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Equity Actions

PLBY

PLBY Group has announced an equity investment by Byborg Enterprises SA, which will purchase 14.9 million shares of PLBY at $1.50 per share. Additionally, Byborg has signed a non-binding letter of intent to license digital IP and operate select Playboy digital assets, committing to $300 million in minimum guaranteed payments over a 15-year term.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:32 pm

PDYN

Palladyne AI Corp. (NASDAQ:PDYN) announced a $7M registered direct offering and concurrent private placements. The company will issue 2,790,700 shares at $2.15 each and warrants for the same number of shares at $2.30. Insiders also purchased shares and warrants. Proceeds will fund corporate purposes and software development.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 12:23 pm

COP

ConocoPhillips shares rise as the company reports better-than-expected Q3 earnings, increases its quarterly dividend by 34%, and expands its stock buyback authorization by $20 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:47 am

COP

ConocoPhillips' Board of Directors has approved an increase in the company's share repurchase authorization by up to $20 billion.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:05 am

COP

ConocoPhillips has announced a 34% increase in its quarterly dividend, raising it from $0.58 to $0.78 per share. The dividend is payable on December 2, 2024, to shareholders recorded by November 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:04 am

BX

GTES

Gates Industrial announced that certain stockholders affiliated with Blackstone have commenced a secondary offering of 11.63 million of Gates' ordinary shares.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:42 am

ETR

Entergy has raised its FY24 adjusted EPS guidance to $7.15-$7.35 and announced a two-for-one stock split. The stock split will be effective for shareholders on December 5, 2024, with trading on a split-adjusted basis starting December 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:41 am

CYD

China Yuchai has decided to terminate its share buyback plan, which was initially set to repurchase up to $40 million or 4 million shares. The company has already repurchased 3,339,968 shares, totaling $39,825,731.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:09 am

APLD

Applied Digital announced the upsize and pricing of its $375 million 2.75% Convertible Senior Notes due 2030, with a 32.5% conversion premium. The company also initiated share repurchase programs totaling approximately $84 million. The offering is expected to close on November 4, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 10:08 am

ENVX

Enovix has announced a $100 million public offering of 10,416,667 common shares, expected to close on November 1, 2024. The company has also granted the underwriter a 30-day option to purchase an additional 1,562,500 shares.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:26 am