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Obsidian Energy Announces Second Quarter 2025 Results
Newsfile· 2025-07-30 11:00
Financial Performance - The company reported cash flow from operating activities of $55.2 million for Q2 2025, down from $77.9 million in Q2 2024 [2] - Funds flow from operations (FFO) was $65.8 million ($0.94 per share) compared to $115.2 million ($1.51 per share) in the same quarter last year [8] - Net income for Q2 2025 was $15.3 million ($0.22 per share), a decrease from $37.1 million ($0.48 per share) in Q2 2024 [8] - Capital expenditures totaled $40.2 million in Q2 2025, down from $59.2 million in Q2 2024 [8] - Net debt decreased to $270.2 million as of June 30, 2025, from $432.5 million a year earlier [8] Operational Highlights - Average daily production was 28,943 barrels of oil equivalent (boe) per day, compared to 35,773 boe per day in Q2 2024 [2] - The company successfully brought 20 wells into production during Q2 2025, primarily in the Peace River area [12] - The average sales price for light oil was $91.09 per barrel, while heavy oil averaged $61.27 per barrel [2] - The company closed the disposition of its Pembina assets on April 7, 2025, which contributed to a reduction in decommissioning liabilities [5] Share Buyback Program - The company repurchased and canceled approximately 5.4 million shares for $36.6 million during Q2 2025, representing about 7% of outstanding shares [4] - Since the inception of the share buyback program in 2023, the company has repurchased and canceled approximately 20% of its shares, totaling around 16.7 million shares [5][11] Future Outlook - The company plans to continue its capital development program in the second half of 2025, with three rigs currently operating in Peace River and plans to add another rig in Willesden Green [10] - The Clearwater waterflood pilot project is set to begin water injection in Q3 2025 [12] - The company anticipates further operational success based on encouraging initial production rates from recent wells [12]
Velcan Holdings: Share buyback program
Globenewswire· 2025-07-16 14:00
Core Viewpoint - The company has initiated a share repurchase program, authorized by shareholders and implemented by the Board of Directors, aimed at enhancing shareholder value through the cancellation or coverage of free shares [1][2]. Group 1: Share Repurchase Program Details - The share repurchase program was authorized during the shareholders' meeting on 29 June 2021 and implemented on 8 January 2025 [1]. - The purchases were disclosed for the period from 7 July 2025 to 11 July 2025, with specific trading dates and details provided [1][2]. - A total of 40,750 shares were repurchased on 10 July 2025, with a total expenditure of €733,449.98 [2]. Group 2: Financial Details of Purchases - On 10 July 2025, 750 shares were purchased at €17.93 each, totaling €13,449.98 [2]. - Additionally, 40,000 shares were purchased at €18.00 each, amounting to €720,000.00 [2]. - The purpose of these purchases is stated as cancellation or free shares coverage [2]. Group 3: Regulatory and Contact Information - Regulatory information regarding the share buyback program is available on the company's website [3]. - For investor relations inquiries, the contact email provided is investor@velcan.lu [3].
Festi hf.: Buyback program week 28
Globenewswire· 2025-07-14 08:30
Core Viewpoint - Festi has executed a buyback program, purchasing a total of 150,000 own shares for 44,250,000 ISK in week 28 of 2025, in compliance with relevant regulations [1] Group 1: Buyback Program Details - Prior to the recent purchases, Festi held 411,226 own shares, representing 0.13% of issued shares [2] - After the buyback, Festi now holds 561,226 own shares, which is 0.18% of issued shares, having bought a total of 315,000 own shares for 91,275,000 ISK [2] - The buyback program aims to repurchase a total of 2,500,000 own shares, or 0.80% of issued shares, with a maximum purchase price of 800 million ISK [2]
Compagnie de l'Odet : Availability of the description of share buyback program
Globenewswire· 2025-06-20 15:45
Group 1 - The shareholders of Compagnie de l'Odet authorized a share buyback program during the Combined General Meeting held on June 17, 2025 [2] - The Board of Directors has been granted the authority to implement the share buyback program and can delegate powers in accordance with the law [2] - Details of the share buyback program will be included in the 2024 annual financial report as per the regulations of the Autorité des Marchés Financiers (AMF) [2]
DÉKUPLE: COMBINED GENERAL MEETING ON 13 JUNE 2025 - Dividend of €0.76 per share, to be paid out on 20 June 2025
Globenewswire· 2025-06-13 16:30
Group 1 - The Combined General Meeting of ADLPartner was held on June 13, 2025, where the full-year accounts for 2024 were approved [2] - A dividend of €0.76 per share was approved, with the ex-dividend date set for June 18, 2025, and payment scheduled for June 20, 2025 [3] - The annual compensation for Board members was increased to €190,000 from the previously proposed €170,000, effective from the 2025 financial year [4] Group 2 - All other resolutions submitted during the meeting were adopted, with details on quorum conditions and voting results to be posted on DÉKUPLE's website [5] - The approval included the compensation policy for corporate officers and the authorization for a share buyback program [8] - DÉKUPLE, founded in 1972, recorded net sales of €218 million in 2024 and operates in Europe, North America, and China, employing over 1,100 people [6]
ASM announces start of €150 million share buyback program
Globenewswire· 2025-04-29 16:06
Group 1 - ASM International N.V. announces a share buyback program of €150 million, starting on April 30, 2025, and expected to conclude by January 2026 [1][2] - The program is authorized by the Management Board and will be executed within the limits of relevant laws and regulations, with a maximum of 4,714,465 shares to be repurchased [2] - ASM intends to use the repurchased shares to fulfill existing and future obligations under ongoing share programs for employees and board members [2] Group 2 - ASM will provide weekly updates on the progress of the share buyback program starting May 5, 2025, with information published on its website [3] - ASM International is headquartered in Almere, the Netherlands, and specializes in designing and manufacturing equipment for semiconductor device production [4]
Kering - Press release - Description of the Share Buyback Program - April 24 2025
Globenewswire· 2025-04-24 17:35
Core Points - The General Shareholders' Meeting of Kering on April 24, 2025, renewed the authorization for a share buyback program and capital reduction through share cancellation [2][3] - Kering currently holds 825,620 shares, representing 0.67% of its share capital [4] - The share buyback program aims to ensure liquidity, meet obligations related to employee share plans, and facilitate investments or financing [5] Share Buyback Program Details - Kering's share capital is €493,683,112, divided into 123,420,778 shares [6] - The maximum proportion of shares Kering can hold is set at 10%, equating to a maximum of 12,342,077 shares [7] - The maximum purchase price for shares is €700, with a total maximum allocation of €8,639,453,900 for the program [8] Authorization and Duration - The authorization for the share buyback program is valid for 18 months, expiring on October 24, 2026 [9] - Previous authorizations for share buybacks were not utilized, except for a liquidity agreement [10] Liquidity Agreement - Kering has a liquidity agreement in place since February 13, 2019, which has been renewed annually [11] - An amendment to this agreement reduced the liquidity account resources by €25 million as of July 1, 2021 [12] Company Overview - Kering is a global luxury group with brands including Gucci, Saint Laurent, and Bottega Veneta, employing 47,000 people and generating €17.2 billion in revenue in 2024 [15]