provider NATIXIS for a maximum amount of €5 million. This initiative follows on from the Board of Directors’ decision to allow share buyback in the proportion ...
Casey's Surges on Strong Q4, More Gains Likely Ahead
MarketBeat· 2025-06-10 20:24
Core Viewpoint - Casey's General Stores has shown significant growth, with stock prices increasing over 200% in the last four years, and has the potential for further triple-digit percentage increases in the future [1] Financial Performance - In FQ4, Casey's reported net revenue of $3.99 billion, reflecting a year-over-year increase of 10.8%, driven by a 9.2% rise in store count and a 1.7% increase in inside comparable sales [9] - Inside comparable sales increased by 7.4% over two years, while fuel gallon comps were flat at 0.1%, but operating profit increased by 21.45% due to improved margins [10][11] - EBITDA rose by 20.1%, net income increased by 13%, and GAAP earnings grew by 12.4% [11] Growth and Guidance - The company anticipates continued growth into FY2026, forecasting 11% EBITDA growth at the midpoint and inside sales comps near 3.5% [12] - The dividend yield is approximately 0.45%, with a reliable payment history and an expected annual increase, having risen for 26 consecutive years [5][6] Operational Quality and Acquisitions - Casey's halted share buybacks in F2025 to prepare for the acquisition of Fikes, which is already contributing positively to results [2][3] - The balance sheet shows increased current assets by 22% and total assets by 29%, leading to a 16% increase in shareholder equity, which stands at over $3.5 billion [8] Analyst Sentiment - Analysts maintain a Moderate Buy rating for Casey's, with a consensus price target of $434.92, indicating a potential downside of 12.6% from the current price [9][14] - The overall sentiment among analysts is positive, with expectations for continued stock price increases following the recent quarterly results and guidance updates [13]