Citigroup

North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Monday, March 18, 2024

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).

Key Points: 
  • TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07917 for each Preferred share ($0.950 annually).
  • Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024.
  • Since inception Class A shareholders have received a total of $16.27 per share and Preferred shareholders have received a total of $10.98 per share inclusive of this distribution, for a combined total of $27.25.
  • The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

Retrieved on: 
Monday, March 18, 2024

TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually).

Key Points: 
  • TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07708 for each Preferred share ($0.925 annually).
  • Distributions are payable April 10, 2024 to shareholders on record as at March 28, 2024.
  • Since inception Class A shareholders have received a total of $25.43 per share and Preferred shareholders have received a total of $11.43 per share inclusive of this distribution, for a combined total of $36.86.
  • Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

North American Financial 15 Split Corp. Extends Termination Date

Retrieved on: 
Tuesday, March 12, 2024

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further five year period from December 1, 2024 to December 1, 2029.

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further five year period from December 1, 2024 to December 1, 2029.
  • Since inception of the Company Class A shareholders have received monthly distributions totaling $16.16 per share.
  • Holders of the FFN.PR.A Preferred Shares (“Preferred Shares”) are expected to continue to benefit from cumulative preferential monthly distributions.
  • The Preferred shareholders have received a total of $10.90 per share since inception.

US Financial 15 Split Corp. Extends Termination Date

Retrieved on: 
Tuesday, March 12, 2024

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp. (the “Company”) is pleased to announce it will extend the termination date of the Company a further six year period from December 1, 2024 to December 1, 2030.
  • In connection with the extension, the Company will have the right to amend the dividend entitlement of the FTU.PR.B Preferred Shares (“Preferred Shares”) effective December 1, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., Truist Financial Corp., U.S. Bancorp, and Wells Fargo & Co.
  • Please read the Company’s publically filed documents which are available at www.sedar.com .

Energy Vault Appoints Michael Beer as Chief Financial Officer

Retrieved on: 
Thursday, April 4, 2024

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Michael Beer as Chief Financial Officer.

Key Points: 
  • Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or the “Company”), a leader in sustainable grid-scale energy storage solutions, announced today the appointment of Michael Beer as Chief Financial Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240404851008/en/
    Energy Vault Appoints Michael Beer as Chief Financial Officer (Photo: Business Wire)
    Prior to Energy Vault, Beer served as Chief Financial Officer for FreeWire Technologies, Inc. (FreeWire), an industry leader in ultra-fast EV charging, battery storage and energy management solutions, since 2021.
  • “We’re very pleased to welcome Michael, whose depth of experience overseeing capital markets, financial operations and investor relations for high growth technology and sustainability companies will be critical to Energy Vault moving forward,” said Robert Piconi, Chairman and Chief Executive Officer, Energy Vault.
  • Energy Vault has a comprehensive and highly differentiated approach, offering a variety of energy storage solutions.

Onto Innovation Announces Investor Relations Transition Plan

Retrieved on: 
Thursday, April 4, 2024

Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Sheaffer plans to retire from the Company in July this year.

Key Points: 
  • Onto Innovation Inc. (NYSE: ONTO) (“Onto Innovation,” “Onto,” or the “Company”) today announced that Michael Sheaffer plans to retire from the Company in July this year.
  • A successor search has now been successfully completed with Sidney Ho joining Onto Innovation as vice president of investor relations.
  • Mr. Sheaffer will remain fully engaged in the investor relations role and will be the primary investor contact point until Mr. Ho assumes that responsibility during the Company’s investor meetings at SEMICON® West in July 2024.
  • Mr. Sheaffer, 74, joined Rudolph Technologies in 2017 as senior director of investor relations and continued that role for Onto Innovation following the merger of Rudolph Technologies and Nanometrics.

Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends

Retrieved on: 
Wednesday, April 3, 2024

The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows:

Key Points: 
  • The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows:
    – 5.350% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series D, payable May 15, 2024, to holders of record on May 3, 2024.
  • – 6.300% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series M, payable May 15, 2024, to holders of record on May 3, 2024.
  • – 5.950% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series P, payable May 15, 2024, to holders of record on May 3, 2024.
  • – 4.000% Fixed Rate Noncumulative Preferred Stock, Series W, payable June 10, 2024, to holders of record on May 31, 2024.

UL Solutions Announces Launch of Initial Public Offering

Retrieved on: 
Tuesday, April 2, 2024

UL Solutions Inc. (“UL Solutions”) today announced the launch of its initial public offering (the “IPO”) of 28,000,000 shares of its Class A common stock and the commencement of the roadshow for the IPO.

Key Points: 
  • UL Solutions Inc. (“UL Solutions”) today announced the launch of its initial public offering (the “IPO”) of 28,000,000 shares of its Class A common stock and the commencement of the roadshow for the IPO.
  • The offering consists entirely of secondary shares to be sold by UL Standards & Engagement, a nonprofit organization that is currently the sole stockholder of UL Solutions.
  • The underwriters will have a 30-day option to purchase up to an additional 4,200,000 shares of Class A common stock from UL Standards & Engagement.
  • UL Solutions is not offering any shares of its Class A common stock in the proposed offering and will not receive any proceeds from the proposed sale of the shares.

Rubrik Files Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Monday, April 1, 2024

Rubrik, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission related to a proposed initial public offering of its Class A common stock.

Key Points: 
  • Rubrik, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission related to a proposed initial public offering of its Class A common stock.
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • A registration statement related to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective.
  • These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

Citigroup Global Markets Holdings Inc. – Issue of EUR 375,000,000 Cash Settled Exchangeable Bonds due April 2029 Referable to the Shares of LVMH Moet Hennessy Louis Vuitton

Retrieved on: 
Wednesday, March 27, 2024

Citigroup Global Markets Holdings Inc. (the “Issuer”) announces the offering of guaranteed cash-settled exchangeable bonds due April 2029 (the “Bonds”) in an aggregate principal amount of minimum EUR 375,000,000 and maximum EUR 400,00,000.

Key Points: 
  • Citigroup Global Markets Holdings Inc. (the “Issuer”) announces the offering of guaranteed cash-settled exchangeable bonds due April 2029 (the “Bonds”) in an aggregate principal amount of minimum EUR 375,000,000 and maximum EUR 400,00,000.
  • The Bonds are referable to ordinary shares (the “Shares”) of LVMH Moet Hennessy Louis Vuitton (the “Company”).
  • Citigroup Global Markets Limited, Citigroup Global Markets Europe AG and Citigroup Global Markets Inc. are acting as Joint Global Coordinators and Joint Bookrunners.
  • Such activities may impact the price or value of the Shares and/or the Bonds, and may affect a Bondholder’s return on the Bonds.