Search Results for: shareholders

Linde Declares Quarterly Dividend and Approves $15 Billion Share Repurchase Program

(IN BRIEF) Linde plc has announced a quarterly dividend of $1.275 per share, payable on December 18, 2023, to shareholders of record on December 4, 2023. Additionally, the company’s Board of Directors has approved a new share repurchase program for … Read the full press release

EBRD Achieves €3 Billion Investment Target to Support Ukraine Amidst Russian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has successfully met its goal of deploying €3 billion in financing to Ukraine’s real economy in 2022-23 to mitigate the effects of the ongoing conflict with Russia. The investment focuses … Read the full press release

CapMan Announces Date for 1–9 2023 Interim Report Release and Webcast Presentation

(IN BRIEF) CapMan, a leading investment and asset management company, has scheduled the release of its interim report for the period from 1 January to 30 September 2023. The report will be published on Thursday, 26 October 2023, at approximately … Read the full press release

GSK’s ViiV Healthcare to Share Latest Advances in HIV Treatment and Prevention at EACS 2023

(IN BRIEF) ViiV Healthcare, a global specialist HIV company, will present 23 abstracts at the 19th Annual European AIDS Conference (EACS 2023). These abstracts will cover various aspects of HIV treatment and prevention, including real-world data on long-acting and 2-drug … Read the full press release

Accenture Expands Insurance Operations Capabilities with ON Service GROUP Acquisition in Germany

(IN BRIEF) Accenture has acquired ON Service GROUP, a prominent provider of business process services specialized in insurance operations in Germany. This strategic acquisition aims to enhance Accenture’s capabilities in insurance operations, allowing it to offer a wider range of … Read the full press release

MYTILINEOS Earns ‘AA’ Rating for ESG Excellence in MSCI Index

(IN BRIEF) MYTILINEOS Energy & Metals has achieved an “AA” excellent rating for Environmental, Social, and Governance (ESG) practices in the Morgan Stanley Capital International (MSCI) index. This recognition comes just one year after MYTILINEOS entered the MSCI ESG index … Read the full press release

Atos Announces Leadership Transition: Jean Pierre Mustier Appointed Chairman

(IN BRIEF) Bertrand Meunier is stepping down as Chairman and Director of the Board at Atos, leading to changes in the company’s leadership. The Nominations and Governance Committee, with Elizabeth Tinkham as its Chair, conducted a rigorous selection process and … Read the full press release

Valeo Receives €150 Million Investment from EIB for Groundbreaking Green Bond

(IN BRIEF) The European Investment Bank (EIB) has invested €150 million in Valeo’s inaugural €600 million green bond issue, aimed at advancing low-carbon mobility and sustainability. This investment aligns with Valeo’s commitment to carbon neutrality by 2050 and supports projects … Read the full press release

CEOs Express Concerns About Cybersecurity, Despite Recognizing Its Vital Role in Growth, Says Accenture Report

(IN BRIEF) A report from Accenture titled “The Cyber-Resilient CEO” highlights that 74% of CEOs express concerns about their organizations’ ability to defend against cyberattacks, despite 96% recognizing the importance of cybersecurity for organizational growth and stability. The report points … Read the full press release

Atos Appoints Yves Bernaert as CEO to Lead Transformation Plan

(IN BRIEF) Atos’s Board of Directors has named Yves Bernaert as the new Chief Executive Officer (CEO) of the Atos Group, effective immediately. Bernaert’s appointment comes as the company completes its internal operational separation into two separate entities. He brings … Read the full press release

Sandoz Group Lists Shares on SIX Swiss Exchange with CHF 10.3 Billion Market Capitalization

(IN BRIEF) Sandoz Group AG, a Novartis spin-off, officially listed its shares at the SIX Swiss Exchange. With an opening share price of CHF 24.00, the market capitalization of Sandoz reached approximately CHF 10.3 billion. Sandoz’s issued share capital consists … Read the full press release

ARTEC GmbH, Supported by Rheinmetall, Establishes UK Subsidiary for Boxer Armoured Transport Services

(IN BRIEF) ARTEC GmbH, a joint venture involving Krauss-Maffei Wegmann, Rheinmetall Landsysteme, and Rheinmetall Defence Nederland, has established a subsidiary called ARTEC Boxer UK Ltd. This UK-based subsidiary, wholly owned by ARTEC GmbH, will be responsible for providing service and … Read the full press release

BBVA Launches €1 Billion Share Buyback Program, Strengthening Commitment to Shareholder Distributions

(IN BRIEF) BBVA, with a robust capital position boasting a fully-loaded CET1 ratio of 12.99 percent as of June 2023, has announced its intention to initiate a new share buyback program worth €1 billion. This program is considered an extraordinary … Read the full press release

MAHLE and HELLA Sell Behr-Hella Thermocontrol Stake to AUO Corporation for €600 Million

(IN BRIEF) Automotive suppliers MAHLE and HELLA have agreed to sell their respective 50 percent stake in the joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation. The total purchase price for the transaction is based on an enterprise value of … Read the full press release

Rönesans Group Maintains Top 10 Position Among Europe’s Largest International Contractors

(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release

Eni Accelerates Energy Transition with Giant Gas Discovery off Indonesia’s East Kalimantan

(IN BRIEF) Eni, the global energy company, has made a significant gas discovery through the Geng North-1 exploration well off the coast of East Kalimantan in Indonesia. Preliminary estimates suggest a gas volume of 5 trillion cubic feet (Tcf) with … Read the full press release

Oliver Bäte’s Tenure as Allianz SE CEO Extended to 2028

(IN BRIEF) Allianz SE has made notable adjustments to its Board of Management, extending Oliver Bäte’s tenure as Chairman of the Board and CEO until 2028, renewing Andreas Wimmer’s role overseeing Life and Asset Management for five years, and appointing … Read the full press release

Joint Effort by EIB and Santander Portugal Aims to Fuel Investments in the Portuguese Economy

(IN BRIEF) Santander Portugal and the European Investment Bank (EIB) have signed an agreement to help Portuguese mid-cap companies access financing more easily in a challenging financial landscape marked by high interest rates and limited liquidity. Under the deal, EIB … Read the full press release

Shareholder Value: Neste Declares Second Extraordinary Dividend of EUR 0.25

(IN BRIEF) Neste, a Finnish company, has decided to pay a second extraordinary dividend of EUR 0.25 per share, in addition to the regular dividend approved at its Annual General Meeting in March. The second extraordinary dividend will be paid … Read the full press release

EUROGATE and Terminal Investment Extend Partnership for Bremerhaven Terminal until 2048

(IN BRIEF) EUROGATE GmbH & Co. KGaA and Terminal Investment Limited (TiL) have agreed to extend their contract for the joint operation of the container terminal MSC Gate Bremerhaven until 2048. This contract extension, reached a few months before the … Read the full press release

EQT to Sell LimaCorporate to Enovis Corporation, Creating Global Orthopaedic Industry Leader

(IN BRIEF) EQT, in collaboration with its co-shareholders, has agreed to sell LimaCorporate, a global orthopaedic implant manufacturer, to Enovis Corporation, a NYSE-listed company. LimaCorporate, known for its innovative orthopaedic solutions and additive manufacturing expertise, specializes in shoulder, knee, and … Read the full press release

Sandoz Gains Investment-Grade Rating Post Spin-off, Secures Substantial Financing

(IN BRIEF) Novartis has confirmed its plans for a full Spin-off of its Sandoz business, with trading of new Sandoz Group AG shares and ADRs scheduled to begin on October 4, 2023. This comes after receiving shareholder approval and key … Read the full press release

CTP Reveals Growth Ambitions and Positive Lease Signings in 2023

(IN BRIEF) CTP N.V., Europe’s largest listed owner, developer, and manager of logistics and industrial real estate, hosted its 2023 Capital Markets Day in Brno, Czech Republic, followed by asset tours in multiple countries. During the event, the company highlighted … Read the full press release

Pearson Names Omar Abbosh as CEO, Succeeding Retiring Andy Bird

(IN BRIEF) Pearson plc’s Board has appointed Omar Abbosh as the company’s new Chief Executive Officer and Executive Director, effective in early 2024. Abbosh, an accomplished global leader with over three decades of experience in enterprise technology and a successful … Read the full press release

UniCredit Plans €2.5 Billion Share Buy-Back as Part of 2023 Distribution Strategy

(IN BRIEF) UniCredit S.p.A. has announced its intention to launch a tranche of its 2023 share buy-back program, with a maximum value of €2.5 billion. The bank cites its strong capital levels, robust financial performance, solid asset quality, and lower … Read the full press release

ORLEN and Northland Power Secure Financing for Baltic Power Wind Farm

(IN BRIEF) The ORLEN Group and Northland Power have signed credit facility agreements with a syndicate of 25 Polish and international financial institutions to finance the Baltic Power project, the first wind farm to be constructed in Polish waters of … Read the full press release

SEB Announces Date for Annual General Meeting in 2024 and Composition of Nomination Committee

(IN BRIEF) Skandinaviska Enskilda Banken AB (SEB) has scheduled its Annual General Meeting for March 19, 2024. The bank’s Nomination Committee, responsible for proposing Directors and related matters, consists of members appointed by major shareholders, including Petra Hedengran (Investor) as … Read the full press release

E.ON and Employees Fund Construction of School in Earthquake-Hit Turkish City

(IN BRIEF) E.ON, the energy company based in Essen, along with contributions from its employees, is financing the construction of a primary school in Hatay, Turkey, which was severely affected by earthquakes in February 2023. Following the earthquakes, E.ON initiated … Read the full press release

NatWest Group Expands Collaboration with AWS to Harness AI for Financial Wellbeing

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

(IN BRIEF) NatWest Group has announced an expanded collaboration with Amazon Web Services (AWS) to accelerate the use of artificial intelligence (AI), including AWS’s generative AI solutions, to help 10 million people manage their financial wellbeing by the end of … Read the full press release

AB Electrolux Appoints Nomination Committee for 2024 Annual General Meeting

(IN BRIEF) AB Electrolux has announced the appointment of the Nomination Committee for its Annual General Meeting (AGM) in 2024. As per the AGM’s decision, the Nomination Committee will consist of six members. Four of these members are chosen by … Read the full press release

thyssenkrupp Unveils Decarbon Technologies Segment to Lead the Green Transition

(IN BRIEF) Industrial and technology company thyssenkrupp is undergoing a significant transformation, reorganizing its portfolio to create the “Decarbon Technologies” segment, set to launch on October 1, 2023. This new segment will consolidate key technologies for decarbonizing industries, such as … Read the full press release

Aviva Sells Stake in Singapore Life Holdings to Sumitomo Life for £0.8 Billion

(IN BRIEF) Aviva has agreed to sell its 25.9% stake in Singapore Life Holdings, along with two debt instruments, to Sumitomo Life Insurance for a total of £0.8 billion in cash. Sumitomo Life, already a 23.2% shareholder in Singlife, views … Read the full press release

Siemens Report Highlights Divisions in Global Infrastructure Transition Progress

(IN BRIEF) Siemens Smart Infrastructure has published its “Siemens Infrastructure Transition Monitor 2023” report, revealing varying opinions and progress regarding the global infrastructure transition toward decarbonization and resource efficiency. The report, based on a survey of 1,400 senior executives across … Read the full press release

Seadrill Launches $250 Million Share Repurchase Program

(IN BRIEF) Seadrill Limited has initiated a share repurchase program, previously authorized by its Board of Directors, allowing the company to repurchase up to $250 million worth of its common shares. The program, which has no specified time limit, involves … Read the full press release

Societe Generale and Brookfield Asset Management Partner to Launch EUR 10 Billion Private Investment Grade Debt Fund

(IN BRIEF) Societe Generale and Brookfield Asset Management have announced a strategic partnership to create a private investment grade debt fund, with an initial target of EUR 10 billion in assets over the next four years, including EUR 2.5 billion … Read the full press release

EBRD Invests €15 Million in PHH Group to Boost E-commerce Expansion in the Baltic States

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €15 million in PHH Group, a leading e-commerce platform in the Baltic states. This investment aims to support the expansion of PHH Group’s logistical capacity and cross-border fulfillment … Read the full press release

ING Unveils ‘Make it your job’ Campaign Spotlighting Employee Impact and Purpose

(IN BRIEF) ING is launching a new employer branding campaign called ‘Make it your job’ to highlight the positive impact its employees have on customers, the planet, and the financial system. The campaign emphasizes the bank’s employee value proposition, offering … Read the full press release

T-Mobile US Announces $19 Billion Shareholder Return Program and Dividend Increase Plans

(IN BRIEF) T-Mobile US has announced a second phase of its shareholder return program, allocating up to $19 billion for the period from Q4 2023 to the end of 2024. This program includes quarterly dividends totaling approximately $3.75 billion, beginning … Read the full press release

VINCI Commits to Sustainable Olympics as Official Partner of Paris 2024 Games

(IN BRIEF) VINCI Group has become an Official Supporter of the Paris 2024 Olympic and Paralympic Games, emphasizing its commitment to sustainability and community impact. VINCI aims to reduce carbon emissions for the event by over 50% compared to previous … Read the full press release

Shell Announces Q2 2023 Interim Dividend Payments in Multiple Currencies

(IN BRIEF) The Board of Shell plc has disclosed the dividend payments for the second quarter 2023 interim dividend, which was declared at US$0.331 per ordinary share on July 27, 2023. Shareholders were given the option to receive dividends in … Read the full press release