Daily Archives: 7, February 2024

TotalEnergies Launches Akpo West Field Production, Boosts Nigeria’s Energy Sector

(IN BRIEF) TotalEnergies, along with its partners, has commenced production from the Akpo West field in Nigeria’s PML2 license area. This field, located 135 kilometers off the coast, is tied back to the existing Akpo Floating Production Storage and Offloading … Read the full press release

TotalEnergies Proposes 7.1% Dividend Increase for Fiscal Year 2023

(IN BRIEF) Following a Board of Directors meeting on February 6, 2024, TotalEnergies has announced its intention to propose a dividend distribution of 3.01 € per share for fiscal year 2023 at the upcoming Shareholders’ Meeting scheduled for May 24, … Read the full press release

Equinor Unveils Proposed Cash Dividends for Q4 2023: USD 0.35 Ordinary and Extraordinary

(IN BRIEF) Equinor (OSE: EQNR, NYSE: EQNR) announces its proposed cash dividends for the fourth quarter of 2023. Shareholders can expect an ordinary cash dividend of USD 0.35 per share, along with an additional extraordinary cash dividend of USD 0.35 … Read the full press release

Equinor Initiates Tranche One of USD 1.2 Billion Share Repurchase Programme

(IN BRIEF) Equinor (OSE: EQNR, NYSE: EQNR) announced the commencement of the first tranche of its share buy-back programme for 2024, starting on February 8, 2024. As part of this tranche, shares worth up to USD 396 million will be … Read the full press release

Equinor Posts Robust Q4 Earnings of USD 8.68 Billion Amid Strategic Growth Moves

(IN BRIEF) Equinor, a leading energy provider, reported strong financial results for the fourth quarter of 2023, recording adjusted earnings of USD 8.68 billion and USD 1.88 billion after tax. The quarter saw significant operational achievements, including a 2.1% production … Read the full press release

Equinor Announces Employee Incentive Plan with Share Repurchase Program

(IN BRIEF) Equinor ASA has initiated a share repurchase program for its employee incentive plans, scheduled from February 15, 2024, to January 15, 2025. Authorized at the annual general meeting in May 2023, the program allows for the acquisition of … Read the full press release

ING Achieves Share Buyback Milestone, Repurchasing 195 Million Shares in €2.5 Billion Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has successfully completed its share buyback program, repurchasing a total of nearly 195 million ordinary shares at an average price of €12.87, totaling €2.5 billion. The program exceeded its announced value by 100.33% due to performance arrangements … Read the full press release

KfW Charts Path for 2024: Balancing Domestic Investment and Global Impact

(IN BRIEF) KfW, the state-owned promotional bank, unveils its strategic priorities for 2024, emphasizing a focus on domestic development and global cooperation. Key initiatives include expanding support for construction and housing in Germany, increasing assistance to SMEs, and continuing to … Read the full press release

EIB Successfully Prices $4 Billion 10-Year Bond, Demonstrating Strong Investor Confidence

(IN BRIEF) The European Investment Bank (EIB) has successfully priced its second USD benchmark of the year, issuing a new USD 4 billion 10-year Global Benchmark due February 13, 2034. The bond pays a semiannual coupon of 4.125% and has … Read the full press release

Vestas Reports Strong Performance in 2023, Eyes Robust Growth for 2024

(IN BRIEF) For the year 2023, Vestas achieved revenue of EUR 15,382m (outlook: EUR 14.5-15.5bn), with an EBIT margin before special items of 1.5 percent (outlook: 0-2 percent), and total investments1 of EUR 823m (outlook: approx. EUR 0.8bn). The value of the … Read the full press release

Outokumpu Oyj repurchased 153,564 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has completed its share repurchase program, acquiring a total of 153,564 shares across various trading venues. The program, initiated on November 29, 2023, was approved by the Board of Directors for a maximum of EUR 50 million … Read the full press release

Skanska Secures Major Contract for LaGuardia Airport Infrastructure Upgrade

(IN BRIEF) Skanska has secured a contract with LGAFUEL LLC for the construction of the LaGuardia Airport Jet Fuel Transmission Systems project in Queens, New York, USA. Valued at USD 113 million (about SEK 1.2 billion), the project involves the … Read the full press release

Thales Welcomes Alexis Zajdenweber to Board of Directors as French State Representative

(IN BRIEF) Thales, a company listed on Euronext Paris, appointed Alexis Zajdenweber as its new Director, representing the French State, succeeding Emmanuel Moulin. Zajdenweber, who previously served as the Managing Director of the Government Shareholding Agency, brings extensive experience in … Read the full press release