Core Viewpoint - Ayvens has successfully completed its share buyback program, purchasing 33,180,919 ordinary shares, which is 4.1% of its share capital, for a total of EUR 360 million [2][5]. Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [4]. - The company operates with over 14,000 employees across 41 countries and manages a fleet of 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and Ticker AYV, and is majority-owned by Societe Generale Group [4]. Share Buyback Details - The share buyback program commenced on 31 October 2025 and involved the repurchase of shares at an average price of EUR 11.22 [2][3]. - The buyback included transactions on 8 and 9 December 2025, with a total of 512,543 shares repurchased during this period [3].

(In accordance with article 5 of Regulation (EU) No 596/2014 on Market Abuse Regulation and article 3(3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programmes and stabilisation measures) As announced on Thursday 30 October 2025, Ayvens started on Friday 31 October 2025, an ordinary share buyback programme for a maximum amount of EUR 360 million for the purpose of shares cancellation. ...

(In accordance with article 5 of Regulation (EU) No 596/2014 on Market Abuse Regulation and article 3(3) of Delegated Regulation (EU) 2016/1052 supplementing Regulation (EU) No 596/2014 through regulatory technical standards concerning the conditions applicable to buyback programmes and stabilisation measures) As announced on Thursday 30 October 2025, Ayvens started on Friday 31 October 2025, an ordinary share buyback programme for a maximum amount of EUR 360 million for the purpose of shares cancellation. ...

Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported as of November 21, 2025, having completed 90.8% of the program, representing 3.7% of its share capital [1][3]. Group 1: Share Buyback Program - The buyback program was announced on October 30, 2025, and commenced on October 31, 2025, with a maximum budget of EUR 360 million [1]. - Ayvens has received all necessary authorizations from supervisory authorities, and the buybacks are conducted in compliance with the conditions set by the General Shareholders' Meeting on May 19, 2025 [2]. - The buybacks are executed on trading platforms where Ayvens shares are listed, including the regulated market of Euronext Paris, and the liquidity contract with BNP Paribas Exane has been temporarily suspended during this period [2]. Group 2: Buyback Details - From November 17 to November 21, 2025, Ayvens repurchased a total of 1,243,690 shares at an average purchase price of EUR 10.73 [3]. - The daily breakdown of purchases shows significant activity across multiple trading platforms, with notable volumes on November 17, 18, 19, 20, and 21, 2025 [3]. - The total number of shares repurchased represents 3.7% of the current share capital of 816,960,428 shares [3]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [4]. - The company operates with over 14,000 employees across 41 countries and manages 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [4].

Core Points - Ayvens initiated a share buyback program on October 31, 2025, with a maximum amount of EUR 360 million aimed at share cancellation [1][2] - As of November 10, 2025, Ayvens completed 87.1% of its buyback program, representing 3.5% of its share capital [3][5] Buyback Program Details - The buyback program is conducted in compliance with regulations and was authorized by supervisory authorities [2] - The buybacks are executed on trading platforms where Ayvens shares are listed, including Euronext Paris [2] - A liquidity contract with BNP Paribas Exane has been temporarily suspended during the buyback period [2] Purchase Data - From November 10 to November 14, 2025, Ayvens repurchased a total of 1,438,653 shares at an average price of EUR 11.00 [4][5] - Daily purchases included 210,574 shares on November 10 at EUR 10.98, and 120,209 shares on November 14 at EUR 10.97 [4][5] Company Overview - Ayvens is a leading global player in sustainable mobility, providing services such as full-service leasing and fleet management [6][7] - The company operates with over 14,000 employees across 41 countries and is a major player in the electric vehicle sector [7][8]

Company Overview - Ryder System, Inc. is a leading provider of logistics and transportation solutions, focusing on fleet management and supply chain sectors [6] - The company operates a diversified business model across three segments: Fleet Management Solutions, Supply Chain Solutions, and Dedicated Transportation Solutions [9] - Ryder generates revenue from leasing, rental, maintenance, and value-added logistics services, serving a broad customer base in North America and internationally [9] Financial Performance - As of November 14, 2025, Ryder's stock price was $170.49, with a market capitalization of $6.88 billion [4] - The company reported a revenue of $12.68 billion and a net income of $502 million for the trailing twelve months (TTM) [4] - Ryder's third-quarter earnings rose 2% year over year to $3.33 per share, marking the fourth consecutive quarter of earnings growth on a per-share basis [10] Recent Developments - HG Vora Capital Management, LLC sold 300,000 shares of Ryder, resulting in a $37.77 million decrease in the fund's position value, reducing its stake to 8.56% of reportable assets under management (AUM) [2][8] - Despite the sale, Ryder remains the fifth largest holding in HG Vora's portfolio, with a total of 335,000 shares valued at $63.19 million [2][8] - Ryder's stock has fallen by 9.6% since the end of September, underperforming the S&P 500 by 8.82 percentage points [7][8] Market Conditions - The freight market conditions have been challenging this year, yet Ryder has managed to grow its business [10] - Outsourcing logistics to companies like Ryder is increasingly attractive for smaller businesses that cannot manage their own fleets [11] - Ryder has maintained dividend payments for over 49 years, with a recent 12% increase in its payout to $0.81 per share, offering a yield of 2.1% at recent prices [11]

Core Viewpoint - Ayvens has initiated a share buyback program amounting to EUR 360 million aimed at share cancellation, with significant progress reported shortly after the program's commencement [1][2]. Group 1: Share Buyback Program - The buyback program was officially announced on October 30, 2025, and commenced on October 31, 2025, with a maximum budget of EUR 360 million [1]. - Ayvens has received all necessary authorizations from supervisory authorities to conduct the buybacks, adhering to conditions set by the General Shareholders' Meeting on May 19, 2025 [2]. - As of November 7, 2025, Ayvens completed 82.7% of its buyback program, representing 3.4% of its total share capital [3]. Group 2: Purchase Details - From November 3 to November 7, 2025, Ayvens executed multiple transactions, with a total of 27,200,072 shares repurchased at an average price of EUR 10.82 [3]. - The buybacks were conducted across various trading platforms, including the regulated market of Euronext Paris [2]. - The liquidity contract with BNP Paribas Exane was temporarily suspended during the buyback period [2]. Group 3: Company Overview - Ayvens is a leading global player in sustainable mobility, providing services such as full-service leasing, flexible subscriptions, and fleet management [4]. - The company operates in 41 countries with over 14,000 employees and manages 3.2 million vehicles, including the world's largest multi-brand electric vehicle fleet [4]. - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [4].

Core Viewpoint - Ayvens has initiated a share buyback program, repurchasing EUR 275 million of its shares, which is part of a larger sell-down by the Lincoln Consortium totaling approximately EUR 940 million [1]. Group 1: Share Buyback Program - The share buyback program was announced on 30 October 2025, with the repurchased shares amounting to 3.1% of the Group's share capital and representing 76% of the total EUR 360 million allocated for the buyback [1]. - The shares bought back will be cancelled as authorized by Ayvens' combined General Shareholders' Meeting on 19 May 2025 [2]. Group 2: Company Overview - Ayvens is a leading global player in sustainable mobility, providing services such as full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions [3]. - The company operates with over 14,000 employees across 41 countries and is positioned to lead the transition to net zero while driving digital transformation in the mobility sector [4][5]. - Ayvens is listed on Compartment A of Euronext Paris, with Societe Generale Group as its majority shareholder [4].

Core Points - Ayvens has initiated a share buyback program with a maximum amount of EUR 360 million aimed at share cancellation, starting from 31 October 2025 [1] - The buyback program has received all necessary authorizations from supervisory authorities and will comply with the conditions set by the General Shareholders' Meeting [2] - As of 31 October 2025, Ayvens has completed 0.9% of its buyback program, representing 0.04% of its share capital [3] Company Overview - Ayvens is a leading global player in sustainable mobility, committed to improving mobility and aiming for net zero emissions [4] - The company operates with over 14,000 employees across 41 countries and offers services such as full-service leasing, flexible subscription services, and fleet management [5] - Ayvens is listed on Compartment A of Euronext Paris with the ISIN FR0013258662 and is majority-owned by Societe Generale Group [5]

Core Insights - Ayvens reported a net income group share of EUR 273 million for Q3 2025, reflecting an 85.9% increase compared to Q3 2024, driven by improved margins and lower operating expenses [1][13][23] - The company announced a share buyback program of EUR 360 million and an exceptional cash dividend of EUR 0.42 per share, to be paid on December 18, 2025, as part of its commitment to shareholder value [1][5][7] - The Group's Return on Tangible Equity (ROTE) improved to 14.3% from 7.2% in Q3 2024, indicating enhanced profitability [1][23][47] Financial Performance - Gross operating income for Q3 2025 reached EUR 851 million, up 17.6% from Q3 2024, supported by increased margins [1][14][44] - Leasing and Services margins totaled EUR 776 million, a 20.1% increase year-on-year, with underlying margins at 593 basis points compared to 521 basis points in Q3 2024 [1][15][21] - Operating expenses decreased to EUR 429 million from EUR 460 million in Q3 2024, reflecting a 6.7% reduction [1][19][44] Strategic Developments - The execution of the PowerUP 26 strategic roadmap is progressing well, with profitability and cost efficiency improving as synergies increase [2] - The restructuring of the company's footprint in targeted segments is advancing, with used car lease capabilities ramping up [2] - The company is well-positioned for sustainable and profitable growth, supported by a strong executive management team [3] Shareholder Returns - The Board of Directors authorized a total distribution of EUR 700 million to shareholders, including the share buyback and exceptional interim dividend [4][7] - The share buyback program is set to commence on October 31, 2025, and will last until October 30, 2026 [5][51] Market Position - Ayvens maintains a strong financial structure with total shareholders' equity of EUR 10.7 billion as of September 30, 2025, and a Common Equity Tier 1 (CET1) ratio of 12.8% [24][28] - The company has a total balance sheet of EUR 73.1 billion, with financial debt standing at EUR 37.8 billion [25][45]