Latest news with #CorporateFinance
Yahoo
20 hours ago
- Business
- Yahoo
Syensqo completes the third tranche of its €300 million Share Buyback Program
Syensqo completes the third tranche of its €300 million Share Buyback Program Brussels, Belgium – July 30, 2025 17:45 CET Syensqo SA is pleased to announce the successful completion of the third tranche of its share buyback program (the 'program'), launched on February 27, 2025 and concluded on July 30, 2025. Since February 27, 2025, a total of 784,328 shares were purchased, representing approximately 0.75% of the Company's outstanding shares. These acquired shares are expected to be cancelled. Until then, they will be held in treasury. 445,001 have already been cancelled on May 9, 2025. Over the duration of the third tranche, Syensqo invested a total of EUR 50 million at an average purchase price of EUR 63.75 per share. Final update of the third tranche In accordance with article 8:4 of the Royal Decree of 29 April 2019 executing the Belgian Code of Companies and Associations, Syensqo SA ('Syensqo' or the 'Company') hereby discloses certain information in relation to its Share Purchase Program, announced on September 30, 2024. Syensqo announces that it has repurchased 3,434 Syensqo shares in the period from July 28, 2025 up to and including July 30, 2025, as follows: Date of purchase Market / MTF Number of shares Average price paid (€) Total (€) Lowest price paid (€) Highest price paid (€) 30-Jul-25 CEUX 1,894.00 69.72 132,055.55 69.40 69.88 30-Jul-25 XBRU 1,540.00 69.65 107,253.45 69.18 69.86 Total 3,434 239,309 As of July 30, 2025, the Company held in treasury a total of 1,540,858 Syensqo shares, as follows: 143,455 Syensqo shares acquired in the framework of the third tranche of the Share Buyback Program; 746,031 Syensqo shares acquired in the framework of the Long Term Incentive Plan (LTIP) share purchase program that was completed on October 23, 2024; 651,372 Syensqo shares are held by Syensqo Stock Option Management SRL ('SSOM'), a wholly owned indirect subsidiary of the Company. Contacts Investors & Analysts Media Sherief Bakr +44 7920 575 989 Perrine Marchal +32 478 32 62 72 Bisser Alexandrov +33 607 635 280 Laetitia Schreiber +32 487 74 38 07 Loïc Flament +32 478 69 74 20 Robbin Moore-Randolph +1 470 493 2433 Safe harborThis press release may contain forward-looking information. Forward-looking statements describe expectations, plans, strategies, goals, future events or intentions. The achievement of forward-looking statements contained in this press release is subject to risks and uncertainties relating to a number of factors, including general economic factors, interest rate and foreign currency exchange rate fluctuations, changing market conditions, product competition, the nature of product development, impact of acquisitions and divestitures, restructurings, products withdrawals, regulatory approval processes, all-in scenario of R&I projects and other unusual items. Consequently, actual results or future events may differ materially from those expressed or implied by such forward-looking statements. Should known or unknown risks or uncertainties materialize, or should our assumptions prove inaccurate, actual results could vary materially from those anticipated. The Company undertakes no obligation to publicly update or revise any forward-looking statements. About Syensqo Syensqo is a science company developing groundbreaking solutions that enhance the way we live, work, travel and play. Inspired by the scientific councils which Ernest Solvay initiated in 1911, we bring great minds together to push the limits of science and innovation for the benefit of our customers, with a diverse, global team of more than 13,000 associates. Our solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Our innovation power enables us to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity. Useful links Earnings materials Strategy Share information Credit information Separation documents Webcasts, podcasts and presentations Annual Integrated Report Subscribe to our distribution list Attachment 20250730_3rd_tranche_completion_EN (1)Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
CenterPoint Energy, Inc. Announces Offering of $900 Million of Convertible Senior Notes Due 2028
HOUSTON, July 28, 2025--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or "CenterPoint" today announced that it intends to offer, subject to market and other conditions, $900 million aggregate principal amount of its Convertible Senior Notes due 2028 (the "convertible notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, CenterPoint intends to grant the initial purchasers of the convertible notes the option to purchase up to an additional $100 million aggregate principal amount of convertible notes for settlement within a 13-day period beginning on, and including, the date on which the convertible notes are first issued. The convertible notes will be senior, unsecured obligations of CenterPoint. The convertible notes will mature on August 1, 2028, unless earlier converted or repurchased. Interest on the convertible notes will be paid semiannually in arrears on February 1 and August 1 of each year, beginning on February 1, 2026. Prior to May 1, 2028, the convertible notes will be convertible only upon the occurrence of certain events and during certain periods. Thereafter, the convertible notes will be convertible by holders at any time in whole or in part until the close of business on the second scheduled trading day immediately preceding the maturity date. Upon conversion, CenterPoint will pay cash up to the aggregate principal amount of the convertible notes to be converted and pay or deliver, as the case may be, cash, shares of CenterPoint's common stock, par value $0.01 ("common stock"), or a combination of cash and shares of common stock, at CenterPoint's election, in respect of the remainder, if any, of its conversion obligation in excess of the aggregate principal amount of the convertible notes being converted. CenterPoint may not redeem the convertible notes prior to the maturity date. The final terms of the convertible notes, including the interest rate, initial conversion rate and certain other terms of the convertible notes, will be determined at the time of pricing of the offering. CenterPoint intends to use the net proceeds from this offering for general corporate purposes, including the repayment of a portion of its outstanding commercial paper and other debt. The convertible notes and any shares of common stock issuable upon conversion of the convertible notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act. The offer and sale of the convertible notes and any shares of common stock issuable upon conversion of the convertible notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any jurisdiction in which the offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. About CenterPoint As the only investor owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of June 30, 2025, the company owned approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint and its predecessor companies have been in business for more than 150 years. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will," "would" or other similar words are intended to identify forward-looking statements. Any statements in this press release regarding future events that are not historical facts are forward-looking statements. These forward-looking statements, which include statements regarding CenterPoint's expectations regarding the planned offer and sale of the convertible notes and the use of the net proceeds from any such sale, are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. CenterPoint cannot be sure that it will complete the offering or, if it does, on what terms CenterPoint will complete it. Each forward-looking statement contained in this press release speaks only as of the date of this release, and CenterPoint does not assume any duty to update or revise forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) actions by credit rating agencies, including any potential downgrades to credit ratings; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory, executive and legislative decisions and actions; and (5) other factors, risks and uncertainties discussed in CenterPoint's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and CenterPoint's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 and other reports CenterPoint or its subsidiaries may file from time to time with the Securities and Exchange Commission ("SEC"). You are cautioned not to place undue reliance on CenterPoint's forward-looking statements. Investors and others should note that CenterPoint may announce material information using SEC filings and the Investor Relations page of its website, including press releases, public conference calls, webcasts and other investor information. In the future, CenterPoint expects to continue to use these channels to distribute material information about CenterPoint and to communicate important information about CenterPoint, key personnel, corporate initiatives, regulatory updates, and other matters. Information that CenterPoint posts on its website could be deemed material; therefore, investors are encouraged to review the information posted on the Investor Relations page of CenterPoint's website. View source version on Contacts For more information contactMedia: Communications Investors: Ben Vallejo 713.207.6500 Sign in to access your portfolio
Globe and Mail
3 days ago
- Business
- Globe and Mail
Strategy Announces Major Stock Offering for Expansion
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Strategy ( (MSTR)) has issued an announcement. On July 24, 2025, Strategy announced an underwritten offering of 28,011,111 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock at $90 per share, expected to settle on July 29, 2025. The offering is estimated to generate net proceeds of approximately $2.474 billion, which the company plans to use for general corporate purposes, including Bitcoin acquisition and working capital. This strategic financial move positions Strategy to further its market influence in the cryptocurrency space, potentially impacting stakeholders by enhancing its Bitcoin holdings and financial flexibility. The most recent analyst rating on (MSTR) stock is a Buy with a $195.00 price target. To see the full list of analyst forecasts on Strategy stock, see the MSTR Stock Forecast page. Spark's Take on MSTR Stock According to Spark, TipRanks' AI Analyst, MSTR is a Neutral. The overall stock score reflects significant financial challenges and valuation concerns, partially offset by strong strategic initiatives in Bitcoin and positive earnings call sentiment. The company's high leverage and legal risks further weigh down the score. To see Spark's full report on MSTR stock, click here. More about Strategy MicroStrategy Incorporated, doing business as Strategy, is the world's first and largest Bitcoin Treasury Company. It is a publicly traded company that has adopted Bitcoin as its primary treasury reserve asset, strategically accumulating Bitcoin through equity and debt financings, as well as cash flows from operations, to advocate for its role as digital capital. Average Trading Volume: 12,538,906 Technical Sentiment Signal: Buy Current Market Cap: $117.7B Find detailed analytics on MSTR stock on TipRanks' Stock Analysis page.
Zawya
3 days ago
- Business
- Zawya
Mohammed Fannouch appointed Co-Head of Capital Markets and Advisory Middle East, North Africa and Turkiye at HSBC
HSBC is pleased to announce that Mohammed Fannouch has been appointed Co-Head of Capital Markets and Advisory (CMA), Middle East, North Africa and Turkiye (MENAT), subject to regulatory approval. Fannouch will lead the business with Samer Deghaili, who has been Co-Head of HSBC's investment banking business in the region since 2020. Together, they will be responsible for building on the strong foundations of HSBC's market-leading franchise and driving its CMA strategy in the Middle East, comprising financing solutions, corporate finance, and strategic advisory. Fannouch and Deghaili will continue to be based in Riyadh and UAE, respectively. Fannouch has over 20 years' experience in originating, advising and executing investment banking transactions in Saudi Arabia and across the region. Having joined HSBC in 2008, he has acted on some of the most significant ECM and M&A deals in the Middle East, most recently as Co-Head of HSBC's #1 investment banking franchise in Saudi Arabia. Adam Bagshaw, Global Head, Capital Markets and Advisory, HSBC, said: 'HSBC is in investing in areas of core competitive strength. With our MENAT CMA leadership now based in two key financial hubs, the UAE and Saudi Arabia, we will be even better placed to partner with our clients and support them as they navigate the region's growth potential.' -Ends- Notes: The appointment follows HSBC's reorganisation of its capital markets and corporate advisory division in May 2025, which identified the Middle East as a region of continued investment, including in M&A and ECM. HSBC has consistently led the region's capital markets and advisory space; in 2024, HSBC topped Bloomberg's Middle East league tables for both ECM and DCM for the fourth consecutive year and, earlier this year, was named as Euromoney's Best Investment Bank in the Middle East, for the tenth year. Media Contacts HSBC Middle East Ahmad Othman / Lucy Stewart / About HSBC HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 58 countries and territories. With assets of US$3,054bn at 31 March 2025, HSBC is one of the world's largest banking and financial services organisations.
Yahoo
22-07-2025
- Business
- Yahoo
Roper Technologies Inc (ROP) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and ...
Total Revenue Growth: 13% increase year-over-year. Organic Revenue Growth: 7% increase. Software Bookings Growth: High teens area. Free Cash Flow Margins: 31% for the TTM period. Revenue: $1.94 billion for Q2. EBITDA: $775 million, with a margin of 39.9%. Diluted EPS: $4.87, exceeding guidance range. Free Cash Flow: $403 million, up 10% year-over-year. Net Debt to EBITDA: 2.9 times, pro forma for Subsplash at 3.1 times. Cash Balance: $242 million. Application Software Segment Revenue Growth: 17% total, 6% organic. Network Segment Revenue Growth: 6% total, 5% organic. TEP Segment Revenue Growth: 10% total, 9% organic. Full Year Revenue Growth Guidance: Increased to 13%. Full Year EPS Guidance: Increased to $19.90 to $20.05. Q3 EPS Guidance: $5.08 to $5.12. Warning! GuruFocus has detected 5 Warning Sign with ROP. Release Date: July 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Roper Technologies Inc (NASDAQ:ROP) reported a solid quarter with total revenue growth of 13% and organic revenue growth of 7%. The company announced the acquisition of Subsplash, a cloud-native software provider, which is expected to enhance ROP's vertical market software offerings. Free cash flow margins were impressive at 31% for the trailing twelve months, demonstrating strong cash generation capabilities. Roper Technologies Inc (NASDAQ:ROP) raised its full-year total revenue guidance and debt outlook, reflecting confidence in future performance. The company has over $5 billion in available capital for mergers and acquisitions, positioning it well for future growth opportunities. Negative Points The integration of recent acquisitions, such as ProCare, faced challenges, including leadership changes and underperformance in growth expectations. The market for some segments, like Deltek's government contracting, remains uncertain due to external factors such as government spending dynamics. The company's exposure to macroeconomic factors, although generally less sensitive, still presents potential risks in certain sectors like education and healthcare. The impact of tariffs on ROP's test business, although small, continues to be a concern that requires mitigation efforts. The competitive landscape in some markets, such as Subsplash's faith-based software, requires ongoing investment to maintain and improve growth and margin profiles. Q & A Highlights Q: Can you discuss the resilience and strength across the software segments, particularly in the context of AI and customer productivity? A: L. Neil Hunn, President and CEO, highlighted that the high teens bookings in the second quarter indicate stable market conditions. He noted that Roper's end markets, such as education, legal, and healthcare, are generally less sensitive to macroeconomic factors. The company sees significant opportunities to drive productivity gains for customers using AI tools, with businesses like Aderant already benefiting from AI-based products. Q: How are recent acquisitions, particularly those with a payments orientation, contributing to Roper's strategy? A: L. Neil Hunn explained that while some recent acquisitions like ProCare and Subsplash have a payments element, the focus remains on software-led opportunities. Payments are seen as a natural extension of the software offerings, enhancing customer stickiness and retention. The company does not have a strategic focus on payments but acknowledges the benefits they bring to the software ecosystem. Q: Did you observe any impact from tariff headlines or government spending on your business during the quarter? A: L. Neil Hunn noted that tariffs have a minimal impact on Roper's test business, estimated at $10-15 million. While there is some uncertainty in K-12 education and government contracting, the Big Beautiful Bill is expected to be a catalyst for market growth, particularly in defense spending, which should benefit Deltek. Q: Can you elaborate on the high teens bookings growth and its implications for future revenue growth? A: Jason Conley, CFO, stated that the high teens bookings growth supports Roper's second-half guidance. Aderant had its best bookings quarter, driven by AI solutions and cloud migrations. While healthcare was solid, the overall bookings activity positions the company well for future growth, with a focus on Q4 bookings impacting 2026. Q: How is AI impacting Roper's P&L, and what are the expectations for future revenue contributions? A: L. Neil Hunn mentioned that AI is providing internal productivity gains, with some businesses experiencing up to 30% improvements in R&D. While AI's direct revenue impact is currently small, the company expects it to grow significantly over time. Roper has approximately 25 AI-enabled products in development, and the company is optimistic about AI's compounding effect on growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. 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
