Day: September 1, 2021

Brady Corporation increases its dividend to shareholders for the 36th consecutive year

Written by Customer Service on September 1, 2021. Posted in Dividend Reports And Estimates.

MILWAUKEE, Sept. 01, 2021 (GLOBE NEWSWIRE) — On August 31, 2021, Brady Corporation’s (NYSE: BRC) Board of Directors approved an increase in the annual dividend to shareholders of the Company’s Class A Common Stock from $0.88 per share to $0.90 per share. A quarterly dividend to shareholders of the Company’s Class A Common Stock of $0.225 per share will be paid on October 29, 2021, to shareholders of record at the close of business on October 8, 2021. This dividend represents the 36th consecutive annual increase in dividends. Brady Corporation is an international manufacturer and marketer of complete solutions that identify and protect people, products and places. Brady’s products help customers increase safety, security, productivity and performance and include high-performance labels, signs, safety devices, printing systems...

Sun Communities, Inc. Declares Third Quarter 2021 Dividends

Written by Customer Service on September 1, 2021. Posted in Dividend Reports And Estimates.

Southfield, MI, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, today announced its Board of Directors declared a quarterly distribution of $0.83 per share of common stock for the third quarter of 2021. The distribution is payable October 15, 2021 to shareholders of record on September 30, 2021. About Sun Communities, Inc. Sun Communities, Inc. is a REIT that, as of June 30, 2021, owned, operated, or had an interest in a portfolio of 569 developed MH, RV and marina properties comprising over 153,300 developed sites and nearly 41,300 wet slips and dry storage spaces in 39 states and Ontario, Canada. For Further Information...

Gran Tierra Energy Inc. Appoints New Director

Written by Customer Service on September 1, 2021. Posted in Public Companies.

CALGARY, Alberta, Sept. 01, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE), is pleased to announce the appointment of Alison Redford to the Board of Directors of Gran Tierra as an independent director, effective September 1, 2021. Ms. Redford serves as an advisor to national governments and ministries in emerging economies on regulatory reform to promote transparency and investor confidence. She provides independent advice on the creation of regulatory regimes related to climate, social and governance sustainability most recently in Pakistan, Afghanistan, South Sudan and Guyana. Separately, Ms. Redford also serves as a strategic advisor to public companies operating in volatile political climates to assess risk and ensure regulatory compliance, particularly as it relates...

Enstar Completes Acquisition of Controlling Interest in Enhanzed Re

Written by Customer Service on September 1, 2021. Posted in Mergers And Acquisitions.

HAMILTON, Bermuda, Sept. 01, 2021 (GLOBE NEWSWIRE) — Enstar Group Limited (NASDAQ: ESGR) announced today that one of its wholly owned subsidiaries has completed the purchase of the entire 27.7% interest in Enhanzed Reinsurance Ltd. (“Enhanzed Re”) previously held by an affiliate of Hillhouse Group. The purchase price of $217.1 million is based on 90% of Enhanzed Re’s total shareholders’ equity as of June 30, 2021 and is subject to adjustment to reflect the finalization of the Enhanzed Re balance sheet as of that date. With the completion of the purchase, Enstar’s equity interest in the Bermuda-based reinsurer has increased from 47.4% to 75.1%, with joint venture partner, Allianz SE (“Allianz”), continuing to own the remaining 24.9%. Enhanzed Re, which Enstar will consolidate in its future financial statements, has approximately...

Sabre Gold and Golden Predator Announce Anticipated Plan of Arrangement Closing; Attendance at Precious Metals Summit

Written by Customer Service on September 1, 2021. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (formerly Arizona Gold Corp.) (“Sabre Gold” or the “Company”) (TSX: AZG, OTCQB: AGAUF) and Golden Predator Mining Corp. (“Golden Predator”) (TSX.V: GPY, OTCQX: NTGSF) are pleased to announce that all conditions to closing have now been satisfied in respect of the previously announced business combination, pursuant to which Sabre Gold will acquire all of the common shares of Golden Predator by way of a court approved plan of arrangement (the “Arrangement”). Closing of the ArrangementAs previously announced on August 25, 2021, shareholders of both companies overwhelmingly approved all matters voted on at the special meetings, including shareholders of Golden Predator approving the proposed Arrangement. The British Columbia Supreme Court issued the...

Major Drilling Reports Revenue of $151 Million and Net Earnings of $11.1 Million

Written by Customer Service on September 1, 2021. Posted in Earnings Releases And Operating Results.

MONCTON, New Brunswick, Sept. 01, 2021 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI), a leading provider of specialized drilling services to the mining sector (“Major Drilling” or the “Company”), today reported results for the first quarter of fiscal 2022, ended July 31, 2021. HighlightsIndustry upturn gaining momentum Highest quarterly revenue in 9 years at $151.0 million, up 69% as compared to same period last year. EBITDA(1) for the quarter was $24.2 million, an increase of 75% compared to same period last year. Recorded net earnings of $11.1 million or $0.14 per share, the highest in 9 years. McKay acquisition delivering great results.“We’re very pleased with the progress made this quarter as our strategy of having rigs and inventory ready for immediate deployment to customers has delivered results....

Brookfield Office Properties Announces Reset Dividend Rates and Conversion Privileges on Its Class AAA Series R Preference Shares and Class AAA Series S Preference Shares

Written by Customer Service on September 1, 2021. Posted in Dividend Reports And Estimates.

Not for distribution to U.S. newswire services nor for dissemination to the United States.All amounts in Canadian dollars. BROOKFIELD NEWS, Sept. 01, 2021 (GLOBE NEWSWIRE) — Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate and conversion privileges on its Class AAA Preference Shares, Series R (“Series R Shares”) (TSX: BPO.PR.R) and Class AAA Preference Shares, Series S (“Series S Shares”) (TSX: BPO.PR.S). Series R Shares If declared, the fixed quarterly dividends on the Series R Shares for the five years commencing October 1, 2021 and ending September 30, 2026 will be paid at an annual rate of 4.30% ($0.26875 per share per quarter). Holders of Series R Shares have the right, at their option, exercisable no later than 5:00 p.m. (Toronto time) on September...

Ultragenyx to Participate in Panel at Citi’s 16th Annual BioPharma Healthcare Conference

Written by Customer Service on September 1, 2021. Posted in Public Companies.

NOVATO, Calif., Sept. 01, 2021 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel therapies for serious rare and ultra-rare genetic diseases, today announced that Emil D. Kakkis, M.D., Ph.D., the company’s Chief Executive Officer and President will participate in a panel titled Finding a Needle in a Haystack – Drug Development Strategies for Rare Disease on Thursday, September 9, 2021 at Citi’s 16th Annual BioPharma Healthcare Conference at 4:10 PM ET. The live and archived webcast of the presentation will be accessible from the company’s website at http://ir.ultragenyx.com/events.cfm. The replay of the webcast will be available for 90 days. About Ultragenyx Pharmaceutical Inc. Ultragenyx is a biopharmaceutical company...

Luckin Coffee Announces Brief Extension of Milestone Date in Restructuring Support Agreement

Written by Customer Service on September 1, 2021. Posted in Public Companies.

BEIJING, Sept. 01, 2021 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (in Provisional Liquidation) (“Luckin Coffee”) (OTC: LKNCY) today announced that it has extended a milestone under the Restructuring Support Agreement (the “RSA”)1 dated as of March 16, 2021. As previously reported and as further detailed in the RSA, Luckin Coffee expects to implement the restructuring of its US$460 million 0.75% Convertible Senior Notes due 2025 (the “Existing Notes”) through a scheme of arrangement (the “Scheme”) pursuant to section 86 of the Companies Act (2021 Revision) of the Cayman Islands (the “Companies Act”). Luckin Coffee, the Joint Provisional Liquidators,2 and the holders of a majority of Luckin Coffee’s Existing Notes (the “Majority Noteholders”) extended the milestone to launch the Scheme (the “Scheme Launch Milestone”) from September 1,...

Five Below, Inc. Announces Second Quarter Fiscal 2021 Financial Results

Written by Customer Service on September 1, 2021. Posted in Earnings Releases And Operating Results.

EPS increased 125% to $1.15 and Net Sales increased 55% to $647 million versus Q2 2019 Operating Income increased 139% to $86 million versus Q2 2019 PHILADELPHIA, PA, Sept. 01, 2021 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the second quarter and for the year to date period ended July 31, 2021. Given the lack of comparability to the first half of fiscal 2020 due to the impact of COVID-19, results are also compared to the second quarter and year to date period ended August 3, 2019. For the second quarter ended July 31, 2021:Net sales increased by 51.7% to $646.6 million from $426.1 million in the second quarter of fiscal 2020 and by 54.9% from $417.4 million in the second quarter of fiscal 2019; comparable sales increased by 39.2% versus the second quarter of fiscal 2020. For the...

Day: September 1, 2021

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