share repurchase program

Search documents
Nexxen Announces May 2025 Share Repurchase Program Summary
Globenewswire· 2025-06-02 11:30
Company Overview - Nexxen International Ltd. is a global advertising technology platform specializing in data and advanced TV, offering a flexible and unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3][4] - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is traded on Nasdaq under the ticker NEXN [4] Share Repurchase Program - In May 2025, Nexxen repurchased 1,260,000 Ordinary Shares at an average price of $11.30 [1] - As of May 31, 2025, the company had 59,483,096 Ordinary Shares outstanding and approximately $24.8 million remaining under its current share repurchase program authorization [2]
Share repurchase programme: Transactions of week 22 2025
Globenewswire· 2025-06-02 07:01
Group 1 - The share repurchase programme of Jyske Bank is set to run from 26 February 2025 to 30 January 2026, with a total value of up to DKK 2.25 billion [1] - As of the latest announcement, Jyske Bank has accumulated a total of 974,459 shares under the programme, with an average purchase price of DKK 536.50, amounting to a total value of DKK 522,798,345 [2] - Following the recent transactions, Jyske Bank will own a total of 3,739,577 treasury shares, which represents 5.82% of the share capital [2]
Canaan Inc. Announces Up to US$30 Million Share Repurchase Program
Prnewswire· 2025-05-27 10:00
SINGAPORE, May 27, 2025 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), an innovator in crypto mining, today announced that its board of directors (the "Board") has authorized a share repurchase program under which the Company may repurchase up to US$30 million worth of its outstanding (i) American depositary shares ("ADSs"), each representing 15 Class A ordinary shares, and/or (ii) Class A ordinary shares, over the next six months starting from May 27, 2025.Nangeng Zhang, chairman an ...
Description of the Share Repurchase Program Covered by the Liquidity Agreement with Kepler Chevreux
Globenewswire· 2025-05-22 12:00
Core Viewpoint - The company Inventiva has approved a share repurchase program aimed at enhancing market liquidity, with a maximum purchase limit of 10% of its capital over the next 18 months [1][4]. Group 1: Share Repurchase Program - The share repurchase program was approved during the Ordinary General Meeting on May 22, 2025, with the primary objective of animating the market under a liquidity agreement [1][2]. - The maximum number of shares that can be acquired is 13,869,673, considering the 45,454 shares already held in treasury as of May 19, 2025 [4]. - The maximum price per share for the repurchase is set at 40 euros [4]. Group 2: Company Overview - Inventiva is a clinical-stage biopharmaceutical company focused on developing oral small molecule therapies for MASH and other diseases with significant unmet medical needs [2]. - The company is currently evaluating lanifibranor, a novel pan-PPAR agonist, in the pivotal Phase 3 clinical trial for treating adult patients with MASH [2]. Group 3: Market Information - Inventiva is publicly listed on Euronext Paris (ticker: IVA) and the Nasdaq Global Market in the United States [3]. - The company has a total of 13,915,127 shares in its capital structure as of May 19, 2025 [4].
Atour Lifestyle Holdings Limited Announces Dividend and Share Repurchase Program
Globenewswire· 2025-05-22 10:00
Core Viewpoint - Atour Lifestyle Holdings Limited has declared a cash dividend and authorized a share repurchase program as part of its strategy to enhance shareholder value [1]. Dividend - The Board declared a cash dividend of US$0.14 per ordinary share, or US$0.42 per American depositary share (ADS), amounting to approximately US$58 million in total [2]. - The cash dividend will be payable on or around June 18, 2025, to holders of record as of June 2, 2025 [3]. - The Annual Dividend Policy, adopted in August 2024, stipulates that the company plans to distribute dividends amounting to no less than 50% of its net income for the preceding financial year over three years starting from 2024 [4]. Share Repurchase Program - The Board authorized a three-year Share Repurchase Program allowing the company to repurchase up to US$400 million in value of its ordinary shares and/or ADSs [5]. - Repurchases may occur on the open market, in privately negotiated transactions, or through other legally permissible means, subject to market conditions and regulatory requirements [6]. - As of March 31, 2025, the company had approximately RMB3.1 billion (US$434 million) in cash, cash equivalents, and restricted cash available for funding the repurchases [7].
Seaboard Corporation Announces a $100 million Share Repurchase Program
Prnewswire· 2025-05-21 21:58
Core Viewpoint - Seaboard Corporation has announced a share repurchase program authorizing the repurchase of up to $100 million of its outstanding shares through December 31, 2027, which can be modified or terminated at the company's discretion [1][2]. Company Overview - Seaboard Corporation is a diversified international agribusiness, energy, and transportation company, primarily engaged in domestic pork processing, biofuel production, and cargo shipping. It also operates in commodity merchandising, flour and feed milling, produce farming, electric power generation, and sugar and alcohol production overseas [4]. Share Repurchase Program Details - The share repurchase program allows the company to repurchase shares through various means, including open-market purchases, block trades, and privately negotiated purchases, in compliance with federal securities laws [1]. - The program does not obligate the company to acquire a minimum amount of shares and can be modified, suspended, or terminated at any time [2]. - Repurchased shares will be retired and will resume the status of authorized and unissued shares [2]. Reporting and Compliance - Information regarding share repurchases will be disclosed in the company's periodic reports on Form 10-Q and Form 10-K filed with the SEC as required by applicable rules [2].
Share repurchase programme: Transactions of week 20 2025
Globenewswire· 2025-05-19 06:10
Core Viewpoint - Jyske Bank has initiated a share repurchase program with a total value of up to DKK 2.25 billion, running from February 26, 2025, to January 30, 2026, in compliance with EU regulations [1]. Group 1 - The share repurchase program is structured under the EU Commission Regulation No. 596/2014 and the Commission Delegated Regulation (EU) 2016/1052, collectively known as the "Safe Harbour Rules" [1]. - As of the latest announcement, Jyske Bank has repurchased a total of 908,530 shares at an average price of DKK 530.54, with a total transaction value of DKK 482,008,182 [2]. - Following the recent transactions, Jyske Bank now holds a total of 3,673,648 treasury shares, representing 5.72% of its share capital [2]. Group 2 - The share repurchase program includes specific transaction details, such as the number of shares purchased, average purchase prices, and transaction values for each date [2]. - The program aims to enhance shareholder value and is part of the bank's broader capital management strategy [1][2].
Western Digital Approves $2B Share Buyback to Boost Stockholder Value
ZACKS· 2025-05-16 14:40
Core Viewpoint - Western Digital Corporation (WDC) has announced a $2 billion share repurchase program aimed at enhancing shareholder value and reflecting its strategic capital allocation framework [1][2]. Group 1: Share Repurchase Program - The $2 billion share repurchase program is designed to maximize long-term investor returns and bolster shareholder confidence in the company's financial health [1]. - The company plans to execute the repurchase through various methods, including open market transactions and private deals, under a Rule 10b5-1 trading plan [1]. - The timing and volume of repurchases will depend on market conditions and company considerations, with the right to modify or discontinue the program at any time [3]. Group 2: Capital Allocation Strategy - Western Digital emphasizes a balanced capital allocation strategy that includes growth reinvestment, debt reduction, and substantial shareholder returns through buybacks [2]. - The initiation of the repurchase program follows the introduction of a quarterly cash dividend program, indicating a proactive approach to delivering value [2]. Group 3: Financial Performance - In the third quarter of fiscal 2025, Western Digital generated $508 million in cash from operations, a significant increase from $58 million in the prior-year quarter [6]. - Free cash flow reached $436 million, reflecting a 379% year-over-year increase [6]. - As of March 28, 2025, the company had cash and cash equivalents of $3.477 billion, up from $2.291 billion as of December 27, 2024 [6]. Group 4: Stock Performance - Western Digital currently holds a Zacks Rank of 5 (Strong Sell), with shares declining by 31% over the past year, slightly better than the industry decline of 31.5% [7].
Yatsen Announces First Quarter 2025 Financial Results and Provides Updates on Share Repurchase Program
Prnewswire· 2025-05-16 09:00
Core Viewpoint - Yatsen Holding Limited reported a 7.8% year-over-year increase in total net revenues for Q1 2025, driven by significant growth in skincare brands despite a challenging beauty market [3][4][6]. Financial Performance - Total net revenues for Q1 2025 reached RMB 833.5 million (US$ 114.9 million), up from RMB 773.4 million in the same period last year [4][6]. - Skincare brands contributed RMB 362.4 million (US$ 49.9 million) in net revenues, marking a 47.7% increase year-over-year [6]. - Gross profit increased by 9.7% to RMB 659.1 million (US$ 90.8 million), with gross margin rising to 79.1% from 77.7% [4][6]. Operating Expenses - Total operating expenses decreased by 8.6% to RMB 693.2 million (US$ 95.5 million) compared to the prior year [5][7]. - Selling and marketing expenses were RMB 553.8 million (US$ 76.3 million), with a decrease in percentage of total net revenues to 66.4% from 69.7% [7]. - General and administrative expenses dropped to RMB 64.9 million (US$ 8.9 million), representing 7.8% of total net revenues, down from 18.1% [7][8]. Loss and Income Metrics - The company recorded a net loss of RMB 5.6 million (US$ 0.8 million), significantly reduced from RMB 124.9 million a year ago [6][11]. - Non-GAAP net income for Q1 2025 was RMB 7.1 million (US$ 1.0 million), compared to a non-GAAP net loss of RMB 83.8 million in the previous year [12][36]. Cash Flow and Balance Sheet - As of March 31, 2025, Yatsen had cash and short-term investments totaling RMB 1.28 billion (US$ 176.4 million) [13]. - Net cash generated from operating activities was RMB 23.8 million (US$ 3.3 million), a turnaround from net cash used in operating activities of RMB 121.8 million in the prior year [13]. Business Outlook - For Q2 2025, Yatsen expects total net revenues to be between RMB 810.4 million and RMB 889.9 million, indicating a year-over-year increase of approximately 2% to 12% [14]. Share Repurchase Program - The company has initiated a new share repurchase program allowing for the repurchase of up to US$ 30.0 million worth of ordinary shares over the next 24 months [15][16].
Share repurchase programme: Transactions of week 19 2025
Globenewswire· 2025-05-12 06:35
The share repurchase programme runs as from 26 February 2025 and up to and including 30 January 2026 at the latest. In this period, Jyske Bank will acquire shares with a value of up to DKK 2.25 billion, cf. Corporate Announcement No. 3/2025 of 26 February 2025. The share repurchase programme is initiated and structured in compliance with the EU Commission Regulation No. 596/2014 of 16 April 2014, the so-called “Market Abuse Regulation”, and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 ...