Repurchase agreement

The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Kingold Jewelry, Inc. Investors (KGJI)

Wednesday, July 1, 2020 - 12:20am

The Law Offices of Frank R. Cruz announces an investigation on behalf of Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI ) investors concerning the Company and its officers possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation on behalf of Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI ) investors concerning the Company and its officers possible violations of federal securities laws.
  • If you are a shareholder who suffered a loss, click here to participate.
  • On June 29, 2020, multiple news outlets reported that Kingold may have used counterfeit gold as collateral to secure loans from more than a dozen Chinese financial institutions.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Counterspace Security Market Worth $8.95 Billion by 2025, Despite the Outbreak of COVID-19

Tuesday, June 30, 2020 - 7:45pm

According to the report, the counterspace security market is expected to register significant growth due to the increase in potential threats in the space domain.

Key Points: 
  • According to the report, the counterspace security market is expected to register significant growth due to the increase in potential threats in the space domain.
  • In addition, there are prominent factors supporting the rise of the counterspace security market, which include the rising demand for security due to the declining cost of high-quality offensive solutions.
  • North America is estimated to account for 33.59% market share in the global counterspace security market in 2020, owing to the maximum number of counterspace security initiatives and investment plans.
  • What are the new strategies adopted by the existing market players to enhance their positions in the counterspace security market?

Office Depot, Inc. Confirms Reverse Stock Split will be Effective at 4:01 p.m. EDT on June 30, 2020; Trading on Split-Adjusted Basis to Commence July 1, 2020

Tuesday, June 30, 2020 - 2:09pm

Trading on a reverse stock split-adjusted basis will commence on the NASDAQ Global Select Market at the opening of trading on July 1, 2020.

Key Points: 
  • Trading on a reverse stock split-adjusted basis will commence on the NASDAQ Global Select Market at the opening of trading on July 1, 2020.
  • Additional details will be contained in a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission upon the effectiveness of the reverse stock split.
  • These forward-looking statements are subject to various risks and uncertainties, many of which are outside of Office Depots control.
  • Office Depot does not assume any obligation to update or revise any forward-looking statements.

Ahold Delhaize share buyback update

Tuesday, June 30, 2020 - 7:00am

Zaandam, the Netherlands, June 30, 2020 Ahold Delhaize has repurchased 250,000 of Ahold Delhaize common shares in the period from June 22, 2020 up to and including June 26, 2020.

Key Points: 
  • Zaandam, the Netherlands, June 30, 2020 Ahold Delhaize has repurchased 250,000 of Ahold Delhaize common shares in the period from June 22, 2020 up to and including June 26, 2020.
  • The shares were repurchased at an average price of 23.89 per share for a total consideration of 5.97 million.
  • These repurchases were made as part of the 1 billion share buyback program announced on December 4, 2019.
  • This press release is issued in connection with the disclosure and reporting obligation set out in Article 2(2) of the EU Regulation that contains technical standards for buyback programs.

CoinFLEX Launches Centrally Cleared and Traded Repo Market

Monday, June 29, 2020 - 5:00pm

CoinFLEX, the worlds first physically delivered cryptocurrency futures exchange, today announced the launch of the industrys first centrally traded repo market powered by deliverable perpetual futures.

Key Points: 
  • CoinFLEX, the worlds first physically delivered cryptocurrency futures exchange, today announced the launch of the industrys first centrally traded repo market powered by deliverable perpetual futures.
  • The CoinFLEX Repo Market aims to give investors access to highly liquid lending, borrowing and earning opportunities without the need to work through the channels of the traditional repo market, such as banks or other intermediaries, resulting in more flexible trading and real-time access to yield.
  • CoinFLEX created the Repo Market and perpetual futures for cryptocurrencies to produce a trading environment that benefits market participants by increasing liquidity and significantly lowering capital costs.
  • Mark Lamb, Chief Executive Officer of CoinFLEX said: The creation of the repo market is a direct response to market demand for fair, transparent and flexible trading for all market participants.

Xunlei Announces $20 million Share Buyback Program

Monday, June 29, 2020 - 1:00pm

SHENZHEN, China, June 29, 2020 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei or the Company) (Nasdaq: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that the board of directors of the Company has approved a plan under which the Company may repurchase up to $20 million of its shares over the next 12 months (the Share Buyback Program).

Key Points: 
  • SHENZHEN, China, June 29, 2020 (GLOBE NEWSWIRE) -- Xunlei Limited (Xunlei or the Company) (Nasdaq: XNET), a leading innovator of shared cloud computing and blockchain technology in China, today announced that the board of directors of the Company has approved a plan under which the Company may repurchase up to $20 million of its shares over the next 12 months (the Share Buyback Program).
  • The board will review the share repurchase program periodically and, if needed, adjust its size and terms.
  • As of March 31, 2020, the Company had cash, cash equivalent and short-term investments of approximately $255.7 million, and the balance of bank borrowings was about $11.2 million.
  • Mr. Jinbo Li, the chairman and the chief executive officer of Xunlei, stated that, After reviewing the financial conditions of the Company and expected capital expenditure plan for the coming quarters, the board of directors of Xunlei approved this Share Buyback Program as one of the corporate initiatives to be taken this year to enhance shareholder value.

HireQuest, Inc. Announces New Stock Repurchase Program for up to 1 Million Shares

Monday, June 29, 2020 - 1:00pm

HireQuest, Inc. (NASDAQ: HQI) announced that its Board of Directors has authorized a new share repurchase program pursuant to which the company may repurchase up to 1 million shares of its common stock through June 2021.

Key Points: 
  • HireQuest, Inc. (NASDAQ: HQI) announced that its Board of Directors has authorized a new share repurchase program pursuant to which the company may repurchase up to 1 million shares of its common stock through June 2021.
  • We have ample liquidity and cash flow to simultaneously repurchase shares and support our growth initiatives, whether that be through organic growth or selective pursuit of other opportunities that may arise.
  • There can be no assurance of how many shares will be repurchased, and the repurchase program may be suspended or discontinued at any time.
  • The Company had approximately 13.5 million shares of common stock outstanding as of June 15, 2020, the date of its most recent annual meeting of stockholders.

STMicroelectronics Announces Status of Common Share Repurchase Program

Monday, June 29, 2020 - 9:45am

Disclosure of Transactions in Own Shares Period from Jun 22, 2020 to Jun 26, 2020

Key Points: 
  • Disclosure of Transactions in Own Shares Period from Jun 22, 2020 to Jun 26, 2020
    AMSTERDAM June 29, 2020 -- STMicroelectronics N.V. (the Company or STMicroelectronics), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full details of its common share repurchase program (the Program) disclosed via a press release dated November 5, 2018.
  • The Program was approved by a shareholder resolution dated May 31, 2018 and by the supervisory board.
  • STMicroelectronics N.V. (registered with the trade register under number 33194537) (LEI: 213800Z8NOHIKRI42W10) (Ticker: STM) announces the repurchase (by a broker acting for the Company) on the regulated market of Euronext Paris, in the period between June 22, 2020 to June 26, 2020 (the Period), of 122,048 ordinary shares (equal to 0.01% of its issued share capital) at the weighted average purchase price per share of EUR 23.8530 and for an overall price of EUR 2,911,211.45.
  • Below is a summary of the repurchase transactions made in the course of the Period in relation to the ordinary shares of STM (ISIN: NL0000226223), in detailed form.

EQUITY ALERT: ROSEN, GLOBAL INVESTOR COUNSEL, Continues Investigation of Securities Claims Against Treasury Wine Estates Limited – TSRYY & TSRYF

Friday, June 26, 2020 - 3:49pm

Further, the Company noted that the Americas reported a 17% decline in EBITS to $98.3m and an EBITS margin of 16.1% (down 3.6ppts).

Key Points: 
  • Further, the Company noted that the Americas reported a 17% decline in EBITS to $98.3m and an EBITS margin of 16.1% (down 3.6ppts).
  • If you purchased securities of TWE please visit the firms website at http://www.rosenlegal.com/cases-register-1852.html to join the securities action.
  • Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

New Eurosystem repo facility to provide euro liquidity to non-euro area central banks

Friday, June 26, 2020 - 12:06am

PRESS RELEASE

Key Points: 
  • PRESS RELEASE

    New Eurosystem repo facility to provide euro liquidity to non-euro area central banks

    25 June 2020

    In response to the coronavirus (COVID-19) crisis, the Governing Council of the European Central Bank (ECB) decided to set up a new backstop facility, called the Eurosystem repo facility for central banks (EUREP), to provide precautionary euro repo lines to central banks outside the euro area.

  • EUREP addresses possible euro liquidity needs in case of market dysfunction resulting from the COVID-19 shock that might adversely impact the smooth transmission of ECB monetary policy.
  • Under EUREP, the Eurosystem will provide euro liquidity to a broad set of central banks outside the euro area against adequate collateral, consisting of euro-denominated marketable debt securities issued by euro area central governments and supranational institutions.
  • EUREP complements the ECBs bilateral swap and repo lines and reflects the importance of the euro in global financial markets.