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Day: October 16, 2024

Nokia Corporation: Repurchase of own shares on 16.10.2024

Nokia CorporationStock Exchange Release16 October 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 16.10.2024 Espoo, Finland – On 16 October 2024 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 1,622,961 4.08CEUX 700,000 4.07BATE – –AQEU – –TQEX – –Total 2,322,961 4.08* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program 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 started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by...

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HII Promotes John Bell to Chief Technology Officer for Mission Technologies Division

MCLEAN, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced the promotion of John Bell to chief technology officer (CTO) for its Mission Technologies division. Bell’s appointment is part of the alignment between HII’s Mission Technologies CTO office and the corporate CTO office, supporting the rapid growth of Mission Technologies, new cross-division opportunities, and the adoption of “Industry 4.0” capabilities, including Artificial Intelligence (AI), Big Data, and Robotics. “As HII looks to the future, it’s leaders like John Bell who will drive our mission forward, embracing innovation and harnessing technology to meet the complex challenges ahead,” said Andy Green, executive vice president of HII and president of HII’s Mission Technologies division. “His promotion to CTO reflects not only his profound expertise but...

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Saia LTL Freight Honored with 2024 SmartWay Excellence Award

The award recognizes companies that optimize environmental performance and efficiency in their operations JOHNS CREEK, Ga., Oct. 16, 2024 (GLOBE NEWSWIRE) — Saia Inc. (NASDAQ: SAIA) proudly announces that Saia LTL Freight has been awarded the 2024 SmartWay Excellence Award by the Environmental Protection Agency (EPA). Saia was the sole recipient in the less-than-truckload (LTL) category, recognizing its leadership and continued commitment to reducing its environmental impact through innovative business practices. The SmartWay Excellence Award represents the EPA’s highest recognition for top-tier environmental performance in the freight sector, highlighting those organizations that excel in improving fuel efficiency and reducing greenhouse gas emissions. Saia’s commitment to sustainability, particularly through its partnership...

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CORRECTION — Enerpac Tool Group Reports Fourth Quarter and Full-Year Fiscal 2024 Results; Introduces Full-Year Fiscal 2025 Outlook

In a release issued under the same headline yesterday by Enerpac Tool Group Corp. (NYSE: EPAC), please note that in the Outlook section, the third paragraph should have read “Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $85 million to $95 million.” and not “Forecasted adjusted EBITDA is $150 million to $160 million, with anticipated free cash flow of $89 million to $99 million.” The $85 million to $95 million free cash flow guidance is consistent with the original financial tables included in the release and the presentation and slides for the earnings call held earlier today. The corrected release is as follows: Fiscal 2024 Continuing Operations Highlights*Net sales were $590 million, a decline of 1.5% year-over-year, with organic growth of 2.2%.** Gross margin...

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Move Health Acquires Fountain Wellness and Enters into Medical Spa and Longevity Industry

VANCOUVER, British Columbia and TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — Move Health Holdings Corp. (“Move Health”), a national primary and allied healthcare company, has today announced the acquisition of Fountain Wellness, multidisciplinary healthcare clinic and medical spa, located in the Lower Mainland, BC. “We are delighted to welcome the Fountain Wellness team to Move Health,” said Gary Prihar, Chair & CEO, Move Health. “Their licensed and registered practitioners offer a comprehensive range of healthcare services including chiropractic, physiotherapy, kinesiology, clinical counseling and occupational health. Additionally, Fountain Wellness is a significant brand in the medical spa industry and signals Move Health’s entry into a new and complimentary business segment in med spa and longevity services,” continued Prihar. Fountain...

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EXL Schedules Third Quarter 2024 Financial Results Conference Call

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — ExlService Service Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, will release financial results for the third quarter ended Sept. 30, 2024, on Tuesday, Oct. 29, 2024, after the market closes. An earnings news release, investor fact sheet and presentation will be published on the company’s investor relations website offering an overview of the financial results. The company will host a conference call at 10:00 a.m. EDT the following day, Wednesday, Oct. 30, 2024, with Chairman and Chief Executive Officer Rohit Kapoor and Executive Vice President and Chief Financial Officer Maurizio Nicolelli, who will provide insights into the company’s operational and financial results. To listen to an audio-only live webcast or to participate in...

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Heimar hf.: Launch of Share Buy-Back Program

At the Annual General Meeting of Heimar on March 12th, 2024, the shareholders approved to authorize the Board of Directors, pursuant to Article 55 of the Act on Public Limited Companies No. 2/1995, to purchase up to 10% of issued shares in the company. The Board of Directors of Heimar has, based on this mandate issued by the Annual General Meeting, decided on the execution of a buyback program. The purpose of the program is to decrease the number of issued shares. The amount of the buy-back will not exceed ISK 500,000,000 in total purchase price.  The number of shares are determined by the purchase price of the shares at the time of execution of the buyback. As of today, Heimar does own 16,312,500 shares. Íslandsbanki will supervise the execution of the buyback program and make all decisions regarding the acquisition of shares, including...

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Toll Brothers Announces New Luxury Community Coming Soon to Morgan Hill, California

MORGAN HILL, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Manzanita Park, is coming soon to Morgan Hill, California. This exclusive enclave of new townhome-style condominiums, which will be located at 19685 Juniper Loop in Morgan Hill, is expected to open for sale in early 2025. Manzanita Park will provide a unique opportunity for luxury living in sought-after Morgan Hill. The community will feature 67 luxury residences ranging from 1,350 to 2,400+ square feet, offering 2 to 4 bedrooms, 2 to 3.5 bathrooms, and attached 2-car garages. Homes in Manzanita Park are expected to be priced from $1.2 million. Each home will showcase the quality craftsmanship for which Toll Brothers is known, along with high-end finishes included...

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WENDEL: Wendel completes the acquisition of c.50% of Globeducate, a leading international K-12 education group

PRESS RELEASE – OCTOBER 16, 2024 Wendel completes the acquisition of c.50% of Globeducate, a leading international K-12 education group Wendel (Euronext: MF.FP) has completed the acquisition of c.50% of Globeducate, one of the world’s leading international K-12 education groups, from Providence Equity Partners, (“Providence”), a premier private equity firm specializing in growth-oriented investments in media, communications, education and technology. Wendel invested €625 million of equity, at an Enterprise Value of c.€2 billion1, to join Providence, which has been the Globeducate reference shareholder since 2017, and both firms will now own c.50% of the group. Founded in 1972 in Spain, Globeducate provides K-12 (primary and secondary) education through a network of 67 premium bilingual and international schools, as well as online...

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Enlitic, Inc. Welcomes Brenda Rankin as Chief Operating Officer

Rankin to lead operations and drive organizational excellence at Enlitic FORT COLLINS, Colo. and MELBOURNE, Australia, Oct. 16, 2024 (GLOBE NEWSWIRE) — (ASX:ENL) – Enlitic, Inc., a pioneer in healthcare AI and data standardization, is delighted to announce the appointment of Brenda Rankin as Chief Operating Officer, effective October 15, 2024. This exciting addition to the executive team marks a significant milestone in Enlitic’s journey towards revolutionizing healthcare through innovative technology. A Wealth of ExperienceBrenda brings over 25 years of experience in health IT. She co-founded and served as COO of Client Outlook, where she spearheaded efforts to develop innovative healthcare technology solutions. Under her leadership, the company delivered transformative products that improved patient care and streamlined...

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