Royal Vopak completes share buyback program 202529 July 2025, Rotterdam, the Netherlands Today, Vopak announces the completion of its share buyback program to return EUR 100 million to shareholders as announced on 19 February 2025.In the period from 19 February 2025 up to and including 28 July 2025, a total of 2,551,949 ordinary shares, 2.17% of the company’s outstanding shares, were repurchased, at an average price of EUR 39.19 per share. After cancellation the total number of issued outstanding shares wil ...

Core Viewpoint - BP plc has announced its exit from the Australian Renewable Energy Hub (AREH), one of the largest planned green hydrogen projects globally, relinquishing its role as both operator and equity holder, where it held a 63.57% stake [1][9]. Group 1: Strategic Shift - The decision reflects BP's broader strategic pivot back to its core oil and gas operations, moving away from its initial low-carbon ambitions associated with the AREH project, which was estimated to cost around $36 billion and aimed to develop up to 26 gigawatts of solar and wind capacity to generate 1.6 million metric tons of green hydrogen annually [2][3]. - BP's withdrawal from the AREH initiative comes after underwhelming stock performance and increasing investor pressure, leading the company to reduce its planned spending on renewables and redirect funds towards traditional oil and gas ventures [3][6]. Group 2: Implications for AREH and Hydrogen Sector - BP's exit raises significant questions about the future of the AREH project, which was intended to be a flagship development in global green hydrogen production, necessitating remaining partners to reassess the project's financial and operational framework without BP's substantial capital and leadership [5][9]. - This move indicates a more cautious approach from BP towards unproven renewable projects, particularly in the green hydrogen sector, while reinforcing its commitment to oil and gas operations in the near term [6].

Group 1 - The Global X Lithium & Battery Tech ETF (LIT) has reached a 52-week high, increasing by 56.2% from its 52-week low of $31.44 per share [1] - LIT tracks the Solactive Global Lithium Index, which includes major companies involved in lithium exploration, mining, and battery production [1] - The ETF has an annual fee of 75 basis points [1] Group 2 - There is an increasing global competition to secure critical minerals, particularly lithium, which is essential for electric vehicles, batteries, renewable energy systems, and modern electronics [2] - Lithium is identified as a critical mineral resource vital for the energy transition and advanced technologies [2] Group 3 - LIT is expected to maintain strong performance in the near term, indicated by a positive weighted alpha of 18.43, suggesting potential for further gains [3]

Indian Energy Exchange (IEX) Q1 2026 Earnings Call July 25, 2025 05:00 AM ET Speaker0Ladies and gentlemen, good day, and welcome to Indian Energy Exchange Q1 FY twenty six earnings conference call hosted by Axis Capital Limited. As a reminder, all participant lines will be in listen only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing then 0 on your touch tone phone ...

First-half 2025 consolidated revenue: €326.4m (up 8.3%) Organic growth: 4.7% vs H1 2024, led by International businessFull-year 2025 targets: organic consolidated revenue growth of around 5% and a stable EBITA margin Paris La Défense, Thursday 24 July 2025, 5.35 p.m. (CEST) – The Board of Directors of Assystem S.A. (ISIN: FR0000074148 - ASY), an international engineering group, is today announcing its consolidated revenue for the six months ended 30 June 2025 (first-half 2025). First-half 2025 consolidated ...

Photo by ANDREJ ISAKOVIC/AFP via Getty ImagesAFP via Getty ImagesOver the past year, Rio Tinto (NYSE: RIO) shares have mostly remained stagnant, appreciating just 1% over this period. In contrast, the S&P 500 index has risen by 14% during the same timeframe. Let’s face it—seeing a substantial rise in a mammoth like Rio is a tough ask. We’re discussing a global mining giant valued at over $100 billion, already a key player in iron ore, copper, and aluminum. But… what if a significant event occurred that coul ...

PRESS RELEASEJuly 23, 2025 RENAULT GROUP BRANDS STAY THE COURSE IN A CHALLENGING ENVIRONMENT Renault Group recorded an increase in its overall sales in the first half of 2025 (+1.3% vs 2024), reaching 1,169,773 vehicles sold.Internationally1, the Renault brand grew by 16.3% with the commercial success of the first models of the International Game Plan.In Europe2, in a passenger car (PC) market down by 1.0%, the Group grew by 5.4% and reached 708,106 registered vehicles. Sandero and Clio are the two top-sell ...

Valmont Industries (VMI) Q2 2025 Earnings Call July 22, 2025 09:00 AM ET Company ParticipantsRenee Campbell - SVP - IR & TreasurerAvner Applbaum - CEO & PresidentThomas Liguori - EVP & CFOJean Veliz - Senior Research Associate - Infrastructure Services & ProductsJonathan Braatz - PartnerBrian Drab - Co-Group Head - IndustrialsConference Call ParticipantsAdam Farley - Associate AnalystChris Moore - Senior Research AnalystOperatorGreetings. Welcome to Valmont Industries Incorporated Second Quarter twenty twen ...

Financial Performance - Net sales increased by 1% to $1.05 billion[9, 23] - GAAP operating margin was 2.8%[9] - Adjusted operating margin decreased by 70 BPS to 13.5%[9] - Operating cash flows increased by 28.1% to $167.6 million[9] - Adjusted diluted EPS decreased by 0.6% to $4.88[23] Strategic Initiatives and Outlook - The company completed organizational realignment work, expecting $22 million in annualized savings in 2026, with $8 million in 2H 2025[8, 16] - The company is investing $100 million of growth capex in 2025 to add capabilities and capacity[11] - The company repurchased $100 million of shares in Q2 at an average price of $279.35 per share[38] - Full-year 2025 adjusted diluted EPS outlook is raised from $17.20-$18.80 to $17.50-$19.50[41] Segment Results - Infrastructure sales increased by 0.4% to $765.5 million, while adjusted operating income decreased by 6.7% to $124.6 million[28] - Agriculture sales increased by 2.7% to $289.4 million, and adjusted operating income increased by 12.2% to $44.8 million[33]

Core Insights - Vistra Corp. is strategically positioned for long-term growth through a robust capital allocation plan focused on renewable energy and energy storage investments [1][5] Group 1: Capital Expenditure Plans - Vistra plans to increase its capital expenditures to $2.27 billion in 2025, up from $1.85 billion in 2024 and $1.61 billion in 2023, with a focus on solar, battery storage, and modernized gas-fired facilities [2][9] - The steady capital expenditure reflects management's long-term vision to build a sustainable business model and improve margins, aligning with state and federal policy incentives for tax credits and subsidies [3][4] Group 2: Operational Efficiency and Financial Performance - The capital investments are expected to enhance Vistra's capacity and operational efficiency, thereby strengthening future cash flows and creating new revenue streams [4] - Vistra's return on equity (ROE) stands at 87.33%, significantly higher than the industry average of 10.41%, indicating strong capital efficiency [9] Group 3: Market Position and Competitor Insights - Vistra's shares have increased by 57.8% over the past three months, contrasting with a 1% decline in the Zacks Utility-Electric Power industry [8] - Other utilities, such as NextEra Energy and Duke Energy, are also making substantial investments in renewable energy and infrastructure, with plans to invest $72.6 billion and over $83 billion, respectively, through 2029 [6][7]