Share buyback
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Elis: Disclosure of trading in own shares occured from April 7 to April 9, 2025
Globenewswire· 2025-04-14 06:00
Disclosure of trading in own shares occurred from April 7 to April 9, 2025 Saint-Cloud, April 14, 2025 In accordance with the regulations on share buybacks, in particular Regulation (EU) 2016/1052, Elis hereby declares the purchases of its own shares made from April 7, 2025 to April 9, 2025 under the buyback program authorized by the 19th resolution of the General Shareholders' Meeting of May 23, 2024 and announced on March 6, 2025: Aggregated presentation: Issuer name Issuer code(LEI) Transaction date ...
EssilorLuxottica: Disclosure of transactions in own shares
Globenewswire· 2025-04-08 16:15
Disclosure of transactions in own shares Paris, France (April 8, 2025 - 6:15 pm) – In accordance with the authorization granted by the Annual Shareholders’ Meeting on April 30, 2024, EssilorLuxottica declares that from April 3, 2025, to April 7, 2025, inclusive, the following share buybacks were carried out: Name of the issuerIdentity code of the IssuerDay of the transactionIdentity code of the financialinstrumentTotal daily volume (innumber of shares)Daily weighted averagepurchase price of the shares (€) ...
16/2025・Trifork Group: Weekly report on share buyback
Globenewswire· 2025-03-31 05:00
| Date | Number of shares | Average purchase price (DKK) | Transaction value (DKK) | | --- | --- | --- | --- | | Total beginning | 29,388 | 84.04 | 2,469,874 | | 24 March 2025 | 1,900 | 93.98 | 178,562 | | 25 March 2025 | 1,900 | 92.99 | 176,681 | | 26 March 2025 | 2,000 | 92.20 | 184,400 | | 27 March 2025 | 2,200 | 90.24 | 198,528 | | 28 March 2025 | 2,480 | 88.11 | 218,513 | | Accumulated | 39,868 | 85.95 | 3,426,558 | Company announcement no. 16 / 2025 Schindellegi, Switzerland – 31 March 2025 Trifork Gr ...
Transactions in Connection With Share Buyback Programme
Globenewswire· 2025-03-24 11:11
Core Points - Pandora announced a new share buyback programme with a maximum amount of DKK 4.0 billion, running from 6 February 2025 to 30 January 2026 [1][2] - The first tranche of the buyback programme is up to DKK 1.3 billion, starting on 6 February 2025 and concluding by 6 June 2025, managed by Nordea [2] - As of the latest transactions, Pandora has repurchased a total of 494,200 shares, with a total transaction value of DKK 597,797,194, and currently holds 3,776,550 treasury shares, representing 4.6% of its share capital [2] Company Overview - Pandora is the world's largest jewellery brand, focusing on accessible luxury jewellery made from high-quality materials, sold in over 100 countries through 6,800 points of sale [4] - The company is headquartered in Copenhagen, Denmark, employs 37,000 people, and is committed to sustainability, aiming to halve greenhouse gas emissions across its value chain by 2030 [5] - In 2024, Pandora generated revenue of DKK 31.7 billion (EUR 4.2 billion) and is listed on the Nasdaq Copenhagen stock exchange [5]
Nokia Corporation: Repurchase of own shares on 21.03.2025
Globenewswire· 2025-03-21 20:30
Nokia CorporationStock Exchange Release21 March 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 21.03.2025 Espoo, Finland – On 21 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL2,740,2794.92CEUX1,298,3074.91BATE-<td style="width:200.27px;;text-align: center ; vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; ...
3 Stocks Returning Billions to Shareholders via Buybacks
MarketBeat· 2025-03-19 12:01
Group 1: Share Buyback Programs - Several major firms have announced significant new share buyback programs as Q1 2025 concludes, with three stocks having buyback capacity of 8% or more of their market capitalizations [1] - Applied Materials has authorized a $10 billion share buyback program, bringing its total buyback capacity to $17.6 billion, which is nearly 14% of its $126 billion market capitalization [1] - Churchill Downs has approved a $500 million share repurchase program, resulting in a total buyback capacity of $626 million, approximately 8% of its $8 billion market capitalization [6] - DICK'S Sporting Goods announced a $3 billion share buyback program, giving it a total buyback capacity of approximately $3.51 billion, equal to 22% of its nearly $16 billion market capitalization [11][12] Group 2: Dividend Increases - Applied Materials announced a significant dividend increase of 15%, raising the payment to $0.46 per share, with a yield of 1.2% [4] - DICK'S Sporting Goods also raised its dividend by 10%, planning to pay a total of $4.85 over the next four quarters, resulting in a dividend yield of 2.5% [14] Group 3: Financial Performance and Metrics - Applied Materials has repurchased $4.4 billion worth of shares over the last four quarters, but the timing of these purchases was not optimal as the current share price is 19% lower than the average repurchase price of $192 [2][3] - Churchill Downs has repurchased $216 million worth of shares in the last 12 months, which is moderately above its average repurchase pace of $187 million over the past decade [7] - DICK'S Sporting Goods spent $268 million on share buybacks in fiscal 2024, below its average annual buyback pace of $430 million over the past 10 years, with the current share price being 8% lower than the average price paid for shares [13]
It's Been 44 Months Since PayPal Stock Set Its All-Time High. Here's 1 Reason to Buy Today.
The Motley Fool· 2025-03-18 11:21
Core Viewpoint - PayPal experienced significant growth during the pandemic, but its stock price has declined sharply since reaching an all-time high of approximately $309 per share in July 2025, now trading around $67 due to a slowdown in growth metrics [1][3]. Group 1: Financial Performance - In Q1 2021, PayPal's total payment volume increased by 50% year-over-year, adjusted EPS nearly doubled, and the company added 14.5 million net new active accounts, reaching 392 million active accounts [2]. - By Q4 2024, total payment volume growth had slowed to 7%, adjusted EPS growth dropped to 5%, and net new active accounts fell to 2.6 million, with total active accounts at approximately 430 million [3]. Group 2: Leadership and Strategy - In response to stagnation, PayPal replaced most of its senior leadership over a year ago, appointing Alex Chriss to restore growth, with initial efforts focused on efficiency [4]. - New initiatives launched in 2024 include an advertising platform and a competitive cash-back debit card product aimed at reinvigorating growth [5]. Group 3: Future Growth Opportunities - Management aims to better monetize Venmo, targeting $2 billion in revenue by 2027, and has formed partnerships with retailers to enhance payment options [6]. - PayPal sees potential in capturing a significant share of the offline payment market, estimated as a $200 billion revenue opportunity [6]. - The company plans to consolidate its platform and deepen customer relationships, with a goal of achieving an earnings growth rate above 20% in the long term [7]. Group 4: Valuation and Cash Flow - Currently, PayPal's stock is considered undervalued, trading at about 13.3 times forward earnings estimates and 11 times forward free cash flow, with an even cheaper valuation when accounting for its net cash position [8]. - PayPal is projected to generate approximately $6 billion in free cash flow in 2025, with plans to use most of it for share buybacks, indicating management's belief in the stock's value [9].
MRC (MRC) - 2024 Q4 - Earnings Call Transcript
2025-03-14 21:40
Financial Data and Key Metrics Changes - Total company sales for Q4 2024 were $664 million, a 14% sequential decrease and 10% lower than the same quarter a year ago [28] - Adjusted EBITDA for Q4 was $32 million, or 4.8% of sales, with full year adjusted EBITDA reaching $220 million, or 6.7% [34][39] - The company generated $268 million in operating cash flow from continuing operations for the full year, the highest level in years [12][36] Business Line Data and Key Metrics Changes - Gas utility sales in Q4 were $253 million, a decline of $40 million or 14%, primarily due to reduced customer activity and delayed spending [29] - The diet sector revenue for Q4 was $208 million, a decrease of $31 million or 13% due to timing of project deliveries [30] - DTI sector revenue for Q4 was $203 million, down $36 million or 15% due to reduced upstream activity [31] Market Data and Key Metrics Changes - International revenue for Q4 was $122 million, down $5 million or 4% from lower turnaround activity [31] - The international segment achieved 14% year-on-year revenue growth in 2024, marking the second consecutive year of double-digit growth [32] Company Strategy and Development Direction - The company simplified its capital structure by repurchasing convertible preferred shares and extending its asset-based lending facility maturity to 2029 [10][11] - A three-pronged capital allocation strategy targets a net debt leverage ratio of less than 1.5 times, returning cash to shareholders, and investing in future growth [12] - The company initiated several growth initiatives and strategic supply agreements to enhance customer service and product offerings [12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, projecting low to upper single-digit percentage revenue increases compared to 2024 [15][39] - Key growth drivers include improving fundamentals in the gas utilities sector, inflationary pressures on product pricing, and a strong outlook for midstream natural gas projects [16][20] - The company expects to maintain adjusted gross margins of approximately 21% and generate at least $100 million in operating cash flow in 2025 [39][42] Other Important Information - The company has initiated a remediation plan to address inventory cycle count compliance issues detected late in the year [9] - The Emtek joint venture aims to enhance gas meter sales by incorporating automatic meter reading technology, potentially unlocking tens of millions in revenue [24][72] Q&A Session Summary Question: Revenue guidance and strength sustainability - Management noted a 19% increase in backlog in the U.S. segment, indicating strong customer signals and optimism for revenue growth in 2025 [51][52] Question: Gross margin guidance - Management indicated that the 21% gross margin guidance includes a modest amount of inflation but does not fully account for potential tariff impacts [62][68] Question: International market outlook - Management highlighted strong project activity in Europe and Asia Pacific, with a significant international backlog of $254 million, the largest in years [79] Question: Capital allocation priorities - Management emphasized a focus on maintaining a prudent balance sheet while executing the $125 million share repurchase program and considering M&A opportunities as the balance sheet improves [85][88]
KPN reports on progress of € 250m share buyback
Globenewswire· 2025-03-03 16:45
Core Viewpoint - KPN has initiated a €250 million share buyback program, demonstrating its commitment to returning capital to shareholders through the repurchase of ordinary shares [1][3]. Group 1: Share Buyback Details - KPN repurchased 1,345,000 ordinary shares from February 25 to February 28, 2025, at an average price of €3.66 per share, totaling €4.9 million [1]. - The total number of ordinary shares repurchased to date stands at 1,345,000, with a total consideration of €4.9 million [1]. Group 2: Additional Information - Transaction details of the share buyback are accessible on KPN's website [2]. - The report on the progress of the €250 million share buyback was formally disclosed on March 3, 2025 [3].
Hafnia Limited(HAFN) - 2024 Q4 - Earnings Call Transcript
2025-02-27 20:05
Financial Data and Key Metrics Changes - Hafnia reported a net profit of $79.6 million for Q4 2024, contributing to a full-year net profit of $774 million, indicating strong performance despite moderated market conditions [7][35] - Total TCE income for the year reached $1.4 billion, with Q4 TCE income at $233.6 million [8][34] - The company achieved an adjusted EBITDA of $131 million for Q4 and $992 million for the full year, reflecting operational resilience [34] Business Line Data and Key Metrics Changes - Core operations generated strong earnings, with adjacent fee-generating businesses contributing $35.2 million in full-year revenue [8] - Commercial pool management and bunkering businesses performed well, generating $6.9 million in Q4 [34] Market Data and Key Metrics Changes - The product tanker market experienced strong earnings in the first nine months of 2024, but rates softened in Q4 due to increased cannibalization from the crude sector [16][33] - Clean petroleum product loadings rebounded significantly in December, driven by reduced crude tanker cannibalization and higher export volumes from the US Gulf [18][31] Company Strategy and Development Direction - Hafnia is focused on sustainability and has initiated a fleet renewal strategy, including the introduction of dual-fuel methanol vessels [11] - The company aims to enhance shareholder returns through share buybacks, having repurchased approximately 14.4 million shares at about 70% of NAV [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the underlying strong market fundamentals for 2025, despite current uncertainties [41][48] - The company anticipates robust net profits in 2025, estimated between $300 million to $400 million, supported by favorable market conditions [43] Other Important Information - Hafnia's net loan-to-value ratio increased to 23.2% due to a decline in vessel market values, with a payout ratio of 80% for Q4 [14][38] - The company has hedged approximately half of its interest rate exposure at a weighted average base rate of 2.01% [37] Q&A Session Summary Question: Why pursue the share buyback program with low share prices? - Management noted the decision was based on a significant disconnect between share price and NAV, leading to a buyback program of around $50 million in Q4 and another $25 million in Q1 [51][52] Question: How are China and India adhering to sanctions? - Management observed that both countries are adhering to sanctions, with a significant drop in imports from sanctioned regions, particularly Iran [58][61] Question: What is the current state of crude cannibalization? - Cannibalization has returned to normal averages, with recent data indicating a slight elevation in February [63][64] Question: What is the impact of the Red Sea reopening on the market? - Management concluded that the reopening would have a marginal impact on the market, as the volume lost due to longer trade routes would be offset by increased competition from U.S. refiners [75] Question: What is the breakeven TCE rate? - The operating cash flow breakeven rate is around $14,000, expected to be slightly higher for Q1 [161]