PARIS: Bureau Veritas posted robust first-half results for 2025, fueled by strong organic revenue growth and margin expansion as the company accelerated the execution of its LEAP | 28 strategic plan. The inspection and certification giant reaffirmed its full-year outlook, citing resilient performance across regions and industries and tangible gains from ongoing performance programs. Key…
Tag: Share buyback
Informa powers ahead: 20%+ earnings surge triggers upgraded guidance and £150m buyback boost
LONDON: Global B2B events and academic information giant Informa PLC (LSE: INF.L) delivered a robust set of half-year results for 2025, showcasing significant growth across key financial metrics and prompting an upgrade to its full-year outlook. The company also committed to a further £150 million in share buybacks, underscoring confidence in its trajectory. Strong Core…
ASML posts strong Q2 results; Sees full-year sales rising 15%
VELDHOVEN: ASML Holding NV (ASML) reported second-quarter net sales of €7.7 billion and a net income of €2.3 billion, meeting the upper range of its guidance, the chip equipment maker said Wednesday. Gross margin for the quarter was 53.7%, slightly down from 54.0% in Q1 but above the company’s forecast. Net bookings rose to €5.5…
Jet2 reports record revenue and profit growth in FY2025, Boosts dividend and launches share buyback
LEEDS: Jet2 plc, the UK-based leisure travel group, reported strong financial results for the year ended March 31, 2025, driven by increased passenger volumes, strategic expansion, and robust demand for holiday travel. The company posted a 15% year-over-year increase in revenue to £7.17 billion, while profit before taxation rose 12% to £593.2 million. Operating profit…
Phoenix Digital Assets posts strong FY2024 results, Returns £33.7 million to shareholders
LONDON: Phoenix Digital Assets PLC (AQSE: PNIX) on Monday reported a sharp rise in profits for the fiscal year ended Dec. 31, 2024, and announced a major capital return to shareholders following a significant share buyback. The company posted a post-tax profit of £19.7 million, up from £17.6 million in 2023, with net asset value…
Aviva Plc reports 9% increase in operating profit to £1.46 billion in 2023
LONDON, UK: Aviva Plc, the UK’s largest insurer, announced its 2023 annual results on Thursday, showing a 9% increase in group operating profit to £1,467m and a 12% increase in solvency II operating own funds generation to £1,729m. The company also declared a final dividend of 22.3 pence per share, up 8% from the previous…
HICL sells US toll-road project for US$232m and launches share buyback
HICL Infrastructure Company Limited (HICL) has announced the sale of its stake in the US Northwest Parkway toll-road project to VINCI Highways SAS for a net consideration of about US$232m, which is 30% higher than its latest valuation. The sale is part of HICL’s strategy to recycle capital from mature assets and invest in new…
Avon Protection plc commences £18.5mn share buyback
LONDON, UK: Avon Protection plc intends to commence a share buyback programme in respect of its ordinary shares of £1 each up to a maximum consideration of £18.5 million. The purpose of the Share Buyback Programme is to reduce the share capital of the Group in order to return value to shareholders. Avon Protection plans…
BNP Paribas launches a share buyback program of 900 million euros
PARIS, FRANCE: BNP Paribas announced the launch of a share buyback program of BNP Paribas S.A. ordinary shares for a maximum total amount of €900 million. BNP Paribas has received the approval from the European Central Bank and a contract was concluded with an investment services provider acting independently, entrusted by an irrevocable instruction to…
Anglo American to return an additional $2 billion to shareholders
LONDON, UK: Anglo American plc announced its intention to return an additional $2 billion to its shareholders through an on-market irrevocable and non-discretionary share buyback programme of $1 billion and a special dividend of $0.80 per ordinary share, equal to $1 billion. Mark Cutifani, Chief Executive of Anglo American, said: “We entered this period of…
ArcelorMittal announces new $2.2 billion share buyback program
AMSTERDAM, NETHERLANDS: ArcelorMittal has announced a new share buyback program in the amount of $2.2 billion under the authorization given by the annual general meeting of shareholders held on 8 June 2021. Company will return the proceeds from the redeemed Cleveland Cliffs preference shares and advance a part of its prospective 2022 capital return to…
Uranium specialist Yellow Cake Plc begins $10 million share buyback programme
LONDON: Yellow Cake, a specialist company operating in the uranium sector with a view to holding physical uranium for the long term, announced the initiation of its enlarged share buyback programme to purchase up to US$10 million of the Company’s Ordinary Shares over three months, commencing on 8 July 2020. This follows the sale of…