Day: May 1, 2024

Enact Announces 16% Increase to Quarterly Dividend and New $250 Million Share Repurchase Program

Written by Customer Service on May 1, 2024. Posted in Dividend Reports And Estimates.

RALEIGH, N.C., May 01, 2024 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.185 per common share, an increase of 16% from the prior quarter’s dividend. This dividend will be payable on June 13, 2024, to shareholders of record on May 29, 2024. Future dividends will be subject to Board approval. Additionally, Enact announced that its Board of Directors authorized a new share repurchase program under which the company may purchase up to $250 million of its common stock. The new share repurchase authorization is in addition to the company’s current $100 million share repurchase program, of which $24 million remains as of April 26th, 2024. “Today’s announcement...

Oil-Dri Completes Strategic Acquisition of Ultra Pet, Strengthening its Position in the Cat Litter Industry

Written by Customer Service on May 1, 2024. Posted in Mergers And Acquisitions.

CHICAGO, May 01, 2024 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC) (“Oil-Dri”), a leading manufacturer of sorbent minerals including clay-based cat litter, announces the closing of its previously announced $46 million acquisition of Ultra Pet Company, Inc. (“Ultra Pet”), a prominent supplier of silica gel-based crystal cat litter. The transaction was financed through a combination of cash-on-hand and Oil-Dri’s existing credit facilities. To ensure the successful integration of Ultra Pet into Oil-Dri’s business, key leaders from both companies will leverage their expertise and resources to implement a unified strategy to expand the company’s presence in the rapidly growing crystal cat litter segment. The combined team will also focus on optimizing operations and blending cultures, with an emphasis on ethics and...

H&E Equipment Services Completes Acquisition of Lewistown Rental and Affiliated Companies

Written by Customer Service on May 1, 2024. Posted in Mergers And Acquisitions.

BATON ROUGE, La., May 01, 2024 (GLOBE NEWSWIRE) — H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the completion of its acquisition of Montana-based Lewistown Rental and three of its affiliated companies located in Havre, Glasgow and Great Falls, Montana. The acquisition adds a comprehensive mix of equipment with an original equipment cost of approximately $28.5 million. Brad Barber, chief executive officer of H&E, stated, “With the addition of these four locations, H&E now has six locations in the state of Montana, addressing customer needs across the state. The acquisition is our third in the last six months and is indicative of our continued focus on expanding our geographic reach in the U.S. We are encouraged by the growing prospects for non-residential, industrial, infrastructure...

Devon Energy Reports First-Quarter 2024 Results and Declares Quarterly Dividend

Written by Customer Service on May 1, 2024. Posted in Dividend Reports And Estimates.

OKLAHOMA CITY, May 01, 2024 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2024. The company also declared its quarterly dividend and provided an updated outlook for 2024. Devon’s earnings release, supplemental financial tables, guidance and related earnings presentation can be accessed via the Investor Relations section of Devon’s website, www.devonenergy.com. The company’s first-quarter conference call will be held at 10:00 a.m. Central (11:00 a.m. Eastern) on Thursday, May 2, 2024, and will serve primarily as a forum for analyst and investor questions and answers. ABOUT DEVON ENERGY Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined...

Call Now Heating and Cooling Expands Operations with Acquisition of Phoenix Comfort Systems

Written by Customer Service on May 1, 2024. Posted in Mergers And Acquisitions.

Call Now Doubles Their Ability to Serve CustomersLucky Tales RescueCall Now Heating & Cooling partners with local animal shelterCall Now HVAC van out in the wildCall Now expands their teamIndependence, KY, May 01, 2024 (GLOBE NEWSWIRE) — Call Now Heating and Cooling is pleased to announce its recent acquisition of Phoenix Comfort Systems, marking a significant expansion for the company. With this acquisition, Call Now Heating and Cooling now boasts two convenient locations, doubling its capacity to better serve customers in the Northern Kentucky and Greater Cincinnati regions. This expansion means that Call Now Heating and Cooling now has twice the number of dedicated professionals ready to meet your heating and cooling needs. With four Master Licensed HVAC Technicians on staff, Call Now Heating and Cooling...

Calian to Hold Conference Call Following Announcement of Second Quarter FY 2024 Results

Written by Customer Service on May 1, 2024. Posted in Public Companies.

OTTAWA, May 01, 2024 (GLOBE NEWSWIRE) — Calian® Group Ltd. (TSX:CGY), a diverse products and services company providing innovative healthcare, communications, learning and cybersecurity solutions, will hold a conference call at 8:30 a.m. Eastern Time on Wednesday, May 15, 2024, to discuss results for the three-month period ended March 31, 2024. The results will be released on Tuesday, May 14, 2024, after financial markets close. Interested participants from the financial and media community should join the live presentation by going to the Calian website and clicking on the Investors section to find the conference call link or directly via the following URL: https://edge.media-server.com/mmc/p/49965ggv A replay of the audio webcast will be available at the same location following the conclusion of the call. About Calianwww.calian.com We...

Altus Group Announces Voting Results from 2024 Annual General Meeting of Shareholders

Written by Customer Service on May 1, 2024. Posted in Public Companies.

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus Group” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate, today released the final voting results from its annual general meeting of shareholders (the “Meeting”) held virtually earlier today. A total of 35,317,565 common shares were represented at the Meeting, representing 76.63% of the 46,088,721 Common Shares of the Company as at the record date on March 18, 2024. Each of the nominees proposed for election as a director as listed in the Company’s Management Information Circular dated March 18, 2024, was elected by a majority of votes to serve until the next annual meeting or until a successor is elected or appointed, as detailed below:Name of Nominee Votes For % Votes Withheld %Wai-Fong Au 34,014,520 97.99 699,187 2.01William...

KVH Industries to Host First Quarter Conference Call on May 6, 2024

Written by Customer Service on May 1, 2024. Posted in Public Companies.

MIDDLETOWN, R.I., May 01, 2024 (GLOBE NEWSWIRE) — KVH Industries, Inc. (Nasdaq: KVHI), will announce its financial results for the first quarter that ended on March 31, 2024, on Monday, May 6, 2024. In conjunction with the release, the company will conduct its investor conference call at 4:30 p.m. ET, hosted by Mr. Brent Bruun, CEO and Mr. Anthony Pike, CFO. A live broadcast of the call will be available online at investors.kvh.com. In addition, an audio replay of the conference call will be available on the website for at least two weeks. To listen to the replay, visit investors.kvh.com starting three hours following the conclusion of the call. Investors who wish to submit questions during or following the call may do so to IR@kvh.com. About KVH Industries, Inc. KVH Industries, Inc. is a global leader in maritime and mobile connectivity...

Awilco Drilling Plc: Keppel denied leave to appeal the ruling of the AR2 arbitration tribunal

Written by Customer Service on May 1, 2024. Posted in Public Companies.

Further to the stock exchange releases of 23 November 2023 and 15 January 2024 from Awilco Drilling PLC (“Awilco Drilling”) regarding the termination of the newbuilding contract between Awilco Rig 2 Pte. Ltd. (“AR2”) and Keppel FELS Limited (“KFELS”) for the construction of a semi-submersible drilling rig, hull number B382. The Company has today received the decision of the High Court refusing Keppel’s application for leave to appeal the award of the AR2 arbitration tribunal. The award is in AR2’s favour in an amount of USD 43.0 million plus interest and legal costs. Unless the parties can mutually agree, the tribunal will issue a further award related to interest and costs. We will revert once the award has been received and the amounts of interest and costs have been determined. Aberdeen, 1 May...

Danone acquires Functional Formularies

Written by Customer Service on May 1, 2024. Posted in Mergers And Acquisitions.

Press release – Paris, May 01, 2024 Danone acquires Functional Formularies Danone announces today it has successfully completed the acquisition of Functional Formularies, a leading whole foods tube feeding business in the US, from Swander Pace Capital. As part of the Renew Danone strategy, this acquisition strengthens Danone’s Medical Nutrition portfolio in the US by further expanding its enteral tube feeding ranges. Juergen Esser, Deputy CEO and CFO, said: “As a global leader in Medical Nutrition, we are delighted to welcome Functional Formularies to Danone. We are confident that with the addition of the greatly differentiated product portfolio of Functional Formularies, which complements our existing Real Food Blends branded range, we are even better positioned to support the nutritional needs of tube-fed families and patients.” About...

Day: May 1, 2024

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