Share repurchase

SunLink Health Systems, Inc. Announces Termination of Its Previously Suspended Share Repurchase Program

General Health, Other Health, Health, Practice Management, Managed care, SunLink, New York Stock Exchange, Companies, Share repurchase, Subsidiary, Business, Economy of the United States
Tuesday, June 2, 2020 - 1:51pm

SunLink Health Systems, Inc. (NYSE: American: SSY) today announced that its share repurchase program terminated pursuant to its terms on June 1, 2020.

Key Points: 
  • SunLink Health Systems, Inc. (NYSE: American: SSY) today announced that its share repurchase program terminated pursuant to its terms on June 1, 2020.
  • The program was previously suspended on March 24, 2020, due to uncertainly relating to the COVID-19 pandemic.
  • A total of 87,534 shares were purchased under the Program for an aggregate purchase price of $100,706.
  • SunLink Health Systems, Inc. is the parent company of subsidiaries that own and operate healthcare businesses in the Southeast.

Ruhnn Announces up to US$15 Million Share Repurchase Program

Stock market, Share repurchase
Tuesday, June 2, 2020 - 11:00am

HANGZHOU, China, June 02, 2020 (GLOBE NEWSWIRE) -- Ruhnn Holding Limited (Ruhnn or the Company) (NASDAQ: RUHN), a leading internet key opinion leader (KOL) facilitator in China, today announced its board of directors (the Board) has approved a share repurchase program.

Key Points: 
  • HANGZHOU, China, June 02, 2020 (GLOBE NEWSWIRE) -- Ruhnn Holding Limited (Ruhnn or the Company) (NASDAQ: RUHN), a leading internet key opinion leader (KOL) facilitator in China, today announced its board of directors (the Board) has approved a share repurchase program.
  • The Company expects to fund the repurchases made under this program from its existing cash balance.
  • The Board will review the share repurchase program periodically and may authorize adjustment of its terms and size accordingly.
  • Lei Sun, founder, director and Chief Executive Officer of Ruhnn, commented, The share repurchase program reflects our commitment to increasing shareholder value and our confidence in the Companys business fundamentals and long-term prospects.

Aroundtown SA: Release of a capital market information

Stock market, Financial economics, Finance, Corporate finance, Economy, Financial markets, Share repurchase
Tuesday, June 2, 2020 - 8:01am

The Share Buy-Back Programme 2020 will be carried out based on the authorization of the Ordinary General Meeting of Company on 6 May 2020.

Key Points: 
  • The Share Buy-Back Programme 2020 will be carried out based on the authorization of the Ordinary General Meeting of Company on 6 May 2020.
  • To the extent it is intended to repurchase shares of the Company during a closed period within the meaning of Art.
  • The shares of the Company will be purchased at market prices in accordance with the conditions for trading pursuant to Art.
  • To the extent required and legally permissible, the Share Buy-Back Programme 2020 can be suspended and also resumed at any time.

Ahold Delhaize share buyback update

Ahold Delhaize, Retailers, Retailing, Convenience stores, Supermarkets, Zaanstad, Ahold, Share repurchase, Delhaize Group, Buyback, Zaandam
Tuesday, June 2, 2020 - 7:00am

Zaandam, the Netherlands, June 2, 2020 Ahold Delhaize has repurchased 622,003 of Ahold Delhaize common shares in the period from May 25, 2020 up to and including May 29, 2020.

Key Points: 
  • Zaandam, the Netherlands, June 2, 2020 Ahold Delhaize has repurchased 622,003 of Ahold Delhaize common shares in the period from May 25, 2020 up to and including May 29, 2020.
  • The shares were repurchased at an average price of 22.41 per share for a total consideration of 13.94 million.
  • These repurchases were made as part of the 1 billion share buyback program announced on December 4, 2019.
  • The total number of shares repurchased under this program to date is 21,909,656 common shares for a total consideration of 473 million.

Nidec Announces the Status of Own Share Repurchase

Financial markets, Stock market, Financial economics, Corporate finance, Finance, Equity securities, Balance sheet, Share repurchase, Issued shares, Treasury stock, Stock, Nidec
Monday, June 1, 2020 - 7:30am

KYOTO, Japan, June 01, 2020 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) today announced the status of the Companys own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 23, 2020, and February 8, 2020, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.

Key Points: 
  • KYOTO, Japan, June 01, 2020 (GLOBE NEWSWIRE) -- Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the Company) today announced the status of the Companys own share repurchase under its ongoing repurchase plan resolved at a meeting of the Board of Directors held on January 23, 2020, and February 8, 2020, pursuant to Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
  • Period of own share repurchase: From May 1, 2020 through May 31, 2020
    Number of own shares repurchased: 0
    Note: The above repurchase information has been prepared on the basis of trade date.
  • A) The following details were resolved by the Companys Board of Directors on January 23, 2020 and February 8, 2020:
    Total number of shares that may be repurchased: Up to 8,000,000 shares
    (1.36% of total number of shares issued, excluding treasury stock)
    B) Total number and yen amount of own shares repurchased from January 24, 2020 through May 31, 2020, pursuant to the Board of Directors resolution above:
    Total number of own shares repurchased: 2,850,200

PDL Community Bancorp Announces Share Repurchase Program

Stock market, Financial markets, Finance, Share repurchase, Money, Bank holding company, Buyback
Friday, May 29, 2020 - 10:26pm

NEW YORK, May 29, 2020 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the Company) announced today that its Board of Directors has adopted a share repurchase program intended to enhance shareholder value effective June 1, 2020.

Key Points: 
  • NEW YORK, May 29, 2020 (GLOBE NEWSWIRE) -- PDL Community Bancorp (the Company) announced today that its Board of Directors has adopted a share repurchase program intended to enhance shareholder value effective June 1, 2020.
  • Under the repurchase program, the Company may repurchase up to 864,987 shares of its common stock, or approximately 5% of the current outstanding shares.
  • The repurchase program may be suspended or terminated at any time without prior notice, and it will expireno later than November 30, 2020.
  • PDL Community Bancorp is the financial holding company for Ponce Bank.

The Korea Fund, Inc. Reports Results for the Fiscal Quarter and Nine Months Ended March 31, 2020

Banking, Professional services, Finance, Finance, Money, Financial markets, Investment funds, Closed-end fund, Repurchase agreement, Share repurchase, Investment management, Mutual funds, Institutional investors, Net asset value, Money market fund
Friday, May 29, 2020 - 9:05pm

Under its share repurchase program, the Fund repurchased 30,146 shares and 87,058 for the fiscal quarter and nine months ended March 31, 2020.

Key Points: 
  • Under its share repurchase program, the Fund repurchased 30,146 shares and 87,058 for the fiscal quarter and nine months ended March 31, 2020.
  • Foreign securities markets generally exhibit greater price volatility and are less liquid than the U.S. market.
  • Closed-end funds trade on their market value, not NAV, and closed-end funds often trade at a discount to their NAV.
  • Past performance is no guarantee of future results and the investment returns generated by the Fund will fluctuate.

DGAP-News: MBH Corporation PLC to issue dividend of EUR 0.5 cents per share after net profit almost tripled in 2019

Economy, Finance, Money, Investment, Shareholders, Dividends, Share repurchase, Rate of return, Pro forma
Friday, May 29, 2020 - 12:04pm

Including the full-year results of the companies acquired in the course of 2019, annualised pro forma revenues of all MBH portfolio companies amounts to approx.

Key Points: 
  • Including the full-year results of the companies acquired in the course of 2019, annualised pro forma revenues of all MBH portfolio companies amounts to approx.
  • GBP 59 million and corresponds to an increase of approximately 59% (December 31, 2018: annualised pro-forma revenues of GBP 37 million).
  • The Board of Directors are proposing a dividend of EUR 0.5 cents per share to the Annual General Meeting to be held on 30 June 2020.
  • As a company with strong cash flow and profits, MBH is committed to returning profits to shareholders through dividend distributions or share buybacks.

ALD: Description of the share buyback programme

Stock market, Financial economics, Finance, Corporate finance, Share repurchase, Share, Treasury stock
Thursday, May 28, 2020 - 8:03pm

Maximum amount allocated to the share buyback programme, maximum number and characteristics of the securities, maximum purchase price

Key Points: 
  • Maximum amount allocated to the share buyback programme, maximum number and characteristics of the securities, maximum purchase price
    The resolution approved at the General Meeting provides that ALD can purchase its ordinary shares for an amount of up to 5% of the share capital at the date of making these purchases, it being specified that the maximum number of shares held after these purchases may not at any time exceed 10% of share capital.
  • As at 18 May 2020, without taking into account the shares already held, a theoretical maximum number of 40,410,364 shares could be purchased.
  • The maximum purchase price was set at EUR 28.6 per share.
  • The authorisation limits the amount of funds allocated to the programme to EUR 600 million.

Logitech Announces New Share Buyback Program And Proposed FY20 Dividend

Hardware, Consumer electronics, Mobile, Wireless, Technology, Software, Logitech, Companies, Buyback, Share repurchase, Financial markets, Ultimate Ears, Jaybird, Economy of Switzerland
Thursday, May 28, 2020 - 12:00am

The Companys board of directors has approved a new, three-year share buyback program, which authorizes the Company to use up to $250 million to repurchase its shares.

Key Points: 
  • The Companys board of directors has approved a new, three-year share buyback program, which authorizes the Company to use up to $250 million to repurchase its shares.
  • The new program is expected to begin following approval from the Swiss Takeover Board and replaces the Companys prior buyback program that expired in April 2020.
  • Together with the new share buyback program, this demonstrates the Companys continued commitment to consistently return cash to shareholders.
  • Brands of Logitech include Logitech , Logitech G , ASTRO Gaming , Streamlabs , Ultimate Ears , Jaybird and Blue Microphones .