Latest news with #Dastoor
Business Wire
17-07-2025
- Business
- Business Wire
Jabil Announces $1 Billion Share Repurchase Authorization
ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Jabil Inc. (NYSE: JBL) today announced that its Board of Directors has authorized a share repurchase program of up to $1 billion in common stock. The shares will be repurchased from time to time using various methods, including in the open market at the Company's discretion and subject to market conditions. "One of our top capital allocation priorities is returning value to shareholders through share repurchases,' said CEO Mike Dastoor. 'This new authorization reflects our confidence in the strength and resilience of our diversified business portfolio, our ability to generate consistent cash flow, and our disciplined commitment to long-term value creation.' Since 2016, Jabil has returned approximately $7 billion to shareholders through both share repurchases and dividends. As part of this shareholder return framework, Jabil has repurchased approximately 110.2 million shares at an average price of $59.46. 'Our team continues to drive strong results in a complex environment. We see powerful tailwinds in AI infrastructure and compelling opportunities in healthcare and digital commerce as we manage near-term volatility in electric vehicles, renewables, and 5G with discipline and focus. We are staying agile in shifting market conditions while advancing our long-term strategy,' added Dastoor. 'I am incredibly optimistic about the future we're building together and look forward to sharing more about our outlook for fiscal year 2026 during Jabil's eighth annual virtual investor briefing in late September.' About Jabil: At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, supply chain, and manufacturing solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at
Business Recorder
16-06-2025
- Politics
- Business Recorder
KUJ (Dastoor) strongly condemns Israeli aggression
KARACHI: The Karachi Union of Journalists (Dastoor) has strongly condemned the recent attack by the Zionist state of Israel on the neighbouring brotherly country Iran, expressing full solidarity with the people and government of Tehran. The union has called upon the Government of Pakistan to immediately request to convene meetings of the United Nations Security Council and the Organisation of Islamic Cooperation (OIC) to address the matter. This condemnation came during a meeting of the union, presided over by KUJ Dastoor President Nasrullah Chaudhry. The union declared Israel's actions as a blatant violation of the UN Charter and international law, terming it a war crime. The meeting warned that Israel's continued aggression poses a grave threat to peace not only in the Middle East but across the globe, and held Israel fully responsible for the consequences. Addressing the session, Nasrullah Chaudhry emphasised that under Article 51 of the UN Charter, Iran has the legitimate right to self-defense. He reiterated the unwavering support of Karachi's journalist community for the Iranian government, people, and their media counterparts in this difficult time. The meeting also focused on the internal organisational and welfare activities of the union. Secretary Rehan Chishti announced the appointment of Unit Chiefs across all newspapers, TV channels, and digital media offices, stressing the importance of staying active and united to tackle the challenges faced by journalists. Several new committees were established during the meeting, including Liaison, Health & Education, Legal Advisory, and Skills Development. The Scrutiny Committee was instructed to work closely with Unit Chiefs to compile member data. There was a strong call to activate the Skills Development Committee to help journalists adapt to the evolving demands of the digital era. The meeting also discussed organizing a traditional Haleem party for members. Among those present at the meeting were Vice Presidents Mansoor Ahmed and Farooq Sami, Joint Secretary Athar Farooqi, Treasurer Zain Ali, Information Secretary Azfar Waqas Abbasi, and Governing Body members Rehan Haider, Arif Habib, Junaid Shah, Atta-ur-Rehman, Anam Razzaq, Khadija Rathore, and Abdul Qadir Mangrio. Copyright Business Recorder, 2025
Express Tribune
20-02-2025
- Politics
- Express Tribune
KPC announces convention against PECA law tweak
In a decisive move against the recently passed PECA Amendment Act 2025, journalist bodies, legal experts, and human rights organizations have united to launch a joint struggle for its immediate annulment. A convention will be held on March 1, 2025, at Karachi Press Club to voice collective opposition to what is being described as a "draconian law" by its critics. The decision was made during a consultative meeting convened by the Karachi Press Club (KPC), co-chaired by KPC President Fazil Jamili and Secretary Muhammad Sohail Afzal Khan. The meeting brought together representatives from various sectors, including prominent lawyer Barrister Salahuddin Ahmed, Karachi Bar Association General Secretary Abdul Rahman Korai, All Pakistan Newspaper Society's Shahab Zuberi, Anwar Sajdi of the Council of Pakistan Newspapers Editors, Pakistan Union of Journalists (Dastoor) Secretary General Alauddin Hamdam Khanzada, and Karachi Union of Journalists (Dastoor) President Hamid Rehman, among others. In his opening remarks, KPC Secretary Sohail Afzal emphasized the diminishing space for democratic debate.
