Core Points - The 2025-2026 Share Buyback Program has been authorized by the Shareholders' Combined General Meeting on May 14, 2025, replacing the previous program established on May 16, 2024 [4][20]. - The program aims to enhance liquidity and support the market for the Company's stock, allocate shares to employees, and allow for share cancellations among other objectives [10][11]. Group 1: Program Authorization and Structure - The Board of Directors has been authorized to implement the new Share Buyback Program with the power to delegate responsibilities [6][20]. - The program will last for a maximum of eighteen months, concluding no later than November 13, 2026, unless renewed [20]. Group 2: Shareholding and Objectives - As of June 30, 2025, COFACE SA held 0.57% of its share capital, equating to 852,060 common shares, with specific allocations for liquidity and employee benefits [7]. - The objectives of the program include ensuring liquidity, allocating shares to employees, transferring shares upon exercise of rights, and potentially canceling purchased shares [10][11]. Group 3: Financial Parameters - The maximum percentage of shares that can be repurchased is capped at 10% of the total share capital, which translates to approximately 15,017,979 shares as of June 30, 2025 [12][15]. - The maximum purchase price per share is set at €30, excluding costs [16].

UK power generator Drax Group will extend its share buyback program by £450 million over three years after it paused two major investments https://t.co/yCKlZWWU7B ...

Core Viewpoint - Syensqo SA has launched the fourth tranche of its Share Buyback Program, which is part of a larger initiative announced in September 2024, with a total budget of up to €300 million [1][2]. Group 1: Share Buyback Program - The fourth tranche of the Share Buyback Program will commence on July 31, 2025, and is set to conclude by November 15, 2025, with a maximum allocation of €50 million [1][2]. - The implementation of this tranche will adhere to the conditions established by the Extraordinary Shareholders' Meeting held on December 8, 2023, and will be executed by a financial intermediary in compliance with applicable regulations [2]. Group 2: Company Overview - Syensqo is a science company focused on developing innovative solutions that improve various aspects of life, work, travel, and leisure, with a workforce of over 13,000 associates globally [4]. - The company's innovations aim to contribute to safer, cleaner, and more sustainable products across multiple sectors, including homes, food, consumer goods, transportation, and healthcare [5].

Core Points - Syensqo SA has launched the fourth tranche of its Share Buyback Program, which was initially announced on September 30, 2024, with a total budget of up to €300 million [1][2] - This fourth tranche will commence on July 31, 2025, and is set to conclude by November 15, 2025, with a maximum allocation of €50 million for share repurchases [1][2] - The shares acquired through this tranche will be canceled, as per the company's intention [2] Company Overview - Syensqo is a science company focused on developing innovative solutions that improve various aspects of life, work, travel, and leisure [3] - The company employs a diverse global team of over 13,000 associates, inspired by the scientific councils initiated by Ernest Solvay in 1911 [3] - Syensqo's innovations aim to contribute to safer, cleaner, and more sustainable products across multiple sectors, including homes, food, consumer goods, transportation, and healthcare [4]

Core Insights - Ascend Wellness Holdings, Inc. reported Q1 2025 net revenue of $128.0 million, a decrease of 5.9% quarter-over-quarter, with retail revenue down 6.6% and wholesale revenue down 4.4% [1][7][8] - The company generated positive cash from operations of $5.9 million, marking the ninth consecutive quarter of positive operating cash flow [1][11] - The company ended Q1 2025 with $100.0 million in cash and cash equivalents, reflecting a sequential increase of $11.7 million [1][11] Business Highlights - The company is focused on executing a densification strategy aimed at increasing store count by approximately 50% in the medium term, targeting ten new stores in 2025 [6][7] - New product launches and store openings are anticipated in the coming months to enhance consumer experience and expand access [6][7] Financial Highlights - Adjusted EBITDA for Q1 2025 was $27.0 million, representing a margin of 21.1%, a decrease of 10.7% from the previous quarter [7][11] - The net loss for Q1 2025 was $19.3 million, compared to a net loss of $16.8 million in Q4 2024 [7][10] - Total general and administrative expenses decreased to $37.1 million, or 29.0% of revenue, down from $40.8 million, or 30.0% of revenue, in Q4 2024 [10][11] Revenue Breakdown - Total net revenue of $128.0 million included retail revenue of $84.4 million and wholesale revenue of $43.6 million, both showing declines due to competitive pressures and pricing [7][8] - Gross profit for Q1 2025 was $39.6 million, or 30.9% of revenue, down from $46.9 million, or 34.5% of revenue, in Q4 2024 [9][11] Cash Flow and Balance Sheet - Free Cash Flow for Q1 2025 was $1.2 million, calculated as cash from operations minus capital expenditures [5][11] - Net Debt as of March 31, 2025, was $233.0 million, reflecting total debt less cash and cash equivalents [4][11] - The company launched a share buyback program in January 2025, repurchasing 1,571,500 shares by April 30, 2025 [7]