Repurchase agreement

Egypt Domestic Remittance Business and Investment Opportunities to 2025 - Transaction Value & Volume, Interstate Remittance Flow for Key Hubs, Intra City P2P Transfers, Consumer Profile - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 12, 2019
Professional services, Banking, Finance, Remittance, Repurchase agreement

The "Egypt Domestic Remittance Business and Investment Opportunities - Transaction Value & Volume, Interstate Remittance Flow for Key Hubs, Intra City P2P Transfers, Consumer Profile - Income, Age Group, Occupation and Purpose" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Domestic Remittance Business and Investment Opportunities - Transaction Value & Volume, Interstate Remittance Flow for Key Hubs, Intra City P2P Transfers, Consumer Profile - Income, Age Group, Occupation and Purpose" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a data-centric analysis of domestic remittance market dynamics in Egypt to help companies understand business and investment opportunities along with risks.
  • This report establishes market opportunity in value and volume terms, offering a detailed map of remittance flow within the states/regions.
  • Market opportunity by key states/regions (transaction value, transaction volume, average value per transaction)
    Market share by transfer channel by key states/regions - digital, mobile, and non-digital (value, volume, average value per transaction)
    Market opportunity by transaction value, transaction volume, and average value per transaction
    Market share by transfer channel (digital, mobile, and non-digital) by key cities bucketed under Tier 1, Tier 2, and Tier 3 segments - (transaction value, transaction volume, average value per transaction)
    Get detailed view of consumer dynamics by income, occupation, age, and purpose
    View source version on businesswire.com: https://www.businesswire.com/news/home/20190612005794/en/

Nigeria International Remittance Business and Investment Opportunities 2019 - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Profile - ResearchAndMarkets.com

Retrieved on: 
Wednesday, June 12, 2019
Professional services, Finance, Remittance, Repurchase agreement, Value, Economy, Articles, International taxation, Business process, E-commerce

The "Nigeria International Remittance Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Profile - Income, Age Group, Occupation and Purpose" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Nigeria International Remittance Business and Investment Opportunities - Analysis by Transaction Value & Volume, Inbound and Outbound Transfers to and from Key States, Consumer Profile - Income, Age Group, Occupation and Purpose" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a data-centric analysis of international remittance market dynamics in Nigeria to help companies understand business and investment opportunities along with risks.
  • This report establishes market opportunity in value and volume terms, offering a detailed map of inbound and outbound international remittance flow.
  • Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)
    Market opportunity by key sending countries (transaction value, transaction volume, average value per transaction)
    Get detailed view of consumer dynamics by income, occupation, age, and purpose
    View source version on businesswire.com: https://www.businesswire.com/news/home/20190612005748/en/

CGI announces intent to repurchase 5.16 million of its shares held by Caisse de dépôt et placement du Québec

Retrieved on: 
Wednesday, June 12, 2019
Service companies, Economy, Caisse de dépôt et placement du Québec, Finance, Caisse, CGI Inc., Institutional Investor, Repurchase agreement, CLASSA, Cassa Depositi e Prestiti

Once completed, la Caisse will continue to hold approximately 37.4million Class A Shares, representing approximately 13.9% of CGI's total outstanding shares.

Key Points: 
  • Once completed, la Caisse will continue to hold approximately 37.4million Class A Shares, representing approximately 13.9% of CGI's total outstanding shares.
  • "This transaction is immediately accretive and consistent with our value creation strategy," said Franois Boulanger, Executive Vice-President and Chief Financial Officer, CGI.
  • Under the NCIB, CGI is authorized to repurchase up to 20,100,499 ClassA Shares by February 5, 2020.
  • Caisse de dpt et placement du Qubec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans.

Eros International Plc Announces Share Repurchase Program; Reiterates Positive Business Fundamentals and Strong Financial Position

Retrieved on: 
Sunday, June 9, 2019
Entertainment, TV and Radio, Film & Motion Pictures, General Entertainment, Online, Eros International plc, Eros International, Prem Parameswaran, Repurchase agreement, Eros, Cinema of India, Companies, Film industry

Group Financial Officer and President of North America Prem Parameswaran added, "Eros has a strong liquidity profile and healthy balance sheet with no meaningful near-term debt maturities.

Key Points: 
  • Group Financial Officer and President of North America Prem Parameswaran added, "Eros has a strong liquidity profile and healthy balance sheet with no meaningful near-term debt maturities.
  • Eros share repurchase program does not obligate it to repurchase any specific number of shares and may be suspended or discontinued at any time.
  • Eros International Plc (NYSE: EROS) a Global Indian Entertainment company that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media.
  • Eros International Plc became the first Indian media company to list on the New York Stock Exchange.

Synopsys Initiates $100 Million Accelerated Share Repurchase Agreement

Retrieved on: 
Wednesday, June 5, 2019
Stock market, Financial economics, Economy, Accelerated share repurchase, Share repurchase, Synopsys, Repurchase agreement, ASR, Stock

MOUNTAIN VIEW, Calif., June 5, 2019 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Bank of America N.A.

Key Points: 
  • MOUNTAIN VIEW, Calif., June 5, 2019 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Bank of America N.A.
  • to repurchase an aggregate of $100 million of Synopsys stock.
  • The specific number of shares that Synopsys ultimately repurchases under the ASR will be based on Synopsys' volume-weighted average share price during the repurchase period, less a discount.
  • These risks and uncertainties include, among others: the market price of Synopsys common stock during the repurchase period; the ability of Bank of America N.A.

Largo Announces Results of Excess Cash Flow Offer

Retrieved on: 
Wednesday, June 5, 2019
Contract law, Legal documents, Repurchase agreement, Indenture

The Notes were repurchased at a purchase price of 103% of the principal amount thereof plus accrued and unpaid interest to, but not including, the purchase date, pursuant to the terms of the excess cash flow offer that Largo was obligated to make to holders of Notes in accordance with the indenture governing the Notes.The excess cash flow offer was made pursuant to an offer to purchase dated May 3, 2019, which set forth the terms of the excess cash flow offer.

Key Points: 
  • The Notes were repurchased at a purchase price of 103% of the principal amount thereof plus accrued and unpaid interest to, but not including, the purchase date, pursuant to the terms of the excess cash flow offer that Largo was obligated to make to holders of Notes in accordance with the indenture governing the Notes.The excess cash flow offer was made pursuant to an offer to purchase dated May 3, 2019, which set forth the terms of the excess cash flow offer.
  • In aggregate, Largo paid approximately US$6.9 million in connection with the repurchase under the excess cash flow offer (including principal, premium and accrued but unpaid interest).
  • Although management of Largo has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
  • Largo does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

Astronics Corporation Adopts 10b5-1 Trading Plan for Share Repurchase Program

Retrieved on: 
Tuesday, June 4, 2019
Technology, Electronic design automation, Transport, Air, Manufacturing, Aerospace, Engineering, Defense, Other Defense, Stock market, Share repurchase, Repurchase agreement, Astronics Corporation, Corporate finance, Targeted repurchase

Any such purchases would be made under the companys previously announced share repurchase authorization.

Key Points: 
  • Any such purchases would be made under the companys previously announced share repurchase authorization.
  • Effective June 4, 2019, repurchases made under the plan are subject to Securities and Exchange Commissions regulations, as well as certain price, market, volume, and timing considerations specified in the plan.
  • Since repurchases under the plan are subject to such constraints, there is no guarantee as to the exact number of shares, if any, that will be repurchased under the plan.
  • Astronics Corporation (Nasdaq: ATRO) is a leading supplier of advanced technologies and products to the global aerospace and defense industries.

ASGN Announces $250 Million Stock Repurchase Program

Retrieved on: 
Tuesday, June 4, 2019
Technology, Other Technology, Professional services, Human resources, Stock market, Buyback, Share repurchase, SEC Rule 10b5-1, Repurchase agreement

ASGN Incorporated (NYSE: ASGN) announced today that its Board of Directors approved a stock repurchase program under which the Company may repurchase up to $250 million of its common stock over the next two years.

Key Points: 
  • ASGN Incorporated (NYSE: ASGN) announced today that its Board of Directors approved a stock repurchase program under which the Company may repurchase up to $250 million of its common stock over the next two years.
  • Under terms of the program, purchases can be made in the open market or under a Rule 10b5-1 trading plan.
  • The stock repurchase program does not obligate the Company to acquire any particular amount of the Companys stock, and it may be suspended at any time at the Companys discretion.
  • Commenting on the stock repurchase program, Ted Hanson, President and CEO of ASGN, stated, I am pleased to announce that we have established a $250 million share buyback program.

Report: Abacus Posts Largest Annual Growth of Major Life Settlement Buyers

Retrieved on: 
Friday, May 31, 2019
Economy, Abacus, Mathematics, Articles, Repurchase agreement, Life settlement

Abacus remains the second largest life settlement buyer in the nation, while again closing the gap between Abacus and the industry leader in policies purchased.

Key Points: 
  • Abacus remains the second largest life settlement buyer in the nation, while again closing the gap between Abacus and the industry leader in policies purchased.
  • This is the second year in row Abacus led all major buyers in growth.
  • According to the report, the overall life settlement industry grew by 28 percent in 2018, continuing its year-over-year run of growth.
  • Founded in 2004, Abacus Life Settlements is a licensed Direct Life Settlement Provider and Buyer headquartered inOrlando, Florida.

Yintech Reports US$20 Million Share Repurchase Program

Retrieved on: 
Friday, May 31, 2019
Finance, Money, Share repurchase, Stock market, American depositary receipt, ADSS, Repurchase agreement

SHANGHAI, May 31, 2019 /PRNewswire/ -- Yintech Investment Holdings Limited (NASDAQ: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual investors in China, today announced its Board of Directors approved a share repurchase program, effective on June 2, 2019,under which Yintech is authorized to purchase up toUS$20.0 millionworth of its outstanding American depositary shares ("ADSs") over the next 12 months.

Key Points: 
  • SHANGHAI, May 31, 2019 /PRNewswire/ -- Yintech Investment Holdings Limited (NASDAQ: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual investors in China, today announced its Board of Directors approved a share repurchase program, effective on June 2, 2019,under which Yintech is authorized to purchase up toUS$20.0 millionworth of its outstanding American depositary shares ("ADSs") over the next 12 months.
  • The share repurchase program will be funded with Yintech's available cash balance.
  • As ofMarch 31, 2019, Yintech had cash and short term investments ofapproximatelyRMB 1,753.2 million(US$261.2 million).
  • Yintech strives to provide best-in-class financial information, investment tools and services to its customers by leveraging financial technology and mobile platforms.