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Equity Actions

BVFL

BV Financial, Inc. (NASDAQ:BVFL) has announced a stock repurchase program for up to 10% of its outstanding shares, effective no earlier than August 1, 2024, following its mutual-to-stock conversion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:22 pm

EVOK

Evoke Pharma (NASDAQ:EVOK) announced a 1-for-12 reverse stock split effective August 1, 2024, causing volatility in its stock price. The stock fell 16.40% to 42 cents but rose 12.44% to 47 cents in after-hours trading. The reverse split consolidates every 12 shares into one, with no change in par value or authorized shares. The stock has decreased by 75.13% over the past year and is currently oversold with an RSI of 28.29.

Portfolio Pulse from Henry Khederian

July 30, 2024 | 9:22 pm

NCPL

Netcapital shares are trading lower after the company announced a 1-for-70 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:11 pm

VVV

Valvoline Inc. (NYSE:VVV) has announced a $400 million share repurchase authorization, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:07 pm

FICO

FICO has announced a new stock repurchase program to acquire up to $1 billion of its outstanding common stock. This follows the completion of its previous repurchase program.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 9:05 pm

NARI

Inari Medical (NASDAQ:NARI) announced that CFO Mitch Hill will retire effective October 1, 2024, and will be succeeded by Kevin Strange, the current SVP of Finance, Accounting, Strategy, and Business Development.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:58 pm

NCPL

Netcapital announced a 1-for-70 reverse stock split effective August 1, 2024. The common stock will trade on a split-adjusted basis starting August 2, 2024, under the symbol NCPL and new CUSIP 64113L202.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:50 pm

UNM

Unum Group has announced a $1 billion share repurchase program starting on August 1, 2024, with the current program set to terminate on July 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:16 pm

XYLO

Xylo Technologies Ltd. (NASDAQ:XYLO) announced a reverse split of its American Depositary Shares (ADS) on a 1-for-2.666666 basis, changing the number of ordinary shares represented by each ADS from 15 to 40. The effective date is August 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:14 pm

GLYC

GlycoMimetics is set to recognize approximately $3.6 million in total charges due to a restructuring plan that includes reducing its workforce by 26 employees, which is about 80% of its total headcount.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 7:58 pm