Streetbeat News

Equity Actions

KRNT

Kornit Digital's board has approved a $100 million share repurchase program, indicating confidence in the company's future prospects and potentially boosting shareholder value.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 12:01 pm

KGS

Kodiak Gas Services shares rose following the announcement of a 6,086,957 common share offering by a selling stockholder, priced at $25 per share.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:57 am

BABA

Alibaba's US-listed shares are rising due to the inclusion of its Hong Kong-listed shares in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:46 am

HPE

Hewlett Packard Enterprise (HPE) shares are trading lower following the announcement of a $1.35 billion public offering of Series C mandatory convertible preferred stock.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:45 am

SEG

Seaport Entertainment Group has announced a $175 million rights offering to purchase 7 million common shares. This move is likely aimed at raising capital for expansion or other corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:37 am

IONS

Ionis Pharmaceuticals' stock is trading lower following the pricing of its $500.3 million public offering of 11.5 million common shares at $43.50 each.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:33 am

SIRI

SiriusXM has confirmed its quarterly dividend and announced a $1.166 billion stock repurchase authorization following the Liberty Media transaction. The dividend is adjusted to approximately 27 cents per quarter.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:28 am

VSTO

Vista Outdoor is engaging with MNC Capital as part of its strategic review and has adjourned its special stockholders meeting to September 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:22 am

INMD

InMode's board has approved a share repurchase program for up to 7.68 million ordinary shares, which will be funded with available cash. The repurchase can be started, paused, or stopped at any time.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 11:03 am

XCH

XCHG Limited, an EV charging solutions provider, has announced the pricing of its IPO, offering 3.33 million ADSs at $6.2 each. The ADSs, representing 40 Class A ordinary shares, will trade on Nasdaq under the symbol 'XCH'. The offering is expected to close on September 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 10:02 am