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JDE Peet’s share buyback periodic update August 4, 2025
Globenewswire· 2025-08-04 12:00
Group 1 - JDE Peet's announced the repurchase of 102,859 shares from July 28, 2025, to August 1, 2025, at an average price of EUR 24.10 per share, totaling EUR 2.5 million [1] - The total number of shares repurchased under the buyback program to date is 4,831,794 ordinary shares for a total consideration of EUR 96.6 million [2] - The share buyback program was initially announced on March 3, 2025, with a total budget of EUR 250 million [1][2] Group 2 - JDE Peet's is recognized as the world's leading pure-play coffee company, serving approximately 4,400 cups of coffee per second across more than 100 markets [3] - The company generated total sales of EUR 8.8 billion in 2024 and employs over 21,000 people globally [3] - JDE Peet's portfolio includes iconic brands such as Peet's, L'OR, Jacobs, Douwe Egberts, Kenco, Pilao, OldTown, Super, and Moccona [3]
Repurchase of Truecaller B shares in week 31, 2025
Prnewswire· 2025-08-04 07:04
STOCKHOLM, Aug. 4, 2025 /PRNewswire/ -- During 28 July 2025 and 1 August 2025 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 175,000 own B shares (ISIN: SE0016787071), corresponding to 0.05% of outstanding capital, as part of the share buyback programme initiated by the board of directors. Since the start of the program Truecaller has bought back 575,000 shares, corresponding to 0.16% of outstanding capital. The share buybacks form part of the share buyback programme announced ...
Federated Hermes (FHI) Q2 EPS Jumps 480%
The Motley Fool· 2025-08-02 11:02
Core Insights - Federated Hermes reported Q2 2025 earnings with GAAP EPS of $1.16, exceeding analyst expectations of $1.03 and significantly up from $0.20 in the prior year [1][2] - Total revenue for the quarter was $424.8 million, slightly above the estimate of $422.81 million and an increase from $402.6 million year-over-year [1][2] - The firm achieved record-high assets under management (AUM) of $845.7 billion as of June 30, 2025, marking an 8% increase from $782.7 billion in the previous year [1][2][5] Financial Performance - Net income for Q2 2025 reached $91.0 million, a 333.3% increase from $21.0 million in Q2 2024 [2][8] - Operating expenses decreased by 15% year-over-year, primarily due to the absence of a non-cash impairment charge from the previous year [7] - Nonoperating income rose from $1.9 million to $13.7 million, contributing positively to overall financial performance [7] Business Overview - Federated Hermes is an investment management firm with a diverse range of products, including money market funds, equity funds, fixed-income products, and alternative strategies [3] - The firm generates revenue mainly through fees based on AUM, with a strong emphasis on money market products [3] Strategic Focus - The company is focused on growing AUM, complying with regulations, and leveraging its distribution network [4] - Key success factors include investment performance, regulatory discipline, and innovation in product offerings [4] Segment Performance - Equity AUM increased by 14% to $89.0 billion, driven by strong demand for MDT strategies, which saw AUM rise to $23.2 billion [5][6] - Fixed-income AUM grew 4% year-over-year to $98.7 billion, despite a slight sequential decline [6] - Money market assets reached $634.4 billion, an 8% increase year-over-year, while alternative and private market AUM rose 3% to $20.7 billion [6][11] Product Development and Market Trends - The firm is investing in new product development, including blockchain for money market fund tokenization and expanding ETFs and collective investment trusts [12] - MDT strategies and alternatives are showing strong momentum, with net sales of over $2.5 billion in the previous quarter [10] Capital Return - The regular quarterly dividend was set at $0.34 per share, with ongoing share buybacks authorized for up to 5 million additional shares [9][13] Outlook - Management anticipates continued demand for MDT strategies and alternatives, with a positive pipeline for new mandates in equity and direct lending products [14]
PCS Edventures! Provides Share Buyback Update
Globenewswire· 2025-08-01 19:01
Core Points - PCS Edventures!, Inc. has repurchased 3,736,170 outstanding shares from July 7, 2025, to July 28, 2025, as part of a share buyback program [1][2] - The average repurchase price was $0.0991, totaling $370,430.26 for this period [2] - To date, a total of 4,132,979 shares have been repurchased under the program, with a total expenditure of $425,234.71 [3] Financial Details - The share buyback program was initially announced on April 10, 2025, with a total of 10 million shares authorized for repurchase [2] - The repurchased shares include private transactions of 284,959 shares at $0.14 and 11,850 shares at $0.11 [3] - A detailed breakdown of the repurchased shares includes various transactions with average prices ranging from $0.089 to $0.14 [4] Company Overview - PCS Edventures!, Inc. is based in Meridian, Idaho, and focuses on providing technology-rich educational products and services for the TK-12 market [5] - The company's programs emphasize experiential learning in STEM fields, aiming to develop 21st-century skills [5]
HF Sinclair(DINO) - 2025 Q2 - Earnings Call Transcript
2025-07-31 14:32
Financial Data and Key Metrics Changes - The company reported a second quarter net income attributable to shareholders of $208 million or $1.1 per diluted share, with adjusted net income of $322 million or $1.7 per diluted share compared to $150 million or $0.78 per diluted share in the same period of 2024 [15][16] - Adjusted EBITDA for the second quarter was $665 million compared to $406 million in 2024 [16] - The company returned $145 million in cash to shareholders, consisting of $50 million in share repurchases and $95 million in regular dividends [13] Business Line Data and Key Metrics Changes - In the refining segment, adjusted EBITDA was $476 million compared to $187 million in 2024, driven by higher adjusted refinery gross margins [16] - The Renewables segment reported adjusted EBITDA of negative $2 million, impacted by lower sales volumes and margins, with total sales volumes of 55 million gallons compared to 64 million gallons in 2024 [17][18] - The Marketing segment delivered $25 million in EBITDA, up from $15 million in 2024, driven by higher margins [18] - The Lubricants and Specialties segment reported EBITDA of $55 million, down from $97 million in 2024, primarily due to lower base oil margins and sales volumes [19] - The Midstream segment reported adjusted EBITDA of $112 million, slightly up from $110 million in the same period last year [19] Market Data and Key Metrics Changes - The company achieved an operating expense per throughput barrel of $7.32, nearing its goal of $7.25 per barrel [10] - The refining throughput averaged 616,000 barrels per day for the second quarter, down from 635,000 barrels per day in 2024 due to turnaround activities [16] Company Strategy and Development Direction - The company is focused on improving reliability, optimization, and integration, with a commitment to return excess cash to shareholders [8][14] - The company plans to continue executing its strategy with one remaining turnaround scheduled at the Puget Sound refinery [10] - The company is optimistic about refining margins, particularly in distillates, and believes its overall strategy is delivering organic growth [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the fundamentals of each business, including refining, and noted improvements in reliability and operational performance [104][105] - The company anticipates continued strength in refining margins and is positioned well to take advantage of market opportunities [13][40] Other Important Information - The company has approximately $750 million remaining on its share repurchase authorization and has reduced its share count by over 58 million shares since the Sinclair acquisition [13] - The Board of Directors declared a regular quarterly dividend of $0.50 per share, payable on September 4, 2025 [13] Q&A Session Summary Question: Understanding strong performance in refining and capture rates - Management highlighted improvements in crude performance and flexibility in crude slate, contributing to strong capture rates despite market headwinds [24][26] Question: Balancing shareholder returns and bolt-on opportunities - Management reiterated commitment to shareholder returns while also pursuing organic growth opportunities, indicating a balance can be achieved [30][31] Question: Renewable diesel credits and market structure - Management confirmed recognition of producers' tax credits and expressed optimism about future market structure improvements for renewable diesel [35][40] Question: Operational performance and turnaround improvements - Management noted significant improvements in turnaround performance and reliability, indicating a successful operational excellence journey [42][45] Question: M&A perspective and market opportunities - Management stated a focus on bolt-on opportunities in marketing and lubricants, while being cautious about the current M&A landscape [72][74] Question: Renewable diesel sustainable EBITDA and SREs - Management expressed confidence in renewable diesel positioning and acknowledged potential impacts of SREs on RIN prices, indicating ongoing monitoring of the situation [96][100]
Shell Maintains $3.5 Billion Share Buyback Despite Dip In Profits
Forbes· 2025-07-31 12:40
With energy prices dipping over the course of the second quarter, the FTSE 100 company said on Thursday that its adjusted earnings, or net profit, fell 32% to $4.3 billion over the three months to June 30. Shell reported adjusted earnings of $6.29 billion over the same period last year and $5.58 billion in the first three months of 2025. Over the course of the second quarter, global proxy benchmark Brent crude averaged around $67 a barrel during versus $75 a barrel in the first quarter, and above $80 in the ...
Exosens launches a share buyback programme
Globenewswire· 2025-07-31 06:30
Group 1 - The company Exosens has launched a share buyback program to repurchase a maximum of 240,000 shares, which will take place from 31 July 2025 to 31 October 2025 [2][3] - The shares repurchased will be used to cover performance share plans for employees [2] - The buyback program is authorized by the General Meeting of Shareholders held on 23 May 2025, under the 10th resolution, and the purchase price will not exceed the maximum price authorized by shareholders [3] Group 2 - Exosens is a high-tech company with over 85 years of experience in the innovation, development, manufacturing, and sale of high-end electro-optical technologies [5] - The company offers detection components and solutions, including travelling wave tubes, advanced cameras, neutron and gamma detectors, instrument detectors, and light intensifier tubes [5] - Exosens is recognized as a major innovator in optoelectronics, with production and R&D across 11 sites in Europe and North America, employing over 1,900 employees [5]
Shell plc publishes second quarter 2025 press release
GlobeNewswire News Room· 2025-07-31 06:01
Core Insights - Shell demonstrated strong operational performance and robust cash flows despite a challenging macroeconomic environment, achieving significant milestones in its deep-water portfolio and LNG operations [1][2][6] Financial Performance - Adjusted Earnings for Q2 2025 were $4.3 billion, with a Cash Flow from Operations (CFFO) of $11.9 billion, enabling a $3.5 billion share buyback program [6][8] - Structural cost reductions amounted to $3.9 billion since 2022, with $0.8 billion achieved in the first half of 2025 [2][6] - The company maintained a strong balance sheet with a gearing ratio of 19% and net debt of $14.3 billion [6][7] Segment Performance Integrated Gas - Adjusted Earnings were $1.7 billion with CFFO of $3.6 billion; LNG sales volumes increased to 17.8 million tonnes in Q2 2025 [3][9] - Realized gas prices decreased to $7.2 per thousand scf, while production slightly declined to 913 kboe/d [9] Upstream - Adjusted Earnings were $1.7 billion, with total production at 1,732 kboe/d; realized liquids prices fell to $64 per barrel [10] - Gas production decreased significantly to 2,310 million scf/d [10] Marketing - Adjusted Earnings rose to $1.2 billion, driven by improved margins in the Mobility unit and higher sales volumes [11] Chemicals & Products - Adjusted Earnings were $0.1 billion, impacted by lower trading results and unplanned downtime; refinery utilization improved to 94% [12][13] Renewables & Energy Solutions - Adjusted Earnings remained stable, with external power sales at 70 TWh and renewables power generation capacity increasing to 7.6 GW [14] Strategic Developments - The first cargo from LNG Canada was shipped, enhancing Shell's LNG position and supporting a growth target of 4-5% CAGR in LNG sales to 2030 [6][8] - The company continued to enhance its deep-water portfolio with new projects in Brazil and Nigeria [6][8]
Shell plc publishes second quarter 2025 press release
Globenewswire· 2025-07-31 06:01
Core Insights - Shell generated robust cash flows reflecting strong operational performance despite a less favorable macro environment [1][2] - The company achieved significant structural cost reductions totaling $3.9 billion since 2022, enabling a $3.5 billion share buyback program for the next three months [2][6] Financial Performance - Q2 2025 Adjusted Earnings were $4.3 billion, with a Cash Flow from Operations (CFFO) of $11.9 billion [3][6] - The company reported a net debt of $14.3 billion, with a gearing ratio of 19% [6][7] - Total shareholder distributions over the last four quarters accounted for 46% of CFFO [6] Segment Performance Integrated Gas - Adjusted Earnings for Integrated Gas were $1.737 billion, with CFFO of $3.629 billion in Q2 2025 [3] - LNG sales volumes increased to 17.8 million tonnes in Q2 2025 [9] Upstream - Adjusted Earnings for Upstream were $1.732 billion, with total production of 1,732 kboe/d in Q2 2025 [10] - Realized liquids price decreased to $64 per barrel in Q2 2025 [10] Marketing - Adjusted Earnings for Marketing increased to $1.199 billion, driven by improved Mobility unit margins [11] - Marketing sales volumes rose to 2,813 kb/d in Q2 2025 [11] Chemicals & Products - Adjusted Earnings for Chemicals were $(0.2) billion, while Products reported $0.3 billion [4][13] - Refinery processing intake decreased to 1,156 kb/d in Q2 2025 [13] Renewables & Energy Solutions - Renewables power generation capacity increased to 7.6 GW, with 3.9 GW in operation [14][16] - Adjusted Earnings remained stable compared to Q1 2025, despite seasonally lower trading margins [16] Strategic Developments - The first cargo was shipped from LNG Canada, enhancing Shell's LNG position [6] - The company continued to enhance its deep-water portfolio with the start-up of Mero-4 in Brazil and increased interests in Gato do Mato and Bonga [6]
Michelin: Implementation of a partial share buyback management agreement
Globenewswire· 2025-07-30 15:45
Core Viewpoint - COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN has initiated a share buyback program, authorized by the Shareholders Meeting on May 16, 2025, with the assistance of an Investment Services Provider [1][2]. Group 1 - The share buyback program will involve the purchase of shares worth a maximum of €265,000,000 between August 01, 2025, and November 28, 2025 [2]. - The average purchase price will be determined objectively by the market during the agreement period, with a guaranteed discount applied [2]. - All shares repurchased under this agreement will be cancelled [3].