Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

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

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

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

Peel Hall Sale by Savills Manchester Wins Top Award at NW Insider Property Awards

(IN BRIEF) The Savills Manchester development team has received the ‘Deal of the Year’ award at the North West Insider Residential Property Awards for their role in the sale of Peel Hall in Warrington. The award was shared among Savills, … Read the full press release

Amelia Airlines Elevates Sustainability with Neste’s Sustainable Aviation Fuel

(IN BRIEF) Neste and French regional airline Amelia have entered into a partnership to use blended Neste MY Sustainable Aviation Fuel™ (SAF). Starting from January 1, 2024, Amelia has been using this sustainable aviation fuel for all flights departing from … Read the full press release

Rheinmetall MAN Military Vehicles UK to Deliver 500 HX PLS Trucks to British Army

(IN BRIEF) Rheinmetall MAN Military Vehicles UK (RMMV UK) has secured a £282 million contract to deliver 500 HX 8×8 Palletised Load System (PLS) trucks to the UK Ministry of Defence (MoD) under the Rapid Procurement framework. The contract, awarded … Read the full press release

ING Repurchases 10,876,229 Million Shares in Ongoing €2.5 Billion Buyback Program

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

(IN BRIEF) ING has provided an update on its €2.5 billion share buyback program initiated in November 2023. During the week of January 29, 2024, to February 2, 2024, ING repurchased 10,876,229 shares at an average price of €12.45, totaling … Read the full press release

Geeta Gopalan Joins NatWest Group Board as Independent Non-Executive Director

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest Group plc (NWG) has announced the appointment of Geeta Gopalan as an independent non-executive director, effective from July 1, 2024. Geeta brings substantial financial and banking expertise and has a strong track record as a non-executive director … Read the full press release

Vodafone and e& Unite to Address Growing VoLTE Demand in Global Telecom Sector

(IN BRIEF) Vodafone and e&, two telecommunications industry leaders, have formed a strategic partnership to provide comprehensive, managed voice solutions to other telecom operators. This collaboration aims to assist operators with their international voice traffic needs and the growing demand … Read the full press release

Outokumpu Oyj repurchased 426,341 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel producer, has successfully completed its share repurchase program, acquiring a total of 426,341 shares across multiple trading venues at an average price of EUR 3.98 per share, totaling EUR 1,697,261.85. The buyback program, … Read the full press release

Beiersdorf Secures Coveted Spot on CDP’s ‘Triple A List’ for Second Consecutive Year

(IN BRIEF) Beiersdorf has proudly earned a spot on CDP’s prestigious “Triple A List” for the second year in a row, recognizing its outstanding commitment to environmental sustainability. Among over 21,000 companies worldwide, Beiersdorf is one of only ten to … Read the full press release

Deloitte Tapped as Potential Auditor for ING from 2026 Onward

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

(IN BRIEF) ING Group has announced its intention to nominate Deloitte Accountants BV as its external auditor for a four-year term starting on January 1, 2026, subject to approval at the 2024 Annual General Meeting of Shareholders. This decision is … Read the full press release

Circular Mobility: Orange Business’ Comprehensive Solution to Reduce Telecom Carbon Impact

(IN BRIEF) Orange Business has launched “Circular Mobility,” an initiative aimed at reducing the carbon footprint associated with telecom usage. This offering covers various aspects of the mobile fleet lifecycle, including equipment, connectivity, and services, and incorporates sustainable mobile phones, … Read the full press release

Eni CEO and Indonesian President Discuss Energy Transition and Gas Potential in High-Level Meeting

(IN BRIEF) The President of Indonesia, Joko Widodo, met with Claudio Descalzi, the CEO of Eni, in Jakarta to discuss Eni’s ongoing projects and future initiatives in Indonesia. Descalzi highlighted Eni’s significant milestones in 2023, including the discovery of 5 … Read the full press release