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UPM cancels shares repurchased under its buy-back program
UPM cancels shares repurchased under its buy-back program

Yahoo

time05-05-2025

  • Business
  • Yahoo

UPM cancels shares repurchased under its buy-back program

UPM-Kymmene Corporation Stock Exchange Release (Total number of voting rights and capital) May 5, 2025 at 09:00 EEST HELSINKI, May 5, 2025 /PRNewswire/ -- UPM-Kymmene Corporation has, in line with the decision of the Board of Directors, cancelled 6,000,000 shares held by the company. The cancellation has been registered today with the Finnish Trade Register. The cancelled shares were repurchased during the period between February 10 and April 8, 2025, under the share buy-back program announced on February 5, 2025. The cancellation of the shares reduces the total amount of shares in UPM but does not affect UPM's share capital. After the cancellation UPM holds a total of 411,653 own shares. The total number of shares in the company after the cancellation is 527,735,699 shares. UPM, Media relationsMon-Fri 9:00-16:00 EESTtel. +358 40 588 3284media@ UPMUPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,800 people worldwide, with annual sales of approximately €10.3 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM - we renew the everydayRead more: Follow us on LinkedIn | Facebook | YouTube | Instagram | X | #UPM #materialsolutions #WeRenewTheEveryday This information was brought to you by Cision View original content:

Hilton appoints Liz Perkins as Vice President, Commercial, Middle East & Africa
Hilton appoints Liz Perkins as Vice President, Commercial, Middle East & Africa

Zawya

time14-04-2025

  • Business
  • Zawya

Hilton appoints Liz Perkins as Vice President, Commercial, Middle East & Africa

Dubai, UAE – Hilton (NYSE: HLT) is pleased to announce that Liz Perkins has assumed the role of Vice President, Commercial, Middle East and Africa (MEA). Liz most recently served as Vice President, Commercial Operations, Asia Pacific at Hilton and moves to Dubai to take on this new role, which will see her oversee commercial performance at more than 150 hotels across MEA. Liz has more than 20 years of revenue management and commercial experience across Asia Pacific, Europe and MEA - including five years at Hilton. She began her career with the company in 2019 in Singapore as Vice President, Revenue Management, Asia Pacific. In 2020, she expanded her responsibilities to include Commercial Services, and three years later, she took on leadership of Commercial Operations for the region. Liz Perkins said, "I'm thrilled to step into this new role at Hilton at such a dynamic time for the MEA region. With 152 hotels across 13 brands already in operation—and more than 200 additional properties in the pipeline—the region is poised for remarkable growth. I look forward to working closely with the team to drive continued commercial success across our portfolio." About Hilton Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 8,400 properties and over 1.25 million rooms, in 140 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 World's Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 210 million Hilton Honors members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit for more information, and connect with Hilton on Facebook, X, LinkedIn, Instagram and YouTube.

Hilton Appoints Kasdi Dahari as Cluster Director of Culinary for Makkah Properties
Hilton Appoints Kasdi Dahari as Cluster Director of Culinary for Makkah Properties

Associated Press

time14-04-2025

  • Business
  • Associated Press

Hilton Appoints Kasdi Dahari as Cluster Director of Culinary for Makkah Properties

Hilton Appointing Cluster Director of Culinary for Makkah Hotels MAKKAH, MAKKAH, SAUDI ARABIA, April 14, 2025 / / -- Hilton has announced the strategic appointment of Kasdi Dahari as the Cluster Director of Culinary for its properties in Makkah, marking a significant step in the company's commitment to culinary excellence. With oversight of culinary operations across four hotels— Conrad Makkah, Hilton Suites Jabal Omar Makkah, , Hilton Hotel & Convention Jabal Omar Makkah, and DoubleTree by Hilton Jabal Omar Makkah —Dahari will play a pivotal role in shaping the dining experience for guests across the four properties with a combined total of 2,400 rooms and 17 distinct restaurant concepts. Dahari joins Hilton with a wealth of experience, having excelled in high-stakes culinary environments throughout Malaysia, the Middle East, and Asia. His impressive track record includes leading pre-opening initiatives and managing kitchens renowned for high-volume service operations. Recognized as one of the Top 50 Best Executive Chefs in the Middle East in 2021, Dahari is also a recipient of the esteemed Dubai Green Star Award in 2022, reflecting his commitment to integrating sustainable culinary practices into his operations. In his new role, Dahari aims to streamline kitchen efficiencies and elevate the dining experience on-property. His focus on menu development will be informed by local culinary traditions, while catering to the diverse tastes of Makkah's international guests. With the influx of pilgrims and tourists to the Holy City, the demand for high-quality dining options continues to rise, making his leadership vital to sustaining guest satisfaction and operational success. His leadership is expected to also to the professional development of staff, ensuring that Hilton's dining experiences remain synonymous with excellence in both service and flavor. Dahari expressed enthusiasm for his new position, stating, 'I am honored to lead the culinary team in Makkah, My goal is to not only maintain Hilton's standards of excellence but to innovate and inspire our culinary offerings, creating memorable experiences for our guests.' About Hilton Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 8,400 properties and over 1.25 million rooms, in 140 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 World's Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 210 million Hilton Honors members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit for more information, and connect with Hilton on Facebook, X, LinkedIn, Instagram and YouTube. MOHAMMED KARRAR Jabal Omar Hilton Suites Makkah +966 55 128 8304 email us here Visit us on social media: Facebook LinkedIn Instagram Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

UPM's buy-back program commenced in February has been completed
UPM's buy-back program commenced in February has been completed

Yahoo

time08-04-2025

  • Business
  • Yahoo

UPM's buy-back program commenced in February has been completed

UPM-Kymmene Corporation Stock Exchange Release (Other information disclosed according to the rules of the Exchange) April 8, 2025 at 19:15 EEST UPM's buy-back program commenced in February has been completed HELSINKI, April 8, 2025 /PRNewswire/ -- UPM-Kymmene Corporation has completed a share repurchase program ("buy-back program"), the commencement of which was announced via a stock exchange release on February 5, 2025. During the program UPM repurchased a total of 6,000,000 own shares between February 10 - April 8, 2025, corresponding to approximately 1.1% of the total number of shares in the company. The shares were purchased at an average price of EUR 26.60. The purchases made under the buy-back program reduced UPM's equity by approximately EUR 160 million. As a result of the buy-back program, UPM holds a total of 6,411,653 own shares. Shares repurchased under the buy-back program will be cancelled, resulting in UPM holding a total of 411,653 own shares after cancellation. The shares were repurchased otherwise than in proportion to the shareholdings of the shareholders at the market price prevailing at the time of acquisition in public trading on Nasdaq Helsinki Ltd using the company's unrestricted equity. UPM, Media relationsMon-Fri 9:00-16:00 EESTtel. +358 40 588 3284media@ UPMUPM is a material solutions company, renewing products and entire value chains with an extensive portfolio of renewable fibres, advanced materials, decarbonization solutions, and communication papers. Our performance in sustainability has been recognized by third parties, including EcoVadis and the Dow Jones Sustainability Indices. We operate globally and employ approximately 15,800 people worldwide, with annual sales of approximately €10.3 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM - we renew the everyday Read more: Follow us on LinkedIn | Facebook | YouTube | Instagram | X | #UPM #materialsolutions #WeRenewTheEveryday This information was brought to you by Cision View original content:

Hilton Announces First Quarter 2025 Earnings Release Date
Hilton Announces First Quarter 2025 Earnings Release Date

Yahoo

time01-04-2025

  • Business
  • Yahoo

Hilton Announces First Quarter 2025 Earnings Release Date

MCLEAN, Va., April 01, 2025--(BUSINESS WIRE)--Hilton Worldwide Holdings Inc. (NYSE: HLT) will report first quarter 2025 financial results before the stock market opens on Tuesday, April 29, 2025, followed by a conference call at 9 a.m. EDT. Christopher J. Nassetta, president & chief executive officer, Hilton, and Kevin Jacobs, chief financial officer & president, global development, Hilton, will discuss the company's performance and lead a question-and-answer session. Participants may listen to the live webcast by logging on to the Hilton Investor Relations website at A replay and transcript of the webcast will be available within 24 hours of the live event at Alternatively, participants may listen to the live call by dialing 1-888-317-6003 in the United States or 1-412-317-6061 internationally using the conference ID 8610548. Participants are encouraged to dial into the call or link to the webcast at least fifteen minutes prior to the scheduled start time. A telephone replay will be available for seven days following the call. To access the telephone replay, dial 1-877-344-7529 in the United States or 1-412-317-0088 internationally using the conference ID 9295017. About Hilton Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 24 world-class brands comprising more than 8,400 properties and over 1.25 million rooms, in 140 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed over 3 billion guests in its more than 100-year history, was named the No. 1 World's Best Workplace by Great Place to Work and Fortune and has been recognized as a global leader on the Dow Jones Sustainability Indices. Hilton has introduced industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the more than 210 million Hilton Honors members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit for more information, and connect with Hilton on Facebook, X, LinkedIn, Instagram and YouTube. View source version on Contacts Jill ChapmanInvestor Contact+1 703 883 Kent LandersMedia Contact+1 703 883

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