Financial Announcements Archives | Page 16 of 115 | Be Korea-savvy

Archive by category Financial Announcements

Ingredion Incorporated Reports Strong Second Quarter Results and Raises Full-Year Outlook

Ingredion Incorporated Reports Strong Second Quarter Results and Raises Full-Year Outlook

Second quarter 2024 reported and adjusted operating income* declined 4% and grew 8%, respectively, compared to prior year Second quarter 2024 reported and adjusted EPS* were $2.22 and $2.87, a decrease of 8% and an increase of 24%, respectively Raising guidance for full-year reported EPS to be in the range of $10.20 to $10.70 and [...]

Philips to Repurchase Shares for Up to EUR 125 Million to Cover Long-term Incentive Plans

Philips to Repurchase Shares for Up to EUR 125 Million to Cover Long-term Incentive Plans

August 5, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase shares for an amount of up to EUR 125 million to cover certain of its obligations arising from its long-term incentive plans. At the current share price, this represents a total of approximately 4.8 million shares. The repurchases [...]

Zymeworks Announces Share Repurchase Program of up to $60 Million of its Common Stock

Zymeworks Announces Share Repurchase Program of up to $60 Million of its Common Stock

Zymeworks intends to commence the Share Repurchase Program with $30.0 million in initial repurchases anticipated to begin promptly and continue during the second half of 2024 VANCOUVER, British Columbia, Aug. 1 (Korea Bizwire) — Zymeworks Inc. (Nasdaq: ZYME) (the “Company”), a clinical-stage biotechnology company developing a diverse pipeline of novel, multifunctional biotherapeutics to improve the [...]

SiriusPoint Reports Seventh Consecutive Quarter of Underwriting Profits And Strong Net Income at $109.9m

SiriusPoint Reports Seventh Consecutive Quarter of Underwriting Profits And Strong Net Income at $109.9m

HAMILTON, Bermuda, Aug. 1 (Korea Bizwire) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its second quarter ended June 30, 2024 Half year core combined ratio of 92.5%, or 92.8% ex. LPT, representing a 1.0 point improvement versus prior year Strong growth in the quarter of 22% on gross written premiums [...]

Shell plc Publishes Second Quarter 2024 Press Release

Shell plc Publishes Second Quarter 2024 Press Release

London, August 1, 2024 “Shell delivered another strong quarter of operational and financial results. We further strengthened our leading LNG portfolio, and made good progress across our Capital Markets Day 2023 financial targets, including $1.7 billion of structural cost reductions since 2022. Today, we have also announced a further $3.5 billion buyback programme for the [...]

Teva Announces Strong Growth in Second Quarter Revenues mainly driven by Generics Products in All Regions and AUSTEDO®; Raises 2024 Financial Guidance

Teva Announces Strong Growth in Second Quarter Revenues mainly driven by Generics Products in All Regions and AUSTEDO®; Raises 2024 Financial Guidance

For an accessible version of this Press Release, please visit www.tevapharm.com Q2 2024 revenues of $4.2 billion reflecting an increase of 7% in U.S. dollars or 11% in local currency terms compared to Q2 2023. Generics business grows across all regions – increased in local currency terms by 16% in the U.S., 8% in Europe and [...]

CNH Industrial N.V. Reports Second Quarter 2024 Results

CNH Industrial N.V. Reports Second Quarter 2024 Results

Second quarter consolidated revenue declined 16% on lower industry demand Second quarter diluted EPS at $0.34; adjusted diluted EPS at $0.38 ($0.52 in the second quarter of 2023) Results reflect continued execution of cost savings initiatives mitigating the impact of market headwinds Returned $1.2 billion to shareholders through dividends and share repurchases in the first [...]