share-buybacks
FinanceGenerali Steps up Investor Returns as CEO Offers to Stay in Charge
InvestingHedge Fund Elliott Says It Has Not Made Demands at Germany’s Rwe
Top StoriesBarclays Plans Cost Cuts, Bumper Buybacks in Bid to Boost Shares
Top StoriesUBS Resumes Buybacks, Seeks More Cost Savings From Credit Suisse Takeover
Novo Nordisk to Begin 2024 Share Buybacks
Date: February 6, 2024
Novo Nordisk to begin 2024 share buybacks OSLO (Reuters) – Novo Nordisk will on Tuesday begin the execution of its planned share buyback programme for 2024, the Danish maker of obesity drug Wegovy and diabetes treatment Ozempic said in a statement. Novo on Jan. 31 said it planned to carry out a share repurchase plan...
Equinor Q2 Profit Down 57% as Oil and Gas Prices Fall
Date: July 26, 2023
Equinor Q2 profit down 57% as oil and gas prices fall By Gwladys Fouche OSLO (Reuters) -Equinor posted on Wednesday a 57% year-on-year decline in second quarter core profit, in line with expectations as oil and gas prices fell, while maintaining its dividend and share buyback levels, sending its shares slightly lower. The Norwegian energy...
Nestle Nudges 2022 Sales Outlook Higher Again
Date: November 29, 2022
ZURICH (Reuters) -Nestle has nudged its 2022 sales outlook higher again, the world’s largest packaged food company said ahead of an investor seminar on Tuesday. The company said it now expected organic sales growth of 8-8.5%, up from an October forecast of around 8%, and an underlying trading operating profit margin of around 17.0%. Underlying...
Bp Joins Rivals With Bumper $8.2 Billion Profit
Date: November 1, 2022
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP more than doubled its third-quarter profit from a year earlier to $8.15 billion and expanded its share buybacks by $2.5 billion, joining rivals in reporting bumper profits that have sparked renewed calls for energy companies to pay more taxes. London-based BP joins rivals including Shell,...
Eni Lifts Investor Rewards After Net Profit Jumps
Date: July 29, 2022
By Francesca Landini MILAN (Reuters) -Italian energy group Eni on Friday doubled its share buyback plan for this year and approved a new share purchase programme for 2023 after reporting a jump in profits in the second quarter on the back of soaring oil prices. Eni’s move follows similar action by Shell and TotalEnergies, which...
Norsk Hydro Offers Extra Dividend, Buybacks Despite Uncertainty Ahead
Date: July 22, 2022
By Gwladys Fouche OSLO (Reuters) -Aluminium maker Norsk Hydro proposed an extra dividend and offered share buybacks as it reported quarterly profit that met expectations, sending its shares higher on Friday despite warning of uncertainty amid threats of gas rationing in Europe. Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to 11.6 billion...