Streetbeat News

Equity Actions

LVS

Las Vegas Sands (LVS) has announced that its Board of Directors has authorized $2 billion for future stock repurchases and increased the annual dividend to $1.00 per share for 2025. This move is part of their strategy to return excess capital to shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:37 pm

INV

Innventure has secured a $50 million line of credit from Western Technology Investment and raised $11 million through a Series B preferred stock issuance. This move aims to strengthen its balance sheet and enhance operating flexibility.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:36 pm

FTI

TechnipFMC has announced a $1 billion share repurchase authorization, indicating confidence in its financial health and future prospects. This move is likely to positively impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:30 pm

WULF

TeraWulf Inc. has announced a $200 million share repurchase program, indicating confidence in its business strategy and financial health. The program will run through December 31, 2025, using excess cash after capital expenditures.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 8:05 pm

BIVI

BioVie shares fell after the company announced a registered direct offering and concurrent private placement, raising $6 million by selling 2.67 million shares at $2.25 each.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:58 pm

TZOO

Travelzoo shares rose following the announcement of better-than-expected Q3 EPS results and a share repurchase program for up to one million shares.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 5:50 pm

SAG

SAG Holdings' shares opened for trading at $6.01 per share, below the IPO price of $8 per share for 875,000 shares.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 4:08 pm

INGM

Ingram Micro Holding Corporation is set to begin trading on the NYSE under the ticker INGM on October 24. The IPO price is expected to be between $20.00 and $23.00 per share, with a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 3:01 pm

INGM

Ingram Micro Holding Corporation is set to IPO on October 24 on the NYSE under the ticker INGM, with shares priced between $20.00 and $23.00. The insider lock-up period will last 180 days, ending on April 22, 2025.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 3:00 pm

BA

Boeing's CFO announced plans to address the company's balance sheet in the near term, which may involve offering equity and equity-linked securities.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 2:54 pm