LONDON: HSBC Holdings plc reported a 23% jump in first-half profit to $19.5 billion on Tuesday, beating analyst expectations and prompting the bank to resume share buybacks with a $1 billion programme as Chief Executive Georges Elhedery declared the lender “capable of achieving more.” Europe’s largest bank by market capitalisation posted profit before tax of $19.52…
LONDON: HICL Infrastructure PLC announced its annual results for the year ended March 31, 2025, reporting a decline in net asset value (NAV) per share but highlighting solid operational performance and an expanded share buyback program. The company’s NAV per share decreased by 5.1 pence (-3.2%) to 153.1 pence, primarily due to an increase in…
LONDON: ITV plc has extended an offer to repurchase its outstanding €600 million 1.375% notes due in September 2026. The buyback is contingent on the successful issuance of new debt under the company’s Euro Medium Term Note Programme. The tender offer, detailed in a memorandum released on June 7, 2024, invites note holders to sell…
PARIS: Retail giant Carrefour has announced a significant share buyback, acquiring 25 million of its own shares from Galfa, a subsidiary of the Motier group. This transaction, representing approximately 3.5% of Carrefour’s capital, will see Galfa’s remaining stake in the company adjust to 7.71% of the capital and 13.3% of the voting rights. This buyback…
LONDON, UK: Pfizer Inc. has declared its intention to offload a substantial portion of its shares in Haleon plc. The transaction involves approximately 630 million ordinary shares, including those represented by American Depositary Shares (ADSs), through a dual public offering in the United States and an international offering to qualified investors. The pricing for this…
AMSTERDAM: Arcadis announced the start of a share buyback program to repurchase up to 1.85 million shares to cover existing obligations under employee incentive plans and to cover commitments for stock dividend. The intention to launch this buyback program was announced in the press release of the full year results 2020, published on 18 February…
LONDON: Globaltrans Investment PLC announced that it is launching a buyback programme having received approval from its shareholders at the Extraordinary General Meeting. The buyback programme is for the Company’s Global Depositary Receipts (GDRs) listed on the Main Market of the London Stock Exchange and will run for a period of twelve months from the…