Core Points - Wolters Kluwer has repurchased 174,141 ordinary shares for €24.7 million at an average price of €141.86 from June 19 to June 25, 2025 [2][3] - The share buyback program, announced on February 26, 2025, aims to repurchase shares up to €1 billion during 2025 [3] - Cumulatively, 3,253,150 shares have been repurchased in 2025, totaling €502.2 million at an average price of €154.38 [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 is a global leader in professional information solutions, software, and services across various sectors including healthcare, tax, accounting, and legal [5] - Wolters Kluwer shares are listed on Euronext Amsterdam and included in major indices such as AEX and Euro Stoxx 50 [7]

Core Points - THOR Industries, Inc. has re-authorized a share repurchase program allowing the company to buy back up to $400 million of its common stock, with the authorization set to expire on July 31, 2027 [1][2] - Since initiating its buyback program in December 2021, THOR has repurchased over 3.5 million shares, demonstrating its ability to generate cash even in a challenging RV market [2] - The company has resumed stock repurchases, acquiring over 340,000 shares since June 6, 2025, and plans to continue buying back shares as long as the market price does not reflect its long-term value [2] Company Overview - THOR Industries is the largest manufacturer of recreational vehicles globally, owning several operating companies [3]

Group 1 - ASM International N.V. has conducted share repurchases totaling 7,370 shares at an average price of €514.10, amounting to a total repurchased value of €3,788,907 [1] - The share buyback program, initiated on April 30, 2025, has a total budget of €150 million, with 28.6% of the program completed to date [2] - ASM International specializes in designing and manufacturing equipment and process solutions for semiconductor device production, with operations in the United States, Europe, and Asia [2] Group 2 - The company's common stock is traded on the Euronext Amsterdam Stock Exchange under the symbol ASM [2] - The press release contains inside information as defined by the EU Market Abuse Regulation [3]

Group 1 - JDE Peet's has repurchased 29,236 shares from June 16, 2025, to June 20, 2025, at an average price of EUR 23.34 per share, totaling EUR 0.7 million [1] - The total number of shares repurchased under the buyback program to date is 3,758,121 ordinary shares for a total consideration of EUR 70.7 million [2] - The share buyback program was announced on March 3, 2025, with a total budget of EUR 250 million [1][2] Group 2 - JDE Peet's is the world's leading pure-play coffee and tea company, serving approximately 4,400 cups of coffee or tea per second [3] - The company operates in over 100 markets with a portfolio of over 50 brands, including L'OR, Peet's, Jacobs, and Douwe Egberts [3] - In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed more than 21,000 employees globally [3]

Core Viewpoint - Elis has disclosed the purchase of its own shares from June 16 to June 20, 2025, as part of its buyback program authorized by the General Shareholders' Meeting on May 22, 2025 [2]. Summary by Relevant Sections Share Buyback Details - The total number of shares acquired during the buyback period was 136,960 shares, with an average purchase price of €23.5489 [2]. - The daily breakdown of share purchases is as follows: - June 16, 2025: 1,010 shares at €23.6975 - June 17, 2025: 30,669 shares at €23.6652 and 15,096 shares at €23.6371 - June 18, 2025: 14,734 shares at €23.5916 and 10,710 shares at €23.5377 - June 19, 2025: 37,489 shares at €23.4748 and 23,521 shares at €23.4513 - June 20, 2025: 3,731 shares at €23.4199 [2]. Purpose of Share Purchases - The purpose of the share buyback is to cover maturing performance share plans and allocate free shares to employees as part of the Elis for All 2025 international employee shareholding plan, and to cancel shares in accordance with the resolution from the Combined General Meeting on May 22, 2025 [2].

Investment Rating - The report assigns a "Buy" rating to AIA Group with a 12-month price target of HK$90, indicating an upside potential of 30.5% from the current price of HK$68.95 [11][12]. Core Insights - AIA Group is focused on share buybacks, with a decision to shorten the buyback period to three months to capitalize on low share prices. The next buyback decision is expected to align with FY25 results [5]. - The company anticipates limited impact from interest rate changes, with a positive translation effect from the weakness of the USD. The business in mainland China and Thailand is negatively affected by lower rates, while operations in Hong Kong, Singapore, and Malaysia benefit from them [5][10]. - AIA is actively expanding its footprint in mainland China, aiming to grow agent numbers in new branches and maintain a similar product mix to established operations. The company expects to receive approvals for 1-2 new provinces each year [10][11]. Summary by Sections Share Buybacks - AIA Group has decided to shorten the buyback period to three months to take advantage of low share prices, with the next review of capital position and free surplus generation expected at FY25 results [5]. Market Movements - The report discusses the impact of foreign exchange, interest rates, and equity market movements, noting that the USD weakness primarily affects translation metrics rather than direct business impact. The company has seen a year-to-date decline in bond yields in China and the US, while rates in Thailand have decreased, potentially leading to negative impacts if current levels persist [5][6]. Sales and Growth in Mainland China - AIA reported a -7% year-over-year decline in Value of New Business (VONB) in mainland China, attributed partly to a strong base effect from 1H24. The company expects easier comparisons in 2H25. The sales mix has shifted towards participating products, which have lower margins compared to non-participating products, but traditional products remain unaffected [10][11]. Footprint Expansion - AIA aims to grow agent numbers in new branches to over 1,000 within the first 1.5-2 years and plans to expand to other cities in the provinces of the new branches. The product mix in new branches is similar to established operations, although average ticket sizes are smaller due to lower income levels in these areas [10][11].

Core Insights - Wolters Kluwer has repurchased 106,400 ordinary shares for €15.6 million at an average price of €146.95 during the period from June 12 to June 18, 2025 [2][3] - The company has a share buyback program announced on February 26, 2025, with a total intended repurchase of up to €1 billion in 2025 [3] - Cumulatively, 3,079,009 shares have been repurchased in 2025, totaling €477.5 million at an average price of €155.09 [3] Share Buyback Program Details - The company has engaged third parties to execute €350 million of buybacks from May 8, 2025, to July 28, 2025, in compliance with relevant laws and regulations [3] - Shares repurchased will be held as treasury shares and are intended 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]

Core Viewpoint - Johnson Controls International plc (JCI) has announced a $9 billion share buyback program, reflecting its commitment to rewarding shareholders [1][2]. Share Buyback Program - The board of directors has authorized the repurchase of $9 billion worth of shares, which can be executed in the open market or through various methods, including Rule 10b-5-1 trading plans, with no expiration date [2][9]. - JCI currently has an existing share repurchase program from 2021, with $1.1 billion remaining as of the end of the second quarter of fiscal 2025 [3][9]. Financial Performance - In the first half of fiscal 2025, JCI repurchased 8.2 million shares for $660 million and paid out $489 million in dividends [4][9]. - The company has a market capitalization of $69 billion and holds a Zacks Rank of 3 (Hold) [5]. Market Position and Growth - JCI has experienced a 24.6% increase in share price over the past six months, significantly outperforming the industry growth of 1.5% [7]. - The Building Solutions North America segment is showing solid momentum, driven by increased demand for the HVAC platform and investments in digital offerings like the OpenBlue platform [5]. Challenges - Rising selling, general and administrative (SG&A) expenses due to higher transformation and transaction costs may impact profitability [7]. - High debt levels could increase financial obligations for the company [7].

Core Points - BNP Paribas completed its share buyback program on June 9, 2025, repurchasing a total of 14,025,914 shares at an average price of €77.29 per share, amounting to €1.084 billion [2][3] Group 1: Share Buyback Details - The share buyback program was announced on May 19, 2025, and involved transactions from June 9 to June 13, 2025 [2] - A total of 552,914 shares were purchased on June 9, 2025, across various market codes, with a daily weighted average price of €78.2352 [2] - The shares bought back under this program will be cancelled [3]

Group 1 - JDE Peet's has repurchased 37,417 shares from June 9, 2025, to June 13, 2025, at an average price of EUR 23.90 per share, totaling EUR 0.9 million [1] - The total number of shares repurchased under the buyback program to date is 3,728,885 ordinary shares for a total consideration of EUR 70.0 million [2] - The share buyback program was announced on March 3, 2025, with a total budget of EUR 250 million [1] Group 2 - JDE Peet's is the world's leading pure-play coffee and tea company, serving approximately 4,400 cups of coffee or tea per second [3] - The company operates in over 100 markets with a portfolio of over 50 brands, including L'OR, Peet's, Jacobs, and Douwe Egberts [3] - In 2024, JDE Peet's generated total sales of EUR 8.8 billion and employed more than 21,000 employees globally [3]