UK shareholder meetings calendar - next 7 days
20th Dec 2023 15:55
Tremor International Ltd - California based advertising-technology company - has had its motion to repurchase USD20 million of ordinary shares approved by an Israeli court. Following the court's decision, the company's board of directors has now approved the share buyback. The price paid per share will not exceed 105% of the average middle market closing price. The repurchase will begin on Wednesday and continue until June 18 or until it has been completed. This follows two recently completed programmes in which the company repurchased approximately USD95.0 million of its shares, representing around 13% of shares outstanding. The company's directors say that it will consider launching additional future share repurchase programmes, should its shares continue to trade at what the company considers discounted valuation levels and if Tremor remains cash generative. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Tremor International Ltd - Israel-headquartered company offering an end-to-end technology advertising platform - Intends to file a motion with the Israeli court seeking approval to buy back a further USD20 million of its shares "from time to time". This is required by Israeli law, which requires court approval for share repurchase programmes based on IFRS net income thresholds, even though Tremor says it has "sufficient" cash reserves and cash flow to fund the programme. Says the buyback would be over a term beginning upon the date of a court approval of the motion and ending six months later. Expects the Israeli court to take approximately 45 to 60 days to reach a decision and will provide an update "if and when court approval is obtained". Read More
Tremor International Ltd - Israel-headquartered company offering an end-to-end technology advertising platform - Confirms that it is not currently in a sale process. Says that it continues to believe in the stand-alone prospects of the business. Read More
(Alliance News) - Stock prices in Europe were lower at midday on Thursday, after the US Federal Reserve warned that a further interest rate hike may be on the cards. Read More
(Alliance News) - Tremor International Ltd on Thursday said revenue fell as it swung to a loss in the first half of 2023. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Tremor International Ltd on Monday said it will relaunch and amalgamate several products within its portfolio under the new name Nexxen International Ltd. Read More
Tremor International Ltd - New York-based advertising technology company - Posts revenue of USD71.7 million in the three months ended on March 31, down 11% from USD80.9 million a year earlier. Says the decrease is due to "well-documented" weakness in the financial technology sector. Swings to pretax loss of USD14.4 million from a profit of USD14.6 million, as research and development expenses rise to USD13.2 million from USD6.4 million the year before. Adjusted earnings before interest, tax, depreciation and amortisation fall to USD8.9 million from USD38.7 million. Says the decrease is exacerbated by "a weak advertising environment during the first quarter". Read More
Tremor International Ltd - New York-based advertising technology company - Announces a global partnership with Scope3 which will see Scope3's carbon emission measurement methodology applied to CTV inventory. Says that through Unruly, the supply-side platform in Tremor's platform, buyers can access Green Media Product curated deals - powered by Scope3 data - across premium display, video and now, CTV, to achieve performance goals while mapping and measuring the carbon emissions of their media spend. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Tremor International Ltd confirmed on Wednesday it was in talks with Goldman Sachs as a financial adviser. Read More
(Alliance News) - Equity prices in Europe traded sharply lower in afternoon dealings on Wednesday as banking shares once again bore the brunt of a bruising stock market sell-off, with investor confidence in the sector depleting rapidly. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More