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Equity Actions

KGEI

Kolibri Global Energy has established an automatic securities plan to facilitate a strategic share buyback. This move is likely aimed at enhancing shareholder value and optimizing the company's capital structure.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:57 am

THRY

Thryv Holdings has announced an upsized public offering of 5,715,000 common shares priced at $14 per share, raising $80 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:38 am

FHN

First Horizon has announced a new $1 billion common stock repurchase program, replacing the previous program with $174 million remaining. The new program is effective from October 29 and will expire on January 31, 2026.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:37 pm

CLW

MDU

Everus Construction will be added to the S&P SmallCap 600 on November 1, replacing Clearwater Paper. MDU Resources Group is spinning off Everus Construction and will remain in the index, changing its sector classification from Industrials to Utilities.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:22 pm

HRMY

Harmony Biosciences announced a public offering of up to 8 million shares of common stock by selling shareholders Marshman Fund Trust II and Valor IV Pharma Holdings. This offering does not involve the issuance of new shares by the company itself.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:17 pm

CMG

Chipotle's board has approved an additional $900 million stock repurchase program, expanding on previous authorizations. The program can be modified or discontinued at any time.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:54 pm

CHWY

Keith Gill has filed an amended Schedule 13G, indicating he has reduced his stake in Chewy (CHWY) to 0.0% as of September 30, 2024, showing no beneficial ownership in the company's Class A common stock.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:27 pm

THRY

Thryv Holdings, Inc. (NASDAQ:THRY) has announced a $75 million public offering of its common stock to fund its acquisition of Infusion Software, Inc. RBC Capital Markets is managing the offering.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:25 pm

EXE

Expand Energy has announced a new $1 billion share repurchase authorization as part of its enhanced capital return framework. The plan, effective January 1, 2025, prioritizes a base dividend of $2.30 per share and $500 million in annual net debt reduction. Remaining free cash flow will be used for share repurchases and additional dividends.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:05 pm

DBGI

Digital Brands Group Inc (DBGI) shares fell 35% after announcing a public offering of 30 million shares at $0.10 each, raising $3 million. The offering dilutes existing shares and signals potential financial strain.

Portfolio Pulse from Henry Khederian

October 29, 2024 | 5:34 pm