IAG Shares Jump on Record Profits and €400M Buyback
International Airlines Group sees massive profit surge as travel demand rebounds, with plans to return €400 million to shareholders through share buyback programme.
Category : Search result: share buyback
Starbucks stake slashed by Chinese investment giant Boyu Capital
Chinese private equity firm Boyu Capital dramatically reduces its Starbucks holdings amid challenging market conditions, signalling shifting investor confidence in the coffee giant's China prospects.
Reeves scraps share stamp duty after AstraZeneca warning
Chancellor Rachel Reeves scraps the outdated 0.5% stamp duty on share purchases in major U-turn, acknowledging AstraZeneca's London listing concerns. A victory for UK financial competitiveness.
Premier Foods shares jump 15% on investor stake increase
Oasis Management dramatically increases investment in Mr Kipling owner Premier Foods, sparking 15% share surge and strategic review speculation.
Apple iPhone Sales Slump Sends Shares Tumbling
Apple's latest earnings reveal surprising iPhone demand weakness, sending shares tumbling as analysts question the tech giant's growth strategy in challenging economic times.
CSL shareholders revolt against executive pay packages
Australian biotech giant CSL faces investor fury as shareholders overwhelmingly vote against executive pay, though board members narrowly survive removal votes amid share price concerns.
GM stock plunges after profit warning and EV target retreat
General Motors shares tumble after company slashes 2024 profit forecast and concedes electric vehicle targets are no longer achievable, sending shockwaves through automotive markets.
NSW Government buys back Northern Beaches Private Hospital
The NSW Government announces landmark acquisition of Northern Beaches Private Hospital, ending controversial private partnership and returning vital healthcare services to public control.
EasyJet Shares Jump 38% on MSC Takeover Approach
EasyJet's share price skyrocketed after Mediterranean Shipping Company (MSC) tabled a surprise takeover offer, potentially reshaping the European airline industry landscape.
Peter Kay: I forgot how to be funny during hiatus
Beloved British comedian Peter Kay finally reveals the heartbreaking truth behind his sudden disappearance from the spotlight in an emotional interview that has fans talking.
Ferrari Loses £4.5bn Amid 'Woke' Car Backlash
Ferrari faces investor backlash as its stock plunges 8% following CEO Benedetto Vigna's announcement of a new 'woke' electric vehicle, raising concerns about the brand's future direction and profitability.
THG Shares Crash 20% After Takeover Talks Collapse
Manchester-based e-commerce leader THG sees shares crash dramatically after takeover talks with Apollo collapse, wiping millions from market value and shaking investor confidence.
Aussie Mining Stock Skyrockets Nearly 500% in Shock Rally
In one of the most remarkable stock market performances of the year, little-known mining company Flynn Gold witnesses near-500% share price explosion, defying market expectations and creating millionaires overnight.
Telstra to gain from Optus outage crisis
Analysis reveals Telstra could gain significant market advantage and pricing power following Optus's catastrophic network outage that left millions without emergency access.
Adidas shares plunge after Kanye West partnership ends
Sportswear titan Adidas faces significant financial fallout after severing its lucrative Yeezy partnership with Kanye West following inflammatory remarks, wiping billions from its market value.
House Share War Over Kitchen Sink Teeth Brushing
A furious flatmate feud erupts over one tenant's bizarre habit of brushing her teeth in the kitchen sink. Discover the grim details and have your say in this ultimate test of house-share etiquette.
Luckin Coffee Overtakes Starbucks in Chinese Market
In a stunning corporate comeback, Chinese coffee giant Luckin Coffee has dethroned Starbucks to become the market leader in China, reporting record sales and profitability just years after a major accounting scandal.
ANZ Bank fined £375k for major governance failures
Australia's ANZ Bank has been slapped with a hefty A$750,000 fine for 'widespread' corporate misconduct and failing to maintain proper share dealing policies for its directors, following a landmark Federal Court ruling.
Australian workers secure largest income share in decade
New data reveals Australian employees are capturing a historically high share of national income, with strong wage growth finally outpacing profits in a major post-pandemic economic shift.
FTSE 100 Tumbles Amid Global Tech Stock Plunge
The London Stock Exchange faced a sharp sell-off on Thursday, with the FTSE 100 dragged down by a global tech rout and disappointing corporate earnings. Key figures like Elon Musk face scrutiny.
FTSE 100 Soars as Rolls-Royce and Ocado Lead Rally
The FTSE 100 surged on Wednesday, propelled by strong performances from Rolls-Royce and Ocado. Discover the key drivers behind the rally and what it means for investors.
TikTok Owner Launches $5bn Staff Share Buyback Amid US Pressure
ByteDance, the Chinese parent company of TikTok, initiates a $5 billion stock buyback programme for current and former employees, valuing the firm at a staggering $265 billion. This strategic move comes as the tech giant faces intense pressure from US law
Woolworths & Coles Lose Billions in Market Value Crash
A dramatic profit warning from Australian retail titans Woolworths and Coles triggers a historic stock market crash, wiping billions from their value and signalling a major shift in consumer spending.
FTSE 100: Rolls-Royce Soars, Mining Stocks Slump
London's FTSE 100 experienced a dramatic session with Rolls-Royce and Ocado leading gains, while mining stocks faced sharp declines. Get the full market analysis and closing figures.
Aussie Woman's Chilling Encounter With Unbooked Uber Driver
An Australian woman's terrifying experience with an unbooked Uber driver in Sydney raises serious questions about ride-share safety protocols and passenger vulnerability.
Trump's £1.5bn Truth Social windfall blocked by SEC
Donald Trump faces a major financial setback as a key regulatory decision prevents him from selling his shares in Truth Social's parent company, potentially blocking access to his £1.5 billion stake.
IWG Boss Dismisses Share Price Fall as 'Machine Selling'
IWG CEO Mark Dixon remains defiant as the flexible office giant's shares hit a five-year low, dismissing the plunge as automated trading and reaffirming confidence in the company's long-term strategy and booming profits.
Australia’s tax system favours the rich – time for change
The Australian tax system has long been exploited by the ultra-rich, leaving ordinary citizens to shoulder the burden. Experts argue for urgent reforms to ensure fairness and equity.
CBA share crash: 10M Aussies face financial pain
Commonwealth Bank's CEO warns of a brutal financial blow as share prices plummet, affecting millions of Australians.
MPs' suspicious stock trades exposed
Exclusive investigation reveals how MPs and peers profit from suspicious stock trades, sparking outrage and demands for stricter regulations.
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