Forging Europe's green steel revolution
Steel is one of the world's dirtiest industries, but as CNN's Marketplace Europe reveals from eco-summit ChangeNOW, a seismic shift is underway - one being pushed by Swedish giant SSAB.
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20 minutes ago
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EQT announces changes to the Executive Committee
Veteran EQT partner James Yu appointed to EQT's Executive Committee as Head of Client Relations and Capital Raising - overseeing EQT's client relations, capital raising and capital markets teams - as part of an introduction of a more agile and simplified operating model. Chief Commercial Officer Suzanne Donohoe, Bahare Haghshenas, Head of Sustainable Transformation, and Ricardo Reyes, Head of Communications & External Affairs, have decided to step off the Executive Committee and will leave EQT. STOCKHOLM, June 2, 2025 /PRNewswire/ -- EQT has today announced the appointment of James Yu, who joined EQT in 2013 and most recently served as Global Head of EQT Capital Markets, as Head of Client Relations and Capital Raising. The role brings together responsibility for two of EQT's key client facing teams – Client Relations & Capital Raising and Debt & Equity Capital Markets – as part of EQT's drive to constantly refine and strengthen its operating model. Yu will be the eighth member of EQT's Executive Committee, alongside CEO Per Franzén; Christina Drews, COO; Kim Henriksson, CFO; Gustav Segerberg, Head of Business Development and CEO Office; Jean Salata, Asia Chairperson and Head of Private Capital Asia; Lennart Blecher, Deputy Managing Partner and Chairperson of Real Assets; and Masoud Homayoun, Head of Infrastructure. Chief Commercial Officer Suzanne Donohoe, along with Bahare Haghshenas, Head of Sustainable Transformation, and Ricardo Reyes, Head of Communications & External Affairs, have stepped off the Executive Committee. Donohoe will remain involved to support select private wealth initiatives while Haghshenas will depart EQT later this year after a transition period. EQT's sustainability expertise remains a critical part of EQT's futureproofing capabilities and – going forward – will be even more closely integrated across the firm's investment strategies and operations. "EQT is always looking to stay ahead of the curve. The changes to the Executive Committee reflect a simplified operational model, putting us in an even stronger position to continue to deliver for our clients in today's market," said CEO and Managing Partner Per Franzén. "I'm excited to welcome James Yu to the Executive Committee. In this new role, Jim will lead our efforts towards a seamless client offering through closer collaboration across the EQT platform. By merging the client relations and capital market teams, we will be in a better position to drive further innovation at the intersection of capital raising and capital markets. I warmly thank Suzanne, Bahare and Ricardo for their contributions to EQT's growth journey to date and wish them all the best." ContactOlof Svensson, Head of Shareholder Relations, +46 72 989 09 15EQT Press Office, press@ +46 8 506 55 33 This information was brought to you by Cision The following files are available for download: PR_EQT Executive Committee changes_02.06.25 DSC02524 View original content:
Yahoo
25 minutes ago
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International Petroleum Corporation Announces Results of Normal Course Issuer Bid and Updated Share Capital
TORONTO, June 02, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC repurchased a total of 89,200 IPC common shares (ISIN: CA46016U1084) during the period of May 26 to 30, 2025 under IPC's normal course issuer bid / share repurchase program (NCIB). IPC's NCIB, announced on December 3, 2024, is being implemented in accordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and Commission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation) and the applicable rules and policies of the Toronto Stock Exchange (TSX) and Nasdaq Stockholm and applicable Canadian and Swedish securities laws. During the period of May 26 to 30, 2025, IPC repurchased a total of 60,000 IPC common shares on Nasdaq Stockholm. All of these share repurchases were carried out by Pareto Securities AB on behalf of IPC. A summary and detailed breakdown of the transactions conducted on Nasdaq Stockholm during the period of May 26 to 30, 2025 according to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available with this press release on IPC's website: During the same period, IPC purchased a total of 29,200 IPC common shares on the TSX. All of these share repurchases were carried out by ATB Securities Inc. on behalf of IPC. All common shares repurchased by IPC under the NCIB will be cancelled. During May 2025, IPC cancelled 605,560 common shares repurchased under the NCIB. As at May 30, 2025, the total number of issued and outstanding IPC common shares is 113,642,559 with voting rights, of which IPC holds 40,000 common shares in treasury. Since December 5, 2024 up to and including May 30, 2025, a total of 6,068,324 IPC common shares have been repurchased under the NCIB through the facilities of the TSX and Nasdaq Stockholm. A maximum of 7,465,356 IPC common shares may be repurchased over the period of twelve months commencing December 5, 2024 and ending December 4, 2025, or until such earlier date as the NCIB is completed or terminated by IPC. International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth. IPC is a member of the Lundin Group of Companies. IPC is incorporated in Canada and IPC's shares are listed on the Toronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the symbol "IPCO". For further information, please contact: Rebecca GordonSVP Corporate Planning and Investor +41 22 595 10 50 Or Robert ErikssonMedia Managerreriksson@ +46 701 11 26 15 This information is information that International Petroleum Corporation is required to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the contact persons set out above, at 08:45 CEST on June 2, 2025. Forward-Looking Statements This press release contains statements and information which constitute "forward-looking statements" or "forward-looking information" (within the meaning of applicable securities legislation). Such statements and information (together, "forward-looking statements") relate to future events, including the Corporation's future performance, business prospects or opportunities. Actual results may differ materially from those expressed or implied by forward-looking statements. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Forward-looking statements speak only as of the date of this press release, unless otherwise indicated. IPC does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws. All statements other than statements of historical fact may be forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, forecasts, guidance, budgets, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", 'forecast', "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "budget" and similar expressions) are not statements of historical fact and may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements with respect to: the ability and willingness of IPC to continue the NCIB, including the number of common shares to be acquired and cancelled and the timing of such purchases and cancellations; and the return of value to IPC's shareholders as a result of any common share repurchases. The forward-looking statements are based on certain key expectations and assumptions made by IPC, including expectations and assumptions concerning: the potential impact of tariffs implemented in 2025 by the U.S. and Canadian governments and that other than the tariffs that have been implemented, neither the U.S. nor Canada (i) increases the rate or scope of such tariffs, or imposes new tariffs, on the import of goods from one country to the other, including on oil and natural gas, and/or (ii) imposes any other form of tax, restriction or prohibition on the import or export of products from one country to the other, including on oil and natural gas; prevailing commodity prices and currency exchange rates; applicable royalty rates and tax laws; interest rates; future well production rates and reserve and contingent resource volumes; operating costs; our ability to maintain our existing credit ratings; our ability to achieve our performance targets; the timing of receipt of regulatory approvals; the performance of existing wells; the success obtained in drilling new wells; anticipated timing and results of capital expenditures; the sufficiency of budgeted capital expenditures in carrying out planned activities; the timing, location and extent of future drilling operations; the successful completion of acquisitions and dispositions and that we will be able to implement our standards, controls, procedures and policies in respect of any acquisitions and realize the expected synergies on the anticipated timeline or at all; the benefits of acquisitions; the state of the economy and the exploration and production business in the jurisdictions in which IPC operates and globally; the availability and cost of financing, labour and services; our intention to complete share repurchases under our normal course issuer bid program, including the funding of such share repurchases, existing and future market conditions, including with respect to the price of our common shares, and compliance with respect to applicable limitations under securities laws and regulations and stock exchange policies; and the ability to market crude oil, natural gas and natural gas liquids successfully. Although IPC believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because IPC can give no assurances that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to: general global economic, market and business conditions; the risks associated with the oil and gas industry in general such as operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to reserves, resources, production, revenues, costs and expenses; health, safety and environmental risks; commodity price fluctuations; interest rate and exchange rate fluctuations; marketing and transportation; loss of markets; environmental and climate-related risks; competition; innovation and cybersecurity risks related to our systems, including our costs of addressing or mitigating such risks; the ability to attract, engage and retain skilled employees; incorrect assessment of the value of acquisitions; failure to complete or realize the anticipated benefits of acquisitions or dispositions; the ability to access sufficient capital from internal and external sources; failure to obtain required regulatory and other approvals; geopolitical conflicts, including the war between Ukraine and Russia and the conflict in the Middle East, and their potential impact on, among other things, global market conditions; political or economic developments, including, without limitation, the risk that (i) one or both of the U.S. and Canadian governments increases the rate or scope of tariffs implemented in 2025, or imposes new tariffs on the import of goods from one country to the other, including on oil and natural gas, (ii) the U.S. and/or Canada imposes any other form of tax, restriction or prohibition on the import or export of products from one country to the other, including on oil and natural gas, and (iii) the tariffs imposed by the U.S. on other countries and responses thereto could have a material adverse effect on the Canadian, U.S. and global economies, and by extension the Canadian oil and natural gas industry and the Corporation; and changes in legislation, including but not limited to tax laws, royalties, environmental and abandonment regulations. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect IPC, or its operations or financial results, are included in IPC's annual information form for the year ended December 31, 2024 (See 'Cautionary Statement Regarding Forward-Looking Information", "Reserves and Resources Advisory' and 'Risk Factors'), in the management's discussion and analysis (MD&A) for the three months ended March 31, 2025 (See "Risk Factors', 'Cautionary Statement Regarding Forward-Looking Information" and "Reserves and Resources Advisory") and other reports on file with applicable securities regulatory authorities, including previous financial reports, management's discussion and analysis and material change reports, which may be accessed through the SEDAR+ website ( or IPC's website ( in to access your portfolio
Yahoo
25 minutes ago
- Yahoo
Repurchase of Truecaller B shares in week 22, 2025
STOCKHOLM, June 2, 2025 /PRNewswire/ -- During 26 May 2025 and 30 May 2025 Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 150,000 own B shares (ISIN: SE0016787071), corresponding to 0.04% of outstanding capital, as part of the share buyback programme initiated by the board of directors. The share buybacks form part of the share buyback programme announced by Truecaller on 30 May 2025. The share buyback programme will run between 30 May up until the 2026 AGM which will be held in May 2026, and is carried out in accordance "Emittentregelverket". On the Annual General Meeting 2025 the Board was authorized to buy back B-shares up until the Annual General Meeting in 2026. The new authorization means that buybacks may be made so that the company's shareholding does not exceed ten (10) percent of the total number of shares in the company outstanding as of the date of the annual general meeting. Date: Aggregated dailyvolume (number ofshares): Weighted average shareprice per day (SEK): Total daily transactionvalue (SEK): 30 May 2025 150 000 65.40 9 809 839 Total accumulated overweek 22/2025 150 000 65.40 9 809 839 Total accumulatedduring the buybackprogram 150 000 65.40 9 809 839 All acquisitions have been carried out on Nasdaq Stockholm by Carnegie on behalf of Truecaller. Following the above acquisitions. Truecaller's holding of own shares amounts to 4,095,332 B shares and 5,017,786 C-shares as of 30 May 2025, which corresponds to 2.54% of the outstanding capital. The total number of shares in Truecaller, including own shares, now amounts to 353,079,080 and the number of outstanding shares, excluding own shares, amounts to 343,965,962. For more information, please contact:Andreas Frid, Head of IR & Communication+46 705 29 08 00 About Truecaller: Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 450 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit This information was brought to you by Cision The following files are available for download: Press release buybacks week 22 2025 Truecaller 250602 View original content: SOURCE Truecaller AB
