STE

STERIS Announces Dividend of $0.52 per share

Retrieved on: 
Tuesday, January 30, 2024

DUBLIN, IRELAND , Jan. 30, 2024 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that the Company will distribute a quarterly interim dividend of $0.52 per share.

Key Points: 
  • DUBLIN, IRELAND , Jan. 30, 2024 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that the Company will distribute a quarterly interim dividend of $0.52 per share.
  • The dividend is payable on March 22, 2024, to shareholders of record at the close of business on February 23, 2024.
  • Additional information about the U.S. tax treatment of dividends, including required Forms 8937, is available at www.steris-ir.com .
  • STERIS is a leading global provider of products and services that support patient care with an emphasis on infection prevention.

Notice to the Annual General Meeting of Stora Enso Oyj

Retrieved on: 
Thursday, February 1, 2024

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Wednesday 20 March 2024. Notice to the Annual General Meeting  Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Wednesday 20 March 2024 at 4:00 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, FI-00160, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2:15 p.m. Finnish time at the meeting venue.   Shareholders can also exercise their voting rights by voting in advance. Instructions for advance voting are presented in this notice under section C. Instructions for the participants in the AGM.  The AGM will be conducted in the Finnish language. Simultaneous translation will be available in the meeting room into the English and, when relevant, Finnish languages.Before the AGM, at 2:45 – 3:30 p.m. Finnish time, Stora Enso's President and CEO Hans Sohlström and CFO Seppo Parvi will be available in Marina Congress Center to discuss with the shareholders. The event is not part of the AGM and will be held in Finnish with simultaneous translation into English. In connection with the event, participants can present questions to the Company's management, but the event will not be a forum for decision-making. Questions presented at the event are thus not questions referred to in Chapter 5, Section 25 of the Finnish Companies Act.

Key Points: 
  • PricewaterhouseCoopers Oy would also act as the sustainability reporting assurance provider of the Company until the end of the Company's next Annual General Meeting.
  • The personal data provided to Stora Enso Oyj will be used only in connection with the AGM and with the processing of related registrations.
  • Request temporary registration in the shareholders' register of Stora Enso Oyj maintained by Euroclear Finland Oy.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Notice to the Annual General Meeting of Stora Enso Oyj

Retrieved on: 
Thursday, February 1, 2024

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Wednesday 20 March 2024. Notice to the Annual General Meeting  Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Wednesday 20 March 2024 at 4:00 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, FI-00160, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2:15 p.m. Finnish time at the meeting venue.   Shareholders can also exercise their voting rights by voting in advance. Instructions for advance voting are presented in this notice under section C. Instructions for the participants in the AGM.  The AGM will be conducted in the Finnish language. Simultaneous translation will be available in the meeting room into the English and, when relevant, Finnish languages.Before the AGM, at 2:45 – 3:30 p.m. Finnish time, Stora Enso's President and CEO Hans Sohlström and CFO Seppo Parvi will be available in Marina Congress Center to discuss with the shareholders. The event is not part of the AGM and will be held in Finnish with simultaneous translation into English. In connection with the event, participants can present questions to the Company's management, but the event will not be a forum for decision-making. Questions presented at the event are thus not questions referred to in Chapter 5, Section 25 of the Finnish Companies Act.

Key Points: 
  • PricewaterhouseCoopers Oy would also act as the sustainability reporting assurance provider of the Company until the end of the Company's next Annual General Meeting.
  • The personal data provided to Stora Enso Oyj will be used only in connection with the AGM and with the processing of related registrations.
  • Request temporary registration in the shareholders' register of Stora Enso Oyj maintained by Euroclear Finland Oy.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Stora Enso plans a programme to improve long-term profitability and competitiveness

Retrieved on: 
Thursday, February 1, 2024

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- Due to the continued weak and uncertain market environment, Stora Enso plans to initiate a new profit improvement programme targeting annualised EUR 80 million improvement of the operational EBIT. This could lead to a potential reduction of approximately 1,000 employees. Local change negotiations in line with the local legislations will start as soon as country specific plans are further detailed.The profit improvement programme is designed to improve Stora Enso's long-term competitiveness by focusing on core business activities that can drive the Group's strategy supported by a decentralised operating model. The profit improvement programme would be implemented without any new production site closures.The majority of the savings would materialise during 2025, and the larger part of the employee reductions are planned to take place during the first half of 2024. The employee reductions, efficiency improvements and synergy opportunities would impact all divisions and Group functions and reflect the size of their respective organisations. "Although difficult, this plan is necessary to ensure our long-term success and competitiveness. Last year, we completed a restructuring programme which led to the identification of synergy opportunities, which we plan to address with our new profit improvement initiative. We are facing persistent weakness in the macroeconomic and geopolitical environment and need to focus on core business activities which align with our strategy. Through this programme we would strengthen our focus on profitability making us more competitive and resilient to market uncertainties," says Hans Sohlström, Stora Enso's President and CEO.No decisions regarding the planned employee reductions will be taken until the change negotiations have been concluded according to local regulations. At the end of last year Stora Enso completed a restructuring programme which was initiated in June 2023. The programme resulted in an annual operational EBIT improvement of EUR 110 million and 1,150 employee reductions.For further information, please contact: Carl Norell SVP Corporate Communications tel. +46 72 241 0349  Investor enquiries: Anna-Lena Åström SVP Investor Relations tel. +46 70 210 7691  Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 21,000 employees and our sales in 2022 were EUR 11.7 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors   STORA ENSO OYJ

Key Points: 
  • Local change negotiations in line with the local legislations will start as soon as country specific plans are further detailed.
  • The profit improvement programme is designed to improve Stora Enso's long-term competitiveness by focusing on core business activities that can drive the Group's strategy supported by a decentralised operating model.
  • Through this programme we would strengthen our focus on profitability making us more competitive and resilient to market uncertainties," says Hans Sohlström, Stora Enso's President and CEO.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Stora Enso plans a programme to improve long-term profitability and competitiveness

Retrieved on: 
Thursday, February 1, 2024

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- Due to the continued weak and uncertain market environment, Stora Enso plans to initiate a new profit improvement programme targeting annualised EUR 80 million improvement of the operational EBIT. This could lead to a potential reduction of approximately 1,000 employees. Local change negotiations in line with the local legislations will start as soon as country specific plans are further detailed.The profit improvement programme is designed to improve Stora Enso's long-term competitiveness by focusing on core business activities that can drive the Group's strategy supported by a decentralised operating model. The profit improvement programme would be implemented without any new production site closures.The majority of the savings would materialise during 2025, and the larger part of the employee reductions are planned to take place during the first half of 2024. The employee reductions, efficiency improvements and synergy opportunities would impact all divisions and Group functions and reflect the size of their respective organisations. "Although difficult, this plan is necessary to ensure our long-term success and competitiveness. Last year, we completed a restructuring programme which led to the identification of synergy opportunities, which we plan to address with our new profit improvement initiative. We are facing persistent weakness in the macroeconomic and geopolitical environment and need to focus on core business activities which align with our strategy. Through this programme we would strengthen our focus on profitability making us more competitive and resilient to market uncertainties," says Hans Sohlström, Stora Enso's President and CEO.No decisions regarding the planned employee reductions will be taken until the change negotiations have been concluded according to local regulations. At the end of last year Stora Enso completed a restructuring programme which was initiated in June 2023. The programme resulted in an annual operational EBIT improvement of EUR 110 million and 1,150 employee reductions.For further information, please contact: Carl Norell SVP Corporate Communications tel. +46 72 241 0349  Investor enquiries: Anna-Lena Åström SVP Investor Relations tel. +46 70 210 7691  Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 21,000 employees and our sales in 2022 were EUR 11.7 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors   STORA ENSO OYJ

Key Points: 
  • Local change negotiations in line with the local legislations will start as soon as country specific plans are further detailed.
  • The profit improvement programme is designed to improve Stora Enso's long-term competitiveness by focusing on core business activities that can drive the Group's strategy supported by a decentralised operating model.
  • Through this programme we would strengthen our focus on profitability making us more competitive and resilient to market uncertainties," says Hans Sohlström, Stora Enso's President and CEO.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).

Stora Enso resolved on two new long-term incentive plans for key employees

Retrieved on: 
Thursday, February 1, 2024

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.

Key Points: 
  • HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.
  • Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees.
  • The purpose of the plans is to align the key employees' interests with those of the shareholders to increase the Company's value in the long term, as well as to retain the key employees and offer them competitive share-based incentive schemes.
  • In the plan, the target group has an opportunity to be rewarded Stora Enso Oyj shares based on performance.

Stora Enso resolved on two new long-term incentive plans for key employees

Retrieved on: 
Thursday, February 1, 2024

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.

Key Points: 
  • HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries.
  • Stora Enso's goal is to offer remuneration that motivates, encourages, attracts, and retains top-tier employees.
  • The purpose of the plans is to align the key employees' interests with those of the shareholders to increase the Company's value in the long term, as well as to retain the key employees and offer them competitive share-based incentive schemes.
  • In the plan, the target group has an opportunity to be rewarded Stora Enso Oyj shares based on performance.

Algoma Steel to Announce Fiscal 2024 Third Quarter Results February 6, 2024

Retrieved on: 
Monday, January 29, 2024

MARIE, Ontario, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2024 third quarter financial results after the market closes on Tuesday, February 6, 2024.

Key Points: 
  • MARIE, Ontario, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its fiscal 2024 third quarter financial results after the market closes on Tuesday, February 6, 2024.
  • A webcast and conference call will be held on Wednesday, February 7, 2024 at 11:00 a.m. Eastern Time to review the Company’s results, discuss recent events, and conduct a question-and-answer session.
  • For those unable to access the webcast, the conference call will be accessible domestically or internationally by dialing 877-425-9470 or 201-389-0878, respectively.
  • Upon dialing in, please request to join the Algoma Steel Fiscal Third Quarter Conference Call.

STERIS to Host a Conference Call for Fiscal 2024 Third Quarter Financial Results on February 8, 2024

Retrieved on: 
Tuesday, January 23, 2024

DUBLIN, IRELAND, Jan. 23, 2024 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that it will host a conference call to discuss its fiscal 2024 third quarter financial results at 9:00 a.m.

Key Points: 
  • DUBLIN, IRELAND, Jan. 23, 2024 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that it will host a conference call to discuss its fiscal 2024 third quarter financial results at 9:00 a.m.
  • The conference call can be heard live at www.steris-ir.com or via phone by dialing 1-833-535-2199 in the United States or 1-412-902-6776 internationally, then asking to join the conference call for STERIS plc.
  • A press release detailing financial results will be issued after the U.S. market closes on February 7, 2024.
  • For those unable to listen to the conference call live, a replay will be available beginning at 12:00 p.m.

Algoma Steel Provides Update on Incident at Coke-Making Plant

Retrieved on: 
Tuesday, January 23, 2024

MARIE, Ontario, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided an update further to the incident on Saturday, January 20 at its coke-making plant when a structure supporting utilities piping collapsed.

Key Points: 
  • MARIE, Ontario, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided an update further to the incident on Saturday, January 20 at its coke-making plant when a structure supporting utilities piping collapsed.
  • As a result, Algoma currently believes that there is a low risk of impact to the adjacent waterway.
  • A repair plan for the coke-making plant is being developed with third party engineering support in accordance with Algoma's Environmental Compliance Approval.
  • At the time of the coke-making incident, for safety reasons Blast Furnace operations were temporarily suspended while the site was secured.