Share Repurchase
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SCI Engineered Materials, Inc. Announces Share Repurchase Program
Accessnewswire· 2025-11-17 13:30
Core Points - SCI Engineered Materials, Inc. has announced a share repurchase program authorized by its Board of Directors for up to $1 million of the Company's common stock [1] - The share repurchase program is set to begin on December 1, 2025, and will last for one year [1] Company Summary - SCI is a global supplier and manufacturer specializing in advanced materials for physical vapor deposition thin film applications [1] - The decision to initiate a share repurchase program indicates the Company's confidence in its financial position and future prospects [1]
Sea Limited Announces Share Repurchase Program
Businesswire· 2025-11-17 08:00
Nov 17, 2025 3:00 AM Eastern Standard Time Sea Limited Announces Share Repurchase Program Share The program demonstrates the Company's confidence in its long-term prospects and allows the Company to opportunistically repurchase its shares. SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) ("Sea†or the "Company†) today announced that its board of directors has authorized a share repurchase program under which Sea may repurchase up to US$1 billion of its American depositary shares ("ADS†), each represent ...
Solana-Focused Upexi Approves $50M Share Buyback as Digital Asset Treasuries Turn to Repurchases
Yahoo Finance· 2025-11-13 16:31
Core Viewpoint - Upexi has announced a stock buyback program of up to $50 million to enhance shareholder value amid declining stock prices and market conditions [1][2]. Company Summary - The board of Upexi approved a buyback program that allows the company to repurchase shares on the open market, providing flexibility based on market conditions and liquidity [1]. - CEO Allan Marshall stated that the buyback will be executed opportunistically without compromising the company's growth investments or treasury strength [1]. Industry Context - Upexi's decision aligns with a trend among digital asset treasury firms that are engaging in share repurchases as their stock prices have significantly decreased due to reduced investor interest [2]. - The market capitalization of some digital asset treasury firms is now below the value of the cryptocurrencies they hold, leading to the rationale that buybacks could be beneficial [2]. Stock Performance - Upexi's stock has fallen over 50% since early October and nearly 90% from its peak in April, with a 4.4% decline noted on Thursday amid a broader downturn in cryptocurrency prices [3]. - The current price of Solana (SOL) is approximately $150, reflecting a nearly 30% decrease over the past month and a 20% decline year-to-date [3]. - Upexi holds 2.1 million SOL, valued at around $319 million [3].
Upexi Announces $50 Million Share Repurchase Program
Globenewswire· 2025-11-13 13:30
Core Viewpoint - Upexi, Inc. has authorized a share repurchase program of up to $50 million to enhance shareholder value and demonstrate confidence in its long-term growth strategy [1][2][3]. Group 1: Share Repurchase Program - The share repurchase program allows Upexi to buy back its common stock in the open market, depending on market conditions and other factors [2]. - The company plans to execute share repurchases opportunistically, aligning with its disciplined capital allocation approach [2]. - The timing, manner, price, and amount of repurchases will be at management's discretion, and the program can be suspended or discontinued at any time [3]. Group 2: Company Overview - Upexi, Inc. is a digital asset treasury company focused on acquiring and holding Solana (SOL), aiming for disciplined and accretive growth [4]. - The company currently holds over two million SOL and employs mechanisms such as intelligent capital issuance, staking, and discounted locked token purchases to enhance value [4]. - Upexi also operates as a brand owner in the development, manufacturing, and distribution of consumer products [4].
Monopar Therapeutics Reports Third Quarter 2025 Financial Results and Recent Developments
Globenewswire· 2025-11-13 13:00
Core Viewpoint - Monopar Therapeutics Inc. reported its third quarter 2025 financial results, highlighting advancements in its drug candidates and recent financing activities, indicating a strong position for future growth and regulatory submissions [1]. Recent Developments - ALXN1840 for Wilson Disease: New data presented at the 150th American Neurological Association Annual Meeting demonstrated long-term neurological efficacy and safety of ALXN1840, emphasizing its potential to positively impact both neurological and hepatic manifestations of Wilson disease [2][3]. - MNPR-101 for Radiopharmaceutical Use: The FDA cleared the IND application for MNPR-101-Lu, which aims to treat advanced or metastatic solid tumors, utilizing proprietary linker technology to enhance therapeutic efficacy [5]. Recent Financing Capital Raise and Share Repurchase - On September 23, 2025, Monopar priced a public offering of 1,034,433 shares at $67.67 per share, raising approximately $126.9 million in net proceeds [6]. - Following the offering, the company repurchased 550,229 shares from Tactic Pharma for $35 million, resulting in net proceeds of approximately $91.9 million after the share repurchase [7]. Financial Results for the Third Quarter Ended September 30, 2025 - Cash, cash equivalents, and investments totaled $143.7 million, sufficient to support operations through at least December 31, 2027, while advancing multiple clinical trials and R&D projects [9]. - The net loss for Q3 2025 was $3.4 million, or $0.48 per share, compared to a net loss of $1.3 million, or $0.37 per share, in Q3 2024 [10]. - R&D expenses increased to $2.59 million, primarily due to higher manufacturing activities and personnel costs [11]. - G&A expenses rose to $1.50 million, driven by increased board compensation and personnel expenses [12]. - Interest income increased by $556,129, attributed to higher bank balances and interest earned on U.S. Treasury securities [13]. Company Overview - Monopar Therapeutics is a clinical-stage biopharmaceutical company focused on developing innovative treatments for unmet medical needs, with key programs including ALXN1840 for Wilson disease and various radiopharmaceutical candidates [14].
Aurora Mobile Announces Up to US$10 Million Share Repurchase Program
Globenewswire· 2025-11-13 11:00
Core Viewpoint - Aurora Mobile Limited has announced a new share repurchase program, reflecting confidence in its business model and stock valuation [2][3]. Company Overview - Aurora Mobile, founded in 2011, is a leading provider of customer engagement and marketing technology services in China, focusing on stable and efficient messaging services [4]. - The company has developed solutions such as Cloud Messaging and Cloud Marketing to enhance customer reach and interaction, alongside AI and big data-driven marketing technology for digital transformation [4]. Share Repurchase Program - The board of directors has approved a program allowing the repurchase of up to US$10 million worth of ordinary shares until December 31, 2026 [2]. - Repurchases may occur on the open market, in privately negotiated transactions, or through other legally permissible means, depending on market conditions [3]. - The program is seen as a commitment to shareholders, with the company viewing its stock as substantially undervalued [3].
Stran & Company Reports 29.0% Increase in Sales to $26.0 Million for the Third Quarter of 2025
Globenewswire· 2025-11-12 21:15
Core Insights - Stran & Company, Inc. reported a significant increase in sales, achieving a 56.7% rise to $87.3 million for the nine months ended September 30, 2025, compared to the same period last year [1][2] - The company continues its share repurchase program, ending the quarter with a strong cash position of $11.8 million [1][2] - A conference call is scheduled for November 13, 2025, to discuss financial results and corporate developments [1][6] Financial Performance - For the third quarter of 2025, sales increased by 29.0% year-over-year to $26.0 million, driven by higher spending from both new and existing customers [2][3] - The Stran segment's revenue grew to $60.3 million for the nine-month period, up from $52.2 million last year, while Stran Loyalty Solutions (SLS) revenue surged to $26.9 million from $3.5 million [2][10] - Gross profit for the nine months increased by 49.3% to $25.4 million, although the gross profit margin decreased to 29.1% due to the lower margin of the acquired Gander Group business [10][2] Operating Expenses and Losses - Operating expenses rose by 30.3% to $27.3 million for the nine months ended September 30, 2025, but as a percentage of sales, they decreased to 31.3% from 37.7% [10][2] - The net loss for the nine months was reduced to $1.0 million from $3.6 million in the prior year, indicating improved financial health [10][2] - EBITDA improved by $2.8 million to $(0.4) million for the nine months ended September 30, 2025, reflecting better expense management and margin improvement [10][2] Share Repurchase and Recognition - The company repurchased approximately 267,000 shares of common stock for a total of $408,000, demonstrating confidence in its long-term outlook [2][10] - Stran was recognized by the Promotional Products Association International as one of the "Greatest Companies to Work For" in 2025, highlighting its commitment to employee engagement and company culture [2][10] Future Outlook - The company aims to continue its momentum through organic growth and acquisitions as it approaches its historically strongest quarter of the year [2][10] - Focus areas include deepening client relationships, improving operational efficiency, and maintaining financial discipline to support long-term growth [2][10]
Verkkokauppa.com Oyj: Acquisition of own shares on 12 November 2025
Globenewswire· 2025-11-12 17:00
Group 1 - Verkkokauppa.com Oyj acquired 17,563 shares on 12 November 2025 at an average price of EUR 4.0164 per share, totaling EUR 70,540.03 [1] - After the acquisition, Verkkokauppa.com Oyj holds a total of 233,430 treasury shares [1] - The company is an e-commerce pioneer in Finland, known for its fast deliveries and customer-centric approach, serving over 1.7 million customers [2] Group 2 - Founded in 1992, Verkkokauppa.com has been operating online since its inception, with a revenue of EUR 468 million in 2024 and approximately 600 employees [3] - The company is listed on the Nasdaq Helsinki stock exchange [3]
Aspo Plc: Share repurchase 12.11.2025
Globenewswire· 2025-11-12 16:30
Core Viewpoint - Aspo Plc has conducted a share repurchase, acquiring 3,000 shares at an average price of €6.8620 per share, totaling a cost of €20,586. This brings the total shares held by the company to 19,068 [1]. Group 1: Share Repurchase Details - The share repurchase occurred on November 12, 2025, on the Helsinki Stock Exchange [1]. - The total cost of the repurchased shares was €20,586 [1]. - The average price per share during the buyback was €6.8620 [1]. Group 2: Compliance and Regulations - The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 [1]. - The buyback also adheres to the Commission Delegated Regulation (EU) 2016/1052 [1].
Mastech Digital(MHH) - 2025 Q3 - Earnings Call Transcript
2025-11-12 15:00
Financial Data and Key Metrics Changes - Consolidated revenue for Q3 2025 was $48.5 million, a year-over-year decrease of 6.4% [11] - GAAP net income was $0.9 million, or 8 cents per diluted share, compared to $1.9 million, or 16 cents per diluted share in the prior year [15] - Non-GAAP net income was $3.5 million, or 29 cents per diluted share, compared to $2.8 million, or 23 cents per diluted share in the prior year [15] - Gross profit for Q3 was $13.5 million, a decrease of 8.9% year-over-year [12] - SG&A as a percentage of revenue was 26.1%, a decrease of 280 basis points compared to the previous year [13] Business Line Data and Key Metrics Changes - IT Staffing Services segment revenue was $40.6 million, down 4.4% year-over-year, with record gross margins of 24.8% and average bill rates at $86.60 [8][11] - Data and Analytics Services segment revenue was $7.9 million, a decline of 15.8% year-over-year, with new bookings at $6.1 million compared to $11.1 million in the prior year [9][11] Market Data and Key Metrics Changes - Client activity continues to trend below prior year levels, consistent with broader market conditions [9] - The demand environment remains cautious due to macroeconomic and geopolitical uncertainties [5] Company Strategy and Development Direction - The company launched the EDGE program, focusing on efficiency, growth, and expansion to optimize operations and drive higher revenue quality [6][12] - The strategy aims to position the company as a trusted partner for enterprises transitioning to AI-first organizations [5][7] - The company is focused on attracting top leadership talent to support its growth agenda [7] Management's Comments on Operating Environment and Future Outlook - Management noted that while the current demand environment is measured, they are focused on long-term growth and operational efficiency [8] - The company expects to realize short-term benefits from the EDGE program while reinvesting gains to strengthen competitive positioning [14] Other Important Information - The company had $32.7 million in cash balances and no bank debt as of September 30, 2025 [16] - Approximately 192,000 shares were repurchased at an average price of $7.68, with 214,000 shares remaining available for repurchase [16] Q&A Session Summary Question: Will the buyback program increase? - The company plans to continue buyback efforts in Q4 and may consider entering another Rule 10b5-1 plan [19] Question: Will the number of consultants increase or decrease? - The number of billable consultants decreased to 933 as of October, down from 980 in June [22][23] Question: Can you explain the EDGE program further? - The EDGE program focuses on driving higher quality revenue, process simplification, and disciplined spend management [24] Question: What are the expected costs related to the finance and accounting transition? - The company expects costs to remain within the previously communicated range and to be largely completed by Q4 [40] Question: What are the drivers for bill rate growth? - The average bill rate increased to $86.60, driven by a focus on high-value accounts and complex work [42] Question: What are the key areas of focus for AI-driven efforts? - Key focus areas include data modernization, data consolidation, and AI transformation, particularly in health sciences [44][46]