Latest news with #Euronext100
Business Wire
23-05-2025
- Business
- Business Wire
FDJ UNITED: Implementation of the Share Buyback Programme
BOULOGNE, France--(BUSINESS WIRE)--Regulatory News: FDJ UNITED (Paris:FDJ): On 22 May 2025, the Board of Directors decided to implement the share buyback programme adopted by the General Meeting of 22 May 2025 to serve the performance share plan (LTI) adopted on the same day and the employee share ownership transaction announced in the press release of 16 April 2025. FDJ will entrust an investment services provider (ISP) with a mandate(s) to acquire a maximum of 455,000 shares over 3 years[1] in order to serve the LTI plan. With regard to the employee shareholding operation, the acquisition will concern a maximum number of 1,852,700 shares and will be carried out before the settlement-delivery date of the offer reserved for employees, scheduled for 29 July 2025. A description of the share buyback programme is provided in the 2024 Universal Registration Document (Chapter 7.2.2.1) available on the FDJ website ( About FDJ UNITED FDJ UNITED is one of Europe's leading betting and gaming operators, with a vast portfolio of iconic brands and a reputation for technological excellence. With more than 5,000 employees and a presence in around fifteen regulated markets, the Group offers a diversified, responsible range of games, both under exclusive rights and open to competition: lottery games in France and Ireland, via an extensive point-of-sale network and online; sports betting at points of sale in France; and online games open to competition (sports and horse-race betting, poker and online casino games, in markets where these activities are authorized). FDJ Group has placed responsibility at the heart of its strategy and promotes recreational betting. FDJ Group is listed on the Euronext Paris regulated market (FDJU) and is a member of indices including the SBF 120, Euronext 100, Euronext Vigeo 20, EN EZ ESG L 80, STOXX Europe 600, MSCI Europe and FTSE Euro. 1 The maximum number of shares is calculated based on the estimate of the fair value of the FDJ share calculated by EY on 1 April 2025; the latter will be updated on 22 May 2025
Zawya
01-05-2025
- Business
- Zawya
ENGIE and NEOM join forces to advance desalination brine valorization solutions
ENGIE, a global leader in low-carbon energy and services, are collaborating with NEOM, the sustainable region in northwest Saudi Arabia, on advancing solutions for desalination brine valorization. This cross-border partnership addresses a key component of water sustainability in arid regions and extracting value from waste. Under the terms of the recently signed Memorandum of Understanding (MoU), ENGIE and NEOM will share expertise, testing results, and pilot installations aimed at developing desalination brine management practices. The partnership will harness advanced technologies, including advanced membrane solutions and crystallization systems, to explore the potential for valuable resource recovery from seawater brine by-products. 'Brine management is one of the critical challenges associated with desalination. By working with NEOM, who are ambitious in terms of scale and complexity, we are excited to explore new avenues for sustainable solutions that align with our broader mission of driving the energy transition,' said Olivier Sala, Vice President of Research & Innovation at ENGIE. Gavin van Tonder, Managing Director of Water at NEOM, expressed enthusiasm for the collaboration: 'NEOM is committed to accelerating global progress on sustainable water management. Partnering with ENGIE, we aim to advance necessary technologies that reduce environmental footprint of desalination while contributing to NEOM's vision of a sustainable future.' This collaboration represents a step towards building a sustainable water resource management system, with the potential to scale these solutions to other regions facing similar challenges in water desalination. About ENGIE ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With 98,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to individuals, local authorities and businesses. Every year, ENGIE invests more than €10 billion to drive forward the energy transition and achieve its net-zero carbon goal by in 2024: €73.8 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X). ENGIE HQ press contact: Email: engiepress@ Middle East press contact: Email: About NEOM NEOM is an accelerator of human progress and a vision of what a new future might look like. It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for this new future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation. NEOM will include hyperconnected, cognitive cities, ports and enterprise zones, research centers, sports and entertainment venues and tourist destinations. As a hub for innovation, entrepreneurs, business leaders and companies will come to research, incubate, and commercialize new technologies and enterprises in groundbreaking ways. Residents of NEOM will embody an international ethos and embrace a culture of exploration, risk-taking and diversity. For further information email media@ or visit and
Telegraph
16-04-2025
- Business
- Telegraph
Families urged to claim little-known tax relief on inheritance bills
Families who have recently paid inheritance tax on a late relative's investments are being urged to check if they qualify for a little-known relief measure. Last week's dip in global stock markets means some families could be in line for a rebate, experts have said. The amount of inheritance tax paid on assets – including shares – is decided by their value at the date of the original estate holder's death. But if those assets are sold at a lower price within 12 months by the estate's beneficiary, they can reclaim the difference in tax from HMRC. It is known as 'loss on sale relief', which can be worth thousands of pounds. Stock markets around the world have stuttered following US president Donald Trump's global tariff war. The S&P 500 index, which tracks large American companies and is incredibly popular with investors, has slipped 8pc since the beginning of 2025, while the Euronext 100 index has fallen more than 4pc during the last 12 months. Shaun Moore, tax and financial planning expert at advice firm Quilter, said: 'The standard rate of inheritance tax is 40pc, so a significant drop in share value can lead to substantial refunds. 'For example, a £20,000 drop in share value could result in an £8,000 reduction in tax owed. Given the recent volatility in the stock market, this relief is particularly relevant and could be music to many executors' ears. [They] should monitor the market value of shares and consider the timing of sales to maximise potential relief.' Loss on sale relief only applies to qualifying investments, which include listed shares and securities, including those listed on foreign stock exchanges, along with holdings in authorised unit trusts. Stocks on the Alternative Investment Market (Aim) are not eligible for the relief. But anybody considering selling shares in order to take advantage of loss on sale relief should take into account the stock market's volatility and the possibility that their value may increase again, warned Quentin Holt of tax advice firm Blick Rothenberg. Mr Holt said: 'A decision would need to be made on whether to sell qualifying investments against the background of the current volatility in the stock market, given the rebound in stock prices in recent days, and how far through the 12-month period after death the estate is. 'Care should be taken before committing to any sales and an individual's wider investment strategy should always be considered.' In order to be eligible for loss on sale relief, all shares in the estate sold within 12 months of date must incur a net loss, Mr Holt added. 'It is not possible to pick and choose so if some shares in the estate are sold at a profit, this will reduce the figure on which relief can be claimed. It is possible to make a provisional claim before the 12-month period has elapsed.' Anybody hoping to take advantage of loss on sale relief must make their claim to HMRC within four years of the end of the 12-month period following the date of the estate holder's death. Mr Moore added: 'Claims must be submitted using the official HMRC form – IHT35 – and supported by documentation that includes the value of the shares at death and the actual sale prices. 'For anyone hoping to use the relief, accurate record-keeping is essential. Executors must maintain detailed records of share values at death and sale prices. Ensure all claims are supported by the necessary documentation and submitted within the specified time frame.'
Yahoo
21-02-2025
- Business
- Yahoo
Where does the CFO path lead? New data shows 34% became president or CEO in 2024, up from 20% the prior year
Good morning. The modern CFO role continues to expand, making them desired candidates for broader positions. And companies around the world are tapping into their talents. Russell Reynolds Associates, a leadership advisory firm, shared with CFO Daily some of the latest findings of its Global CFO Turnover Index, representing indexes such as the S&P 500, FTSE 100, and Euronext 100. Of the outgoing CFOs taking on new roles in 2024, 34% moved to a president or CEO role, up from 20% in 2023. About 15% of CFOs moved into a divisional CEO role, up from 11% in 2023. Meanwhile, 6% of finance chiefs moved into a COO role, up from 5% in 2023. And 15% of CFOs were hired for another C-suite position, including corporate strategy and risk, down 1% year over year. I frequently talk with CFOs about how their roles continue to evolve. For example, Amrita Ahuja, CFO of Block since 2019, took on the additional role of COO in 2023. We recently discussed why the two roles complement each other. Edmund Reese, CFO of Aon, and Brett Seybold, CFO of USAA, also shared their perspectives. Here's what they had to say. Amrita Ahuja, COO and CFO of Block, a fintech company (No. 186 on the Fortune 500) "In my COO role, the work I do is focused on helping the company move effectively in pursuit of our goals. That means making sure that across our finance, people, comms, policy, and legal teams, we're strategically serving the business and speaking a common language—both to advance our product roadmaps and to appropriately be a check and balance within the organization. This coordination helps ensure that we're doing right by the enterprise and our stakeholders, whether they're investors, policymakers or the communities and customers we serve." "This work also complements my CFO role and our goal to be a Rule of 40 organization. When we work in alignment in our operational teams, we're able to better support the company, help it move more efficiently, and rally around the major things we're building for our customers in 2025 and beyond." Edmund Reese, CFO of Aon, an $80 billion market cap global professional services firm "The CFO role has moved beyond bookkeeping and accounting. I've used the term strategic growth partner. That means you're not just closing the books. You are engaged in technology. You're engaged in marketing and understanding what will resonate with clients and drive growth." "My chief responsibility has been to be the champion of shareholder value creation. But I am equally as engaged in all of our strategic initiatives across the functional areas." Brett Seybold, CFO of USAA, a financial services and insurance provider for the military community and their families (No. 103 in the Fortune 500) "CFOs have always had to look out into the horizon, but now we have to look even further. We have to be even more attuned to what's going on in the world, decipher all of that, and figure out what it means for our companies and what adjustments we need to make. And that means understanding all aspects of the business." "We're in the insurance business and we're seeing catastrophic events around the world accelerate. As CFO, it requires me to be always on the lookout, not just for the risk, but also opportunities." Sheryl This story was originally featured on Sign in to access your portfolio
Mid East Info
20-02-2025
- Business
- Mid East Info
ENGIE strengthens its strategic focus with divestment of power and water desalination assets in Kuwait and Bahrain
ENGIE, a leader in low-carbon energy, announces the signing of a Sale and Purchase Agreement (SPA) for the divestment of its shareholding in Az Zour North, a combined gas and water desalination plant in Kuwait, three gas power and water desalination plants in Bahrain, and the associated operations and maintenance (O&M) companies to ACWA Power. This transaction marks ENGIE's exit from these two countries and aligns with the Group's commitment to achieving net zero by 2045. In Kuwait, ENGIE will divest its 17.5% shareholding in Az Zour North, a 1.5 GW capacity gas and desalination plant, capable of producing 107 million imperial gallons of water daily (MIGD). ENGIE will also divest its 50% stake in Az Zour North O&M company. In Bahrain, the divested assets consist of: Al Dur: 45% share in a 1.2 GW gas power production and 48 MIGD water desalination plant. Al Ezzel: 45% share in a 0.9 GW gas power production plant. Al Ezzel O&M: 100% share in the company ensuring operations and maintenance of Al Dur and Al Ezzel facilities. Al Hidd: 30% share in a 0.9 GW gas power production and 90 MIGD water desalination plant, and in the integrated O&M company. The decision to divest these assets is part of ENGIE's roadmap and commitment to achieving net zero by 2045. With ambitious growth plans, ENGIE is focused on expanding its portfolio of renewable energy, flexible generation, and low-carbon energy solutions tailored for industrial partners. By driving innovation and fostering long-term partnerships, ENGIE is dedicated to playing a pivotal role in the Middle East region's sustainable energy transition and future development. The completion of the transaction remains subject to customary regulatory approvals and closing conditions. ENGIE and ACWA Power are working closely to ensure a smooth transition of ownership of the assets while maintaining uninterrupted best-in-class operations. ENGIE has been a significant player in the Gulf Cooperation Council (GCC) region for more than 30-years, offering efficient gas-fired power solutions, desalinated water production, district cooling, hydrogen and battery storage. ENGIE remains committed and will continue to invest in renewable energy projects and innovative low-carbon solutions. About ENGIE: ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, clients, partners and stakeholders, the Group strives every day to accelerate the transition towards a carbon-neutral economy, through reduced energy consumption and more environmentally friendly solutions. Inspired by its purpose statement, ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its clients. Turnover in 2023: €82.6 billion. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).
