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FORVIA: Share Buyback Transaction Statement from 5 to 9 May 2025
Globenewswire· 2025-05-12 15:35
Nanterre, 12 May 2025 Share Buyback Transaction Statement From 5 to 9 May 2025(article 241-4, I of the Règlement Général of the Autorité des Marchés Financiers and position-recommendation of the Autorité des Marchés Financiers DOC-2017-04) Aggregated presentation by day and market Issuer’s nameIssuer’s identifying codeTransaction dateIdentifying code of financial instrumentDaily total volume (in number of shares)Daily weighted average price of shares acquiresMarket (MIC code)FORVIA969500F0VMZLK2IULV85<td st ...
Century Casinos(CNTY) - 2025 Q1 - Earnings Call Transcript
2025-05-12 15:00
Financial Data and Key Metrics Changes - Revenues for Q1 2025 were $130.4 million, with EBITDAR at $20.2 million, maintaining operating margins consistent with Q1 of the previous year despite challenges [4][5] - The impact of weather, leap year, and lower sports betting revenue in Colorado was estimated to reduce EBITDAR by approximately $2 million compared to Q1 of last year [5][25] - Carded gaming revenue increased by 1%, while uncarded gaming revenue decreased by 2.5% across all U.S. properties [5] Business Line Data and Key Metrics Changes - In Missouri, the new Caradasil property saw carded gaming revenue grow by 12% and uncarded revenue increase by 23%, leading to a total gaming revenue increase of 17% or $2.1 million compared to Q1 of last year [6][7] - The Century Casino and Hotel in Cape Girardeau experienced a 5% increase in patrons and a 2% increase in trips, although gaming win was flat due to lower hold [10][11] - In Colorado, carded revenue grew by 7% in Central City, while uncarded revenue decreased by 36% [12][13] Market Data and Key Metrics Changes - Total visitor volume decreased by 3%, with a notable reduction in visits from the 50 age group, partially offset by a 1% increase from younger guests [6] - The number of patrons living more than 75 miles from the new Caradasil property increased by 34%, contributing to a 23% increase in total visitors [8] - In the East segment, gaming revenue from upper-tier customers increased by 10%, while lower-tier customers saw a decline [15][16] Company Strategy and Development Direction - The company is focusing on expanding its market presence, particularly in Missouri, by targeting customers living 75 miles or more from its properties [12][54] - There is an emphasis on operational discipline and cost management to improve profitability, with plans to enhance marketing initiatives to attract higher net worth guests [11][54] - The company is also finalizing partnership agreements for sports betting in Missouri, expected to provide high-margin EBITDAR [12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving consumer behavior and spending patterns since mid-March, with April showing an estimated 5% increase in EBITDA compared to last year [25][26] - Despite economic uncertainties, management is confident in the long-term prospects of the company, noting no significant competitive supply issues anticipated for this year or next [26][27] - The company plans to balance its capital expenditures with shareholder returns, indicating a cautious approach to stock buybacks in light of market conditions [27] Other Important Information - The company reported a cash position of approximately $85 million and no debt maturities until 2029, with expectations for net debt to EBITDA ratios to decrease significantly by year-end [23][24] - The company is committed to divesting its operations in Poland, with ongoing discussions with interested parties [22] Q&A Session Summary Question: Have you noticed any softening in consumer behavior for your Canadian assets? - Management indicated that lower revenue is not significant and attributed it to weather and one less gaming day, expressing no concerns [31][33] Question: Can you provide an update on initiatives at Rocky Gap? - Management confirmed completed renovations and marketing initiatives targeting Baltimore and Washington DC areas to attract higher net worth guests [35] Question: What has changed regarding year-end leverage targets? - Management acknowledged a positive trend since mid-March but remained cautious about projecting this trend for the full year [41][43] Question: Are you looking to monetize your casino database in Alberta? - Management mentioned potential partnerships with the Alberta Gaming Commission for database sharing but did not foresee other opportunities [44][47] Question: Are you focusing on revenue growth or maintaining EBITDA levels in Missouri? - Management aims for both revenue growth and cost discipline, particularly targeting the 75-mile customer base [52][54] Question: What is the timeline for divesting Polish assets? - Management believes divestment could occur in 2025 but acknowledged previous misestimations [55][56] Question: What is the capacity for stock buybacks? - Management plans to initiate stock buybacks with a single-digit million dollar volume between now and the next earnings release [57][58]
Sydbank share buyback programme: transactions in week 19
Globenewswire· 2025-05-12 13:43
Group 1 - Sydbank announced a share buyback programme amounting to DKK 1,350 million, which commenced on 3 March 2025 and is set to conclude by 31 January 2026 [1][2] - The purpose of the share buyback programme is to reduce the share capital of Sydbank, executed in compliance with EU regulations [2] - During week 19, Sydbank repurchased a total of 66,000 shares, with a gross value of DKK 28,006,590 [2] Group 2 - As of the latest announcement, Sydbank has accumulated a total of 762,000 shares repurchased under the programme, with a gross value of DKK 317,038,140 [2] - Following the transactions, Sydbank holds a total of 760,964 own shares, representing 1.48% of its share capital [4] - The total shares held by Sydbank, including direct and indirect holdings, amounts to 768,839 shares, which is 1.51% of the total share capital [5]
Uber VS. Lyft Earnings: ETFs in Focus
ZACKS· 2025-05-12 09:25
Shares of Lyft (LYFT) and Uber (UBER) have taken opposite paths post Q1 2025 earnings releases last week. While Lyft shares surged more than 28% on May 9, thanks to buyback issuance and bookings growth, Uber shares slumped on May 7 after reporting mixed first-quarter 2025 results. Let’s delve a little deeper.Lyft Stock Surges on Strong Results and Buyback PlanShares of Lyft recorded their best day on May 9 since February 2024, after the company announced an expanded share repurchase program and better-than- ...
27/2025・Trifork Group: Weekly report on share buyback
Globenewswire· 2025-05-12 05:30
Core Viewpoint - Trifork Group has initiated a share buyback program with a total budget of DKK 14.92 million (approximately EUR 2 million), running from 4 March 2025 to 30 June 2025 [1][2]. Share Buyback Program Details - The share buyback program allows Trifork to purchase shares, with 82,174 shares repurchased so far at a total cost of DKK 7,090,659 [2]. - Prior to the buyback, Trifork held 256,329 treasury shares, which represented 1.3% of the share capital [2]. - The average purchase price for the repurchased shares is DKK 86.29 [2]. Transactions Overview - The following transactions have been made under the buyback program: - Total beginning: 74,679 shares at an average price of DKK 85.74, totaling DKK 6,403,060 - 5 May 2025: 1,500 shares at DKK 90.12, totaling DKK 135,180 - 6 May 2025: 1,297 shares at DKK 92.45, totaling DKK 119,908 - 7 May 2025: 1,700 shares at DKK 91.34, totaling DKK 155,278 - 8 May 2025: 1,600 shares at DKK 92.65, totaling DKK 148,240 - 9 May 2025: 1,398 shares at DKK 92.27, totaling DKK 128,993 [2]. Treasury Shares and Outstanding Shares - After the buyback transactions, Trifork now holds a total of 315,631 treasury shares, which corresponds to 1.6% of the total share capital [3]. - The total number of registered shares in Trifork is 19,744,899, leading to 19,429,268 outstanding shares after adjusting for treasury shares [3]. Company Overview - Trifork is a global technology partner specializing in innovative digital solutions for enterprise and public sector customers, with 1,215 professionals across 71 business units in 16 countries [4]. - The company focuses on advanced software development across various sectors, including public administration, healthcare, and financial services [4].
Are You Missing Out on These 2 Dividend Raises From Tech Sector Powerhouses?
The Motley Fool· 2025-05-09 17:45
Group 1: Apple - Apple announced a dividend increase of $0.01 per share, or 4%, raising the quarterly disbursement to $0.26 [2] - The company authorized a new share repurchase program of up to $100 billion, which is less than the previous quarter's $110 billion [3] - Total revenue for Apple reached nearly $95.4 billion, surpassing the average analyst projection of $94.2 billion, with net income at $24.8 billion, almost 5% higher than the previous year [6] - Product revenue increased less than 3% year over year to $68.7 billion, while the services segment rose 11% to $26.6 billion [5] - The newly raised dividend will be distributed on May 15 to investors of record as of May 12, resulting in a yield of 0.5% at the most recent closing stock price [7] Group 2: IBM - IBM declared a quarterly dividend of $1.68 per share, marking the 30th consecutive year of dividend increases, with a $0.01 hike [9] - The company reported first-quarter revenues of $14.5 billion and non-GAAP net income of almost $1.6 billion, beating average analyst projections [10] - IBM's consulting business experienced a 2% year-over-year revenue decline to $5.1 billion, while infrastructure revenue fell 6% to $2.9 billion [11] - The software segment, which is the largest revenue generator, rose 7% to $6.3 billion, indicating a strong performance in a high-margin area [12] - The new dividend will be paid on June 10 to stockholders of record as of May 9, offering a dividend yield of 2.7% based on the current share price [14]
Lyft Is Executing Well But Analysts Caution About Uber And Waymo Competition
Benzinga· 2025-05-09 17:22
Lyft LYFT stock was trading higher on Friday after the company reported better-than-expected first-quarter results and announced a $750 million share buyback plan on Thursday.Quarterly revenue was $1.45 billion, which missed the Street estimate of $1.47 billion. Lyft reported quarterly earnings of one cent per share, which beat the analyst consensus estimate of one cent in losses.Also Read: Lyft Stock Downgraded On Autonomous Vehicle Risk From Waymo, Tesla CompetitionNeedham analyst Bernie McTernan reiterat ...
Lyft Stock Pops 19% as Buyback, Ride Metrics Impress Wall Street
Schaeffers Investment Research· 2025-05-09 14:36
Lyft Inc (NASDAQ:LYFT) stock is up 19.5% to trade at $15.54 at last glance, after the ride-sharing company increased its share buyback program to $750 million. While first-quarter revenue missed estimates, rides jumped 16% year-over-year to 218.4 million, topping forecasts of 215.1 million. Gross bookings rose 13% to $4.16 billion, narrowly beating expectations, while active riders climbed 11% to 24.2 million. CEO David Risher noted this marked Lyft’s 16th consecutive quarter of double-digit gross booking g ...
Lyft shares pop 20% after buyback; CEO says there are no signs of worry in the consumer
CNBC· 2025-05-09 13:46
Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025.Lyft shares climbed 20% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings.During an interview with CNBC's "Squawk Box," CEO David Risher said that Lyft isn't seeing "anything to worry about" despite widespread concerns of a slowing consumer amid ongoing economic uncertainty."Our team is stronger than it's ever been, and the consumer demand is absolutely there," he ...
Silvercrest Asset Management Group(SAMG) - 2025 Q1 - Earnings Call Transcript
2025-05-09 13:30
Financial Data and Key Metrics Changes - The company experienced strong new client organic flows of $400 million in Q1 2025, following $1.4 billion in Q4 2024, totaling $1.8 billion over the past two quarters [4] - Total Assets under Management (AUM) was $34.3 billion, with discretionary AUM at $22.7 billion, remaining flat year over year [5][8] - Revenue for the quarter was $31.4 million, an increase of $1.1 million or 3.7% year over year, primarily driven by market appreciation [8] - Reported net income for the quarter was approximately $3.9 million, translating to $0.26 per Class A share [10] - Total assets decreased from $194.4 million at the end of 2024 to approximately $159.9 million as of March 31, 2025 [11] Business Line Data and Key Metrics Changes - The company noted a robust new business pipeline, particularly in Global Value strategies, with significant potential for future growth [19] - The OCIO pipeline has slowed, but there is optimism for future flows as the company builds relationships with consultants [19][20] Market Data and Key Metrics Changes - The company is expanding its presence in Europe and Southeast Asia, with a focus on building relationships and establishing a proactive marketing strategy [36][39] - The firm is working on obtaining a European license to market its services more effectively [36] Company Strategy and Development Direction - The company plans to continue investing in talent and initiatives to enhance its presence in institutional and wealth markets [5] - A $12 million stock repurchase program was completed, indicating a commitment to returning capital to shareholders while investing in growth [6][28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about securing more significant organic flows throughout 2025 despite short-term market volatility affecting results [5][21] - The company is navigating a period of hesitation in the search environment due to global macroeconomic uncertainties, but remains confident in long-term growth prospects [22][63] Other Important Information - A quarterly dividend of $0.20 per share was declared, to be paid on or about June 20, 2025 [7] - The company is focused on maintaining a healthy balance sheet to support ongoing capital returns and growth initiatives [6] Q&A Session Summary Question: Could you comment on the pipeline and what you're seeing for OCI as well as Global going forward? - Management noted that the nature of searches has changed, focusing on cultivating consultant relationships rather than traditional RFPs, and expressed confidence in the pipeline for Global Value strategies [15][16] Question: How are things in Europe and Singapore regarding AUM? - Management highlighted strong relationships in Europe and ongoing efforts to establish a proactive marketing presence, with a focus on regulatory compliance [34][36] Question: Can you share any color on potentially a new buyback? - Management indicated that they are seriously considering another buyback, emphasizing the importance of returning capital to shareholders while investing in growth [42][43] Question: How do you view the operating leverage and timing of revenue versus expenses? - Management acknowledged the challenges of achieving operating leverage in the current environment but expressed optimism about long-term growth and increasing margins [56][58] Question: Is the trend of international investors pulling capital from the U.S. a concern for Silvercrest? - Management stated that the majority of their assets are U.S.-based and expressed confidence in their global strategies to mitigate any potential impacts [65][67]