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Equity Actions

IRTC

iRhythm Technologies announced that CFO Brice Bobzien will step down for personal reasons effective August 31, 2024, and will be succeeded by Daniel Wilson. Bobzien will continue in an advisory role into 2025 to ensure a smooth transition.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:08 pm

ZTS

Zoetis has announced a $6 billion multi-year share repurchase program approved by its Board of Directors. This move is part of the company's capital allocation strategy, supported by strong demand for its innovative portfolio.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:03 pm

SQ

Block shares are trading higher following the company's Q2 financial results and the announcement of a $3 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:01 pm

WK

Workiva has authorized a stock repurchase program of up to $100 million, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:58 pm

PHIN

PHINIA's board has authorized a $250 million increase to its share repurchase program, signaling confidence in the company's financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:58 pm

TWO

Mary Riskey has resigned from her role as CFO at Two Harbors Investment Corp. William Dellal has been appointed as the interim CFO.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:55 pm

APTV

Aptiv has filed for a mixed shelf offering, though the size of the offering has not been disclosed.

Portfolio Pulse from charles@benzinga.com

August 01, 2024 | 8:51 pm

ELUT

Elutia Inc. (NASDAQ:ELUT) has generated $15.7 million in gross proceeds from the exercise of outstanding warrants issued in a private placement financing completed in September 2023.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:47 pm

DKNG

DraftKings reported Q2 earnings with revenue of $1.10 billion, missing estimates but showing a 26% YoY increase. EPS beat expectations at 22 cents. The company announced a $1-billion share buyback and raised its full-year 2024 revenue guidance. However, adjusted EBITDA guidance was lowered.

Portfolio Pulse from Chris Katje

August 01, 2024 | 8:42 pm

VINE

Fresh Vine Wine Inc. (NYSE:VINE) and Notes Live, Inc. have mutually agreed to terminate their previously announced merger agreement. The merger was initially set to be completed by July 31, 2024, but conditions were not met, leading to the termination. Fresh Vine retains the shares of Notes Live's stock acquired earlier this year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:34 pm