Day: December 11, 2024

SPAR Group Affirms Intent to Close Highwire Merger

Written by Customer Service on December 11, 2024. Posted in Mergers And Acquisitions.

Stockholders Approved Merger on October 25, 2024 $2.50 Per Share Merger Consideration Unanimously Approved by SPAR Group Board of DirectorsAUBURN HILLS, Mich., Dec. 11, 2024 (GLOBE NEWSWIRE) — SPAR Group, Inc. (NASDAQ: SGRP) (“SGRP”, “SPAR Group” or the “Corporation”), a provider of merchandising, marketing and distribution services, in response to media and investor inquiries, affirms intent to close the proposed acquisition (the “Proposed Acquisition”) by Highwire Capital. As previously announced, SPAR Group entered into the Agreement and Plan of Merger, dated August 30, 2024, by and among SGRP, Highwire Capital and Highwire Merger Co. I, Inc., a wholly owned subsidiary of Highwire Capital, whereby SPAR Group is to be acquired by Highwire Capital in an all cash transaction. SPAR Group’s stockholders approved the transaction...

Northrop Grumman Announces New $3 Billion Share Repurchase Authorization

Written by Customer Service on December 11, 2024. Posted in Public Companies.

FALLS CHURCH, Va., Dec. 11, 2024 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $3 billion for the repurchase of the company’s common stock, increasing the outstanding authorized amount to approximately $4.2 billion. Share repurchases will take place from time to time, subject to market conditions and management’s discretion, in the open market or in privately negotiated transactions. Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to connect and protect the world, and push the boundaries of human exploration across the universe. Driven by a shared purpose to solve our customers’ toughest problems, our employees define possible...

Copa Holdings Announces Monthly Traffic Statistics for November 2024

Written by Customer Service on December 11, 2024. Posted in Public Companies.

PANAMA CITY, Dec. 11, 2024 (GLOBE NEWSWIRE) — Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for November 2024:Operating Data November 2024 November 2023 % ChangeCopa Holdings (Consolidated) ASM (mm) (1) 2,524.1 2,327.4 8.4 %RPM (mm) (2) 2,173.5 2,034.5 6.8 %Load Factor (3) 86.1 % 87.4 % -1.3p.p.Available seat miles – represents the aircraft seating capacity multiplied by the number of miles the seats are flown. Revenue passenger miles – represents the number of miles flown by revenue passengers Load factor – represents the percentage of aircraft seating capacity that is actually utilizedFor November 2024, Copa Holdings’ capacity (ASMs) increased by 8.4%, while system-wide passenger traffic (RPMs) increased by 6.8%, compared to...

EurAsia Resource Value S.E. Acquires Common Shares of Condor Energies Inc.

Written by Customer Service on December 11, 2024. Posted in Mergers And Acquisitions.

LIMASSOL, Republic of Cyprus, Dec. 11, 2024 (GLOBE NEWSWIRE) — Eurasia Resource Value S.E. (“ERV”) today announced that it has acquired 1,052,632 common shares (“Common Shares”) of Condor Energies Inc. (“Condor”) (TSX: CDR) as part of a larger offering by Condor of Common Shares under the Listed Issuer Financing Exemption and other exemptions under National Instrument 45-106 Prospectus Exemptions of the Canadian Securities Administrators (“NI 45-106”), under which an aggregate of 10,198,582 Common Shares were issued (the “Offering”). ERV subscribed as an “accredited investor” under NI 45-106 and the aggregate consideration paid by ERV was CAD$2,000,000.80 or CAD$1.90 per share. Prior to the Offering, ERV held 13,399,905 Common Shares, or approximately 23.40% of the total issued and outstanding Common Shares. Following the Offering,...

Nokia Corporation: Repurchase of own shares on 11.12.2024

Written by Customer Service on December 11, 2024. Posted in Public Companies.

Nokia CorporationStock Exchange Release11 December 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 11.12.2024 Espoo, Finland – On 11 December 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 872,093 4.17CEUX – –BATE – –AQEU – –TQEX – –Total 872,093 4.17* Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014...

BNP Paribas SA : Notification by the ECB of the 2024 Supervisory Review and Evaluation Process (SREP)

Written by Customer Service on December 11, 2024. Posted in Public Companies.

NOTIFICATION BY THE ECB OF THE 2024 SUPERVISORY REVIEW AND EVALUATION PROCESS (SREP) Press releaseParis – 11 December 2024 BNP Paribas has received the notification by the European Central Bank of the outcome of the 2024 Supervisory Review and Evaluation Process (SREP), which states capital requirements and leverage ratio on a consolidated basis in force for the Group. The Common Equity Tier 1 (CET1) requirement that the Group has to respect as of 1st January 2025 on a consolidated basis is 10.29% (excluding the Pillar 2 Guidance) compared to 10.27% (excluding the Pillar 2 Guidance) as at 30 September 2024. It includes 1.50% for the G-SIB buffer, 2.50% for the Conservation buffer, 1.14% for the Pillar 2 Requirement1 (P2R) and 0.65% of countercyclical buffer2. The requirement for the Tier 1 Capital is 12.09% (of which 1.44% for the P2R). The...

Toll Brothers Announces New Model Home Opening at Lakeside at Tessera Community in Lago Vista, Texas

Written by Customer Service on December 11, 2024. Posted in Public Companies.

Professionally decorated model home showcases luxury single-family living with resort-style community amenities offered on Lake Travis LAGO VISTA, Texas, Dec. 11, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, announced the grand opening of its highly anticipated model home at Lakeside at Tessera, a community of new single-family homes on the picturesque shores of Lake Travis in Lago Vista, Texas. The newly opened Pickett model home, located at 22404 Lago Lookout Lane, showcases Toll Brothers’ commitment to luxury design and superior craftsmanship. Situated on the cliffs of Lake Travis, Lakeside at Tessera offers luxury living with stunning views of the lake. Toll Brothers brings an array of flexible, spacious homes designs with sophisticated finishes to this spectacular...

KVH Announces Purchase and Sales Agreements for Rhode Island Office and Factory, Approval for Share Buyback Program

Written by Customer Service on December 11, 2024. Posted in Public Companies.

MIDDLETOWN, R.I., Dec. 11, 2024 (GLOBE NEWSWIRE) — KVH Industries, Inc. (Nasdaq: KVHI), announced that it has entered into purchase and sale agreements for its Rhode Island office and factory. In addition, KVH announced that its Board of Directors has authorized a share repurchase program with an aggregate purchase price of up to $10 million. “We expect that the sale of our Rhode Island facilities will provide us with approximately $12 million, net of transaction costs, for working capital and potential strategic opportunities while also allowing us to move to a new facility better suited to our future needs,” says Brent Bruun, KVH’s chief executive officer. “The Board’s authorization of a share repurchase program also underscores our commitment to the Company’s shareholders. It reflects our confidence in the company’s strategy,...

SS Innovations Announces Completion of BDO Audit Process and Issues Update on Plans for NASDAQ Uplisting

Written by Customer Service on December 11, 2024. Posted in Public Companies.

FORT LAUDERDALE, Fla., Dec. 11, 2024 (GLOBE NEWSWIRE) — SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), developer of innovative surgical robotic technologies dedicated to making world-class robotic surgery affordable and accessible to a global population, today announced that its new independent registered public accounting firm, BDO India LLP (“BDO”), has completed the re-audit of the Company’s consolidated financial statements for the years ended December 31, 2023 and December 31, 2022, which were included in the Company’s previously filed Annual Report on Form 10-K for the year ended December 31, 2023 (the “Original Filing”). In addition, SS Innovations is hereby updating its shareholders and the investment community on its plans to uplist its common stock to NASDAQ. As previously reported...

Toll Brothers Announces New Luxury Townhome Community Coming Soon to Sanford, Florida

Written by Customer Service on December 11, 2024. Posted in Public Companies.

SANFORD, Fla., Dec. 11, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Skyway Landing, is coming soon to Sanford, Florida. This gated, low-maintenance community will feature new townhomes with luxurious features and onsite amenities. Located on Skyway Drive in Sanford, Skyway Landing is expected to open for sale in early 2025. Skyway Landing will offer four distinctive two-story townhome designs ranging from 1,500 to over 2,000 square feet. Home designs will include 3 bedrooms, 2 baths, and 1- or 2-car garages. Skyway Landing will also include a variety of onsite amenities including a refreshing pool and relaxing cabana for Toll Brothers homeowners to enjoy. Townhomes will be priced from the upper $300,000s.“Skyway Landing will provide...

Day: December 11, 2024

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