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Saturn Oil & Gas Inc. Announces TSX Approval to Renew the Normal Course Issuer Bid Following Successful Completion of Existing Program
Newsfile· 2025-08-25 11:00
Core Viewpoint - Saturn Oil & Gas Inc. has received approval from the Toronto Stock Exchange to renew its Normal Course Issuer Bid (NCIB) for an additional year, following the successful completion of the previous NCIB [1][6]. Group 1: NCIB Details - The renewed NCIB allows Saturn to repurchase up to 12,078,583 common shares, which is approximately 10% of the public float as defined by the TSX [4]. - As of August 21, 2025, Saturn had 192,858,149 shares issued and outstanding, with 120,785,837 shares in the public float [4]. - The NCIB will be effective from August 27, 2025, to August 26, 2026, or until it is completed or terminated by the company [4]. Group 2: Share Repurchase Performance - Under the previous NCIB, Saturn repurchased and canceled 9,732,312 shares for a total of $20.3 million, at an average price of $2.09 per share [2]. - The total shares repurchased from August 27, 2024, to July 31, 2025, amounted to 11.3 million, representing a reduction of approximately 6% in shares outstanding [2]. Group 3: Strategic Intent - The company believes there are discrepancies between the current share price and the inherent value of the business, and the NCIB is seen as a method to enhance shareholder value [3]. - Delivering returns to shareholders is a fundamental aspect of the company's strategy, with share buybacks viewed as an effective tool [3]. Group 4: Purchase Mechanism - The maximum number of shares that can be repurchased in a single trading day is 65,420, which is 25% of the average daily trading volume over the past six months [5]. - ATB Capital Markets will conduct the NCIB on behalf of the company, with purchases made on the open market in accordance with regulatory requirements [5]. Group 5: Automatic Securities Purchase Plan - The company has established an automatic securities purchase plan with ATB to facilitate purchases under the NCIB [7]. - Purchases will be made at ATB's discretion, adhering to the limitations of the plan and TSX rules [7].
Sydbank A/S share buyback programme: transactions in week 34
Globenewswire· 2025-08-25 09:01
Core Points - Sydbank A/S 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 A/S, adhering to the Safe Harbour rules as per EU regulations [2] - As of the most recent announcement, a total of 1,505,000 shares have been repurchased, with a gross value of DKK 660,462,110 [2] - In week 34, Sydbank A/S repurchased 50,000 shares, with a total gross value of DKK 26,717,300 [2] - Cumulatively, the total number of shares repurchased during the programme has reached 1,555,000, amounting to a gross value of DKK 687,179,410 [2] - Following these transactions, Sydbank A/S now holds a total of 1,565,409 own shares, representing 3.05% of the bank's share capital [4]
Repurchase of Truecaller B shares in week 34, 2025
Prnewswire· 2025-08-25 06:43
Core Viewpoint - Truecaller AB has been actively repurchasing its own B shares as part of a share buyback program initiated by the board of directors, with a total of 230,000 shares repurchased between August 18 and August 22, 2025, amounting to 0.07% of outstanding capital [1][2]. Group 1: Share Buyback Program - The share buyback program was announced on May 30, 2025, and is set to continue until the Annual General Meeting (AGM) in May 2026 [1]. - As of August 22, 2025, Truecaller has repurchased a total of 1,155,000 shares, which is 0.33% of the outstanding capital [1]. - The board was authorized to buy back B-shares until the AGM in 2026, with the limit set so that the company's shareholding does not exceed 10% of the total number of outstanding shares [2]. Group 2: Transaction Details - The total accumulated share buybacks for the week of August 34, 2025, amounted to 230,000 shares, with a weighted average price of SEK 46.80, resulting in a total transaction value of SEK 10,764,340 [3]. - The total accumulated buybacks during the entire program reached 1,155,000 shares at a weighted average price of SEK 52.29, with a total transaction value of SEK 60,397,509 [3]. Group 3: Current Shareholding - Following the recent acquisitions, Truecaller holds 5,100,332 B shares and 5,013,786 C shares, which corresponds to 2.86% of the outstanding capital [4]. - The total number of shares in Truecaller, including its own shares, is now 353,750,053, while the number of outstanding shares, excluding its own shares, is 343,635,935 [4].
Elis: Disclosure of trading in own shares occured from August 18 to August 22, 2025
Globenewswire· 2025-08-25 06:00
Core Viewpoint - Elis has disclosed its share buyback activities conducted from August 18 to August 22, 2025, in compliance with EU regulations, aimed at covering performance share plans and contributing to employee shareholding initiatives [2]. Summary by Relevant Sections Share Buyback Details - The total number of shares acquired during the buyback period was 108,139 shares, with an average purchase price of €25.4600 [2]. - The transactions were executed on two platforms: XPAR and DXE, with specific daily volumes and prices detailed for each day [2]. Purpose of Share Buybacks - The buyback operations are intended to cover maturing performance share plans and allocate free shares to employees as part of the "Elis for All 2025" international employee shareholding plan [2]. - Additionally, the shares purchased are planned to be cancelled in accordance with the resolutions passed at the Combined General Meeting on May 22, 2025 [2].
Progress on ABN AMRO share buyback programme 15 August – 21 August 2025
Globenewswire· 2025-08-22 06:00
Core Insights - ABN AMRO has made significant progress on its EUR 250 million share buyback programme, repurchasing a total of 2,000,000 shares and depositary receipts at an average price of €25.75, amounting to €51,506,640 during the week of 15 August 2025 to 21 August 2025 [1] - To date, the total amount spent on repurchased shares and depositary receipts is €113,224,400, which represents 45.29% of the overall share buyback programme [2] Summary by Sections - **Share Buyback Programme Details** - The share buyback programme was announced on 6 August 2025, with a total of 2,000,000 shares repurchased at an average price of €25.75 [1] - The total consideration for shares repurchased so far is €113,224,400, indicating strong execution of the buyback strategy [2] - **Investor Relations** - For detailed information on daily repurchased shares and individual transactions, investors are directed to the ABN AMRO website [2]
Aegon(AEG) - 2025 H1 - Earnings Call Transcript
2025-08-21 08:00
Financial Data and Key Metrics Changes - The operating result increased to €845 million, up 19% compared to the previous year, driven by profitable business growth and improved claims experience in the US, UK, and international segments [4][16] - Operating capital generation before holding and funding expenses decreased by 2% to €576 million [4][16] - Free cash flow increased significantly to €442 million from €373 million in the previous year [16][28] - The group solvency ratio decreased by five percentage points to 183% compared to year-end 2024 [17][26] Business Line Data and Key Metrics Changes - In the US, operating results improved to $685 million, benefiting from growth in strategic assets, particularly in the Protection Solutions business [18][19] - New life sales in the individual life business increased by 13%, driven by higher agent productivity and successful recruitment efforts [11][12] - Aegon UK experienced growth in operating results due to favorable markets and business growth [20] - The international segment saw increased operating results from higher CSM releases in TLB and Spain and Portugal, despite lower sales in Singapore [14][20] Market Data and Key Metrics Changes - The US market accounts for approximately 70% of Aegon's operations, highlighting its significance in the company's strategy [7] - The brokerage channel recorded strong growth in new life sales, attributed to the launch of a fully digital whole life final expense product [12] - Net deposits in the retirement plan business were solid, driven by mid-sized plans and onboarding of a large pool plan [12] Company Strategy and Development Direction - Aegon is focused on growing and transforming its businesses, with a strategic emphasis on the US market [3][4] - The company announced a review of relocating its head office to the US to align its corporate structure with its primary market [6][7] - The relocation aims to simplify operations and enhance cooperation between the holding and its main business unit [7][8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving all financial targets for 2025, with a positive outlook for the second half of the year [29] - The company is monitoring the impact of new business strain and claims experience on operating capital generation [32][39] - Management reiterated that the operating profit is not particularly sensitive to equity market fluctuations [39] Other Important Information - Aegon announced a €200 million increase to its share buyback program, totaling €400 million for 2025 [5][28] - The company plans to implement US GAAP reporting, which is expected to take two to three years [9][10] Q&A Session Summary Question: What drove the decision to cover 25% of the variable annuity based fee? - Management indicated that this decision was part of ongoing risk management to stabilize capital generation and was executed recently [35][36] Question: Can you provide insights on the US GAAP implementation? - Management stated it is too early to provide guidance on the impact of US GAAP on operating profit or OCG [43] Question: What are the main challenges of potentially redomiciling? - Key challenges include building head office processes in the US and implementing US GAAP, which will take time [65][66] Question: How clean is the reported operating profit? - The operating profit of €8.45 is considered clean, with adjustments leading to an adjusted number of around €9.37 [51][52] Question: What is the size of the pool plan? - The pool plan is approximately €1.9 billion [42][94] Question: How does the US redomiciliation impact M&A opportunities? - Management indicated that being closer to the US market would position the company more favorably for potential M&A opportunities [72]
Share Buyback Transaction Details August 14 – August 20, 2025
Globenewswire· 2025-08-21 08:00
Core Insights - Wolters Kluwer has repurchased 89,500 ordinary shares for €10.1 million at an average price of €112.94 during the period from August 14 to August 20, 2025 [2][3] - The company has a share buyback program announced on February 26, 2025, with a total intended repurchase of up to €1 billion in 2025 [3] - Cumulatively, 4,558,291 shares have been repurchased in 2025, totaling €677.8 million at an average price of €148.69 [3] Share Buyback Program Details - The share buyback program allows for €175 million of buybacks to be executed by a third party from July 31, 2025, to November 3, 2025 [3] - Shares repurchased will be held as treasury shares and are intended for capital reduction through share cancellation [4] Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024 and operates in over 40 countries, employing approximately 21,900 people [6] - The company is a leader in professional information solutions, software, and services across various sectors including healthcare, tax, accounting, and legal [5]
Sampo plc’s share buybacks 20 August 2025
Globenewswire· 2025-08-21 05:30
Core Viewpoint - Sampo plc has initiated a share buyback program with a maximum value of EUR 200 million, which commenced on 7 August 2025, following the authorization from its Annual General Meeting on 23 April 2025 [1][2]. Group 1: Share Buyback Details - On 20 August 2025, Sampo plc acquired a total of 323,763 A shares at a daily weighted average price of EUR 9.96 [1]. - The buyback transactions were executed across multiple markets, including AQEU, CEUX, TQEX, and XHEL, with respective volumes of 7,235, 125,148, 34,713, and 156,667 shares [1]. - The total number of Sampo A shares owned by the company after the transactions is 3,275,016, representing 0.12% of the total shares outstanding [2].
Sampo plc’s share buybacks 19 August 2025
Globenewswire· 2025-08-20 05:30
Group 1 - Sampo plc has initiated a share buyback program with a maximum value of EUR 200 million, which commenced on 7 August 2025 [1][2] - On 19 August 2025, Sampo plc acquired a total of 325,280 A shares at a daily weighted average price of EUR 9.92 [1] - Following the transactions, Sampo plc holds a total of 2,951,253 A shares, representing 0.11% of the total shares outstanding [2] Group 2 - The share buyback program is in compliance with the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [1] - The authorization for the buyback program was granted during Sampo's Annual General Meeting on 23 April 2025 [1]
Flex LNG - Launch of Share Buyback Program
Prnewswire· 2025-08-20 05:04
Core Viewpoint - Flex LNG Ltd. has authorized a share buyback program allowing the repurchase of up to $15 million of its outstanding shares, which will be executed on the Oslo Stock Exchange and the New York Stock Exchange [1][2][3]. Group 1: Share Buyback Program Details - The share buyback program will commence on August 20, 2025, and continue through November 27, 2025, with a maximum limit of 900,000 shares to be repurchased [3]. - The shares purchased will be held as treasury shares, and the actual timing, number, and value of shares repurchased will depend on various factors including market conditions and compliance with regulations [3]. - The amount utilized for the share buyback will be treated independently from future dividend considerations, which remain at the discretion of the Board of Directors [4]. Group 2: Compliance and Regulations - The repurchase of shares on the Oslo Stock Exchange will comply with the Market Abuse Regulation (EU) No 596/2014, while repurchases on the NYSE will adhere to U.S. securities laws, including Rule 10b-18 [2][3].