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Description of Ayvens share buyback programme
Globenewswire· 2025-05-20 15:45
Core Points - Ayvens has received authorization for a share buyback program approved at the combined General Shareholders' Meeting on 19 May 2025 [2][4] - As of 15 May 2025, Ayvens holds 626,068 of its own shares, which is 0.08% of its share capital [3] - The maximum purchase price for the shares is set at EUR 28.60, with a total allocation limit of EUR 600 million for the buyback program [7] Breakdown by Objectives - The share buyback program aims to cancel shares, allocate shares to employees, cover employee shareholding plans, engage in market making activities, and support external growth transactions [4] - The company can purchase up to 5% of its share capital, with a maximum of 10% of share capital held after purchases [6][7] Duration and Compliance - The duration of the share buyback program is set for 18 months from the date of the General Meeting [8] - The Board of Directors will ensure compliance with prudential requirements as defined by regulations and the European Central Bank [9] Company Overview - Ayvens is a leading global player in sustainable mobility, providing services such as full-service leasing, fleet management, and multi-mobility solutions [10] - The company operates with over 14,000 employees across 41 countries and manages 3.2 million vehicles, including the world's largest multi-brand EV fleet [11]
AWH ANNOUNCES FIRST QUARTER 2025 FINANCIAL RESULTS
Prnewswire· 2025-05-12 20:00
Core Insights - Ascend Wellness Holdings, Inc. reported Q1 2025 net revenue of $128.0 million, a decrease of 5.9% quarter-over-quarter, with retail revenue down 6.6% and wholesale revenue down 4.4% [1][7][8] - The company generated positive cash from operations of $5.9 million, marking the ninth consecutive quarter of positive operating cash flow [1][11] - The company ended Q1 2025 with $100.0 million in cash and cash equivalents, reflecting a sequential increase of $11.7 million [1][11] Business Highlights - The company is focused on executing a densification strategy aimed at increasing store count by approximately 50% in the medium term, targeting ten new stores in 2025 [6][7] - New product launches and store openings are anticipated in the coming months to enhance consumer experience and expand access [6][7] Financial Highlights - Adjusted EBITDA for Q1 2025 was $27.0 million, representing a margin of 21.1%, a decrease of 10.7% from the previous quarter [7][11] - The net loss for Q1 2025 was $19.3 million, compared to a net loss of $16.8 million in Q4 2024 [7][10] - Total general and administrative expenses decreased to $37.1 million, or 29.0% of revenue, down from $40.8 million, or 30.0% of revenue, in Q4 2024 [10][11] Revenue Breakdown - Total net revenue of $128.0 million included retail revenue of $84.4 million and wholesale revenue of $43.6 million, both showing declines due to competitive pressures and pricing [7][8] - Gross profit for Q1 2025 was $39.6 million, or 30.9% of revenue, down from $46.9 million, or 34.5% of revenue, in Q4 2024 [9][11] Cash Flow and Balance Sheet - Free Cash Flow for Q1 2025 was $1.2 million, calculated as cash from operations minus capital expenditures [5][11] - Net Debt as of March 31, 2025, was $233.0 million, reflecting total debt less cash and cash equivalents [4][11] - The company launched a share buyback program in January 2025, repurchasing 1,571,500 shares by April 30, 2025 [7]
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]
Share buyback programme – week 18
Globenewswire· 2025-05-05 07:18
Core Points - The share buyback program is set to run from January 28, 2025, to May 28, 2025, with a total budget of up to DKK 500 million and a maximum of 800,000 shares to be repurchased [1] - The program is compliant with EU regulations, specifically EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2] - As of the latest report, a total of 330,100 shares have been repurchased under the program, with an average purchase price of DKK 1,176.49, totaling DKK 388,358,993 [2] - The bank currently holds 1,645,142 shares under the buyback programs, representing 6.16% of the company's share capital [2] Transaction Details - The transactions conducted under the buyback program include specific dates, number of shares, average purchase prices, and total amounts spent [2][3] - Notable transactions include: - April 28, 2025: 4,000 shares at an average price of DKK 1,201.71, totaling DKK 4,806,840 - April 29, 2025: 4,000 shares at an average price of DKK 1,202.93, totaling DKK 4,811,720 - April 30, 2025: 4,000 shares at an average price of DKK 1,251.95, totaling DKK 5,007,800 [2] - The detailed transaction records include various volumes and prices across multiple trading venues, indicating active participation in the buyback program [3][4][5][6][7][8][9][10]
New share buyback programme
Globenewswire· 2025-04-30 05:25
Core Viewpoint - The bank's board has decided to initiate a new share buyback program amounting to DKK 1,000 million following the assessment of its overall capitalization in connection with the first quarter financial statements for 2025 [1]. Group 1 - The new share buyback program will commence after the completion of the current program, which is expected to conclude at the end of May 2025 [1]. - The decision aligns with the bank's distribution policy and has received approval from the Danish Financial Supervisory Authority (FSA) [2].
ASM announces start of €150 million share buyback program
Globenewswire· 2025-04-29 16:06
Almere, The NetherlandsApril 29, 2025, 6:00 p.m. CET ASM International N.V. (Euronext Amsterdam: ASM) today announces that it will start a share buyback program of ASM’s common shares of €150 million. This program follows on ASM's announcement on February 25, 2025, that the Management Board authorized a share buyback program for up to €150 million. The program commences on April 30, 2025, and is to end as soon as the aggregate purchase price of the common shares acquired by ASM has reached €150 million, bu ...
Sydbank share buyback programme: transactions in week 17
Globenewswire· 2025-04-28 07:57
Group 1 - Sydbank has initiated a share buyback programme amounting to DKK 1,350 million, which started 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, adhering to the Safe Harbour rules as per EU regulations [2] - In week 17, Sydbank repurchased a total of 64,000 shares, with a gross value of DKK 26,353,790 [2] - The total number of shares repurchased under the programme to date is 627,000, with an accumulated gross value of DKK 260,162,910 [2][3] Group 2 - Following the transactions, Sydbank now holds a total of 4,011,289 own shares, representing 7.34% of the bank's share capital [3]
Share buyback programme – week 17
Globenewswire· 2025-04-28 07:09
Core Points - The share buyback program is set to run from January 28, 2025, to May 28, 2025, with a total buyback amount of up to DKK 500 million, limited to a maximum of 800,000 shares [1] - The program complies with EU regulations, specifically EU Commission Regulation No. 596/2014 and EU Commission Delegated Regulation No. 2016/1052, which provide a "Safe Harbour" for such transactions [2] - As of the latest report, a total of 312,100 shares have been repurchased at an average price of DKK 1,172.93, totaling DKK 366,071,203 [2] - The bank currently holds 1,627,142 shares under the buyback program, representing 6.09% of its share capital [2] Transaction Details - The transactions conducted on specific dates include: - April 22, 2025: 5,000 shares at DKK 1,144.11, totaling DKK 5,720,550 - April 23, 2025: 4,500 shares at DKK 1,174.42, totaling DKK 5,284,890 - April 24, 2025: 4,500 shares at DKK 1,171.68, totaling DKK 5,272,560 - April 25, 2025: 4,000 shares at DKK 1,189.02, totaling DKK 4,756,080 [2] Compliance and Reporting - The transactions related to the share buyback program are reported in detail in accordance with the relevant regulations, ensuring transparency and compliance with EU laws [2][3]
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]