Tag Archives: Financial

Outokumpu Completes Share Repurchase Program, Acquiring 157,620 Treasury Shares

(IN BRIEF) Outokumpu has successfully completed its share repurchase program, acquiring a total of 157,620 treasury shares across multiple trading venues at an average price of EUR 4.46 per share. The program, announced on November 29, 2023, allowed for the … Read the full press release

Outokumpu Unveils Share-Based Programs for 2024–2026 with Focus on Sustainability and Performance

(IN BRIEF) Outokumpu’s Board of Directors has approved the initiation of the company’s share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for the period spanning from 2024 to 2026. These programs will commence at the beginning … Read the full press release

EIB Sets 2024 Issuance Target at €60 Billion with Borrowing Authorization of €65 Billion

(IN BRIEF) The European Investment Bank (EIB) has outlined its financial plans for 2024, aiming to issue approximately €60 billion in bonds for the year. This issuance target was approved by the EIB Board of Directors in their December meeting, … Read the full press release

TotalEnergies Agrees to 5% Salary Increase and Value Sharing Bonus for French Employees

(IN BRIEF) TotalEnergies has signed a wage agreement for 2024 with majority approval (71%) from the CFE-CGC, CFDT, and CAT trade unions. The agreement covers approximately 14,000 employees in France who fall under the Common Corpus of Employee Relations Agreements … Read the full press release

Orange Acquires Treasury Shares for Long-Term Incentive Plans

(IN BRIEF) Orange has announced its purchase of treasury shares as part of its 2023 share buyback program. These shares have been acquired to fulfill obligations related to long-term incentive plans designed for corporate officers and senior employees. These incentive … Read the full press release

BNP Paribas Launches Climate Impact Infrastructure Debt Initiative to Finance Climate Change Mitigation

(IN BRIEF) BNP Paribas has introduced the BNP Paribas Climate Impact Infrastructure Debt initiative, backed by BNP Paribas Asset Management (BNPP AM), BNP Paribas Corporate & Institutional Banking (BNPP CIB), and BNP Paribas Cardif, as part of their aligned commitments … Read the full press release

Outokumpu Completes Share Repurchase Program: Acquires 170,090 Own Shares

(IN BRIEF) On December 12, 2023, Outokumpu has successfully completed its share repurchase program, buying back a total of 170,090 of its own shares on trading venues CEUX and XHEL. The repurchase program, which was announced on November 29, 2023, … Read the full press release

Voith Group Achieves Robust Performance Amidst Challenging Environment, Prioritizes Sustainability and Growth

(IN BRIEF) The Voith Group has demonstrated resilience and achieved strong results during the 2022/23 fiscal year, navigating a challenging economic environment successfully. The company reported positive growth across key performance indicators, with orders received surpassing expectations at €6.14 billion, … Read the full press release

ING Repurchases Over 22 Million Shares as Part of €2.5 Billion Buyback Program

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

(IN BRIEF) ING has announced that it repurchased 22,450,729 shares during the week of December 4 to December 8, 2023, as part of its €2.5 billion share buyback program initiated on November 2, 2023. These shares were acquired at an … Read the full press release

Airbus SE Announces Share Buyback Transactions to Support Employee Share Ownership Plan

(IN BRIEF) Airbus SE has reported a series of share buyback transactions as part of its ongoing share buyback program, initiated on November 20, 2023. The purpose of this program is to partially fund Airbus’ Employee Share Ownership Plan (ESOP). … Read the full press release

Lagardère’s Shareholder Vivendi Extends Rights to Sell Shares Until June 2025

(IN BRIEF) Lagardère acknowledges that its shareholder, Vivendi SE, has unanimously approved the extension of the exercise period for the rights to sell Lagardère shares until June 15, 2025. This extension maintains the terms and conditions outlined in the public … Read the full press release

Siemens Announces Virtual Annual Shareholders’ Meeting in February 2024, Proposes Increased Dividend, and Highlights Strong Fiscal Year Performance

(IN BRIEF) Siemens AG has revealed plans for its Annual Shareholders’ Meeting scheduled for February 8, 2024, to be held in a virtual format, following approval at the 2023 Annual Shareholders’ Meeting. The company’s Chairman of the Supervisory Board, Jim … Read the full press release

Shell Announces Dividend Payment Options and Rates for Q3 2023

(IN BRIEF) Shell plc’s Board has disclosed the dividend payment details for the third quarter of 2023. The interim dividend, set at US$0.331 per ordinary share, offers shareholders the flexibility to receive their dividends in US dollars, euros, or pounds … Read the full press release

GPA Plans Equity Offering, Potential Change in Casino’s Stake

(IN BRIEF) Companhia Brasileira De Distribuição (GPA) has taken steps toward a potential primary equity offering, as confirmed in a recent press release. GPA has scheduled an extraordinary general meeting for January 11, 2024, to discuss various matters, including the … Read the full press release

Grupo Calleja Initiates Tender Offer to Acquire Éxito Group Shares

(IN BRIEF) Following Casino Group’s announcement on October 16, 2023, regarding the sale of its total equity interest in Almacenes Éxito S.A. (“Éxito Group”) to Grupo Calleja, the Buyer has officially launched the Tender Offer (Colombian TO) to acquire up … Read the full press release

Outokumpu Completes Share Repurchase, Acquiring Over 169,000 Shares

(IN BRIEF) On December 8, 2023, Outokumpu successfully completed its share repurchase program, acquiring a total of 169,928 of its own shares across two trading venues, CEUX and XHEL. The weighted average price per share stood at EUR 4.33, resulting … Read the full press release

ING Repurchases Nearly 23 Million Shares in Share Buyback Program Update

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

(IN BRIEF) ING has provided an update on its share buyback program, stating that it repurchased 22,777,914 shares during the week of November 27, 2023, up to December 1, 2023. The average price per share was €12.78, totaling €291,049,616.02. This … Read the full press release

Barclays report: UK Consumer Spending Rebounds in November on Early Christmas Shopping and Black Friday Sales

(IN BRIEF) Consumer spending in the UK saw a rebound in November, driven by early Christmas shopping and extended Black Friday sales, according to a Barclays report. Consumer card spending grew 2.9% year-on-year, although it was still lower than the … Read the full press release

Groupe BPCE Exceeds Prudential Capital Requirements Set by ECB for 2024

(IN BRIEF) Groupe BPCE has received notification from the European Central Bank (ECB) regarding its 2024 prudential capital requirements following the Supervisory Review and Evaluation Process (SREP) conducted in 2023. The Common Equity Tier 1 (CET1) requirement for Groupe BPCE … Read the full press release

Societe Generale Issues Landmark Digital Green Bond on Ethereum Blockchain, Pioneering Enhanced Transparency and ESG Traceability

(IN BRIEF) Societe Generale made a groundbreaking move by issuing its first digital green bond on the Ethereum blockchain, with AXA Investment Managers and Generali Investments as key investors. Valued at EUR 10 million with a 3-year maturity, this bond … Read the full press release