Day: January 22, 2021

SmartCentres Declares Distribution for January 2021

TORONTO, Jan. 22, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of January 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on February 16, 2021 to unitholders of record on January 29, 2021.About SmartCentresSmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has approximately $10.4 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with over 97% occupancy, on 3,500 acres of owned land across Canada.SmartCentres...

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Kearny Financial Corp. Announces Authorization of 5% Stock Repurchase Plan

FAIRFIELD, N.J., Jan. 22, 2021 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company for Kearny Bank, announced today that the Board of Directors has authorized a new stock repurchase plan to acquire up to 4,210,520 shares or approximately 5% of the Company’s outstanding common stock. In conjunction with this announcement the Company also announced the completion of its previously disclosed stock repurchase plans which authorized the repurchase of 9,218,324 and 4,475,523 shares, respectively. Such shares were repurchased at a cost of $117.9 million, or $12.79 per share, and $46.9 million, or $10.48 per share, respectively.Repurchases will be made from time to time in the open market, through block trades, in privately negotiated stock purchases or pursuant to any trading plan that may be...

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Prudential Bancorp, Inc. Announces First Quarter Fiscal 2021 Results

PHILADELPHIA, Jan. 22, 2021 (GLOBE NEWSWIRE) — Prudential Bancorp, Inc. (the “Company”) (Nasdaq:PBIP), the holding company for Prudential Bank (the “Bank”), reported net income of $1.8 million, or $0.23 per diluted share, for the quarter ended December 31, 2020 as compared to $2.5 million or $0.28 per diluted share, for the comparable period in 2019.Dennis Pollack, President and CEO, commented, “We are very pleased to report continued positive operating results. We are continuing to closely monitor the rapidly challenging environment surrounding the continuing COVID-19 pandemic but remain confident in our long-term strength and stability and our ability to weather the storm of this crisis. We continue to evaluate and implement strategies to enhance shareholder value including stock repurchase programs and the maintenance of our...

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BJ’s Restaurants, Inc. Announces Completion of $30 million ATM Offering

HUNTINGTON BEACH, Calif., Jan. 22, 2021 (GLOBE NEWSWIRE) — BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced that it completed a $30 million sale (before commission and other fees) of its common stock through its “at-the market” (“ATM”) offering program previously disclosed. The offering was upsized by $5 million from the previous announcement. The Company intends to use the net proceeds for working capital, general corporate purposes, other capital expenditures and new restaurant expansion.This press release is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy any shares of the Company.About BJ’s Restaurants, Inc.BJ’s Restaurants, Inc. (“BJ’s”) is a national brand with brewhouse roots and a menu where craft matters. BJ’s broad menu has something for everyone: slow-roasted entrees,...

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HCI Group Agrees to Acquire Insurance Business in Four Northeast States from United Insurance Holdings Corp.

TAMPA, Fla., Jan. 22, 2021 (GLOBE NEWSWIRE) — HCI Group, Inc. (NYSE: HCI), an InsurTech company with operations in insurance, software development and real estate, has entered into a renewal rights agreement, dated January 18, 2021, with United Insurance Holding Corp. (NASDAQ: UIHC) pursuant to which United is to transition to HCI all its personal lines insurance business in the states of Connecticut, New Jersey, Massachusetts and Rhode Island.“We’re excited to enter into this agreement with United,” said HCI Group Chairman and Chief Executive Officer Paresh Patel. “When fully consummated, these transactions will accelerate our strategic plan to expand nationally. We will acquire not only a seasoned book of business, but also an established agent network and important underlying data.”   About HCI Group, Inc.HCI Group, Inc. is an...

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Legato Merger Corp. Announces Closing of Upsized $205,000,000 Initial Public Offering

New York, NY, Jan. 22, 2021 (GLOBE NEWSWIRE) — Legato Merger Corp.(NASDAQ: LEGOU) (the “Company”) announced today that it consummated its upsized initial public offering of 20,500,000 units at $10.00 per unit generating total gross proceeds of $205,000,000.  The units were listed on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “LEGOU” and began trading on Wednesday, January 20, 2021.  Each unit consists of one share of common stock and one warrant to purchase one share of common stock at a price of $11.50 per share, subject to adjustment. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on Nasdaq under the symbols “LEGO” and “LEGOW,” respectively.EarlyBirdCapital, Inc. acted as the sole book running manager for the offering. I-Bankers Securities,...

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To support its fibre development in rural areas and underline the value of its infrastructure, Orange creates Orange Concessions through a partnership with long term investors

Press releaseParis, 22 January 2021To support its fibre development in rural areas and underline the value of its infrastructure, Orange creates Orange Concessions through a partnership with long term investorsWith over 4.5 million FTTH plugs, Orange Concessions will be the leading fibre network operator in rural FranceFollowing a competitive process including leading international investors, the best offer to acquire a 50% co-controlling equity interest of Orange Concessions was from La Banque des Territoires (Caisse des Dépôts), CNP Assurances (« CNP ») and EDF Invest consortiumThis transaction values Orange Concessions at 2.675 billion eurosIn line with its Engage 2025 strategic plan, this partnership gives Orange the flexibility to reinforce its development in fibre, notably in rural areasOrange has entered into an exclusivity agreement...

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Pour soutenir son développement dans la fibre en zone rurale et valoriser ses infrastructures, Orange crée Orange Concessions en s’associant avec des investisseurs de long terme

Communiqué de presseParis, 22 janvier 2021Pour soutenir son développement dans la fibre en zone rurale et valoriser ses infrastructures, Orange crée Orange Concessions en s’associant avec des investisseurs de long termeAvec plus de 4,5 millions de prises FTTH, Orange Concessions sera le premier opérateur de réseaux fibre en zone rurale.A l’issue d’un processus compétitif de portée internationale, la meilleure offre pour une participation de 50% de co-contrôle du capital d’Orange Concessions est celle du consortium regroupant La Banque des Territoires (Caisse des Dépôts), CNP Assurances (« CNP ») et EDF Invest.Cette transaction valorise Orange Concessions à 2,675 milliards d’euros.Conformément aux ambitions de son plan stratégique Engage 2025, ce partenariat permet à Orange de dégager les marges de manœuvre pour appuyer son développement...

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Nabis Holdings Inc. informiert über wichtige Änderung zur Umsetzung des Angebots

NICHT ZUR WEITERGABE AN US-NACHRICHTENAGENTUREN ODER ZUR VERBREITUNG IN DEN VEREINIGTEN STAATEN BESTIMMTWICHTIGE ANWEISUNGEN ZUM ERHALT VON WERTPAPIEREN IM RAHMEN DES ANGEBOTSVANCOUVER, British Columbia, Jan. 22, 2021 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) („Nabis“ bzw. das „Unternehmen“) informiert über eine wichtige Änderung des zuvor angekündigten Angebots des Unternehmens (in der jeweils gültigen Fassung das „Angebot“) im Rahmen des kanadischen Bankruptcy and Insolvency Act, gemäß dem das Unternehmen eine Rekapitalisierung seiner im Umlauf befindlichen unbesicherten, mit 8,0 % verzinsten Wandelschuldverschreibungen in Höhe von 35 Millionen CAD (die „Schuldverschreibungen“) und aller anderen Schuldtitel des Unternehmens vornehmen wird (die „Rekapitalisierung“).Gemäß der Pressemitteilung des...

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Jushi Holdings Inc.’s BEYOND / HELLO to Open Its 14th Dispensary Nationally and Fourth in Illinois: BEYOND / HELLO™ Bloomington

BOCA RATON, Fla., Jan. 22, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced it will open its 16th dispensary nationally and fourth retail location in Illinois: BEYOND / HELLO™ Bloomington. The new store location will begin serving adult-use cannabis customers on Tuesday, January 26, 2021.“A year after Illinois’ adult-use program launched, legal cannabis sales surpassed more than $1 billion,” said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi. “Located in one of the fastest growing metropolitan areas in Illinois that’s home to two universities, our second retail location in Bloomington-Normal and fourth in the state will help us meet the unprecedented consumer demand for cannabis products in...

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