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Planet Ventures Inc. Announces Normal Course Issuer Bid
Thenewswire· 2025-10-02 20:15
October 2, 2025 – TheNewswire - VANCOUVER, BRITISH COLUMBIA – Planet Ventures Inc. (CSE: PXI) (the “Company” or “Planet”) is pleased to announce its intention for the renewal of its normal course issuer bid (the “Renewed NCIB”) through the facilities of the Canadian Securities Exchange (the “CSE”). Under the Renewed NCIB, a total of up to 10,206,333 common shares in the capital of the Company (“Shares”), representing 5% of the issued and outstanding Shares of the Company, may be purchased through the fa ...
Stocks Slip Before the Open With Focus on U.S. Economic Data and Fed Speak
Yahoo Finance· 2025-09-25 10:00
U.S. rate futures have priced in a 91.9% probability of a 25 basis point rate cut and an 8.1% chance of no rate change at October’s monetary policy meeting.San Francisco Fed President Mary Daly said on Wednesday that more interest rate cuts will likely be needed, but noted that policymakers should proceed carefully. “It is likely that further policy adjustments will be needed as we work to restore price stability while providing needed support to the labor market,” Daly said.Meanwhile, U.S. Treasury Secreta ...
Why Marvell Technology Stock Trounced the Market Today
Yahoo Finance· 2025-09-24 21:20
Key Points The specialty tech company announced a new stock repurchase program. Its board of directors has authorized up to $5 billion in such buys. 10 stocks we like better than Marvell Technology › Next-generation chipmaker Marvell Technology (NASDAQ: MRVL) announced two shareholder-pleasing measures on Wednesday, and the moves attracted investors to the stock. Collectively they pushed the company's share price up by 7% in a trading session that saw the bellwether S&P 500 index sag by 0.3%. Repu ...
OTTAWA BANCORP, INC. ANNOUNCES COMPLETION OF STOCK REPURCHASE PROGRAM
Globenewswire· 2025-09-20 01:25
Core Viewpoint - Ottawa Bancorp, Inc. has successfully completed its stock repurchase program, acquiring 120,996 shares at an average price of $15.01 per share [1]. Company Overview - Ottawa Bancorp, Inc. serves as the holding company for OSB Community Bank, which offers a range of financial services to both individual and corporate clients in the United States [2]. - OSB Community Bank provides various deposit accounts, including checking, money market, regular savings, club savings, certificates, and retirement accounts [2]. - The bank's loan portfolio encompasses one-to-four family residential mortgages, multi-family and non-residential real estate loans, commercial and construction loans, as well as auto loans and home equity lines of credit [2]. - Established in 1871, OSB Community Bank is headquartered in Ottawa, Illinois [2].
Vaisala completes repurchasing own shares
Globenewswire· 2025-09-10 06:00
Core Viewpoint - Vaisala Corporation has successfully completed the repurchase of its own series A shares, which is part of its strategy to enhance shareholder value and support incentive plans for employees [1][2]. Summary by Sections Share Repurchase Details - The share repurchase program commenced on May 6, 2025, and concluded on September 9, 2025, during which a total of 65,000 series A shares were repurchased at an average price of EUR 46.2327 per share [2]. - The repurchased shares were acquired through public trading on Nasdaq Helsinki Ltd. at the prevailing market price [2]. Treasury Shares - Following the completion of the repurchase, Vaisala holds 180,290 series A treasury shares, accounting for 0.54% of the total series A shares and 0.49% of the overall shares [3]. Company Overview - Vaisala is recognized as a global leader in measurement instruments and intelligence for climate action, focusing on improving resource efficiency and supporting energy transition [4]. - The company has nearly 90 years of experience and employs around 2,500 experts dedicated to environmental sustainability [4].
MediaAlpha Announces $32.9 Million Private Stock Repurchase
Globenewswire· 2025-09-04 20:10
Core Viewpoint - MediaAlpha, Inc. has repurchased 3,234,894 shares of its Class A common stock for approximately $32.9 million, reflecting confidence in its growth strategy and capital allocation discipline [1][2]. Company Actions - The stock repurchase was conducted at a price of $10.17 per share, representing a discount of about 5.5% from the closing price on September 2, 2025 [1]. - The repurchased shares will be canceled and retired, indicating a commitment to returning value to shareholders [2]. Financial Position - MediaAlpha's CFO highlighted robust cash flow generation and a strong balance sheet, positioning the company well for continued investment in innovation while returning capital to shareholders [2]. - The company generated nearly 119 million Consumer Referrals in 2024 and powered $1.9 billion in advertising spend across various insurance sectors in the twelve months ending June 30, 2025 [5]. Strategic Insights - The repurchase was approved by a Special Committee of independent directors, ensuring a disciplined approach to capital allocation [2]. - Insignia Capital Group, which sold its shares, expressed confidence in MediaAlpha's future growth prospects [2].
Alpha Pro Tech, Ltd. Announces Second Quarter 2025 Financial Results
Globenewswire· 2025-08-07 13:00
Core Viewpoint - Alpha Pro Tech, Ltd. reported a 2.4% increase in net sales for the second quarter of 2025, reaching $16.7 million compared to $16.3 million in the same period of 2024, despite challenges in the housing market and a decline in disposable protective apparel sales [1][5][7]. Financial Performance - Consolidated sales for the second quarter of 2025 were $16.7 million, an increase of $383,000 or 2.4% from $16.3 million in the second quarter of 2024 [5][7]. - Net income for the second quarter of 2025 was $1.2 million, or $0.12 per diluted share, down from $1.6 million, or $0.15 per diluted share in the same quarter of 2024, representing a decrease of 24.3% [11][19]. - Gross profit decreased by $710,000, or 10.4%, to $6.1 million for the second quarter of 2025, with a gross profit margin of 36.8%, down from 42.0% in the same period of 2024 [9][10]. Segment Performance - Building Supply segment sales increased by $1.1 million, or 11.5%, to $11.1 million in the second quarter of 2025, driven by a 10.6% increase in synthetic roof underlayment sales and a 17.0% increase in housewrap sales compared to the same period in 2024 [6][7]. - Disposable Protective Apparel segment sales decreased by $760,000, or 12.0%, to $5.6 million, primarily due to an 11.3% decrease in disposable protective garments and a 28.3% decrease in face mask sales [7][8]. Market Conditions - The housing market showed continued weakness, with single-family housing starts down 9.0% compared to the same quarter in 2024, yet the company outperformed the market in its Building Supply segment [2][3]. - Management expressed optimism for further growth in the Building Supply segment in the second half of 2025, despite ongoing uncertainties in housing starts and economic volatility [3]. Cash and Balance Sheet - As of June 30, 2025, the company had cash and cash equivalents of $14.5 million and working capital of $47.5 million, with no debt [12][13]. - The current ratio improved to 17:1 as of June 30, 2025, compared to 16:1 at the end of 2024 [12].
Global Business Travel (GBTG) - 2025 Q2 - Earnings Call Transcript
2025-08-05 14:00
Financial Data and Key Metrics Changes - The company achieved over €500,000,000 in adjusted EBITDA over the last twelve months, with adjusted EBITDA growth of 4% to €133,000,000 and an adjusted EBITDA margin expansion of 70 basis points year over year to reach 21% [4][11][22] - Revenue for the quarter was up 1% year over year, reaching $631,000,000, which was above guidance midpoint [11][20] - Total transaction value (TTV) grew 3% on a workday adjusted basis to reach $7,900,000,000, driven by transaction growth and higher average ticket prices [11][22] Business Line Data and Key Metrics Changes - Total new wins value reached €3,200,000,000 over the last twelve months, with €2,200,000,000 from SME customers, and a high customer retention rate of 95% [5][11] - Air transactions stabilized in May and June after a decline in April, while hotel transactions grew by 4% in May and June, outpacing air transactions [12][13] - Transaction growth for global multinational customers was up 3% in May and June, while SME customers saw a 2% growth, a significant improvement from April [12][14] Market Data and Key Metrics Changes - Transaction growth in The Americas reached 2% in May and June, while EMEA transactions improved dramatically to 3% [14] - The company noted that industries with greater exposure to tariffs, such as mining and oil, continued to see slower demand, while technology and financial services showed strong performance [15][17] - The meetings and events business is performing well, with an anticipated 5% year-over-year increase in the number of meetings in the second half of the year [17] Company Strategy and Development Direction - The company is focused on efficiency gains and driving operating leverage, which is reflected in flat adjusted operating expenses and strong margin expansion [4][22] - The pending acquisition of CWT is expected to create significant value, with an anticipated $155,000,000 in identified net synergies over three years [6][9][40] - The company plans to accelerate share repurchases and maintain a strong balance sheet post-acquisition [7][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the improved demand environment, noting that macroeconomic uncertainty seems to be moderating [16] - The company raised and narrowed its full-year 2025 guidance, expecting revenue growth of 2% to 4% year over year, with a midpoint of $2,488,000,000 [25][26] - Management indicated that the second half of the year is expected to show continued share gains and improved transaction growth, particularly in the SME segment [34][35] Other Important Information - The company has nearly $1,000,000,000 in available liquidity and has reduced net debt, with a leverage ratio of 1.6 times as of June 30, 2025 [6][23] - The acquisition of CWT is valued at $540,000,000 on a cash-free, debt-free basis, with $50,000,000 of shares to be issued to CWT shareholders [9][10] Q&A Session Summary Question: Does the ongoing low single-digit FX neutral revenue growth underwrite ongoing share gains? - Management confirmed that continued share gains are expected in the second half of the year, with increased sales and marketing investments to accelerate net new wins [33][34] Question: Do you have visibility into CWT's 2025 performance? - Management stated that detailed information about CWT's financial performance will be provided post-close, with an expectation of $155,000,000 in net synergies over three years [39][40] Question: What drove the deceleration in APAC? - The deceleration in APAC was primarily driven by Australia, influenced by the timing of tariffs and the mining vertical [44] Question: Are the declines in April recoverable? - Management indicated that April's weaker transaction volumes were driven by macroeconomic uncertainty, and those transactions are not necessarily recoverable [47] Question: How are July trends looking? - Management reported positive trends in July, consistent with guidance for the second half of the year, but emphasized the importance of September for Q3 volumes [52]
恒生银行8月1日耗资约2259.22万港元回购20万股
Zhi Tong Cai Jing· 2025-08-01 11:58
恒生银行(00011)公布,2025年8月1日耗资约2259.22万港元回购20万股股份。 ...
Red River Bancshares, Inc. Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-07-30 12:30
Core Viewpoint - Red River Bancshares, Inc. reported its unaudited financial results for the second quarter of 2025, showing a slight decrease in net income compared to the previous quarter but a significant increase compared to the same quarter last year. Financial Performance - Net income for Q2 2025 was $10.2 million, or $1.51 per diluted share, a decrease of $156,000, or 1.5%, from Q1 2025, but an increase of $2.2 million, or 27.7%, from Q2 2024 [2][4] - For the first half of 2025, net income was $20.5 million, or $3.03 EPS, an increase of $4.4 million, or 27.0%, compared to the same period in 2024 [3] - The return on assets for Q2 2025 was 1.30%, and the return on equity was 12.27% [2] Operational Highlights - The company experienced improved net interest margin and steady loan growth, leading to higher net interest income of $25.8 million, which was $1.2 million, or 4.9%, higher than the previous quarter [4][10] - The net interest margin (FTE) increased by 14 basis points to 3.36% in Q2 2025, attributed to higher yields on securities and loans, and lower deposit costs [11][6] - Total assets as of June 30, 2025, were $3.17 billion, a decrease of $18.3 million, or 0.6%, from March 31, 2025, primarily due to a decrease in deposits [22][23] Loan and Deposit Overview - Loans held for investment (HFI) increased by $23.8 million, or 1.1%, to $2.14 billion as of June 30, 2025, with steady new loan closing activity [27][23] - Total deposits were $2.81 billion, a decrease of $15.1 million, or 0.5%, compared to March 31, 2025, mainly due to seasonal outflows for income tax payments [34][36] Noninterest Income and Expenses - Noninterest income totaled $4.7 million for Q2 2025, a decrease of $554,000, or 10.5%, from the previous quarter, primarily due to lower brokerage and SBIC income [15][16] - Operating expenses increased by $779,000, or 4.7%, to $17.4 million, driven by higher data processing, loan and deposit expenses, and personnel costs [18][20] Stockholder Equity and Dividends - Total stockholders' equity increased to $335.4 million as of June 30, 2025, a rise of $2.0 million, or 0.6%, from the previous quarter [40] - A quarterly cash dividend of $0.12 per common share was paid in Q2 2025, with an increase to $0.15 announced for Q3 2025 [12]