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GTT: Main terms and conditions of the share buy-back programme
Globenewswire· 2025-06-12 17:16
GAZTRANSPORT ET TECHNIGAZSociété anonyme with a share capital of €371,177.72Registered office: 1 route de Versailles – 78470 Saint-Rémy-lès-Chevreuse, France662 001 403 R.C.S. Versailles Main terms and conditions of the share buy-back programme in accordance with the conditions and obligations set by Articles 241-1 and seq. of the General Regulations of the Autorité des marchés financiers (AMF) Implementation of the share buy-back programme authorised by the Combined Shareholders’ meeting on June 11, 2025 I ...
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 ...
Dave & Buster's(PLAY) - 2026 Q1 - Earnings Call Transcript
2025-06-10 22:00
Financial Data and Key Metrics Changes - In Q1 2025, same store sales decreased by 8.3% compared to the prior year, with a notable decline of 11.9% in February, but improved to a decline of 4.3% in April [18][19] - Revenue for the quarter was $568 million, with net income of $22 million or $0.62 per diluted share, and adjusted EBITDA of $136 million, resulting in an adjusted EBITDA margin of 24% [19][20] - Operating cash flow generated during the quarter was $96 million, ending with $12 million in cash and $411 million available under the revolving credit facility [20] Business Line Data and Key Metrics Changes - The company has seen improvements in food and beverage sales, particularly with the reintroduction of the eat and play combo, which has a double-digit opt-in rate [11][12] - Remodeled stores have outperformed the system by over 700 basis points over the last three months, indicating the effectiveness of the remodel strategy [12] - The introduction of new games and attractions, such as the Human Crane, is expected to enhance guest experience and drive traffic [13][55] Market Data and Key Metrics Changes - The company reported positive same store sales in 11 of the last 30 days, indicating a recovery trend [8] - The Memorial Day weekend showed particularly strong sales, contributing to the positive momentum observed in early June [8] Company Strategy and Development Direction - The company is focused on a "back to basics" strategy aimed at improving execution across marketing, operations, and menu offerings [6][7] - New store development remains a key part of the strategy, with plans for 10 to 12 new store openings in fiscal 2025 [21][80] - International franchising is seen as a driver of efficient growth, with expectations for at least seven more international openings over the next year [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery trajectory, emphasizing the importance of executing their current strategies to drive revenue growth and free cash flow [7][15] - The leadership team is optimistic about the potential for significant improvements in operating performance and shareholder value in the coming months [7][93] - Management acknowledged the challenges posed by the macroeconomic environment but believes their initiatives will help mitigate these impacts [62] Other Important Information - The company is in the process of finalizing the search for a permanent CEO, with the interim CEO committed to driving performance improvements [15] - A new store manager incentive program has been implemented to align managers' interests with same store sales growth [38] Q&A Session Summary Question: Predictability of same store sales trajectory - Management indicated that while they are optimistic about future growth, they are still in the early stages of recovery and expect to see outsized growth in the coming years [24][26] Question: Breakdown of capital expenditures - The CFO confirmed that capital expenditures were front-end loaded, with significant spending on new stores and remodels [28][30] Question: Improvement in same store sales trends - Management noted that improvements are driven by increased traffic and better food and beverage sales, particularly through the eat and play combo [34][35] Question: Need for reinvestment in the business - Management stated that they do not foresee the need for significant reinvestment but will focus on smarter spending to drive growth [47][50] Question: New game cabinets and future outlook - The company plans to roll out new game cabinets and attractions, maintaining a focus on guest experience and engagement [54][56] Question: Differences in performance between Dave and Buster's and Main Event - Overall performance is similar, but there are specific metrics showing stronger growth in certain areas for Dave and Buster's [90]