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Sodexo - Disclosure of transactions in own shares carried out from May 12 tio May 14, 2025
Globenewswire· 2025-05-19 16:00
Group 1 - Sodexo conducted a share buyback program from May 12 to May 14, 2025, purchasing a total of 100,000 shares at an average price of €56.5051 [1] - The share buyback was authorized by the Shareholders' Meeting held on December 17, 2024, and was aimed at fulfilling obligations related to free shares award plans [1] - The transactions included various trading dates and volumes, with the highest purchase price recorded at €57.3105 on May 13, 2025 [1] Group 2 - Sodexo, founded in 1966, is a global leader in sustainable food and facilities management services, emphasizing a responsible business model [2] - The company operates in 45 countries and serves 80 million consumers daily, with consolidated revenues of €23.8 billion for fiscal 2024 [3] - As of April 3, 2025, Sodexo's market capitalization was €8.5 billion, and it is recognized as the number one France-based private employer worldwide [3]
Disclosure of trading in own shares from May 9 to May 16, 2025
Globenewswire· 2025-05-19 15:50
Core Viewpoint - Renault S.A. has announced a share buyback program from May 9 to May 16, 2025, with a maximum of 1,500,000 shares to be repurchased to fulfill obligations related to performance shares and long-term incentive plans for the Group's CEO and senior managers [1]. Group 1: Share Buyback Details - The share buyback program is conducted under a mandate given to an investment services provider [1]. - The total number of shares targeted for repurchase is 1,500,000 [6]. - The average price of shares repurchased during this period is 48.5531 [6]. Group 2: Daily Transaction Summary - On May 9, 2025, a total of 194,401 shares were purchased at an average price of 47.3934 on XPAR [2]. - On May 12, 2025, 186,600 shares were bought at an average price of 48.6420 on XPAR [2]. - On May 16, 2025, 152,203 shares were acquired at an average price of 49.2119 on XPAR [3]. Group 3: Additional Information - Detailed information regarding the share buyback program can be found on Renault Group's official website under the "Investors / Regulated Information / Share buyback program" section [4].
ASM share buyback update May 12 – 16, 2025
Globenewswire· 2025-05-19 15:45
Group 1 - ASM International N.V. has conducted share repurchases totaling 9,965 shares at an average price of €488.54, amounting to a total repurchased value of €4,868,287 [1][2] - The share buyback program initiated on April 30, 2025, has a total budget of €150 million, with 10.7% 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]
JDE Peet’s share buyback periodic update May 19, 2025
Globenewswire· 2025-05-19 12:00
Group 1 - JDE Peet's has repurchased 21,909 shares from May 12 to May 16, 2025, at an average price of EUR 22.08 per share, totaling EUR 0.5 million [1] - The total number of shares repurchased under the buyback program to date is 3,622,662 ordinary shares for a total consideration of EUR 67.5 million [2] - The share buyback program is part of a larger EUR 250 million initiative announced on March 3, 2025 [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]
28/2025・Trifork Group: Weekly report on share buyback
Globenewswire· 2025-05-19 06:15
Company announcement no. 28 / 2025Schindellegi, Switzerland – 19 May 2025 Trifork Group: Weekly report on share buyback On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. For details, please see company announcement no. ...
Dassault Aviation: Description of share buyback authorization autorized by GM 16 May 2025
Globenewswire· 2025-05-16 15:43
Core Viewpoint - Dassault Aviation has received authorization for a share buyback program aimed at enhancing shareholder value and supporting employee incentives, with a maximum buyback limit of 10% of its share capital [5][9][10]. Group 1: Company Overview - Dassault Aviation is a significant player in the aeronautics industry, capable of designing, producing, and supporting fighter aircraft, business jets, and other aviation instruments [3]. - In 2024, the company reported adjusted net sales of EUR 6.2 billion and an adjusted net income of EUR 1.056 billion [3]. Group 2: Share Buyback Authorization - The share buyback authorization was decided during the Combined General Meeting on May 16, 2025, and replaces the unused portion of the previous year's authorization [5]. - The company currently holds 175,162 of its own shares, representing 0.22% of its total share capital of 78,397,034 shares [7]. - The maximum number of shares that can be repurchased is 7,839,703, which is 10% of the total share capital [10][11]. Group 3: Purposes and Conditions of Buyback - The buyback aims to cancel shares to increase return on equity and earnings per share, allocate shares to employees, and stimulate market activity [9][16]. - The maximum purchase price for the shares is set at EUR 270 per share, with a total potential investment of EUR 2.116 billion based on the maximum number of shares [12][13]. - The buyback authorization is valid for 18 months, expiring on November 16, 2026 [15].
Navigator .(NVGS) - 2025 Q1 - Earnings Call Transcript
2025-05-15 15:02
Financial Data and Key Metrics Changes - The company generated record quarterly revenue of $151 million, up 13% compared to the same period last year [3][12] - Adjusted EBITDA for Q1 was $73 million, consistent with both the same period of 2024 and Q4 [4][12] - Net income attributable to stockholders was $27 million, the highest quarterly net income in the last three years [15] - Basic earnings per share were 39 cents, with adjusted net income of $25.5 million or 37 cents per share [15] Business Line Data and Key Metrics Changes - Income from the joint venture terminal was down significantly, with throughput limited to 86,000 tonnes for the quarter [6][14] - Average time charter equivalent (TCE) rates were $30,476 per day, 8% higher than both the previous quarter and the same period last year [5][12] - Utilization was above 92%, in line with guidance and higher than both Q4 of 2024 and the same period last year [6][12] Market Data and Key Metrics Changes - The U.S. ethylene prices fell from $660 per metric ton to $440 per metric ton, leading to increased throughput volumes in April [40] - The tariff situation fluctuated, with China dropping the ethane tariff from 125% to 1%, which positively impacted market activity [26][27] - The global Handysize vessel supply remains attractive, with 22% of vessels over 20 years old [10][34] Company Strategy and Development Direction - The company is focused on fleet renewal, having acquired three secondhand ethylene-capable vessels and sold older vessels [7][43] - A new share repurchase program of up to $50 million has been authorized to enhance shareholder returns [36][38] - The company aims to maintain strong cash flows and return capital to shareholders while managing debt effectively [45][46] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in demand fundamentals, citing continued growth in U.S. natural gas liquids production and export infrastructure [46] - The company anticipates materially higher terminal throughput in Q2 and a widening ethylene arbitrage [47] - Management acknowledged recent market volatility but remains optimistic about recovery and operational resilience [45][46] Other Important Information - The company reported a strong cash position of $139 million despite various expenditures [15][16] - The refinancing of $300 million was completed successfully, enhancing liquidity and reducing financing costs [17][19] - The company plans to continue investing in energy and fuel-saving initiatives [22] Q&A Session Summary Question: What happened to cargo opportunities during the trade standstill with China? - Management noted that LPG is a deep market, allowing for trades to other regions, and some trades were successfully redirected to the Middle East [51][52] Question: Will the realized rates soften in the second quarter? - Management indicated that increased volumes in the second quarter could lead to a positive impact on rates, despite the previous focus on shorter voyages [54][55] Question: What is the timing for putting debt on the terminal project? - Management stated that while it is on the list, it is not an immediate priority as they focus on repaying more expensive bank debt first [58] Question: How will the new buyback program be deployed? - The company plans to utilize the buyback program in the near term, with parameters in place for execution [62] Question: Has market volatility changed the chartering strategy? - Management confirmed that they are looking to increase their coverage percentage in response to market conditions [64]
Share Buyback Transaction Details May 8 – May 14, 2025
Globenewswire· 2025-05-15 08:00
Core Insights - Wolters Kluwer has repurchased 225,090 ordinary shares for €35.4 million at an average price of €157.13 from May 8 to May 14, 2025, as part of a larger share buyback program announced on February 26, 2025, with a total budget of up to €1 billion for the year [2][3]. Share Buyback Program Details - The cumulative shares repurchased in 2025 to date amount to 2,087,422, with a total consideration of €322.3 million and an average share price of €154.38 [3]. - For the period from May 8, 2025, to July 28, 2025, the company has engaged third parties to execute €350 million of buybacks [3]. Treasury Shares and Capital Reduction - 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 for 2024 and operates in over 40 countries, employing approximately 21,600 people [6]. - The company serves customers in more than 180 countries, providing information solutions, software, and services across various professional sectors [5].
PagBank reports net revenue of R$4.9 billion and recurring net income of R$554 million in 1Q25
Prnewswire· 2025-05-14 13:00
Core Insights - PagBank announced its first dividend payment of approximately R$250 million (USD 0.14 per common share) and plans to distribute dividends annually, corresponding to about 10% of its net income, subject to market conditions and board approval [1][9] Financial Performance - In 1Q25, PagBank reported net revenue of R$4.9 billion, a 13% year-over-year increase, and gross margin of R$1.9 billion, reflecting a 7% rise [2] - Recurring net income for the quarter was R$554 million, a 6% year-over-year increase, with earnings per share (EPS) reaching R$1.72, a 14% increase year-over-year [2][6] - The credit portfolio expanded to R$3.7 billion, marking a 34% increase compared to the same quarter last year and a 6% increase quarter-over-quarter [3] Customer Engagement and Market Position - PagBank has a customer base of over 32 million, with 17.7 million actively engaged in its ecosystem, emphasizing its strategy of providing a comprehensive financial services platform [4] - Total deposits reached R$33.9 billion, a 10.9% year-over-year rise, indicating effective fundraising in a high-interest-rate environment [7] Operational Efficiency - The company maintained a stable delinquency rate over 90 days at 2.3%, significantly lower than the market average of 4.4% [3] - The total payment volume processed reached R$129 billion, growing 16% year-over-year, with cash in reaching R$83 billion, up 26% year-over-year [7] Shareholder Value Initiatives - PagBank executed a second share buyback program totaling over R$353 million, reflecting management's confidence in its growth strategy [8] - The gross margin increased from 38% to 39% quarter-over-quarter, and return on equity (ROE) reached 15% on an annualized basis, a 140 basis points increase year-over-year [6]
SFL - First Quarter 2025 Results
Globenewswire· 2025-05-14 10:04
Core Insights - SFL Corporation Ltd. reported preliminary financial results for Q1 2025, including a net loss of $31.9 million or $0.24 per share, primarily due to impairments on older dry-bulk vessels and the idleness of the drilling rig Hercules [1][6] - The company declared a quarterly cash dividend of $0.27 per share, marking the 85th consecutive quarterly dividend [5][6] - Charter hire revenue for the quarter was $193.5 million, which included $1.5 million from profit share, while adjusted EBITDA was $108.0 million from consolidated subsidiaries and $7.7 million from associated companies [6] Financial Performance - The net loss of $31.9 million was attributed to one-off items, including impairments on older vessels [3][6] - Charter hire revenue was reported at $193.5 million, with an adjusted EBITDA of $115.7 million when including associated companies [6] - The company has been actively repurchasing shares, with a $10 million buyback at an average price of $7.98 per share [6] Fleet Management - SFL continues to renew its fleet by divesting older bulkers and containerships, focusing on assets with a charter backlog to support long-term dividend distribution [4][6] - The company upgraded several vessels during the quarter, enhancing cargo intake and fuel efficiency [3][4] Dividend Information - The declared quarterly cash dividend of $0.27 per share will be paid on or around June 27, 2025, with the record date set for June 12, 2025 [5][6] - This dividend reflects the company's commitment to maintaining a consistent distribution to shareholders [8]