Latest news with #incentiveprogram
Wall Street Journal
4 days ago
- 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.
Yahoo
09-05-2025
- Business
- Yahoo
Equip Monroe program offers $5k rebate to small manufacturers
ROCHESTER, N.Y. (WROC) — Friday, Monroe County announced a new incentive program for small manufacturers, helping them to make large purchases. It's called the Equip Monroe Program. 'Simply put, this initiative will strengthen our industrial base, support innovation, and make it more affordable for manufacturers to support in Monroe County,' Monroe County Executive Adam Bello said. The program offers a one-tie rebate up to $5,000 for significant purchases. The county said it is trying to incentivize businesses that make and retain jobs locally. So, payment for the rebate will be paid out one year later if the business provides proof or job retention — and there will be an additional bonus if at least one full-time job is created within that timeframe. There's additional incentive if the equipment is purchased locally. Chad Carta is the President of XLI Manufacturing and said that every little bit helps. 'It's across the board where we need support,' Carta said. 'So, while it seems like $5,000 in the grand scheme of things is relatively small, it helps us, and myself from a business owner perspective — it does help us make these key decisions. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CTV News
08-05-2025
- Business
- CTV News
Downtown development enhanced through new program
Downtown development enhanced through new program A new incentive program from the City of Calgary aims to boost downtown development.
