Latest news with #Cboe
Yahoo
18 hours ago
- Business
- Yahoo
After the TACO trade, here comes the ‘Trump collar.' What that means for stocks.
Early action on Monday shows Wall Street starting the week on the back foot, as trade-war concerns once again dominate the narrative. This may come as no surprise to Charlie McElligott, strategist at Nomura. What on Earth is going on with the American consumer? My daughter's boyfriend, a guest in my home, offered to powerwash part of my house — then demanded money I help my elderly mother every day and drive her to appointments. Can I recoup my costs from her estate? My father-in-law has dementia and is moving in with us. Can we invoice him for a caregiver? 'I'm not wildly wealthy, but I've done well': I'm 79 and have $3 million in assets. Should I set up 529 plans for my grandkids? Known for his colorful stream-of-consciousness notes examining derivatives, McElligott taps the ever-expanding lexicon of Trump trades to tout the 'Trump collar' as a way to explain the latest market moves. A collar, in option markets, is a strategy used to protect against significant losses, but which also limits potential profits. Collars tend to be used when a trader is generally optimistic about an asset owned for the long term, but there's concern about short-term volatility in the market. The trade is struck by buying an out-of-the money put option (the right to sell a security at a particular strike price within a given time period) and selling an out-of-the-money call option (the right to buy a security at a particular strike price within the same time period). 'Out of the money' refers to when a call-option strike price is above the current asset price and when a put-option strike price is below the asset price. McElligott argues that investors should think in terms of a collar when they consider a market that is kept in a range by U.S. President Donald Trump's tariff rhetoric — a market that seems to want to trundle higher, but which is regularly knocked back by Truth Social posts. 'You all know 'Art of the Deal' Trump … and over the past month+, the 'TACO'-kind … but what it all adds up to now is the de facto 'Trump Collar,' as the market retrains the reaction function in the 'Human VVIX' era,' says McElligott in an email missive sent Friday. Readers will by now be familiar with the TACO trade. The VVIX is a gauge that measures the volatility of the Cboe volatility index 'VIX' VIX, and McElligott is clearly laying the cause of market vacillations at the feet of Trump. He presents the table below to illustrate just how much Trump — the 'Status Quo Disruptor in Chief,' as he calls the Republican president — has been impacting markets. McElligott says that, late last week, when the S&P 500 SPX sat only a few percentage points shy of February's record high, the stock market was in the upper band of its range trade because investors have come to terms with what the analyst calls Trump-collar 'reflexivity.' By this he means that traders are aware that a falling market, in response to harsh Trump trade talk, will subsequently be lifted by Trump's delivery of more soothing trade comments. But 'Trump then becomes re-emboldened' and talks tough again, causing investors to sell call options to hedge against declines. We see this happening when the S&P 500 moves back toward the 6,000 level, according to McElligott. Then in response to the 'Human VVIX' downside scenario — as Trump again talks tough — the volatility of volatility re-expands, and U.S. dollar assets trade lower again in unstable fashion. That once again 'restrikes the Trump Put, as his 'pain threshold' is hit in financial markets' and they rally back 'off the precipice,' he said. 'Rinse, repeat,' says McElligott. He says that, if a trader had bought S&P 500 futures five days after Trump delivered some of his fiery tariff rhetoric — the market had fallen in response — and sold S&P 500 futures five days after Trump pulled back from that earlier position — the market had then rallied — the trade would have resulted in a 12% return. U.S. stock-indices SPX DJIA COMP are lower at the opening bell as benchmark Treasury yields BX:TMUBMUSD10Y rise. The dollar index DXY is lower, and gold GC00 is trading around $3.355 an ounce. Oil prices CL.1 are sharply higher despite OPEC+ announcing another sharp production hike. Key asset performance Last 5d 1m YTD 1y S&P 500 5911.69 1.88% 3.96% 0.51% 12.02% Nasdaq Composite 19,113.77 2.01% 6.32% -1.02% 14.21% 10-year Treasury 4.447 -7.10 9.80 -12.90 5.20 Gold 3375 0.52% 0.94% 27.87% 42.33% Oil 62.84 2.15% 9.80% -12.56% -15.09% Data: MarketWatch. Treasury yields change expressed in basis points Need to Know starts early and is updated until the opening bell, but to get it delivered once to your email box. The emailed version will be sent out at about 7:30 a.m. Eastern. U.S. economic data due on Monday include the S&P final U.S. manufacturing PMI for May at 9:45 a.m. Eastern, followed at 10 a.m. by the ISM manufacturing survey for May. China has vowed to fight back over what it called 'discriminatory restrictive measures' by the U.S. that it said are endangering an agreement hammered out between the two countries last month. Shares of Cleveland-Cliffs CLF, Nucor NUE and Steel Dynamics STLD are surging after Donald Trump said he was slapping 50% tariffs on steel imports. The Federal Reserve will likely be able to lower interest rates this year, and recent data support this outlook, Fed governor Christopher Waller said. Fed Chair Jerome Powell will make some opening remarks at 1 p.m. Ahead of him, Dallas Fed President Lorie Logan speaks at 10:15 a.m., and Chicago Fed President Austan Goolsbee speaks at 12:45 p.m. The law firms that appeased Trump — and angered their clients. 'You are going to panic,' Jamie Dimon tells regulators about what will happen when the bond market cracks. Why are bond investors contrarian while equity investors extrapolate? There's a lot of chatter about how rising Treasury yields may be damping demand for stocks. But as Goldman Sachs shows, it's not so much the height of yields that's the problem, but more the speed at which they rise. Read: Here's why Goldman still sees 10% upside to the S&P 500, even with bond yields rising Here were the most active stock-market ticker symbols on MarketWatch as of 6 a.m. Eastern. Ticker Security name NVDA Nvidia TSLA Tesla GME GameStop PLTR Palantir Technologies BMGL Basel Medical AAPL Apple MLGO MicroAlgo AMC AMC Entertainment TSM Taiwan Semiconductor Manufacturing NIO NIO A big legal splash at Walt Disney World. Millions of honeybees abuzz after truck overturns in Washington state. Anthropic's new AI model didn't just 'blackmail' researchers in tests — it tried to leak information to news outlets. For more market updates plus actionable trade ideas for stocks, options and crypto, .'The situation is extreme': I'm 65 and leaving my estate to only one grandchild. Can the others contest my will? 'You never know what might happen': How do I make sure my son-in-law doesn't get his hands on my daughter's inheritance? 10 nuclear stocks expected to rise as much as 94% after Meta-Constellation deal Strategists forecast a sizzling summer for small-cap stocks 'I am getting very frustrated': My mother's adviser has not returned my calls. He manages $1 million. Is this normal? Sign in to access your portfolio
Cision Canada
a day ago
- Business
- Cision Canada
SolarBank Announces Bitcoin Treasury Strategy
TORONTO, June 3, 2025 /CNW/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company"), a leader in distributed solar energy, battery storage, and clean energy infrastructure across North America, today announces it is implementing a treasury strategy integrating Bitcoin as a strategic reserve asset – inspired by MicroStrategy's multibillion-dollar Bitcoin strategy and SharpLink Gaming's Ethereum-driven strategy. To support this strategy, the Company has filed an account opening application with Coinbase Prime (NASDAQ: COIN) to provide secure custody, USDC services, and a self-custodial wallet for its Bitcoin holdings. This strategy unlocks multiple advantages including: Financial Resilience: by accumulating Bitcoin, SolarBank hedges against currency debasement and inflation, while enabling access to institutional financing. Clean Energy Off-Set: the renewable energy generated by SolarBank's portfolio of solar power and battery energy storage projects provides an offset against the emissions generated from the energy used to generate Bitcoin. Market Appeal: there is significant investor interest in digital tokens, blockchain, AI-driven analytics, and DeFi principles and this strategy exposes SolarBank to a new category of tech-savy investors. Competitive Differentiation: As one of the first-movers in blending clean energy with DeFi and Web3, SolarBank stands out among competitors, capitalizing on the renewable energy sector's growth and investor enthusiasm for disruptive finance. SolarBank's primary business will remain as a renewable energy developer and power producer backed by Tier-1 Partnerships and 1 GW pipepline. Recent milestones include: A US$100 million U.S. community solar financing partnership with CIM Group, targeting 97 MW of renewable power projects in the USA. A US$49.5 million transaction with Qcells, which is building a complete and sustainable solar supply chain in the United States, to deploy community solar power plants in America with cutting-edge "Made-in-USA" solar panels. A US$41 million clean energy partnership with Honeywell, deploying community solar farms to repurpose closed landfill sites in the USA. A $25 million credit facility from Royal Bank of Canada (RBC), fueling SolarBank's battery energy storage system (BESS) project portfolio to stabilize the electricity grid and reinforce institutional confidence in its recurring revenue model from ownership of long life assets supported by government contracts. Dr. Richard Lu commented: "As the adoption of Bitcoin continues to grow, SolarBank believes that establishing a Bitcoin treasury strategy taps into a growing sector that is seeing increasing adoption. In a world of ever-increasing energy demand and treasury complexity, SolarBank delivers renewable energy solutions and recurring revenues, now combined with all of the benefits of holding Bitcoin." With over 1 GW in its organic development pipeline and operations spanning Canada and the United States, SolarBank is scaling its portfolio of solar, BESS, and clean energy projects at a rapid pace. The Company generates recurring revenue through long-term PPAs with utilities, municipalities, and partners with Fortune 500 clients, all while driving decarbonization through ESG-aligned innovation. The actual timing and value of Bitcoin purchases, under the allocation strategy will be determined by management. Purchases will also depend on several factors, including, among others, general market and business conditions, the trading price of Bitcoin and the anticipated cash needs of SolarBank. The allocation strategy may be suspended, discontinued or modified at any time for any reason. As of the date of this press release, no Bitcoin purchases have been made. There are several risks associated with the development of the projects detailed in this press release. The development of any project is subject to the continued availability of third-party financing arrangements for the project owners and the risks associated with the construction of a solar power project. There is no certainty the projects disclosed in this press release will be completed on schedule or that they will operate in accordance with their design capacity. If the EPC agreements are terminated, then SolarBank will not realize the full contract value. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power, which could result in future projects no longer being economic. About SolarBank Corporation SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar and Battery Energy Storage System (BESS) projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. To learn more about SolarBank, please visit FORWARD-LOOKING STATEMENTS This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. In particular and without limitation, this news release contains forward-looking statements pertaining to the Company's expectations regarding its industry trends and overall market growth; the Company's intention with respect to its Bitcoin treasury strategy, and the size of the Company's development pipeline. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company's ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company's ability to attract and retain skilled staff; market competition; the products and services offered by the Company's competitors; that the Company's current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements. Whether actual results, performance or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under "Forward-Looking Statements" and "Risk Factors" in the Company's most recently completed Annual Information Form, and other public filings of the Company, which include: risks inherent with investing in Bitcoin, including Bitcoin's volatility; the risks of implementing a new treasury diversification strategy; the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company's growth strategy depends upon the continued availability of third-party financing arrangements; the Company's future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company's project development and construction activities may not be successful; developing and operating solar projects exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements ("PPAs") and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company's effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company's results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation; unexpected warranty expenses that may not be adequately covered by the Company's insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any future global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
Yahoo
a day ago
- Business
- Yahoo
26 Degrees selects QuantHouse for enhanced US equities coverage
Sydney, London, New York, June 03, 2025 (GLOBE NEWSWIRE) -- Iress today announced that 26 Degrees Global Markets, the multi-asset prime broker, has added the QuantHouse Cboe One Feed to its US equity data coverage, further expanding its US trading capabilities and enhancing its offering for retail brokers seeking 'out of hours' access to US markets. The Cboe One Feed is the latest QuantHouse market data feed for Sydney-headquartered 26 Degrees and complements existing feeds for multi-asset data from North America, Europe and APAC trading venues. The addition of QuantHouse Cboe One Feed data will support 26 Degrees in the delivery of innovative and client-centric solutions to their global client base, and also reflects growing industry demand for extended market access, particularly in Asia. The Cboe One Feed offers consolidated, real-time market data from Cboe's four US equities exchanges – which collectively account for 21.2%* of US equities on-exchange trading. This includes data from the early hours trading session (4am – 7am ET), during which Cboe has a 40.5% market share*. QuantHouse's Head of EMEA & APAC Sales and Business Development, Rob Kirby, said: 'The integration of the new Cboe One Feed by 26 Degrees enhances its US market data coverage considerably, supporting CFD retail flow and meeting growing investor appetite, particularly in Asia, to trade around the clock. We are delighted to continue to support 26 Degrees' growth strategy with efficient, low latency access to market data from around the world, through a single connection.' 26 Degrees' Group Chief Commercial Officer, James Alexander, added: '26 Degrees' long-standing partnership with QuantHouse ensures our clients benefit from reliable, low-latency market data. By integrating new Cboe One Feed market data within our QuantHouse API interface, we can offer traders, particularly in Asia, unparalleled access to US markets, unlocking new growth opportunities.' Adam Inzirillo, Cboe's Global Head of Data Vantage, said: 'We are pleased that 26 Degrees and its clients now have access to the Cboe One Feed, which represents a comprehensive, reliable and high-quality source of US equities market data. Cboe is committed to meet the growing international demand for access to US markets, by delivering high-quality market data as efficiently as possible.' QuantHouse continues to expand its global market data reach and connectivity. The Cboe One Feed complements existing US equity venues and other exchange feeds across Canada, Europe and Asia Pacific regions, including Blue Ocean Technologies ATS, created specifically to enable global investors to trade US equities outside of New York Eastern Time market hours. For more information on accessing US Equities market data via QuantHouse, a division of Iress, clients are encouraged to contact their account manager. * Data 2025 YTD (January – May), excludes off-exchange trading reported through the Trade Reporting Facility (TRF) Ends For further details, please contact:Melanie BuddenMobile: +44 (0) 7974 937970Email: About QuantHouseQuantHouse (part of Iress) is a leading provider of international market data. It delivers high-performance API data feeds, historical and analytics data products it has crafted over the past 20+years to hedge funds, investment banks, brokers, market makers, financial technology providers and trading venues supporting integrated trading strategies, applications, and analytic databases. For more information please visit the website. About IressIress ( is a technology company providing software to the financial services industry. We provide software and services for trading & market data, financial advice, investment management, superannuation, life & pensions and data intelligence in Asia-Pacific, North America, Africa, the UK and Europe. About 26 Degrees26 Degrees Global Markets is an award-winning multi-asset Prime Broker specialising in providing prime services to broker-dealers, hedge funds, proprietary trading firms and family offices globally. With over a decade of proven history under former brand Invast Global, 26 Degrees is continuing to revolutionise the prime brokerage space by providing bespoke and innovative solutions to their clients internationally and responding quickly to the constantly evolving institutional client needs. CONTACT: Melanie Budden Mobile: +44 (0) 7974 937970 Email: in to access your portfolio
Cision Canada
27-05-2025
- Business
- Cision Canada
6.9 MW Brooklyn Project in Development by SolarBank in Nova Scotia, Canada
TORONTO, May 27, 2025 /CNW/ - SolarBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) ("SolarBank" or the "Company") is pleased to provide an update on its plans to develop a ground-mount solar power project known as the Brooklyn project (the "Project") totalling 6.9 MW DC located in Nova Scotia. The Project is owned by AI Renewable Fund and SolarBank is the developer and builder for the projects at a total estimated cost of with a total cost of $13.9M. SolarBank will partner with local Nova Scotia firm, Trimac Engineering, to deliver the Project. "As the project developer, we are excited to work alongside our local partner Trimac Engineering and the province's dedicated team to help bring clean, affordable energy to communities across Nova Scotia." Said Richard Lu, President and CEO of SolarBank, "With over a decade of proven experience in solar development and operations—including community solar, commercial and industrial installations, and other government-led initiatives—SolarBank brings the expertise needed to the successful implementation of Nova Scotia's Community Solar projects." The Project is being developed under the Nova Scotia Community Solar Program (CSP), the first CSP in Canada, supporting Nova Scotia's commitment to 80% renewable energy by 2030 and reaching net-zero by 2035. The program aims to add 100 MW of solar generation to the grid to help reduce reliance on fossil fuels, mitigate climate change and foster local economic growth. The clean energy generated by community solar projects feeds directly into the local electricity grid. Depending on the size and number of panels a community solar project has, renters, and business or homeowners can earn credits on their electric bill and save $0.02/kWh from the electricity that is generated by a project. So far, the NS CSP has only granted three CSP Contracts, totalling 7.05MW AC. AI Renewable won two Contracts, size of 6.5MW AC, as a result of the Company's solar development expertise. By subscribing to a project, community members can access the benefits of renewable energy without having to install panels on their building or land. With a secured site lease in place, the Company will continue to work to complete the permitting process of the Project. For the rest of 2025, the Company will complete the interconnection project with Nova Scotia Power Inc., lead in-depth engineering studies, and complete the solar design. Construction is expected to begin in Spring of 2026, followed by completion in the Summer of 2026. There are several risks associated with the development of the Project. The development of any project is subject to receipt of interconnection approval, receipt of a community solar contract, required permits, the continued availability of third-party financing arrangements for the Company and the risks associated with the construction of a solar power project. In addition, governments may revise, reduce or eliminate incentives and policy support schemes for solar power, which could result in future projects no longer being economic. Please refer to "Forward-Looking Statements" for additional discussion of the assumptions and risk factors associated with the Projects and statements made in this press release. The Company also announces a shares for services arrangement with an arm's length third party advisor (the "Advisor"), pursuant to which the Company will issue common shares of the Company in satisfaction of ongoing advisory services (the "Services") provided by Advisor (the "Shares for Services") pursuant to an agreement entered into on June 10, 2022 (the "Agreement"). Under the Agreement, the deemed price of the common shares to be issued is to be calculated using the closing price of the Company's common shares on the last trading day of each calendar month for the Services provided during such month. The monthly dollar value of common shares issuable is $35,000 USD. The Advisor also receives $35,000 USD in cash compensation per month. Subject to the attainment of certain financial milestones, the value of each of the cash and share consideration could increase to $100,000 USD per month. The Agreement has a remaining term of two years and 11 months, provided that it will automatically renew for subsequent one year terms. During any renewal term, the Agreement may be terminated on 60 days prior written notice. The services provided by the Advisor include introductions to strategic relationships, business development services, assistance with recruiting personnel, assistance with public relations, providing advice on financial and corporate strategy and advisory services related to potential corporate transactions. The Company has also agreed to reimburse the Advisor for all reasonable out of pocket costs, charges and expenses, including travel incurred in the performance of the Services. About SolarBank Corporation SolarBank Corporation is an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the USA. The Company develops solar, Battery Energy Storage System (BESS) and EV Charging projects that sell electricity to utilities, commercial, industrial, municipal and residential off-takers. The Company maximizes returns via a diverse portfolio of projects across multiple leading North America markets including projects with utilities, host off-takers, community solar, and virtual net metering projects. The Company has a potential development pipeline of over one gigawatt and has developed renewable and clean energy projects with a combined capacity of over 100 megawatts built. To learn more about SolarBank, please visit This news release contains forward-looking statements and forward-looking information within the meaning of Canadian securities legislation (collectively, "forward-looking statements") that relate to the Company's current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes", "estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook") are not historical facts and may be forward-looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. In particular and without limitation, this news release contains forward-looking statements pertaining to the Company's expectations regarding its industry trends and overall market growth; the Company's growth strategies the expected energy production from the solar power projects mentioned in this press release; the number of homes expected to be powered; the receipt of interconnection approval, permits and financing to be able to construct the Projects; the receipt of incentives for the Projects; and the size of the Company's development pipeline. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. Forward-looking statements are based on certain assumptions and analyses made by the Company in light of the experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. In making the forward looking statements included in this news release, the Company has made various material assumptions, including but not limited to: obtaining the necessary regulatory approvals; that regulatory requirements will be maintained; general business and economic conditions; the Company's ability to successfully execute its plans and intentions; the availability of financing on reasonable terms; the Company's ability to attract and retain skilled staff; market competition; the products and services offered by the Company's competitors; that the Company's current good relationships with its service providers and other third parties will be maintained; and government subsidies and funding for renewable energy will continue as currently contemplated. Although the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect, and the Company cannot assure that actual results will be consistent with these forward-looking statements. Given these risks, uncertainties and assumptions, investors should not place undue reliance on these forward-looking statements. Whether actual results, performance or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, including those listed under "Forward-Looking Statements" and "Risk Factors" in the Company's most recently completed Annual Information Form, and other public filings of the Company, which include: the Company may be adversely affected by volatile solar power market and industry conditions; the execution of the Company's growth strategy depends upon the continued availability of third-party financing arrangements; the Company's future success depends partly on its ability to expand the pipeline of its energy business in several key markets; governments may revise, reduce or eliminate incentives and policy support schemes for solar and battery storage power; general global economic conditions may have an adverse impact on our operating performance and results of operations; the Company's project development and construction activities may not be successful; developing and operating solar projects exposes the Company to various risks; the Company faces a number of risks involving Power Purchase Agreements ("PPAs") and project-level financing arrangements; any changes to the laws, regulations and policies that the Company is subject to may present technical, regulatory and economic barriers to the purchase and use of solar power; the markets in which the Company competes are highly competitive and evolving quickly; an anti-circumvention investigation could adversely affect the Company by potentially raising the prices of key supplies for the construction of solar power projects; foreign exchange rate fluctuations; a change in the Company's effective tax rate can have a significant adverse impact on its business; seasonal variations in demand linked to construction cycles and weather conditions may influence the Company's results of operations; the Company may be unable to generate sufficient cash flows or have access to external financing; the Company may incur substantial additional indebtedness in the future; the Company is subject to risks from supply chain issues; risks related to inflation and tariffs; unexpected warranty expenses that may not be adequately covered by the Company's insurance policies; if the Company is unable to attract and retain key personnel, it may not be able to compete effectively in the renewable energy market; there are a limited number of purchasers of utility-scale quantities of electricity; compliance with environmental laws and regulations can be expensive; corporate responsibility may adversely impose additional costs; the future impact of any global pandemic on the Company is unknown at this time; the Company has limited insurance coverage; the Company will be reliant on information technology systems and may be subject to damaging cyberattacks; the Company may become subject to litigation; there is no guarantee on how the Company will use its available funds; the Company will continue to sell securities for cash to fund operations, capital expansion, mergers and acquisitions that will dilute the current shareholders; and future dilution as a result of financings. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Company to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
Yahoo
26-05-2025
- Business
- Yahoo
Vanguard Announces Cash Distributions for the Vanguard ETFs
(VBU, VBG, VGAB, VAB, VSB, VSC, VCB, VGV, VLB, VRE, VDY, VRIF and VVSG) TORONTO, May 26, 2025 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced the final May 2025 cash distributions for certain Vanguard ETFs, listed below, that trade on Cboe Canada and the Toronto Stock Exchange (TSX). Unitholders of record on June 02, 2025 will receive cash distributions payable on June 09, 2025. Details of the 'per unit' distribution amounts are as follows: Vanguard ETF® Cboe Ticker Symbol Distribution per Unit ($) CUSIP ISIN Payment Frequency Vanguard U.S. Aggregate Bond Index ETF (CAD-hedged) VBU 0.056811 92206G103 CA92206G1037 Monthly Vanguard Global ex-U.S. Aggregate Bond Index ETF (CAD-hedged) VBG 0.038139 92206H101 CA92206H1010 Monthly Vanguard Global Aggregate Bond Index ETF (CAD-hedged) VGAB 0.044673 92211F108 CA92211F1080 Monthly To learn more about the Cboe Canada Exchange-listed Vanguard ETFs, please visit Vanguard ETF® TSX Ticker Symbol Distribution per Unit ($) CUSIP ISIN Payment Frequency Vanguard Canadian Aggregate Bond Index ETF VAB 0.063108 92203E101 CA92203E1016 Monthly Vanguard Canadian Short-Term Bond Index ETF VSB 0.064594 92203G106 CA92203G1063 Monthly Vanguard Canadian Short-Term Corporate Bond Index ETF VSC 0.072412 92203N101 CA92203N1015 Monthly Vanguard Canadian Corporate Bond Index ETF VCB 0.079517 92210P107 CA92210P1071 Monthly Vanguard Canadian Government Bond Index ETF VGV 0.056731 92210N102 CA92210N1024 Monthly Vanguard Canadian Long-Term Bond Index ETF VLB 0.066496 92211H104 CA92211H1047 Monthly Vanguard Canadian Ultra-Short Government Bond Index ETF VVSG 0.105996 92213B105 CA92213B1058 Monthly Vanguard FTSE Canadian Capped REIT Index ETF VRE 0.076359 92203B107 CA92203B1076 Monthly Vanguard FTSE Canadian High Dividend Yield Index ETF VDY 0.228109 92203Q104 CA92203Q1046 Monthly Vanguard Retirement Income ETF Portfolio VRIF 0.083000 92211X109 CA92211X1096 Monthly To learn more about the TSX-listed Vanguard ETFs, please visit About Vanguard Canadians own CAD $132 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds. Vanguard Investments Canada Inc. manages CAD $96 billion in assets (as of April 30, 2025) with 38 Canadian ETFs and ten mutual funds currently available. The Vanguard Group, Inc. is one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services. Vanguard manages USD $10 trillion (CAD $13.7 trillion) in global assets, including over USD $3.3 trillion (CAD $4.5 trillion) in global ETF assets (as of April 30, 2025). Vanguard has offices in the United States, Canada, Mexico, Europe and Australia. The firm offers 441 funds, including ETFs, to its more than 50 million investors worldwide. Vanguard operates under a unique operating structure. Unlike firms that are publicly held or owned by a small group of individuals, The Vanguard Group, Inc. is owned by Vanguard's U.S.-domiciled funds and ETFs. Those funds, in turn, are owned by Vanguard clients. This unique mutual structure aligns Vanguard interests with those of its investors and drives the culture, philosophy, and policies throughout the Vanguard organization worldwide. As a result, Canadian investors benefit from Vanguard's stability and experience, low-cost investing, and client focus. For more information, please visit For more information, please contact:Matt GierasimczukVanguard Canada Public RelationsPhone: 416-263-7087matthew_gierasimczuk@ Important information Commissions, management fees, and expenses all may be associated with investment funds. Investment objectives, risks, fees, expenses, and other important information are contained in the prospectus; please read it before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. Vanguard funds are managed by Vanguard Investments Canada Inc. and are available across Canada through registered dealers. London Stock Exchange Group companies include FTSE International Limited ("FTSE"), Frank Russell Company ("Russell"), MTS Next Limited ("MTS"), and FTSE TMX Global Debt Capital Markets Inc. ("FTSE TMX"). All rights reserved. "FTSE®", "Russell®", "MTS®", "FTSE TMX®" and "FTSE Russell" and other service marks and trademarks related to the FTSE or Russell indexes are trademarks of the London Stock Exchange Group companies and are used by FTSE, MTS, FTSE TMX and Russell under licence. All information is provided for information purposes only. No responsibility or liability can be accepted by the London Stock Exchange Group companies nor its licensors for any errors or for any loss from use of this publication. Neither the London Stock Exchange Group companies nor any of its licensors make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE Indexes or the fitness or suitability of the Indexes for any particular purpose to which they might be put. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ('SPDJI'), and has been licensed for use by The Vanguard Group, Inc. (Vanguard). Standard & Poor's®, S&P® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC ('S&P'); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ('Dow Jones'); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Vanguard. Vanguard ETFs are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 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
