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Day: June 22, 2022

Timbercreek Financial Declares June 2022 Dividend

TORONTO, June 22, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on July 15, 2022 to holders of Common Shares of record on June 30, 2022. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price (the...

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Cityview Acquires Apartment Community in Southeast Portland

Burnside apartment community Cityview acquires Burnside apartment community in Southeast PortlandPORTLAND, Ore., June 22, 2022 (GLOBE NEWSWIRE) — Cityview, a vertically-integrated multifamily investment management and development firm, has acquired Burnside 26, a four-story podium-style apartment community in Southeast Portland that features 135 homes with 1,300 square feet of available restaurant space. Burnside 26 is located in a highly desirable, amenitized and walkable submarket 1.5 miles east of downtown and across the river with bustling entertainment and nightlife, including 64 restaurants and bars within a four-block radius. One of only seven institutional properties in the nearby residential upscale submarkets, the property maintains an impressive walk score of 97 and bike score of 99 with front door access to one of...

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PSB Holdings, Inc. Increases Semi-Annual Cash Dividend To $0.25 Per Share

WAUSAU, Wis., June 22, 2022 (GLOBE NEWSWIRE) — PSB Holdings, Inc. (OTCQX: PSBQ), parent company of Peoples State Bank, is pleased to announce that on June 21, 2022, its Board of Directors declared a regular semi-annual cash dividend of $0.25 per share of the Company’s common stock. The dividend is payable July 29, 2022 to shareholders of record as of July 15, 2022 and represents an increase of 8.7% over the $0.23 per share semi-annual cash dividend declared on June 15, 2021. The current dividend continues a 58-year tradition of cash dividends to PSB shareholders including 29 consecutive years of increased cash dividends declared per share. PSB President and CEO Scott M. Cattanach said, “We continued to deliver strong returns on tangible capital throughout the pandemic and believe we are well positioned to cope with rising interest...

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FinWise Bancorp Announces Appointment of Simon Darchis as Vice President, Director of Specialty Lending 

MURRAY, Utah, June 22, 2022 (GLOBE NEWSWIRE) — FinWise Bancorp (NASDAQ: FINW) (“FinWise” or the “Company”), the parent company of FinWise Bank, today announced the appointment of Simon Darchis as Vice President, Director of Specialty Lending. Mr. Darchis will replace David Tilis effective immediately. Mr. Tilis has decided to leave the Company, but has agreed to stay on as a consultant for a period of one year to facilitate a seamless transition.   Mr. Darchis has been with FinWise for over four years and has been instrumental in the buildout and management of the Company’s Strategic Lending Program.  “Simon worked intimately with David and is a strong operator and experienced business leader, which combined with our deep specialty finance team in place, positions us for a seamless transition,” said Kent Landvatter, Chief Executive...

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Actelis Networks Reports Fiscal First Quarter 2022 Results

21% Year-Over-Year Increase in Revenues to $1.9 million for First Quarter 2022 121% Year-Over-Year increase in non-GAAP customer backlog of open orders Delivered an initial order during the first Quarter of 2022, as part of a three-year contract from a leading global partner specializing in in airport operations management systems to supply Actelis’ products to airports in 39 countries Actelis products were selected for deployment by a European energy company, providing power to the capital city of a major European country and we have delivered an initial order during the First Quarter of 2022FREMONT, Calif., June 22, 2022 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid-deployment networking solutions for wide-area IoT networks, reported financial...

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Worthington Reports Fourth Quarter Fiscal 2022 Results

COLUMBUS, Ohio, June 22, 2022 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.5 billion and net earnings of $80.3 million, or $1.61 per diluted share, for its fiscal 2022 fourth quarter ended May 31, 2022. In the fourth quarter of fiscal 2021, the Company reported net sales of $978.3 million and net earnings of $113.6 million, or $2.15 per diluted share. Results in both the current and prior year quarter were impacted by certain unique items, as summarized in the table below. (U.S. dollars in millions, except per share amounts)    4Q 2022     4Q 2021      After-Tax     Per Share     After-Tax     Per Share  Net earnings   $ 80.3     $ 1.61     $ 113.6     $ 2.15  Impairment and restructuring (gains) charges     (1.8 )     (0.03 )     10.9       0.20  Incremental expenses...

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Steelcase Reports First Quarter Fiscal 2023 Results

Strong growth in revenue and orders included broad-based strength in Americas and EMEA segments Significant inflation continued to impact results, driving additional pricing actions Acquisition of Halcon supports growth strategies with uncompromising design and master craftsmanship Second quarter outlook anticipates seasonal revenue improvement with increased inflationary pressures and continued supply chain challengesGRAND RAPIDS, Mich, June 22, 2022 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $740.7 million, a net loss of $11.4 million, or $0.10 per share, and an adjusted loss per share of $0.05. In the prior year, Steelcase reported revenue of $556.6 million and a net loss of $28.1 million, or $0.24 per share, and had an adjusted loss per share of $0.22. Revenue and order growth...

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Vow ASA: Vow subsidiary to deliver rotation moulding furnace

Vow ASA subsidiary C.H. Evensen Industriovner AS has been awarded a contract to supply a rotation moulding furnace to a leading manufacturer of polyethylene boats. The contract is valued at NOK 16.5 million. Delivery is scheduled for second quarter 2023. Boats cast in polyethylene are light, robust, and highly versatile, and well suited for both professional and recreational use, and rotation moulding furnaces from C.H. Evensen are a key component in the production process. “We delivered the first rotation moulding furnace to this customer three decades ago. Since then and together with the customer, we have continually updated and upgraded the technology. The new version now on order offers significant benefits in terms of efficiency, reducing production and processing time with around 30 percent, which again results in significant energy...

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Adoption of all resolutions by the Shareholders’ meeting of 16 June 2022

Adoption of all resolutions by the Shareholders’ meeting of 16 June 2022   Paris, 22 June 2022, The Annual General meeting of Quadient (Euronext Paris: QDT) was held on 16 June 2022 under the chairmanship of Mr. Didier Lamouche. All submitted resolutions were adopted, with shareholders participation of 71.46%. The Shareholders’ meeting approved the renewal of the terms of Mr. Didier Lamouche, Mrs. Nathalie Wright and Mrs. Martha Bejar. In addition, the cooptation of Mrs. Paula Felstead was approved, and her mandate renewed. The General Meeting also renewed all the financial delegations granted to the Board of Directors. Lastly, the Shareholders’ meeting approved the distribution of a €0.55 per share cash dividend to be paid in one installment on 8 August 2022. A replay of the webcast of the Annual general meeting and the result of the...

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PGS ASA: Completion of share buy-back

22 June, 2022 – Reference is made to the stock exchange release by PGS ASA (the «Company») on 22 June 2022 regarding the initiation of a share buy-back program to cover settlement of Performance based Restricted Stock Units under the Company’s 2019 Long Term Incentive Plan for employees. On 22 June 2022, PGS ASA has purchased a total of 500,000 own shares at the Oslo Stock Exchange at an average price of NOK 7.2583 per share, and the Company has now completed the buy-back program. Date on which the buy-back program was announced: 22 June 2022 Duration of the buy-back program: Until 22 June 2022 (originally no later than 24 June 2022, however the program was completed before the deadline) Overview of transactions:       Date Aggregated daily volume (number of shares) Weighted average share price per day (NOK Total daily transaction...

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