Month: June 2024

ArrowMark Financial Corp. Announces Q1 2024 Results and Cash Distribution of $0.45 per Share for the Second Quarter 2024

Written by Customer Service on June 14, 2024. Posted in Dividend Reports And Estimates.

DENVER, June 14, 2024 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.45 per share for the second quarter 2024. The total distribution of $0.45 per share will be payable on June 28, 2024 to shareholders of record on June 24, 2024. “We are very pleased to announce the net income for Q1 2024 was $0.70 per share, well in excess of the quarterly distribution amount of $0.45 per share. Over the past four years, the Fund has consistently over-earned its quarterly distribution rate. This has allowed the Fund to deliver on its objective to provide shareholders with consistent income” said Chairman & CEO Sanjai Bhonsle. About...

Arhaus Debuts New Showroom in Carlsbad, California

Written by Customer Service on June 14, 2024. Posted in Public Companies.

The premium home retailer unveils its second location in San Diego CountyArhaus Showroom CarlsbadArhaus Showroom CarlsbadArhaus Showroom CarlsbadArhaus Showroom CarlsbadBOSTON HEIGHTS, Ohio, June 14, 2024 (GLOBE NEWSWIRE) — Arhaus, a leader in artisan-crafted furniture and home décor, announces the opening of its new 15,411 square-foot showroom at The Beacon La Costa in Carlsbad, California. Located in the coastal city north of San Diego, Arhaus promises an inspiring destination for high-quality furniture and home décor, alongside the center’s collection of thoughtfully curated shops, eateries, and more. This showroom marks the brand’s twelfth location in California, and sixth to open within the past year as part of Arhaus’ ongoing West Coast expansion. Other nearby locations include Newport Beach and San...

Tenaris completes Third Tranche and commences Fourth Tranche of its USD1.2 Billion Share Buyback Program

Written by Customer Service on June 14, 2024. Posted in Public Companies.

LUXEMBOURG, June 14, 2024 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today the completion of the third tranche and the commencement of the fourth tranche of its USD1.2 billion Share Buyback Program announced on November 1, 2023 (the “Program”). During the third tranche, which ran from May 13, 2024, to (and including) June 13, 2024, the Company purchased a total of 18,080,524 ordinary shares for a total consideration of EUR276,630,414, or USD300 million. As of June 14, 2024, the Company held in treasury 34,447,527 ordinary shares (including 16,367,003 ordinary shares bought in the second tranche), equal to 2.96% of the total issued share capital. On June 14, 2024, Tenaris entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”) for the...

ASLAN Pharmaceuticals Announces Plan to Implement ADS Ratio Change

Written by Customer Service on June 14, 2024. Posted in Public Companies.

SAN MATEO, Calif. and SINGAPORE, June 14, 2024 (GLOBE NEWSWIRE) — ASLAN Pharmaceuticals (“ASLAN” or the “Company”, Nasdaq: ASLN), a clinical-stage, immunology-focused biopharmaceutical company developing innovative treatments to transform the lives of patients, today announced that it plans to change the ratio of the American Depositary Shares (“ADSs”) to its ordinary shares, par value $0.01 per share, from one (1) ADS representing twenty-five (25) ordinary shares to one (1) ADS representing two hundred (200) ordinary shares. For the Company’s existing ADS holders, the change in the ADS ratio will have the same effect as a one-for-eight reverse ADS split. There will be no change to the Company’s ordinary shares. The effect of the ratio change on the ADS trading price on the Nasdaq Capital Market is expected to take place at the...

Costamare Inc. Announces Full Redemption of its Outstanding Shares of Series E Preferred Stock

Written by Customer Service on June 14, 2024. Posted in Public Companies.

MONACO , June 14, 2024 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that the Company will redeem all of its outstanding shares of 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”, and the redemption thereof, the “Redemption”) held by shareholders (the “Holders”), pursuant to that certain Statement of Designation, dated as of January 26, 2018. The Company expects the redemption date for the shares of Series E Preferred Stock to occur on July 15, 2024 (the “Redemption Date”). The redemption price of the shares of Series E Preferred Stock will be $25.00 per share plus accrued and unpaid dividends in respect of the Series E Preferred Stock up to, but not including, the Redemption Date (the “Redemption Price”). As of the date of this press...

Ready Capital Corporation Declares Second Quarter 2024 Dividends

Written by Customer Service on June 14, 2024. Posted in Dividend Reports And Estimates.

NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) — Ready Capital Corporation (NYSE:RC) (the “Company”) announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of common stock and Operating Partnership unit for the quarter ended June 30, 2024. This dividend is payable on July 31, 2024, to shareholders of record as of the close of business on June 28, 2024. Additionally, the Company announced that its Board of Directors declared quarterly cash dividends on its 6.25% Series C Cumulative Convertible Preferred Stock (the “Series C Preferred Stock”), and its 6.50% Series E Cumulative Redeemable Preferred Stock (the “Series E Preferred Stock”). The Company declared a dividend of $0.390625 per share of Series C Preferred Stock payable on July 15, 2024, to Series C Preferred stockholders of record as of the close...

Rafael Holdings Reports Third Quarter Fiscal 2024 Financial Results

Written by Customer Service on June 14, 2024. Posted in Earnings Releases And Operating Results.

Strategically focused on generating shareholder value by advancing our portfolio and identifying attractive investment opportunities with substantive upside potential NEWARK, N.J., June 14, 2024 (GLOBE NEWSWIRE) — Rafael Holdings, Inc. (NYSE: RFL), today reported its financial results for the third quarter and the first nine months of fiscal 2024 ended April 30, 2024. “During fiscal 2024, we have continued to develop our existing portfolio while actively evaluating opportunities for strategic investment,” said Bill Conkling, CEO of Rafael Holdings. Bill added, “We are particularly pleased that Cyclo Therapeutics (Nasdaq:CYTH) announced the completion of enrollment in its pivotal Phase 3 study evaluating Trappsol® Cyclo™ for the treatment of Niemann-Pick Disease Type C1, a rare and fatal genetic disease. We are also encouraged...

U.S. Global Investors Maintains Monthly Dividends, Reports Surge in Share Buybacks Amid Record Gold Prices and Optimistic Global Airlines Outlook

Written by Customer Service on June 14, 2024. Posted in Public Companies.

GROW’s Shareholder Yield More Than Double the Yield on Government BondsTreasury Department, U.S. Global InvestorsSan Antonio, TX, June 14, 2024 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, is pleased to announce that it will continue its payment of monthly dividends. The Company’s Board of Directors (the “Board”) approved payment of the $0.0075 per share per month dividend beginning in July 2024 and continuing through September 2024. The record dates are July 15, August 12 and September 16, and the payment dates will be July 29, August 26 and September 30. The Company has paid a monthly dividend since June 2007, and at the June 12, 2024, closing price of $2.60, the $0.0075 monthly dividend...

Roanoke Gas Company Celebrates Historic Milestone: New Interstate Natural Gas Pipeline Mountain Valley Makes Initial Delivery to the Roanoke Valley

Written by Customer Service on June 14, 2024. Posted in Public Companies.

ROANOKE, Va., June 14, 2024 (GLOBE NEWSWIRE) — In the midst of celebrating more than 140 years of serving the Roanoke Valley, Roanoke Gas Company, a subsidiary of RGC Resources, Inc. (Nasdaq: RGCO) announced a significant milestone in its long, proud history. For the first time since 1965, the Roanoke Valley now has access to a new interstate natural gas pipeline, the Mountain Valley Pipeline (MVP). Roanoke Gas has two interconnects with the new pipeline and began receiving delivery of natural gas from MVP today, June 14, 2024. Paul Nester, President and CEO of Roanoke Gas stated, “The new and abundant supply of natural gas that MVP provides will allow Roanoke Gas to meet the continually increasing residential, commercial and industrial demand for natural gas in our service territory and will further propel economic development...

Ceylon Graphite Announces Warrant Exercise Incentive Program

Written by Customer Service on June 14, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, June 14, 2024 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces today that it intends to amend the terms of 7,222,222 outstanding common share purchase warrants (the “Warrants”) due to expire on October 26, 2024 pursuant to a proposed warrant incentive program (the “Program”). The Warrants were issued in connection with a private placement of convertible debentures that closed on October 26, 2023, and are currently exercisable at $0.06 per common share. The Program will commence on the date of TSX Venture Exchange (“TSXV”) approval and will expire 30 days from the date of such approval at 4:00 p.m. (Vancouver time). For the duration of the Program, the exercise price of the Warrants will be amended to $0.05 per common share. If a Warrant...

Month: June 2024

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