Latest news with #596
Business Wire
8 hours ago
- Business
- Business Wire
Arkema: Disclosure of Trading in Own Shares from 26 May to 26 May 2025
LA DÉFENSE, France--(BUSINESS WIRE)--Regulatory News: In accordance with applicable regulations, Arkema (Paris:AKE) announces having carried out the following share buyback transactions in accordance with Article 5 §2 of Regulation (EU) No 596/2014 from 26 May to 26 May 2025 Detailed information can be found on the Group Arkema website:
Business Wire
2 days ago
- Business
- Business Wire
Eurofins: Purchases of Own Shares From May 26th to May 30th 2025
LUXEMBOURG--(BUSINESS WIRE)--Regulatory News: Eurofins (Paris:ERF): Transaction details In accordance with Article 5(1)(b) of Regulation (EU) N° 596/2014 (the Market Abuse Regulation) a full breakdown of the individual trades are disclosed on Eurofins Scientific SE website:
Yahoo
2 days ago
- Business
- Yahoo
Eurofins: Purchases of Own Shares From May 26th to May 30th 2025
LUXEMBOURG, June 02, 2025--(BUSINESS WIRE)--Regulatory News: Eurofins (Paris:ERF): Name of the Issuer Identity code of the Issuer Day of the transaction Identity code of the financial instrument Total daily volume (in number of shares) Daily weighted average purchase price of the shares Market (MIC Code) EUROFINS 529900JEHFM47DYY3S57 26/05/2025 FR0014000MR3 40,000 56.5187 XPAR EUROFINS 529900JEHFM47DYY3S57 26/05/2025 FR0014000MR3 10,000 56.3738 CEUX EUROFINS 529900JEHFM47DYY3S57 27/05/2025 FR0014000MR3 40,000 56.7737 XPAR EUROFINS 529900JEHFM47DYY3S57 27/05/2025 FR0014000MR3 10,000 56.7870 CEUX EUROFINS 529900JEHFM47DYY3S57 28/05/2025 FR0014000MR3 40,000 57.0468 XPAR EUROFINS 529900JEHFM47DYY3S57 28/05/2025 FR0014000MR3 10,000 57.0579 CEUX EUROFINS 529900JEHFM47DYY3S57 29/05/2025 FR0014000MR3 40,000 57.0237 XPAR EUROFINS 529900JEHFM47DYY3S57 29/05/2025 FR0014000MR3 10,000 57.0345 CEUX EUROFINS 529900JEHFM47DYY3S57 30/05/2025 FR0014000MR3 40,000 58.0903 XPAR EUROFINS 529900JEHFM47DYY3S57 30/05/2025 FR0014000MR3 10,000 58.1749 CEUX TOTAL 250,000 57.0896 Transaction details In accordance with Article 5(1)(b) of Regulation (EU) N° 596/2014 (the Market Abuse Regulation) a full breakdown of the individual trades are disclosed on Eurofins Scientific SE website: View source version on Contacts Eurofins Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 days ago
- Business
- Business Wire
Tikehau Capital: Disclosure of Shares Repurchases From 23 May 2025 to 29 May 2025
PARIS--(BUSINESS WIRE)--Regulatory News: Tikehau Capital (Paris:TKO): In accordance with Article 5 of EU Regulation n° 596/2014 (Market Abuse Regulation), detailed information is available on the website of Tikehau Capital: Name of the issuer Issuer Identity Code (LEI) Trading Day ISIN Aggregated volume per day (number of shares) Weighted average price per day Market (MIC Code) TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 23/05/2025 FR0013230612 2,920 19.2618 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 26/05/2025 FR0013230612 2,709 19.5196 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 27/05/2025 FR0013230612 3,350 19.4024 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 28/05/2025 FR0013230612 1,240 18.9992 XPAR TIKEHAU CAPITAL 969500BY8TEU16U3SJ94 29/05/2025 FR0013230612 4,511 19.2816 XPAR TOTAL 14,730 19.3251 Expand
TimesLIVE
28-05-2025
- Automotive
- TimesLIVE
China car market price war stokes fears of industry shake-out
An intensifying auto industry price war in China has stoked fears of a long-anticipated shake-out in the world's largest car market. Shares of China's largest carmakers sank Monday after Chinese electric vehicle giant BYD offered fresh discounts across more than a dozen models, and an executive at another car company fretted openly about the country's deepening price war. BYD's moves cut the starting price of its cheapest model, the battery-powered Seagull hatchback, to 55,800 yuan (R139,596), from nearly $10,000 (R179,779). The BYD price cuts, along with other developments, signal a potential tipping point, where weaker players can no longer sustain deepening losses from the downward spiral on prices, said Tu Le, MD of Sino Auto Insights, an advisory firm. 'This points to a bloodbath later this year,' he said. 'This could be the first domino that would finally put pressure on weaker players, startups such as Neta and Polestar, that have been teetering.' On Friday, the chair of Great Wall Motors, Wei Jianjun, warned that China's car sector was in an unhealthy state, with pricing pressure hammering the bottom lines of car companies and suppliers. He drew a parallel to Evergrande, the Chinese property developer that was liquidated last year after a major debt crisis. " Evergrande in the automobile industry exists, but it has not collapsed," he told Sina Finance in an interview. In another sign of stress in the market, Reuters reported Chinese commerce regulators are examining a growing phenomenon that has also strained the industry: sales of 'used cars' that are essentially new cars with zero miles. The tactic is seen as a way for carmakers and dealers to hit aggressive sales targets, a person familiar with the matter told Reuters. The Hong Kong-listed shares of BYD closed 8.6% lower on Monday, while Geely Auto fell 9.5%. Others, such as Nio and Leapmotor, closed between 3% and 8.5% lower. A slew of startup companies have piled into China's car market over the past decade, drawn by the burgeoning electric vehicle sector. The market has grown crowded with cut-throat price competition and most companies sustaining heavy losses. Of the 169 carmakers operating in China today, more than half have less than 0.1% market share, according to data from research firm Jato Dynamics. The crowded field is reminiscent of the US car sector in the early 20th century, when more than 100 companies vied with big players such as Ford before the industry consolidated. Le said the price war has lasted roughly three years. Car makers once enjoyed a premium for advanced features such as driver-assistance systems that take control of steering and braking in certain situations, but more have been offering these as part of the sticker price. Last week, China's state planner cautioned that competition in some industries was getting too heated, with some companies selling their cars below cost, disrupting fair competition. On Friday, Wei warned the prolonged price war was harming the automotive supply chain. Some suppliers are at risk of going under because of pressure from car companies to lower their prices, he said. "Some products have been reduced from 220,000 yuan (R548,805) to 120,000 yuan (R299,449) in the past few years,' he said, without naming companies. 'What kind of industrial products can be reduced by 100,000 yuan (R249,541) and have quality assurance?' Predictions of consolidation in China's car market have gone on for years, but the field has only grown, said Michael Dunne, a consultant who closely follows the China car industry. 'BYD's price cuts will drive out some of the weaker players,' he said.
