Stock

Dillard’s, Inc. Announces New $500 Million Share Repurchase Program and Declares $0.15 Cash Dividend

Retail, Department Stores, Fashion, Financial markets, Financial economics, Finance, Stock market, Equity securities, Corporate finance, Share repurchase, Dividend, Common stock, Stock
Saturday, May 15, 2021 - 6:09pm

b'Dillard\xe2\x80\x99s, Inc. (DDS-NYSE) (the \xe2\x80\x9cCompany\xe2\x80\x9d or \xe2\x80\x9cDillard\xe2\x80\x99s\xe2\x80\x9d) announced that the Board of Directors has approved a new share repurchase program authorizing the Company to repurchase up to $500 million of its Class A Common Stock.

Key Points: 
  • b'Dillard\xe2\x80\x99s, Inc. (DDS-NYSE) (the \xe2\x80\x9cCompany\xe2\x80\x9d or \xe2\x80\x9cDillard\xe2\x80\x99s\xe2\x80\x9d) announced that the Board of Directors has approved a new share repurchase program authorizing the Company to repurchase up to $500 million of its Class A Common Stock.
  • The new open-ended authorization permits the Company to repurchase its Class A Common Stock in the open market, pursuant to preset trading plans meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934 or through privately negotiated transactions.
  • At May 1, 2021, authorization of $114.3 million remained under the Company\xe2\x80\x99s March 2018 share repurchase plan.\nThe Board of Directors also declared a cash dividend of $0.15 per share on the Class A and Class B Common Stock of the Company payable August 2, 2021 to shareholders of record as of June 30, 2021.
  • This marks the Company\xe2\x80\x99s 209th consecutive quarterly dividend since becoming a public company in 1969.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210515005013/en/\n'

SHAREHOLDER ALERT: WeissLaw LLP Investigates Dakota Territory Resource Corp.

Stock market, Financial economics, Finance, Articles, Equity securities, Corporate finance, Shareholder, Stock, Common stock, NewCo, Security, Fiduciary
Friday, May 14, 2021 - 10:18pm

b'NEW YORK, May 14, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Dakota Territory Resource Corp. ("Dakota" or the "Company") (OTC: DTRC) in connection with the Company\'s proposed interested-party merger with JR Resources Corp. ("JR Resources), its largest shareholder.

Key Points: 
  • b'NEW YORK, May 14, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Dakota Territory Resource Corp. ("Dakota" or the "Company") (OTC: DTRC) in connection with the Company\'s proposed interested-party merger with JR Resources Corp. ("JR Resources), its largest shareholder.
  • Under the terms of the merger agreement, JR Resources and the Company have incorporated a new company ("NewCo") that will acquire all of the outstanding securities of JR Resources and of the Company in exchange for securities of NewCo.
  • Shareholders of JR Resources will receive a number of NewCo shares of common stock equal to their percentage shareholding in JR Resources multiplied by the 142,566,667 Dakota shares that JR Resources owns.
  • Shareholders of the Company other than JR Resources will receive one share of common stock of NewCo for each share of common stock of Dakota that they hold.\nIf you own Dakota shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:\n'

Shawcor Reports Voting Results from Annual and Special Meeting

Corporate finance, Finance, Financial markets, Financial economics, Coatings, Shawcor, Toronto Stock Exchange, Stock, Shares outstanding
Friday, May 14, 2021 - 9:30pm

b'TORONTO, May 14, 2021 (GLOBE NEWSWIRE) -- Shawcor Ltd. (TSX: SCL) announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual and Special Meeting held May 13, 2021 in Toronto, Ontario.\nA total of 36,474,004 common shares were voted at the meeting representing 51.77% of the votes attached to all outstanding shares.

Key Points: 
  • b'TORONTO, May 14, 2021 (GLOBE NEWSWIRE) -- Shawcor Ltd. (TSX: SCL) announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual and Special Meeting held May 13, 2021 in Toronto, Ontario.\nA total of 36,474,004 common shares were voted at the meeting representing 51.77% of the votes attached to all outstanding shares.
  • Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:\n'

Creatd, Inc. Raises $4.0 Million in Private Placement of Notes Convertible at $5.00, and Warrants Exercisable at $4.50

Finance, Equity securities, Money, Financial economics, Corporate finance, Stock market, Options, Warrant, Stock, Convertible security, Investment
Friday, May 14, 2021 - 9:21pm

The notes are convertible into shares of Creatd\'s common stock at a price of $5.00 per share.

Key Points: 
  • The notes are convertible into shares of Creatd\'s common stock at a price of $5.00 per share.
  • The notes carry an original issue discount, making the aggregate principal amount $4.67 million.
  • Additionally, the Company issued the investors an aggregate of 1,090,908 warrants, exercisable at a price of $4.50 per share.
  • Lind makes direct investments ranging from US$1 to US$30 million, invests in syndicated equity offerings and selectively buys on market.

The Law Offices of Frank R. Cruz Announces Investigation of ContextLogic Inc. (WISH) on Behalf of Investors

Legal, Professional services, Corporate finance, Stock, Stock market
Friday, May 14, 2021 - 8:00pm

b'The Law Offices of Frank R. Cruz announces an investigation of ContextLogic Inc. (\xe2\x80\x9cContextLogic\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (NASDAQ: WISH ) on behalf of investors concerning the Company\xe2\x80\x99s possible violations of federal securities laws.\nIf you are a shareholder who suffered a loss, click here to participate.\nIn December 2020, ContextLogic completed its initial public offering (\xe2\x80\x9cIPO\xe2\x80\x9d) in which it sold 46 million shares at $24 per share.\nOn May 12, 2021, ContextLogic reported a first quarter loss of nearly 21 cents per share, or $128 million on sales of $772 million compared to a loss of $66 million on sales of $440 million the same quarter last year.\nOn this news, ContextLogic\xe2\x80\x99s stock price fell $3.36 per share, or approximately 29%, to close at $8.11 per share on May 12, 2021.\nFollow us for updates on Twitter: twitter.com/FRC_LAW .\nIf you purchased ContextLogic securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com , or visit our website at www.frankcruzlaw.com .

Key Points: 
  • b'The Law Offices of Frank R. Cruz announces an investigation of ContextLogic Inc. (\xe2\x80\x9cContextLogic\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) (NASDAQ: WISH ) on behalf of investors concerning the Company\xe2\x80\x99s possible violations of federal securities laws.\nIf you are a shareholder who suffered a loss, click here to participate.\nIn December 2020, ContextLogic completed its initial public offering (\xe2\x80\x9cIPO\xe2\x80\x9d) in which it sold 46 million shares at $24 per share.\nOn May 12, 2021, ContextLogic reported a first quarter loss of nearly 21 cents per share, or $128 million on sales of $772 million compared to a loss of $66 million on sales of $440 million the same quarter last year.\nOn this news, ContextLogic\xe2\x80\x99s stock price fell $3.36 per share, or approximately 29%, to close at $8.11 per share on May 12, 2021.\nFollow us for updates on Twitter: twitter.com/FRC_LAW .\nIf you purchased ContextLogic securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com , or visit our website at www.frankcruzlaw.com .
  • If you inquire by email please include your mailing address, telephone number, and number of shares purchased.\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005493/en/\n'

Crawford & Company Board Declares Dividends

Professional services, Insurance, Finance, Financial markets, Equity securities, Finance, Financial economics, Corporate finance, Stock market, Crawford & Company, Shareholders, Common stock, CRD, Dividend, Stock
Friday, May 14, 2021 - 7:00pm

b'On May 14, 2021, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared a quarterly dividend of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on June 11, 2021, to shareholders of record as of the close of business on June 1, 2021.\nBased in Atlanta, Crawford & Company (NYSE: CRD-A and CRD-B) is the world\xe2\x80\x99s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations with an expansive global network serving clients in more than 70 countries.

Key Points: 
  • b'On May 14, 2021, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared a quarterly dividend of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on June 11, 2021, to shareholders of record as of the close of business on June 1, 2021.\nBased in Atlanta, Crawford & Company (NYSE: CRD-A and CRD-B) is the world\xe2\x80\x99s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations with an expansive global network serving clients in more than 70 countries.
  • The Company\xe2\x80\x99s two classes of stock are substantially identical, except with respect to voting rights and the Company\xe2\x80\x99s ability to pay greater cash dividends on the non-voting Class A Common Stock (CRD-A) than on the voting Class B Common Stock (CRD-B), subject to certain limitations.
  • In addition, with respect to mergers or similar transactions, holders of CRD-A must receive the same type and amount of consideration as holders of CRD-B, unless different consideration is approved by the holders of 75 percent of CRD-A, voting as a class.
  • More information is available at www.crawco.com .\nFor further information regarding this press release, please contact mediarelations@us.crawco.com\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210514005364/en/\n'

Karora Resources Renews Normal Course Issuer Bid

Finance, Financial markets, Financial economics, Stock market, Economy of Toronto, Toronto Stock Exchange, Issuer, Stock
Friday, May 14, 2021 - 2:21pm

b'TORONTO, May 14, 2021 /CNW/ -Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") is pleased to announce it has received approval from the Toronto Stock Exchange (the "TSX") to renew its normal course issuer bid (the "Bid") to purchase up to no more than 7,335,151 of its issued and outstanding common shares (the "Common Shares").\nPurchases under the Bid may commence on May 18, 2021.

Key Points: 
  • b'TORONTO, May 14, 2021 /CNW/ -Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") is pleased to announce it has received approval from the Toronto Stock Exchange (the "TSX") to renew its normal course issuer bid (the "Bid") to purchase up to no more than 7,335,151 of its issued and outstanding common shares (the "Common Shares").\nPurchases under the Bid may commence on May 18, 2021.
  • Subject to the TSX\'s block purchase exception, on any trading day, purchases under the Bid will not exceed 145,338 Common Shares (25% of the ADTV).
  • The Corporation has repurchased 278,000 Common Shares at an average price of $3.14 per Common Share on the TSX during the past twelve months under its prior normal course issuer bid (the "Prior Bid").
  • If during the course of the Bid the Corporation becomes aware that such persons intend to sell their Common Shares then the Corporation will not intentionally acquire such Common Shares pursuant to the Bid.

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Banking, Professional services, Insurance, Finance, Financial markets, Financial economics, Finance, Equity securities, Stock market, Corporate finance, Preferred stock, Dividend, Stock
Friday, May 14, 2021 - 1:00pm

b'Wells Fargo & Company (NYSE: WFC) today announced dividends on 10 series of preferred stock.\nA quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol \xe2\x80\x9cWFCPrL\xe2\x80\x9d.

Key Points: 
  • b'Wells Fargo & Company (NYSE: WFC) today announced dividends on 10 series of preferred stock.\nA quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol \xe2\x80\x9cWFCPrL\xe2\x80\x9d.
  • This dividend equals $0.325 per depositary share, each representing a 1/1,000 interest in a share of Series N preferred stock, which is traded on the New York Stock Exchange under the symbol \xe2\x80\x9cWFCPrN\xe2\x80\x9d.
  • This dividend equals $0.32031 per depositary share, each representing a 1/1,000 interest in a share of Series O preferred stock, which is traded on the New York Stock Exchange under the symbol \xe2\x80\x9cWFCPrO\xe2\x80\x9d.
  • This dividend equals $0.36563 per depositary share, each representing a 1/1,000 interest in a share of Series Q preferred stock, which is traded on the New York Stock Exchange under the symbol \xe2\x80\x9cWFCPrQ\xe2\x80\x9d.

P10 Holdings, Inc. releases First Quarter 2021 Report to Stockholders

Finance, Money, Financial markets, Stock market, OTC Markets Group, Over-the-counter, TrueBridge Capital Partners, Stock, RCP Advisors
Friday, May 14, 2021 - 10:46am

b'DALLAS, May 14, 2021 (GLOBE NEWSWIRE) -- P10 Holdings, Inc. (\xe2\x80\x9cP10\xe2\x80\x9d) (OTC:PIOE) has released its First Quarter 2021 Report and Quarterly Letter to Stockholders.

Key Points: 
  • b'DALLAS, May 14, 2021 (GLOBE NEWSWIRE) -- P10 Holdings, Inc. (\xe2\x80\x9cP10\xe2\x80\x9d) (OTC:PIOE) has released its First Quarter 2021 Report and Quarterly Letter to Stockholders.
  • With an exceptional, long-tenured management team with aligned incentives supported by a deep bench of investment talent, P10 has best-in-class investment performance, driven by our experience, investment process and data advantage.
  • P10 believes the combination of RCP Advisors, TrueBridge Capital Partners, Five Points Capital, and Enhanced Capital creates a highly diversified and differentiated platform with significant potential for sustainable profit growth.\nFor more information, visit www.p10alts.com.
  • P10 Holdings stock trades on the OTC Pink Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities.

Dakota Territory Resource Corp Announces a Merger Agreement with JR Resources, Rebranding to Dakota Gold Corp and 4 for 1 Reverse Stock Split

Stock market, Corporate finance, Financial economics, Finance, Money, Equity securities, Reverse stock split, Shareholder, Stock split, Stock, Common stock
Friday, May 14, 2021 - 10:00am

The resulting company will be named \xe2\x80\x9cDakota Gold Corp.\xe2\x80\x9d In addition, the board of directors has approved a 4 for 1 reverse stock split of the Company\'s issued and outstanding common stock.

Key Points: 
  • The resulting company will be named \xe2\x80\x9cDakota Gold Corp.\xe2\x80\x9d In addition, the board of directors has approved a 4 for 1 reverse stock split of the Company\'s issued and outstanding common stock.
  • Shareholders of JR Resources will receive a number of NewCo shares of common stock equal to their percentage shareholding in JR Resources multiplied by the 142,566,667 Dakota Territory shares that JR Resources owns.
  • Jonathan Awde abstained from voting on the Merger, having disclosed his interest as President, CEO, a director and a shareholder of JR Resources.
  • In addition, the rights and privileges of the holders of Dakota Territory common stock will be una\xef\xac\x80ected by the reverse stock split.