Tag Archives: Financial

Outokumpu Successfully Acquires 266,213 Shares in Share Repurchase Program

(IN BRIEF) On January 26, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 266,213 of its own shares across various trading venues, with a total cost of EUR 1,073,521.31. This initiative, which began following the announcement … Read the full press release

Outokumpu Share Repurchase Program: Secures 34,800 of Its Own Shares

(IN BRIEF) On January 25, 2024, Outokumpu concluded its share repurchases, acquiring its own shares across various trading venues. The total cost amounted to EUR 140,695.46 for a total of 34,800 shares, with weighted average prices per share rounded to … Read the full press release

Outokumpu Successfully Completes Share Repurchase Program, Acquiring 153,195 Total Shares

(IN BRIEF) On January 24, 2024, Outokumpu finalized the repurchase of its own shares, totaling 153,195 shares across various trading venues, with a weighted average price of EUR 3.99 per share and a total cost of EUR 611,483.24. This share … Read the full press release

SEB Tops Prospera’s 2023 Institutional Banking Survey for Third Consecutive Year

(IN BRIEF) In the Prospera Institutional Banking 2023 survey, SEB has once again secured its position as the best bank in the Nordic region for the third consecutive year. The bank ranks first overall, as well as in Sweden and … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 195,429 Shares; Total Treasury Shares Now at 29,493,887

(IN BRIEF) On January 23, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 195,429 of its own shares across different trading venues at weighted average prices ranging from EUR 3.955 to EUR 3.9669 per share, resulting … Read the full press release

Georgia’s Food Alliance Flourishes with EBRD and EU Support

(IN BRIEF) Food Alliance, a Georgian frozen pastry producer, has received support from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) through the EU4Business-EBRD Credit Line in Georgia since 2017. This assistance includes modern equipment, … Read the full press release

Outokumpu’s Share Repurchase Program Nets Over 244,000 Acquired Shares

(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring a total of 244,303 of its own shares across various trading venues at a weighted average price of EUR 3.99 per share, amounting to a total cost of EUR … Read the full press release

ANDRITZ to Unveil 2024 Growth Strategy at Capital Markets Day in Leipzig

(IN BRIEF) International technology group ANDRITZ is set to unveil its 2024 growth strategy during its Capital Markets Day event on January 24 in Leipzig, Germany. The event will feature presentations by ANDRITZ Executive Board members, providing updates on the … Read the full press release

Altor Raises Largest-Ever Fund at EUR 3 Billion, Focuses on Green Transition Investments

(IN BRIEF) Altor has successfully closed Altor Fund VI at its hard cap of EUR 3 billion, marking the firm’s largest fund to date. With a track record of strong performance, including a 29% gross IRR and 3.0x money multiple … Read the full press release

Bentley Achieves Strong Sales and Surges in Luxury Personalization Despite Challenges in 2023

(IN BRIEF) Bentley Motors, renowned for luxury cars, reported its third-best year in 2023, with global sales reaching 13,560 vehicles, although this represented an 11% decrease from the previous year. The company noted a significant rise in customer interest in … Read the full press release

Societe Generale and IFC Strengthen Partnership to Accelerate Sustainable Finance in Developing Countries

(IN BRIEF) Societe Generale and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a Collaboration Framework Agreement to further their collaboration on sustainable finance initiatives in developing countries, aligning with their shared commitment to … Read the full press release

Outokumpu Successfully Acquires 184,718 Shares in Share Repurchase Program

(IN BRIEF) On January 18, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 184,718 of its own shares across various trading venues at an average price of EUR 4.03 per share. This initiative was part of … Read the full press release

ANDRITZ Expands Environmental and Energy Focus with New Business Area and Financial Reporting Changes

(IN BRIEF) International technology group ANDRITZ has announced the establishment of a new business area called “Environment & Energy” to consolidate its environmental and energy-focused technologies, aiming to better align with the markets it serves. ANDRITZ Environment & Energy offers … Read the full press release

Eurex Expands ESG Derivatives Offering with Socially Responsible Investing Futures

(IN BRIEF) Eurex, Europe’s leading derivatives exchange, is set to introduce futures on Socially Responsible Investing (SRI) indices, broadening its ESG-linked product range in collaboration with index providers STOXX and MSCI. These new derivatives contracts, starting trading on January 22, … Read the full press release

Record-Breaking Year for European Offshore Wind in 2023, With Positive Outlook and Investments

(IN BRIEF) Europe experienced a remarkable year in offshore wind energy in 2023, witnessing a record 4.2 GW of new offshore wind farms coming online, marking a 40% increase from the previous year. Investments of €30 billion were confirmed for … Read the full press release

Outokumpu Completes Share Buyback Program, Acquiring 281,802 Treasury Shares

(IN BRIEF) On January 17, 2024, Outokumpu, a Finnish stainless steel manufacturer, successfully concluded its share buyback program, repurchasing a total of 281,802 of its own shares across various trading venues. The company had initiated the program on November 29, … Read the full press release

Norsk Hydro Completes Share Buyback Program, Boosting Equity Stake to 1.53%

(IN BRIEF) Norsk Hydro ASA has successfully concluded its share buyback program, which began on September 22, 2023, and concluded on February 29, 2024. The program resulted in the acquisition of a total of 31,255,117 shares, equivalent to 1.53% of … Read the full press release

Copper Giant Outokumpu Completes Repurchase of 254,118 Shares Worth EUR 1 Million

(IN BRIEF) On January 16, 2024, Outokumpu announced the completion of its share repurchase program, which included the acquisition of 254,118 of its own shares across various trading venues. The weighted average price per share was approximately 4.09 EUR, resulting … Read the full press release

Nordic Investment Bank Issues NZD 600 Million Kauri Bond, Named ‘Kauri Issuer of the Year’

(IN BRIEF) On January 15, the Nordic Investment Bank (NIB) issued a new NZD 600 million Kauri bond, reaffirming its presence in the Kauri Market and receiving recognition as the ‘Kauri Issuer of the Year’ at the KangaNews 2023 awards. … Read the full press release

Aviva Completes £140 Million Bulk Annuity Deal to Secure Member Benefits

(IN BRIEF) Aviva has successfully finalized a £140 million bulk purchase annuity full scheme buy-in transaction with the Trustee of the Guilbert UK Retirement Benefits Plan, sponsored by Office Depot UK Pension Sponsor Limited. This transaction covers around 1,500 members … Read the full press release