Day: September 27, 2022

Aegon completes share buyback program to neutralize 2021 final dividend paid in shares

Aegon completes share buyback program to neutralize 2021 final dividend paid in shares

The Hague, September 27, 2022 – Aegon has completed the share buyback program announced on July 1, 2022, aimed at neutralizing the dilutive effect of the 2021 final dividend paid in shares. The repurchased shares will be held as treasury shares and will be used to pay future dividends in shares. Between July 7, 2022 and September 27, 2022, common shares for an amount of EUR 107 million were repurchased. A total of 24,363,895 common shares were repurchased at an average price of EUR 4.38 per share. This share buyback is in addition to the existing EUR 300 million share buyback that was announced on March 23, 2022. The second tranche of this share buyback for an amount of EUR 100 million commenced on July 7, 2022 and was completed on September 27, 2022. About Aegon Aegon is an integrated, diversified, international financial services...

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Aegon to repurchase shares to neutralize 2022 interim dividend paid in shares

Aegon to repurchase shares to neutralize 2022 interim dividend paid in shares

The Hague, September 27, 2022 – Aegon will repurchase common shares for an amount of EUR 133 million to neutralize the dilutive effect of the 2022 interim dividend paid in shares. These shares will be held as treasury shares and will be used to pay future stock dividends in shares. Shareholders were given the opportunity to choose between receiving the 2022 interim dividend of EUR 0.11 per common share in cash or in shares. The stock dividend and the cash dividend are approximately equal in value. 60% of shareholders elected to receive the final dividend in shares. Those who elected stock dividend received one Aegon common share for every 42 common shares held. The stock fraction is based on Aegon’s average share price as quoted on Euronext Amsterdam, using the high and low of each of the five trading days from September 8...

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AVANTE LOGIXX INC. ANNOUNCES APPOINTMENT OF RAJ KAPOOR AS CHIEF FINANCIAL OFFICER

AVANTE LOGIXX INC. ANNOUNCES APPOINTMENT OF RAJ KAPOOR AS CHIEF FINANCIAL OFFICER

Not for distribution to U.S. news wire services or for dissemination in the United States Toronto, Ontario, Sept. 27, 2022 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSXV: XX) (“Avante” or the “Company”) is pleased to announce the appointment of Raj Kapoor as Avante’s Chief Financial Officer. Raj will be responsible for the finance function at Avante and its subsidiaries, assessing acquisition opportunities, integrating acquired businesses, and analyzing the Company’s financial performance. Mr. Kapoor brings thirty years of progressive experience as a financial executive in Toronto and Seattle, USA.  Most recently, he was Vice President, Finance and Administration at Optimus SBR Inc., a management consulting firm in Toronto.  Prior roles include: Vice President, Finance and Operations at Baymount Inc., Chief Financial Officer at BizXchange...

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Clear Blue Technologies Receives $5 Million Grant Funding from SDTC

Clear Blue Technologies Receives $5 Million Grant Funding from SDTC

Non-Dilutive, Non-Interest-Bearing Capital Grant for R&D Activities TORONTO, Sept. 27, 2022 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue” and the “Company”) (TSXV: CBLU), the Smart Off-Grid Company™, announces a $5 million grant from Sustainable Development Technology Canada (“SDTC”). Clear Blue Technologies is part of a cohort of six innovative Canadian companies who were selected to receive a cumulative $18.7 million in funding today, following a process that began at the beginning of 2022. SDTC will release these funds to Clear Blue in equal installments over the next 3 years. This funding will allow Clear Blue to launch its recently announced Pico-Grid product line and accelerate the Company’s market leadership in smart analytics via the use of machine learning and artificial intelligence...

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Immune Therapeutics Appoints H. Louis Salomonksy to its Board of Directors

Immune Therapeutics Appoints H. Louis Salomonksy to its Board of Directors

ORLANDO, FL, Sept. 27, 2022 (GLOBE NEWSWIRE) — Immune Therapeutics, Inc. (OTC PINK:IMUN) (“Immune” or “IMUN”), a specialty pharmaceutical company involved in the acquisition, development, and commercialization of pharmaceutical and biotechnology products with a well-defined path to market, today announced the appointment of Louis Salomonsky to the Company’s Board of Directors. “On behalf of the Board and leadership of Immune, I would like to welcome Louis to Immune’s Board,” said Dr. Stephen Wilson, CEO of Immune. “Mr. Salomonsky’s operational leadership, as well as his track record of deal-making and financial acumen, will be instrumental in moving our programs forward.” Commenting on his appointment, Mr. Salomonsky said, “I am excited to join Immune’s Board to help advance the company’s cutting-edge...

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Navico Group Bolsters ACES Strategy with the Launch of  New Fathom e-Power System

Navico Group Bolsters ACES Strategy with the Launch of New Fathom e-Power System

Navico Group Bolsters ACES Strategy with the Launch of New Fathom e-Power System Navico Group Bolsters ACES Strategy with the Launch of New Fathom e-Power System LOWELL, Mich., Sept. 27, 2022 (GLOBE NEWSWIRE) — Navico Group, the world’s leading supplier of integrated systems and products, announced today the launch of the new Fathom® e-Power System, an integrated lithium-ion auxiliary power management system that delivers reliable power and unparalleled performance for the marine and RV sectors. The Fathom system offers advanced digital controls and monitoring of power consumption, delivering information on demand and providing complete control for the user. “Navico Group’s portfolio of diverse products and brands puts us in a unique position to deliver advanced integrated technologies like the Fathom e-Power System,” said...

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Progressus Clean Technologies and BioQuest Corp. Discontinue Negotiations of Potential Acquisition

Progressus Clean Technologies and BioQuest Corp. Discontinue Negotiations of Potential Acquisition

As a result of significant due diligence, Progressus board and management determined that the proposed sale to BioQuest Corp. would not provide a satisfactory outcome for Progressus shareholders. Parties have discontinued negotiations pursuant to the LOI previously announced on June 23, 2022. No definitive agreement had been entered into between the parties. TORONTO, Sept. 27, 2022 (GLOBE NEWSWIRE) — September 27, 2022 – Progressus Clean Technologies Inc. (“Progressus” or the “Company”) provides notice that it has discontinued negotiations with BioQuest Corp. (OTC:BQST) (“BioQuest”) pursuant to the LOI executed and announced June 23, 2022 whereby BioQuest would acquire all of the issued and outstanding shares of Progressus. BackgroundOn June 23, 2022, Progressus executed a Letter of Intent (“LOI”) with BioQuest Corp. (OTC:BQST)...

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Global Tech Industries Group, Inc. Announces a Board Decision to set a New Strike Price for the outstanding Warrants

Global Tech Industries Group, Inc. Announces a Board Decision to set a New Strike Price for the outstanding Warrants

New York, NY, Sept. 27, 2022 (GLOBE NEWSWIRE) — (GTII: OTCQB) Global Tech Industries Group, Inc. (“GTII” or “The Company”), www.gtii-us.com announced today that its board of directors approved management’s request to lower the original strike price of the Warrants, which were distributed last year (the “Warrant Distribution”), to a new strike price of $2.00. While the original strike price of $2.75 appears to be within reach, the Company is desirous of rewarding its loyal shareholders with an opportunity to participate at a lower price. The process to change the strike price, and to register the underlying stock with such new strike price, will be underway shortly. The terms of the Warrant Distribution provide that the Company’s shareholders of record as of the close of trading on April 1, 2021, the record date for the Warrant...

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Nokia Corporation: Repurchase of own shares on 27.09.2022

Nokia Corporation: Repurchase of own shares on 27.09.2022

Nokia CorporationStock Exchange Release27 September 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 27.09.2022 Espoo, Finland – On 27 September 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 438,548 4.44 CEUX 13,866 4.45 AQEU 5,086 4.43 TQEX 2,500 4.42 Total 460,000 4.44 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation...

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Endonovo Therapeutics Signs Definitive Asset Purchase Agreement to Acquire A Highly Profitable Texas Concrete Construction Company

Endonovo Therapeutics Signs Definitive Asset Purchase Agreement to Acquire A Highly Profitable Texas Concrete Construction Company

Los Angeles, CA., Sept. 27, 2022 (GLOBE NEWSWIRE) — Endonovo Therapeutics Inc. (OTCQB: ENDV) and Western Star Concrete LLC, a highly profitable Texas concrete construction company located in the greater Dallas region, today announced the signing of a definitive purchase agreement for Endonovo to acquire all of Western Star’s assets and business operations. The Agreement is a unique opportunity to greatly enhance Western Star’s position as a regional leader in the specialty concrete construction sector with multiple expansion opportunities generally throughout the Southeast region of the US. Presently, Western Star business generates revenue with net annual operating profits of $6.3 million. “The acquisition of the Western Star assets and the opportunities to expand into other geographic regions in Texas present significant opportunities...

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