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Launch of previously announced share buy-back programme of up to DKK 1.4 billion
Launch of previously announced share buy-back programme of up to DKK 1.4 billion

Yahoo

time25-06-2025

  • Business
  • Yahoo

Launch of previously announced share buy-back programme of up to DKK 1.4 billion

COMPANY ANNOUNCEMENT NO. 12-2025 FLSmidth & Co. A/S 25 June 2025 Copenhagen, DenmarkWith reference to Company Announcement no. 11-2025, FLSmidth & Co. A/S ('FLSmidth') will today, 25 June 2025, launch the previously announced share buy-back programme of up to DKK 1.4 billion to be completed before the next Annual General Meeting, which is expected to be held on 24 March 2026. The share buy-back programme is carried out with the objective of adjusting the capital structure of FLSmidth and to meet obligations arising from share-based incentive programmes. Accordingly, any shares repurchased under the share buy-back programme that are not intended to cover obligations related to the company's share-based incentive programmes are ultimately intended to be proposed for cancellation at a General Meeting following the completion of the share buy-back programme. AuthorisationThe share buy-back programme is initiated pursuant to the authorisation granted to the Board of Directors at the Annual General Meeting on 2 April 2025, allowing the company in the period until the next Annual General Meeting to be held in 2026 to acquire its own shares up to an aggregate nominal amount corresponding to 10 percent of the company's share capital. The consideration must according to the authorisation not deviate by more than 10% from the official price quoted on Nasdaq Copenhagen at the time of acquisition. Prior to the commencement of the share buy-back programme, FLSmidth held a total of 567,002 shares, corresponding to 0.98 percent of the company's share capital, as treasury shares. The share buy-back programme will be executed in accordance with Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse (MAR) (as amended) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the 'Safe Harbour Regulation'). FLSmidth has appointed BNP Paribas to manage the programme. The manager will make all trading decisions independently of and without involving FLSmidth. Terms of the share buy-back programmeThe share buy-back programme commences today, Wednesday 25 June 2025, and will end no later than Friday 20 March 2026. Under the share buy-back programme, FLSmidth may repurchase shares up to a maximum amount of DKK 1.4 billion, and no more than 4,600,000 shares, corresponding to approximately 8 percent of the share capital of the company. The shares bought back on each trading day may not exceed 25 percent of the average daily trading volume over the 20 trading days preceding the date of purchase. Shares acquired under the share buy-back programme may not be bought at a price exceeding the higher of (i) the share price of the last independent transaction, and (ii) the highest independent bid on the shares on the trading venue where the transaction is executed. Further, shares may not be bought at a price deviating by more than 10% from the official price quoted on Nasdaq Copenhagen at the time of acquisition. FLSmidth will be entitled to suspend the share buy-back programme at any time. Should the share buy-back programme be suspended, FLSmidth will announce this in a Company Announcement and the manager will stop buying back shares in the market. In accordance with the Safe Harbour Regulation, FLSmidth will as a minimum for every 7th trading day issue an announcement in respect of transactions made under the share buy-back programme. Contacts: Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ MediaJannick Denholt, +45 21 69 66 57, jli@ About FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining industry. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining industry and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Company Announcement no. 12-2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Launch of previously announced share buy-back programme of up to DKK 1.4 billion
Launch of previously announced share buy-back programme of up to DKK 1.4 billion

Yahoo

time25-06-2025

  • Business
  • Yahoo

Launch of previously announced share buy-back programme of up to DKK 1.4 billion

COMPANY ANNOUNCEMENT NO. 12-2025 FLSmidth & Co. A/S 25 June 2025 Copenhagen, DenmarkWith reference to Company Announcement no. 11-2025, FLSmidth & Co. A/S ('FLSmidth') will today, 25 June 2025, launch the previously announced share buy-back programme of up to DKK 1.4 billion to be completed before the next Annual General Meeting, which is expected to be held on 24 March 2026. The share buy-back programme is carried out with the objective of adjusting the capital structure of FLSmidth and to meet obligations arising from share-based incentive programmes. Accordingly, any shares repurchased under the share buy-back programme that are not intended to cover obligations related to the company's share-based incentive programmes are ultimately intended to be proposed for cancellation at a General Meeting following the completion of the share buy-back programme. AuthorisationThe share buy-back programme is initiated pursuant to the authorisation granted to the Board of Directors at the Annual General Meeting on 2 April 2025, allowing the company in the period until the next Annual General Meeting to be held in 2026 to acquire its own shares up to an aggregate nominal amount corresponding to 10 percent of the company's share capital. The consideration must according to the authorisation not deviate by more than 10% from the official price quoted on Nasdaq Copenhagen at the time of acquisition. Prior to the commencement of the share buy-back programme, FLSmidth held a total of 567,002 shares, corresponding to 0.98 percent of the company's share capital, as treasury shares. The share buy-back programme will be executed in accordance with Article 5 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse (MAR) (as amended) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 (the 'Safe Harbour Regulation'). FLSmidth has appointed BNP Paribas to manage the programme. The manager will make all trading decisions independently of and without involving FLSmidth. Terms of the share buy-back programmeThe share buy-back programme commences today, Wednesday 25 June 2025, and will end no later than Friday 20 March 2026. Under the share buy-back programme, FLSmidth may repurchase shares up to a maximum amount of DKK 1.4 billion, and no more than 4,600,000 shares, corresponding to approximately 8 percent of the share capital of the company. The shares bought back on each trading day may not exceed 25 percent of the average daily trading volume over the 20 trading days preceding the date of purchase. Shares acquired under the share buy-back programme may not be bought at a price exceeding the higher of (i) the share price of the last independent transaction, and (ii) the highest independent bid on the shares on the trading venue where the transaction is executed. Further, shares may not be bought at a price deviating by more than 10% from the official price quoted on Nasdaq Copenhagen at the time of acquisition. FLSmidth will be entitled to suspend the share buy-back programme at any time. Should the share buy-back programme be suspended, FLSmidth will announce this in a Company Announcement and the manager will stop buying back shares in the market. In accordance with the Safe Harbour Regulation, FLSmidth will as a minimum for every 7th trading day issue an announcement in respect of transactions made under the share buy-back programme. Contacts: Investor RelationsAndreas Holkjær, +45 24 85 03 84, andh@ Denholt, +45 21 69 66 57, jli@ MediaJannick Denholt, +45 21 69 66 57, jli@ About FLSmidth FLSmidth is a full flowsheet technology and service supplier to the global mining industry. We enable our customers to improve performance, lower operating costs and reduce environmental impact. MissionZero is our sustainability ambition towards zero emissions in mining by 2030. We work within fully validated Science-Based Targets, have a clear commitment to improving the sustainability performance of the global mining industry and aim to become carbon neutral in our own operations by 2030. Attachment FLSmidth Company Announcement no. 12-2025Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Tulsa's Economy Reaps Benefit of Remote Worker Program
Tulsa's Economy Reaps Benefit of Remote Worker Program

Bloomberg

time29-05-2025

  • Business
  • Bloomberg

Tulsa's Economy Reaps Benefit of Remote Worker Program

For every dollar Tulsa spent to pay remote workers to move there, the Oklahoma city generated $4.31 in local economic benefits — more than double the return ratio of traditional incentive programs aimed at attracting large employers. That's according to a new study on Tulsa Remote, one of the first and largest programs in the US to lure new residents with financial incentives. Since 2018, more than 3,400 people have received $10,000 to relocate through Tulsa Remote, the majority of whom still live in the city today. Adding these new workers has boosted incomes for existing residents and created new jobs, while also building Tulsa's tax base, the study found. Fola Akinnibi and I look at what made the program work, and how the study's finding can be instructive for other cities. Today on CityLab: The Economic Benefits of Paying Workers to Move

Transactions in connection with share buyback programme
Transactions in connection with share buyback programme

Yahoo

time19-05-2025

  • Business
  • Yahoo

Transactions in connection with share buyback programme

Company Announcement Copenhagen, 19 May 2025 No. 34/2025 Transactions in connection with share buyback programmeISS A/S, a leading workplace experience and facility management company, announced on 20 February 2025 a new share buyback programme, see company announcement no. 12/2025. The share buyback programme is executed in accordance Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (the 'Market Abuse Regulation') and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred to as the Safe Harbour Regulation. Through the programme, ISS wishes to redistribute excess cash to shareholders. The purpose of the share buy-back programme is to (i) reduce the share capital and (ii) meet obligations arising from ISS' share-based incentive programmes. Under the programme, ISS will repurchase shares for a maximum consideration of DKK 2.5 billion from 20 February 2025 to 13 February 2026 at the latest, both days inclusive. The first tranche of up to DKK 1,250 million commenced on 20 February 2025 and will complete no later than 11 August 2025. The following transactions have been made under the programme: Number of shares Average purchase price, DKK Transaction value, DKK Accumulated, last announcement 3,989,836 160.70 641,183,996 12 May 2025 63,342 163.10 10,331,004 13 May 2025 51,476 164.34 8,459,653 14 May 2025 54,426 164.87 8,972,970 15 May 2025 35,139 165.30 5,808,600 16 May 2025 33,788 165.97 5,607,859 Accumulated under the programme 4,228,007 160.92 680,364,082 Following the transactions stated above, ISS A/S owns a total of 3,326,086 treasury shares corresponding to 1.91% of the total share capital. In accordance with the Market Abuse Regulation, the details of each transaction made under the share buyback programme are enclosed. For investor enquiriesMichael Vitfell-Rasmussen, Head of Group Investor Relations, +45 53 53 87 25 For media enquiriesCharlotte Holm, Head of External Communication, +45 41 76 19 89 ISS is a leading, global provider of workplace and facility service solutions. In partnership with customers, ISS drives the engagement and well-being of people, minimises the impact on the environment, and protects and maintains property. ISS brings all of this to life through a unique combination of data, insight and service excellence at offices, factories, airports, hospitals and other locations across the globe. ISS has more than 325,000 employees around the globe, who we call 'placemakers'. In 2024, Group revenue was DKK 83.7 billion. For more information on the ISS Group, Appendix_Company_Announcement_NO_34-2025 ISS announcement - SBB week 21Error while retrieving data Sign in to access your portfolio Error while retrieving data

Transactions in connection with share buyback programme
Transactions in connection with share buyback programme

Yahoo

time12-05-2025

  • Business
  • Yahoo

Transactions in connection with share buyback programme

Company Announcement Copenhagen, 12 May 2025No. 33/2025 Transactions in connection with share buyback programmeISS A/S, a leading workplace experience and facility service company, announced on 20 February 2025 a new share buyback programme, see company announcement no. 12/2025. The share buyback programme is executed in accordance Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 (the 'Market Abuse Regulation') and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, also referred to as the Safe Harbour Regulation. Through the programme, ISS wishes to redistribute excess cash to shareholders. The purpose of the share buy-back programme is to (i) reduce the share capital and (ii) meet obligations arising from ISS' share-based incentive programmes. Under the programme, ISS will repurchase shares for a maximum consideration of DKK 2.5 billion from 20 February 2025 to 13 February 2026 at the latest, both days inclusive. The first tranche of up to DKK 1,250 million commenced on 20 February 2025 and will complete no later than 11 August 2025. The following transactions have been made under the programme:Number of shares Average purchase price, DKK Transaction value, DKK Accumulated, last announcement 3,515,993 160.13 563,003,425 5 May 2025 68,461 167.58 11,472,715 6 May 2025 59,757 167.69 10,020,556 7 May 2025 125,625 165.77 20,825,321 8 May 2025 120,000 163.09 19,570,860 9 May 2025 100,000 162.91 16,291,120 Accumulated under the programme 3,989,836 160.70 641,183,996 On 12 May, 2025, ISS A/S announced a capital reduction of 11,468,226 treasury shares, cf. Company announcement no. 31 Following the transactions stated above, ISS A/S owns a total of 3,087,915 treasury shares corresponding to 1.77% of the total share capital. In accordance with the Market Abuse Regulation, the details of each transaction made under the share buyback programme are enclosed. ISS is a leading, global provider of workplace and facility service solutions. In partnership with customers, ISS drives the engagement and well-being of people, minimises the impact on the environment, and protects and maintains property. ISS brings all of this to life through a unique combination of data, insight and service excellence at offices, factories, airports, hospitals and other locations across the globe. ISS has more than 325,000 employees around the globe, who we call 'placemakers'. In 2024, Group revenue was DKK 83.7 billion. For more information on the ISS Group, visit ISS announcement - SBB week 20 Appendix_Company_Announcement_NO_33-2025

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