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Month: June 2024

Worthington Enterprises Increases Quarterly Dividend by 6.25%

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) — The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.17 per share, which represents an increase of $0.01 per share or 6.25 percent from the prior quarter. The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968. Worthington Enterprises, a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, will hold its quarterly earnings conference call tomorrow at 8:30 a.m. ET. The Company will discuss its fiscal fourth quarter results, which will be released later today after the market closes. Please click here to register for tomorrow’s...

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Connexa Announces 1:20 Reverse Split to Remedy Bid Price Delisting Notice

Reverse Split has been approved to take place on June 27, 2024Windsor Mills, MD, June 25, 2024 (GLOBE NEWSWIRE) — Connexa Sports Technologies Inc. (Nasdaq: YYAI), the owner of Slinger Bag and Gameface, announced today announced that it will effect a 1-for-20 reverse stock split of its common stock, par value $0.001 per share. The common stock will continue to be traded on Nasdaq under the symbol “YYAI” and will begin trading on a reverse split-adjusted basis when the market opens on June 27, 2024. The new CUSIP of the Company’s common stock will be 831445408. Post-reverse split, the number of the Company’s outstanding shares will be 2,042,669. At the Company’s 2024 Annual Meeting of Stockholders on May 15, 2024, the Company’s stockholders approved the proposal to authorize a reverse stock split of the Company’s common stock...

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Bekaert to implement liquidity agreement with Kepler Cheuvreux

Bekaert to implement liquidity agreement with Kepler Cheuvreux Bekaert announces that it has entered today into a liquidity agreement with Kepler Cheuvreux in relation to its ordinary shares admitted to trading on Euronext Brussels (ISIN Code BE0974258874). This liquidity agreement provides for the purchase and sale of Bekaert shares by Kepler Cheuvreux on the regulated market of Euronext Brussels and with the purpose of supporting the liquidity of the Bekaert shares. Kepler Cheuvreux will be acting on behalf of Bekaert and on a discretionary basis, as authorized by the Extraordinary General Meeting of Bekaert of 13 May 2020. The liquidity program will start on 1 July 2024 for a 12-month renewable period. To execute the liquidity agreement, Bekaert is making € 3.5 million available to Kepler Cheuvreux. In accordance with the conditions...

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Artesian Resources Corporation’s Annual Charitable Golf Tournament Raises Nearly $135,000

NEWARK, Del., June 25, 2024 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA) announced that its Annual Charitable Golf Outing raised nearly $135,000, bringing the thirteen-year total to $875,000. Over 175 golfers representing Artesian’s valued vendors and business partners gathered on June 3rd at the DuPont Country Club in Wilmington, Delaware to support local charitable organizations. “We are immensely grateful for the generous support from our business partners to be able to once again have such an incredibly successful event. Their continued partnership with us each year enables Artesian to have a positive impact on local charities across the Delmarva Peninsula,” said Dian C. Taylor, Chair and CEO. Our gold sponsors this year were:AssuredPartners Austin & Bednash Construction, Inc. Core & MainEagle...

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Higher cantonal composition authority approved the amendments to the terms of the 2024 convertible bonds

Ad hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland – June 25, 2024 Idorsia Ltd (SIX: IDIA) today announced that the hearing by the higher cantonal composition authority (obere kantonale Nachlassbehörde) (the Court) in relation to its outstanding convertible bonds originally maturing on July 17, 2024 (ISIN: CH0426820350) (the Bonds), was held today and that the Court approved the amendments of the Bond terms decided at the bondholder meeting held on May 6, 2024. Idorsia will announce when it has received the written statement of the grounds. The amended terms will become effective, if no appeal is filed against the court decision, within 30 days from the official publication of the written statement of the grounds. Notes to the editor About IdorsiaIdorsia Ltd is reaching out for more – We have more ideas, we see more opportunities...

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Solvay showcases the leadership positions, strong cash generation and growth prospects of its Performance Chemicals business

Solvay held a webinar for the investment community on its Performance Chemicals business Brussels, June 25, 2024, 5.45 pm CEST Solvay’s management today held a webinar on its Performance Chemicals segment, which includes the Silica, Special Chem and Coatis business units. These activities produce additives and ingredients that are essential to the daily lives of the people. Management set out how Solvay’s Performance Chemicals segment (40% of Solvay 2023 net sales) shares common value creation drivers with Solvay’s other business units from a Commercial, Innovation, Quality of Assets or Supply Chain perspective. Furthermore, the webinar demonstrated the proven track record and resilience of cash generation of the Performance Chemicals business, delivering EBITDA growth of more than 4% and an average cash conversion ratio above 70% over...

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The Marquie Group Issues Shareholder Update

ST. PETERSBURG, Fla., June 25, 2024 (GLOBE NEWSWIRE) — The Marquie Group, Inc. (OTCMKTS:TMGI) Dear Valued Shareholders – we are pleased to announce the successful completion of an agreement between Ulta Beauty and our subsidiary, Simply Whim for the Whim brand in the health and beauty space. Under the terms of the agreement, we are free to expand our Whim product portfolio beyond our current offerings leading to an expanded product line while sharing the brand with the largest beauty products retailer in the United States. This significant development is the latest in our journey as we complete the transition from a solely broadcasting-focused entity to a dynamic company specializing in consumer-facing, health and beauty product development, sales, and marketing. Whim has successfully launched several beauty products, with...

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Toll Brothers Opens Three New Model Homes at its Retreat at Town Center Community in Palm Coast, Florida

Serene community setting offers water or preserve views and an ideal Florida lifestyle PALM COAST, Fla., June 25, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, today announced the grand opening of three new model homes at its Retreat at Town Center community in Palm Coast, Florida. The professionally decorated model homes are now available for tours at 27 Mahogany Way in Palm Coast. The Retreat at Town Center offers a selection of Toll Brothers luxury paired villas and one- and two-story single-family homes, including some within a gated section of the community. Located just minutes from Flagler Beach, this community features open-concept living, first-floor primary bedroom options, loft and office flex spaces, and 2-car garages. Homes range from 1,503 to 2,540+ square feet,...

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EHang Delivers 27 Units of EH216-S to Wencheng County and Completes First Passenger-Carrying Flight in Wencheng

GUANGZHOU, China, June 25, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced it has received full payment for the initial batch of 30 units of EH216-S passenger-carrying pilotless aircraft and has delivered 27 units to Wencheng County Transportation Development Group Co., Ltd. in Wenzhou, Zhejiang Province. It drives Wencheng’s comprehensive layout in the low-altitude economy industry.(Picture: EHang delivers 27 units of EH216-S to Wencheng) On June 22, the EH216-S pilotless electric vertical takeoff and landing (“eVTOL”) aircraft completed its passenger-carrying debut flight in Wencheng, marking the launch of the cultural tourism initiative of “Low-Altitude Tourism in Wencheng”. During the flight...

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Rackspace Technology and Mendix Partnership Demonstrates Commitment to Leveraging Innovative Technologies to Transform Businesses and New Growth Opportunities for Customers

Alliance Combines Access to Rapid Development via Low-Code Platform with Access to Managed Support on Public and Private Clouds SAN ANTONIO, June 25, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology services company, today announced a strategic partnership with Mendix, a Siemens business and global leader in modern enterprise application development. Under the agreement, Rackspace will add Mendix’s market-leading low-code platform to its Rapid Application Development (RAD) offering. Through this partnership, Rackspace Technology will deploy managed service support for both private and public cloud for Mendix’s customers with access to all major cloud providers, private cloud infrastructure, and Artificial Intelligence (AI) with Foundry for AI by Rackspace (FAIR™) for...

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