Streetbeat News

Equity Actions

KARO

Karooooo has withdrawn its secondary public offering of ordinary shares due to market uncertainty. This decision reflects the company's cautious approach in the current volatile market environment.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 6:45 am

HTBK

Heritage Commerce Corp. has authorized a $15 million share repurchase program. This move is likely to impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 6:33 am

ATR

AptarGroup Inc. (ATR) announced that CFO Bob Kuhn will retire at the end of this year. Vanessa Kanu has been named as the next CFO, effective January 1, 2025. She will join the company in the fourth quarter of 2024 as CFO designate.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:23 pm

SKX

Skechers USA Inc. (NYSE:SKX) reported its Q2 financial results, missing analyst estimates for both earnings and sales. The company reported earnings of 91 cents per share and sales of $2.16 billion. Despite missing estimates, sales increased by 7.2% year-over-year. The company also announced a $1 billion share repurchase program. Shares are up 1.99% after-hours.

Portfolio Pulse from Erica Kollmann

July 25, 2024 | 9:22 pm

CAE

CAE announced that CFO Sonya Branco will step down at the end of August to pursue other interests. Constantino Malatesta has been named as the interim CFO.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:06 pm

OKLO

Oklo Inc (NYSE:OKLO) shares fell 3% to $8.41 amid a broader tech sector decline, now down about 60% from their peak of $15.70 after the IPO. The company, which went public in May through a merger with AltC Acquisition Corp, received $306 million in gross transaction proceeds to supply clean energy to various sectors. Oklo does not pay a dividend but may return value through other capital allocation programs.

Portfolio Pulse from Henry Khederian

July 25, 2024 | 9:03 pm

SKX

Skechers has announced a new $1 billion share repurchase program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:55 pm

PCB

PCB Bancorp (NASDAQ:PCB) has extended its stock repurchase plan from August 2, 2024, to August 1, 2025. As of July 24, 2024, the company has repurchased and retired 142,223 shares, leaving 577,777 shares authorized for repurchase.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:46 pm

BOC

Boston Omaha Corporation (NYSE:BOC) has announced a $20 million share repurchase program, effective from August 15, 2024, following the release of its quarterly report. The program will run through September 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:44 pm

SCHW

Michael Verdeschi will succeed Peter B. Crawford as Schwab's Managing Director and CFO effective October 1.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 8:39 pm