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COFS

FETM

ChoiceOne Financial Services (COFS) has announced a merger with Fentura Financial (FETM), valuing the transaction at $40.18 per share of Fentura common stock, or approximately $180.4 million. Each share of Fentura common stock will be converted into 1.35 shares of ChoiceOne common stock.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:09 pm

COFS

ChoiceOne Financial Services, Inc. (NASDAQ:COFS) has announced a $30 million common stock offering. The proceeds will be used for general corporate purposes, including supplementing regulatory capital ratios and supporting its merger with Fentura Financial, Inc.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:08 pm

CMMB

Chemomab Therapeutics has announced a private placement of $10 million, selling 4,188,867 American Depositary Shares (ADSs) and pre-funded warrants to purchase up to 3,908,300 ADSs. The purchase price is $1.235 per share, reflecting the average share price on Nasdaq for the last 4 trading days. The private placement is expected to close around July 26, 2024, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 11:47 am

HOG

Harley-Davidson has announced a $1 billion stock buyback program that will run through 2026.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:53 am

BLMZ

EW

F

INDV

PBM

TWOU

Indivior PLC (NASDAQ:INDV) shares surged 14.5% in pre-market trading after reporting better-than-expected Q2 earnings and announcing a $100 million share repurchase program. Other notable pre-market movers include Psyence Biomedical Ltd. (NASDAQ:PBM), BloomZ Inc. (NASDAQ:BLMZ), and 2U, Inc. (NASDAQ:TWOU), among others.

Portfolio Pulse from Avi Kapoor

July 25, 2024 | 10:36 am

INDV

Indivior shares are trading higher after the company reported better-than-expected Q2 financial results and announced an accelerated $100 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:35 am

CMG

Chipotle Mexican Grill shares are trading higher after the company reported better-than-expected Q2 financial results and authorized a $400 million buyback.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:29 am

DTI

SDPI

DTI and SDPI have set July 29, 2024, as the deadline for the election of the form of merger consideration. This is a critical date for shareholders to decide on the type of compensation they prefer in the upcoming merger.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 10:08 am

BAC

FTXO

KBWB

Bank of America (NYSE:BAC) shares are trading higher premarket after the company authorized a $25 billion share buyback program starting August 1, 2024. The bank also raised its quarterly cash dividend to $0.26 per share and declared a regular quarterly cash dividend of $1.75 per share on its 7% Cumulative Redeemable Preferred Stock, Series B. BAC reported better-than-expected Q2 earnings and revenue, and its stock has gained over 30% in the last 12 months. Investors can gain exposure to BAC via First Trust Nasdaq Bank ETF (NASDAQ:FTXO) and Invesco KBW Bank ETF (NASDAQ:KBWB).

Portfolio Pulse from Lekha Gupta

July 25, 2024 | 9:50 am

ORKT

OrangeKloud Technology has priced its $13.1M Initial Public Offering (IPO) of 2.75M Class A Common Shares at $4.75 per share. The shares will trade on the Nasdaq Capital Market under the ticker symbol 'ORKT' starting July 25, 2024, with the offering expected to close on July 26, 2024, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 7:52 am