Streetbeat News

Equity Actions

VERO

Venus Concept has exchanged $35 million of senior debt held by Madryn Asset Management affiliates for 576,986 shares of Series Y Preferred Stock.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 11:34 am

GME

GameStop shares are trading higher following the announcement of the completion of its at-the-market equity offering program.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 11:26 am

STVN

Stevanato Group has appointed Franco Stevanato, the current Director and Executive Chairman, as its new CEO. He will succeed Franco Moro, who will continue his employment through June 30, 2024, and remain on the Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 11:04 am

PWR

Quanta Services has appointed Doyle N. Beneby as the new Independent Chairman of the Board. Additionally, Warner L. Baxter and Jo-ann dePass Olsovsky have been elected as new independent directors at the 2024 Annual Meeting of Stockholders.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 10:56 am

SPIR

Spire Global (SPIR) is set to join the Russell 3000 Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 10:50 am

WAY

Waystar Holding has launched its IPO, offering 45 million shares of common stock at an estimated price between $20.00 and $23.00 per share. The company has applied to list its shares on The Nasdaq Global Select Market under the symbol 'WAY' and plans to use the net proceeds to repay outstanding indebtedness.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 10:49 am

CNF

CNFinance has increased its share repurchase authorization to $30 million. As of May 27, 2024, the company has already repurchased approximately $18.5 million of its ADSs.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:30 am

TAC

TransAlta announced the renewal of its Normal Course Issuer Bid (NCIB) to repurchase up to 14 million common shares, representing approximately 4.6% of its outstanding shares. The repurchases will be made through open market transactions on the TSX and other Canadian trading systems, and any repurchased shares will be cancelled.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:52 am

GIB

CGI intends to repurchase 2.89 million of its Class A shares from CDPQ at $138.51 per share, which is a discount to the closing price on May 27, 2024. This transaction is part of CDPQ's periodic portfolio rebalancing. Post-transaction, CDPQ will hold approximately 7.15% of CGI's total outstanding shares.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:42 am

CAE

CAE has received regulatory approval for a Normal Course Issuer Bid to repurchase up to 15.9 million common shares.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 6:32 am