Tag Archives: capital allocation

HENSOLDT Confirms 2026 Financial Targets and Lifts Adjusted Free Cash Flow Guidance to Around 50 Percent

(IN BRIEF) HENSOLDT has increased its adjusted free cash flow guidance for the 2026 financial year, raising expected conversion on adjusted EBITDA from around 40 percent to around 50 percent. The improvement is primarily driven by higher customer advance payments, … Read the full press release

Fresenius Medical Care Plans 12-Month Share Buyback Program Following Completion of Previous EUR 1 Billion Repurchase

(IN BRIEF) Fresenius Medical Care has announced a new share buyback program with a total volume of around EUR 1 billion, to be executed in tranches over 12 months from the start of the program. The buyback is expected to … Read the full press release

Stora Enso Continues Strategic Transformation While Managing Rising Geopolitical and Operational Pressures

(IN BRIEF) Stora Enso reported stable first-quarter 2026 sales of EUR 2.358 billion while adjusted EBIT declined 9 percent to EUR 159 million amid continued market weakness, foreign exchange impacts and operational ramp-up costs at its Oulu production site in … Read the full press release

bp Appoints Carol Howle as Deputy Chief Executive Officer to Lead Strategy and Portfolio Review

(IN BRIEF) bp has appointed Carol Howle as deputy chief executive officer, expanding her responsibilities alongside her existing leadership of the supply, trading and shipping division. She will now oversee the company’s portfolio review and long-term strategy development, with the … Read the full press release

Prudential Increases Investment in Malaysian Life Insurance Operations Through Strategic Acquisition

(IN BRIEF) Prudential plc has agreed to acquire an additional 19% stake in Sri Han Suria Sdn. Bhd., increasing its total ownership of Prudential Assurance Malaysia Berhad to 70% and reinforcing its long-term commitment to the Malaysian insurance market. The … Read the full press release

Norden Advances Strategic Fleet Renewal with Vessel Divestments, MPP Newbuilds and Share Buybacks

(IN BRIEF) Norden has sold one MR tanker and one Capesize vessel from its owned fleet, taking advantage of strong asset market conditions in both dry cargo and tanker segments. Alongside these divestments, the company is expanding its project cargo … Read the full press release

BP Taps CRH Veteran Albert Manifold as Next Board Chair

IN BRIEF) BP has appointed Albert Manifold—former CEO of CRH plc—as its next chair. He will join the board on 1 September and take over from Helge Lund on 1 October. Manifold’s tenure at CRH saw significant portfolio reshaping, capital discipline, and … Read the full press release

Amrize Unveils Bold North American Growth Blueprint Ahead of U.S. Listing

(IN BRIEF) Amrize is set to host its Investor Day in New York today at 9:00 a.m. Eastern Time, where it will outline its business strategy, growth plans, and mid-term financial targets as it prepares for its planned U.S. listing … Read the full press release