Scandic updates net debt target and informs about upcoming share buyback program and proposal for extra dividend
The Board of Directors of Scandic Hotels Group AB (publ) (“Scandic” or the “Company”) has decided on financial targets for the period 2025–2027. The target for net debt in relation to adjusted EBITDA is reduced from 2-3x to below 1x. The Company’s financial targets for growth,
Despite a slow start, States’ capex likely to rise further this year
Capital expenditure by States, a key driver of India’s economic growth in recent times, may have started on the backfoot in 2024-25 with the general elections taking up the first quarter, and States’ capex dropping 7% from last year by August, but those spends may pick up steam in the
Nordea Bank Abp: Repurchase of own shares on 29.10.2024
Nordea Bank AbpStock exchange release – Changes in company’s own shares29.10.2024 at 22.30 EET Nordea Bank Abp (LEI: 529900ODI3047E2LIV03) has on 29.10.2024 completed repurchases of own shares (ISIN: FI4000297767) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* **
Acroud announces payment of postponed interest under its outstanding bond loan
Acroud AB (publ) (the “Company” or “Acroud”) announced on 30 September 2024 that it until further notice would postpone the interest payment which was due on 7 October 2024 on its SEK 225,000,000 senior secured bonds with ISIN SE0017562481 (the “Bonds“). Acroud hereby announces that
Transaction in Own Shares – Fidelity China Special Situations Plc
FIDELITY CHINA SPECIAL SITUATIONS PLC (the ‘Company’) TRANSACTION IN OWN SHARES The Board of the Company announces that it has repurchased for cancellation. Number of shares repurchased: 250,000 Date of transaction: 29 October 2024 Average share price paid per share (GBp): 219.200 Lowest share
Scandic Hotels Group repays the outstanding tax debt in advance to the Swedish Tax Agency
In October 2024, Scandic Hotels Group repaid its outstanding tax debt of 631 million SEK in full to the Swedish Tax Agency. The original payment plan for the tax debt was scheduled to run until April 2027. During 2020–2021, the opportunity to defer VAT and
Afcons Infrastructure IPO subscribed 2.63 times
The Initial Public Offering (IPO) of Afcons Infrastructure Ltd was subscribed 2.63 times on the final day of bidding on Tuesday. The issue received bids of 22,78,13,728 shares against the offered 8,66,19,950 equity shares, at a price band of ₹440-463, according to the data available on the stock exchanges. Non-Institutional
NAXS Interim financial report January – September 2024
This announcement is not an offer of securities for sale in the United States nor in any other country, and securities may not be offered or sold in the United States absent registration or an exemption from registration under U.S. Securities Act of 1933, as
India to see VC investment climb in 2025 even as rest of the world expects subdued market: KPMG
Global venture capital investments have dropped from $95.5 billion in the second quarter of calendar 2024 to $70.1 billion in Q324; the number of VC deals, too, dropped from 9,270 to 7,227 over the same period, reported KPMG on Tuesday. However, the consulting firm said India bucked the global trend.
Hyatt and Grupo Piñero Announce Plans to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand
Palma de Mallorca, Spain & CHICAGO, United States: Hyatt Hotels Corporation (NYSE: H) today announced plans for affiliates of Hyatt and Grupo Piñero to enter into a long-term asset-light strategic joint venture, headquartered in Palma de Mallorca, Spain, which will manage Bahia Principe-branded hotels and resorts