Streetbeat News

Equity Actions

ACN

Accenture has invested in New York-based virtual reality company Praxis Labs, which focuses on improving equity and inclusion through immersive workplace scenarios in VR/MR. The terms of the investment were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:01 pm

TOI

The Oncology Institute's Board of Directors approved a share repurchase program, authorizing the purchase of up to 5 million shares of the company's common stock.

Portfolio Pulse from Charles Gross

June 15, 2023 | 10:55 am

MVIS

MicroVision has withdrawn its proposed public offering of common stock, leading to a surge in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:53 am

BBLG

Bone Biologics (BBLG) has priced its public offering of 2.54 million shares at $1.97 per share, causing the stock to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:45 am

LLY

VERV

Verve Therapeutics has partnered with Eli Lilly for its preclinical in vivo gene editing program targeting Lipoprotein(a) for atherosclerotic cardiovascular disease. Verve will receive $60M upfront and an equity investment, plus $465M in milestone payments.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:34 am

ZNTL

Zentalis Pharmaceuticals announced the pricing of its offering of 11.03 million shares at $22.66 per share, raising $250 million in gross proceeds. The offering is expected to close on June 20, 2023, and the proceeds will be used to fund ongoing and planned clinical trials, working capital, and other general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:06 am

AHH

Armada Hoffler (AHH) has announced a $50 million share repurchase program, which may include open market purchases, block purchases, privately negotiated transactions, or other permitted means.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:04 am

ASPN

Aspen Aerogels has initiated the 5-day termination process of its previously announced At-The-Market (ATM) equity offering program, with the termination to take effect on June 20, 2023. The company will make no sales under the ATM offering during this period.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 10:01 am

AZO

AutoZone Inc has increased its share buyback authorization by $2 billion as part of its ongoing share repurchase program. The company reported mixed Q3 FY23 results, with sales of $4.09 billion and EPS of $34.12. In Q3, AutoZone repurchased shares worth $908.2 million.

Portfolio Pulse from Lekha Gupta

June 15, 2023 | 9:59 am

WRB

W.R. Berkley Corp (NYSE:WRB) has increased its annual dividend by 10% to $0.44 per share and authorized a new share buyback program of 15 million shares. The company returned $293.8 million to shareholders in Q1 2023 and had cash and cash equivalents of $1.84 billion as of March 31, 2023.

Portfolio Pulse from Lekha Gupta

June 15, 2023 | 9:34 am