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Month: June 2020

Harvest Oil & Gas Announces Results of 2020 Annual Meeting of Stockholders

HOUSTON, June 18, 2020 (GLOBE NEWSWIRE) — Harvest Oil & Gas Corp. (OTCQX: HRST) (“Harvest” or the “Company”) announced today the results of the voting of stockholders at its annual meeting of stockholders held on June 16, 2020 (the “Annual Meeting”). A summary of the matters voted upon and the voting results for each matter are set forth below.Proposal 1: To elect five directors to serve until the 2021 Annual Meeting of Stockholders.The stockholders elected each of Timothy S. Caflisch, Patrick Hickey, Michael E. Mercer, James F. Murchison and Steven J. Pully as directors of the Company to serve until the 2021 Annual Meeting of Stockholders and until their respective successors have been duly elected and qualified.Proposal 2: Advisory approval of the compensation of named executive officers.The stockholders approved, on an advisory...

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Prudential Bancorp, Inc. Announces Adoption of New Stock Repurchase Program

PHILADELPHIA, June 18, 2020 (GLOBE NEWSWIRE) — Prudential Bancorp, Inc. (the “Company”) (Nasdaq: PBIP) announced today that its Board of Directors approved the Company’s fourth stock repurchase program covering up to 407,000 shares or approximately 5% of its issued and outstanding shares of common stock.  The Company has completed its third repurchase program, repurchasing all 900,000 shares covered by the program at an average cost of approximately $13.40 per share. The shares covered by the fourth repurchase program may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors over a one-year period or such longer period of time as may be necessary to complete such repurchases.The actual timing, number and value of shares repurchased under the stock...

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AutoWeb Reports Preliminary May & April 2020 Results

TAMPA, Fla., June 18, 2020 (GLOBE NEWSWIRE) — AutoWeb, Inc. (Nasdaq: AUTO), a robust digital marketing platform providing advertising solutions for automotive dealers and OEMs, is reporting select preliminary unaudited results for May and April 2020.“Given the unprecedented circumstances surrounding the coronavirus pandemic, we are providing an intra-quarter update to be as transparent as we can with our stockholders,” said Jared Rowe, President and CEO of AutoWeb. “We have continued to see improvements across our business over the past two months. Our retail dealer ‘suspend’ status has improved by nearly 70% since mid-April, and we have continued to serve as a strategic partner to both our dealer and OEM customers during this important time. I am incredibly proud of our team’s effort to support the consumers and customers that...

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Abercrombie & Fitch Co. Announces Pricing of $350 Million of Senior Secured Notes due 2025

NEW ALBANY, Ohio, June 18, 2020 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) (“A&F”) announced today that A&F’s indirect wholly-owned subsidiary, Abercrombie & Fitch Management Co. (“A&F Management”), has priced its offering of $350 million aggregate principal amount of 8.75% senior secured notes due 2025 (the “Senior Secured Notes”).  This represents a $50 million increase in the original offering amount of the Senior Secured Notes.  The Senior Secured Notes will mature on July 15, 2025.  The Senior Secured Notes were priced at 100% of face amount for a yield to maturity of 8.75%.  The offering is expected to close on July 2, 2020, subject to market and other customary conditions.The Senior Secured Notes will be guaranteed on a senior secured basis, jointly and severally, by A&F and each...

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Century Aluminum Company Announces Pricing of $250 Million of Senior Secured Notes

CHICAGO, June 18, 2020 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) (“Century”) today announced the pricing of its previously announced private offering of $250,000,000 aggregate principal amount of senior secured notes due 2025 (the “New Notes”). The New Notes will be issued at a price equal to 99.0% of their face value. The New Notes will pay interest semi-annually in arrears on January 1 and July 1 of each year, beginning on January 1, 2021, at a rate of (i) 10.00% per annum in cash and (ii) 2.00% per annum in the form of additional notes or in cash, at Century’s option. The New Notes will mature on July 1, 2025, unless earlier redeemed or repurchased. The sale of the New Notes is expected to close on July 1, 2020, subject to customary closing conditions.Net proceeds from the sale of the New Notes, together with...

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Host Hotels & Resorts, Inc. Recommends That Holders of Operating Partnership Units of Host Hotels & Resorts, L.P. Reject “Mini-Tender” Offer by Mackenzie Capital Management, LP

BETHESDA, Md., June 18, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”) has learned that MacKenzie Capital Management, LP (“Purchaser”) made an unsolicited “mini-tender” offer for up to 90,000 operating partnership units (“OP Units”) of Host Hotels & Resorts, L.P. (“Host L.P.”) at a price of $8.55 per OP Unit less cash distributions made by Host L.P. after May 31, 2020 (the “MacKenzie Offer”).  This follows multiple earlier “mini-tender” offers by the Purchaser launched between 2016 and 2019.  Neither the Company nor Host L.P. are in any way associated with the MacKenzie Offer, and holders of OP Units are under no obligation to take any action with respect to the MacKenzie Offer.Mini-tender offers seek less than 5 percent of a company’s outstanding equity. This allows the offering company...

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WashREIT to Release Second Quarter 2020 Results on Tuesday, July 28th

WASHINGTON, June 18, 2020 (GLOBE NEWSWIRE) — WashREIT (NYSE:WRE), a leading owner of multifamily and commercial properties in the Washington, DC area, will release second quarter earnings results after market close on Tuesday, July 28, 2020.The conference call will be held on Wednesday, July 29th, at 9:00 am ET.  Conference call access information is as follows:Instant replay of the conference call will be available until Wednesday, August 12, 2020, at 11:00 pm ET. Instant replay access information is as follows:The live webcast of the conference call will be available on the investor section of WashREIT’s website at www.washreit.com.  WashREIT owns and operates uniquely positioned real estate assets in the Washington, DC Metro area. Backed by decades of experience, expertise, and ambition, we create value by transforming...

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Osisko Releases 2019 Sustainable Development Report

TORONTO, June 18, 2020 (GLOBE NEWSWIRE) — Osisko Mining Inc. (OSK:TSX “Osisko” or the “Corporation”), is pleased to announce that it has published its 2019 Sustainable Development report which provides a detailed overview of the Company’s environmental, social, and governance (ESG) performance and economic contributions to the communities in which we operate. The report is available on the Osisko website www.osiskomining.com in English and French.Osisko Mining believes that being a good corporate citizen involves delivering environmental stewardship, protecting the health and well-being of our workforce and our neighbours, engaging with stakeholders and being an economic stimulus for our host communities.Our focus is to deliver lasting value to our stakeholders, our host communities and our employees. As...

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Osisko publie son rapport de développement durable 2019

TORONTO, 18 juin 2020 (GLOBE NEWSWIRE) — Minière Osisko inc. (OSK : TSX; « Osisko » ou la « Société ») a le plaisir d’annoncer la publication de son rapport de développement durable 2019, qui brosse un tableau détaillé de la performance de la Société face aux enjeux environnementaux, sociaux et de gouvernance (ESG) et des contributions économiques aux communautés où nous exerçons nos activités. Le rapport est disponible sur le site web d’Osisko à l’adresse : www.miniereosisko.com en anglais et en français.Osisko croit qu’être une bonne entreprise citoyenne implique d’assurer une bonne gestion de l’environnement, de protéger la santé et le bien-être de nos travailleurs et de nos voisins, de dialoguer avec nos parties prenantes, et de servir de moteur économique pour nos communautés d’accueil.Nous mettons nos efforts sur la création...

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Royalty Pharma Announces Closing of Initial Public Offering

NEW YORK, June 18, 2020 (GLOBE NEWSWIRE) — Royalty Pharma plc (NASDAQ: RPRX) today announced the closing of the initial public offering of 89,333,920 shares of its Class A ordinary shares pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (“SEC”) at a price to the public of $28.00 per share. The size of the IPO was increased from the previously announced 70,000,000 Class A ordinary shares.  The company offered 71,652,250 Class A ordinary shares and the selling shareholders offered 17,681,670 Class A ordinary shares. The number of Class A ordinary shares issued at closing included the exercise in full of the underwriters’ option to purchase 11,652,250 additional Class A ordinary shares from the company.  The Class A ordinary shares began trading on the Nasdaq Global Select Market...

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