Friday 10 January 2025
 
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share buyback

IHC announces first tranche of $1.36bn share buyback

International Holding Company (IHC), a global diversified Abu Dhabi-based conglomerate, has  launched its AED5 billion ($1.36 billion) share buyback programme, beginning with an initial tranche of AED1.8 billion, representing 36% of the t

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Amanat gets investor nod for share buyback programme

UAE-based Amanat Holdings has confirmed shareholder approval for a share buyback programme for up to 5% of the company’s outstanding shares and a dividend distribution of AED100 million ($27.2 million) for FY 2022, which amounts to 4 fil

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SAP Q2 profit falls, revises earnings outlook; to buy back shares

German software giant SAP has posted a decline in earnings for the second quarter, mainly due to reduced revenue from software licences, as well as significant bad debt expenses related to the war in Ukraine.   F

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SAP Q2 profit falls, revises earnings outlook; to buy back shares

German software giant SAP has posted a decline in earnings for the second quarter, mainly due to reduced revenue from software licences, as well as significant bad debt expenses related to the war in Ukraine.   F

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EFG International launches share buyback programme

EFG International, a global private banking group offering asset management services based in Zurich, Switzerland, is set to repurchase up to eight million of its own registered shares under a  share buyback programme.  

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RAK Petroleum announces share buyback offer

RAK Petroleum plc, an Oslo-listed oil and gas investment company, said it plans to repurchase such number of its class A shares with ISIN GB00BRGBL804 at the Repurchase Price up to a maximum aggregate consideration of $15 million.

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Microsoft plans $40 billion share buyback

Microsoft Corp on Tuesday raised its quarterly dividend by 8 per cent and said it would buy back up to $40 billion as part of a new share repurchase programme. The company raised its dividend to 39 cents per share, up 3 cents from

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Exxon cuts share buyback as oil prices hit Q4 profit

Exxon Mobil Corp said on Monday its quarterly profit fell 21 per cent as weak oil prices took a toll, but results topped Wall Street expectations due to a tax adjustment and higher earnings from its chemicals business. Shares of E

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BP raises dividend, promises more share buybacks

BP raised its quarterly dividend for the second time in six months and said more share buy-backs were on the cards, showing how the British oil company's asset sales are providing more cash for investors. Shareholders have urg

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EFG Hermes agrees $143m share buyback

EFG Hermes Holding, a leading investment bank, has finalised a share buyback programme that will aim at returning EGP1 billion ($143.3 million) to the company’s shareholders during the first nine months of 2014. The first ph

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