Treasury | Jotup

Cipher Mining Announces March 2024 Operational Update

Retrieved on:

Monday, April 1, 2024

Bear, Black Pearl, Treasury, Economics, BTC, Cryptocurrency

“Cipher delivered another solid performance in March, which marks the completion of a remarkably strong first quarter of production,” said Tyler Page, CEO of Cipher.

Key Points:

“Cipher delivered another solid performance in March, which marks the completion of a remarkably strong first quarter of production,” said Tyler Page, CEO of Cipher.
“Despite significant curtailment from our power provider at Odessa for plant maintenance and the continuing growth in overall network hash rate, our team did an outstanding job maintaining our uptime and optimizing our portfolio.
We continued to grow our bitcoin inventory, which now stands at ~1,741 BTC.
As part of its regular treasury management process, Cipher sold ~8 BTC in March, ending the month with a balance of ~1,741 BTC.

Goodness Growth Holdings Announces Fourth Quarter and Full Year 2023 Results

Retrieved on:

Monday, April 1, 2024

Interest, International, Goodness, Tenant, Sale, Treasury, Toll, Event, Biomass, Property management

MINNEAPOLIS, April 01, 2024 (GLOBE NEWSWIRE) -- Goodness Growth Holdings, Inc. ("Goodness Growth" or the "Company") (CSE: GDNS; OTCQX: GDNSF), a cannabis company committed to providing safe access, quality products and great value to its customers, today reported financial results for its fourth quarter and full year ended December 31, 2023. Key financial results are presented below in summary form with supporting commentary and discussion from management of certain key operating metrics which the Company uses to judge its performance. All currency figures referenced herein are denominated in U.S. dollars.

Key Points:

2"A Flower" refers to produced biomass that meet the Company's highest internal standards for flower quality, size, and appearance.
As of December 31, 2023, total current assets were $148.9 million, including cash on hand of $16.0 million.
As of December 31, 2023, the Company had a total of 232,799,343 shares outstanding on the treasury method basis.
ET (3:30 p.m. CT) to discuss its financial results for its fourth quarter and full year ended December 31, 2023.

Millicom (Tigo) share repurchase activity

Retrieved on:

Thursday, March 28, 2024

MAR, Nasdaq Stockholm, Treasury, Harbor

All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.

Key Points:

All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
Following the purchases, Millicom holds 705,905 treasury shares as of March,28 2024.
The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/s...

Remuneration of Executives by distribution of Millicom (Tigo) shares

Retrieved on:

Wednesday, March 27, 2024

Millicom, Treasury

Luxembourg, March 27, 2024 – Millicom International Cellular S.A. ("Millicom") announces that, in accordance with the vesting terms and conditions of its performance share-based compensation plan, approved at Millicom’s 2021 annual general meeting of shareholders, it has distributed treasury shares to eligible plan participants, including 158,934 shares to its executive management.

Key Points:

Luxembourg, March 27, 2024 – Millicom International Cellular S.A. ("Millicom") announces that, in accordance with the vesting terms and conditions of its performance share-based compensation plan, approved at Millicom’s 2021 annual general meeting of shareholders, it has distributed treasury shares to eligible plan participants, including 158,934 shares to its executive management.

Trisura Closes the Acquisition of First Founders

Retrieved on:

Tuesday, March 26, 2024

Treasury, TSX, Acquisition, First, Cryptocurrency

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced the closing of the acquisition of First Founders Assurance Company (“FFAC”), a U.S. Treasury listed surety company.

Key Points:

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced the closing of the acquisition of First Founders Assurance Company (“FFAC”), a U.S. Treasury listed surety company.
This acquisition further demonstrates Trisura’s commitment to the U.S. surety market and is an important step in achieving our long-term growth plans.
“The acquisition of First Founders is an exciting step for Trisura and our North American surety capabilities as we further develop our US infrastructure.
As we expand licenses, the Treasury listed entity will allow Trisura to access a broader portion of a larger surety market,” commented David Clare, President & CEO, Trisura.

Parthenon Capital Sells Institutional Cash Distributors, a Leading Independent, Multi-Fund Investment Platform for Corporate Treasury Professionals, to Tradeweb Markets, Inc.

Retrieved on:

Tuesday, April 9, 2024

Finance, Professional Services, Technology, Fintech, Software, Risk management, Growth, Partnership, LLP, Capital, ICD, Investment, Treasury, Kirkland & Ellis, CO, Moelis & Company

Parthenon Capital, a leading growth-oriented private equity firm, announced today the signing of a definitive agreement to sell Institutional Cash Distributors, LLC (“ICD”), an institutional investment software and technology provider for corporate treasury organizations trading short-term investments, to Tradeweb Markets, Inc. (NASDAQ: TW).

Key Points:

Parthenon Capital, a leading growth-oriented private equity firm, announced today the signing of a definitive agreement to sell Institutional Cash Distributors, LLC (“ICD”), an institutional investment software and technology provider for corporate treasury organizations trading short-term investments, to Tradeweb Markets, Inc. (NASDAQ: TW).
Based in Golden, CO, the ICD portal services 500 corporate treasury clients (including nearly 20% of the S&P 100), across 65 industries and more than 45 countries.
Throughout the partnership, Parthenon Capital and management invested in the Company to build the market leading technology solution in corporate treasury liquidity and risk management.
“We are excited about our future with Tradeweb and our ability to continue providing innovative technology and exceptional service to our clients.

Banc of California Announces New Community Banking Leaders

Retrieved on:

Tuesday, April 9, 2024

Finance, Business, Banking, Professional Services, Small Business, Baron, Banq, Commercial property, BANC, Banc of California, Warner Center, Los Angeles, PacWest Bancorp, Treasury, Disability, Bank

Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.

Key Points:

Banc of California, a wholly owned subsidiary of Banc of California Inc. (NYSE: BANC), announced today that it has promoted several leaders in Community Banking, which provides in-market relationship lending and treasury management solutions through its network of branches and regional offices.
Chris Baron has been promoted to President, Community Banking, to oversee Banc of California’s five regions in California and Colorado, along with its national asset-based lending business finance team.
Baron is based in Beverly Hills, California, and reports to Hamid Hussain, President of Banc of California.
In addition, he sits on the BANC Foundation board for Banc of California.

Kyriba Expands Suite of Artificial Intelligence Features to Enhance Liquidity Performance for CFOs

Retrieved on:

Tuesday, April 9, 2024

Kyriba , a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation.

Key Points:

Kyriba , a global innovator in liquidity performance, today announced new AI features within its platform designed to improve cash forecasting, bank connectivity-as-a-service and custom report generation.
This AI product expansion complements existing AI capabilities for payment fraud detection and cash management optimization.
“AI is rapidly evolving and transforming how the finance industry works, and CFOs expect us to support their data and AI strategy,” said Greg Person, Senior Vice President Sales, Account Management and Alliances, of Kyriba.
Through its new AI features, Kyriba delivers advancements in predictive intelligence, AI-driven decision-making and intelligent automation.

Tradeweb to Acquire ICD, a Leading Independent, Multi-Fund Investment Platform for Corporate Treasury Professionals

Retrieved on:

Monday, April 8, 2024

The company has a stable, growing and loyal client base, with 99% client retention and an exceptional net promoter score.

Key Points:

The company has a stable, growing and loyal client base, with 99% client retention and an exceptional net promoter score.
Portfolio Analytics is an AI-driven cloud solution for aggregating positions across a corporate treasury's entire portfolio for analysis and reporting.
Tradeweb CEO Billy Hult said: “ICD is an exceptional opportunity to acquire a leading investment platform for corporate treasurers, a fast-growing channel within fixed income markets and a strong strategic fit for Tradeweb.
As part of Tradeweb, ICD will also be positioned to drive the adoption of electronic trading for corporate treasurers.

Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem

Retrieved on:

Monday, April 8, 2024

“Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.

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“Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.
“Kyriba is committed to cultivating the industry's strongest partner ecosystem and we are thrilled to be extending our innovation through our latest partnership with Workday and collaboration with Onyx.
This innovative cross-border payment solution is complemented by real-time payments and real-time bank reporting through the J.P. Morgan’s Global Payments API, available within the Kyriba Marketplace.
Partners such as Deloitte have made strategic investments in developing a global Kyriba network and are delivering the largest and most complex Kyriba implementations.