Latest news with #incentiveprogram
CBC
13 hours ago
- Business
- CBC
Edmonton could have a student housing hub downtown
A first-of-its-kind incentive program could help fund new affordable housing for students, if approved by council.
Yahoo
03-07-2025
- Business
- Yahoo
Zelluna ASA - Grant of Share Options under Long-Term Incentive Program
Oslo, 3 July 2025: On the basis of the approval by the General Meeting on 29 April 2025 to authorize the Board of Directors of Zelluna ASA (the 'Company', OSE ticker 'ZLNA') to grant new shares to employees and board members under a long-term incentive program, the Board of Directors has resolved to issue share options to all employees in the Company. A total of 1,634,000 options for shares in the Company have been distributed amongst the employees and two board members. The number of options granted corresponds to 8.0% of the outstanding number of shares in the Company. The combined number of options granted under both the previous and current share option programs corresponds to 8.7% of the outstanding shares. Each option gives the right to acquire one share in the Company. The options are granted without consideration. Pursuant to the vesting schedule for employees, 33% of the options will vest one year after the day of grant, 33% of the options will vest two years after the day of grant and the remaining 33% will vest three years after the day of grant (vesting is dependent on the option holder still being employed in the Company). For the board members, all options vest after 1 year. The exercise price has been set at NOK 13.34 per share, which corresponds to the volume-weighted average price over the past 30 calendar days. Options that are not exercised within 7 years from the date of grant will lapse and become void. Primary insiders in Zelluna ASA have received the following option grants, on the terms described above: Chief Executive Officer, Namir Hassan, has been granted 550,000 share options. Chief Financial Officer, Hans Vassgård Eid, has been granted 175,000 share options. All 23,398 options under the previous program have been terminated. Chief Operating Officer, Anders Holm, has been granted 145,000 share options. Head of Research, Luise Weigand, has been granted 145,000 share options. Head of CMC, Emilie Gauthy, has been granted 80,000 share options. Head of Clinical Operations, Øivind Foss, has been granted 70,000 share options. All 11,398 options under the previous program have been terminated. Head of Project Management, Julia Ino, has been granted 80,000 share options. Board Member, Bent Jakobsen, has been granted 96,000 share options. Board Member, Eva-Lotta Allan, has been granted 6,000 share options. For further information, please see or contact: Namir Hassan, CEO, Zelluna ASAEmail: +44 7720 687608 Hans Vassgård Eid, CFO, Zelluna ASAEmail: +47 482 48632
Wall Street Journal
27-06-2025
- Business
- Wall Street Journal
California Expands Film and TV Tax Credits to Lure Production Back to Hollywood
California state lawmakers approved an expanded $750 million tax credit program to bring film and TV production back to Los Angeles. The legislators voted Friday to increase the tax credits up from the $330 million currently available. California Gov. Gavin Newsom, who had proposed expanding the incentive program, is expected to sign it into law.
Argaam
15-06-2025
- Business
- Argaam
Tawuniya completes buyback of treasury shares
The Company for Cooperative Insurance (Tawuniya) completed the purchase of a number of its own shares for the employees' incentive program, based on the approval of the extraordinary general meeting (EGM) held on May 27. The company repurchased 199,862 shares at a total value of SAR 28.77 million, according to a Tadawul statement. The average purchase price per share was SAR 143.68. According to data available on Argaam, Tawuniya's shareholders approved the repurchase of 199,860 shares maximum, to be allocated for the employees' incentive program. They also authorized the board of directors to complete the buyback process within 18 months from the EGM date. The share buyback will be financed from the company's cash. Tawuniya will retain the repurchased shares for a maximum of 10 years, after which it will comply with the relevant laws and regulations.
Yahoo
06-06-2025
- Business
- Yahoo
Sanoma completed repurchase of own shares
Sanoma Corporation, Stock Exchange Release, 6 June 2025 at 9:00 EET Sanoma completed repurchase of own shares Sanoma has completed the repurchase of own shares, which started on 1 November 2024 and ended on 5 June 2025. During that time, Sanoma acquired a total of 720,000 own shares for an average price of EUR 8.1433 per share. The total sum used for the repurchase was EUR 5.9 million. The shares were acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. The repurchased shares were acquired on the basis of the authorisations given by the Annual General Meetings on 17 April 2024 and 29 April 2025 and shall be used as a part of the Company's incentive programme. Following the repurchase, Sanoma Corporation holds a total of 792,677 own shares, corresponding to 0.48% of the total number of shares. Additional information Kaisa Uurasmaa, Head of Investor Relations and Sustainability, tel. +358 40 560 5601 Sanoma Sanoma is an innovative and agile learning and media company impacting the lives of millions every day. Our Sustainability Strategy is designed to maximise our positive 'brainprint' on society and to minimise our environmental footprint. We are committed to the UN Sustainable Development Goals and signatory to the UN Global Compact. Our learning products and services enable teachers to develop the talents of every child to reach their full potential. We offer printed and digital learning content as well as digital learning and teaching platforms for primary, secondary and vocational education, and want to grow our business. Our Finnish media provide independent journalism and engaging entertainment also for generations to come. Our unique cross-media position offers the widest reach and tailored marketing solutions for our business partners. Today, we operate across Europe and employ close to 5,000 professionals. In 2024, our net sales amounted to approx. 1.3bn€ and our operational EBIT margin excl. PPA was 13.4%. Sanoma shares are listed on Nasdaq Helsinki. More information is available at Sie sich an, um Ihr Portfolio aufzurufen.
