Mitie Group launches £50M share buyback programme | Proactive posted on the topic | LinkedIn (2025)

#LSE #ASHM Blue-chip index 31points lower at 7,964Inchcape exits UK retail opsGold falls from ATH9.52am: Mitie launches £50mln buyback programmeFTSE 250-listed outsourcer Mitie Group PLC (LSE:MTO) has launched a £50 million share buyback programme after posting record annual revenues of £4.5 billion.Operating profit for the year tallied around £200 million, representing a 4.5% margin.Net debt, however, nearly doubled as the group dedicated £65 million to seven bolt-on acquisitions in the period.Mitie strengthened its position in the fire and security market through the acquisitions of RHI Industrials and GBE Converge and enhanced its mechanical and electric presence through the acquisition of JCA Engineering.The group has commenced the buyback immediately, with portion of the repurchased shares going to an employee sharesave scheme.Mitie shares rocketed 7.5% higher to 120p in early trades.9.39am:... More at #Proactive #ProactiveInvestors http://ow.ly/CJlR105pv9j

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Investcorp, a global investment firm known for its strategic acquisitions, has announced a significant move in the Indian market. The firm has finalized a deal to acquire the digital services arm of the National Stock Exchange (NSE) for a staggering INR 1,000 crore. This acquisition marks a pivotal moment for both Investcorp and NSE, signaling new opportunities and advancements in the digital landscape of India's financial sector.Read More :- https://lnkd.in/gJS9d6yv#InvestcorpIndia #NSEAcquisition #DigitalServicesArm #StrategicMove #FinancialSector #DigitalTransformation #InvestmentOpportunities #IndiaFinance #GlobalInvestment #MarketExpansion

The electric vehicle rental industry is experiencing rapid growth, projected to reach US$20.4 billion by 2027 from US$9.1 billion in 2021, with a CAGR of 14.4%. This growth is driven by the increasing use of electric vehicles and a growing focus on sustainability among fleet managers. Additionally, the integration of artificial intelligence by 2024 and the trend towards mobility as a service are changing fleet management and attracting new participants from the technology and telecommunications sectors, reshaping the competitive landscape.For business leaders, M&A professionals, and anyone interested in these trends, this report provides an essential overview of current developments. It highlights the surge in global transactions and the valuation of leading companies in the sector, such as Avis Budget Group, Hertz, U-Haul, and Ryder System, Inc.. The variation in the size of the M&A market, showing a significant increase in transaction value over the years, underscores the importance of adapting to market changes.If you'd like to receive this quarterly report and/or our monthly and sectoral reports, subscribe at https://lnkd.in/gmxEs6E4.#FleetLeasing #ElectricVehicles #Market #MnA #Investment #IndustryTrends #BusinessStrategy #MergersAndAcquisitions #QuarterlyReport #Mergers #Acquisitions

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Mark S Peek, Director of Trimble Inc. (TRMB), bought 10,000 shares at $46.59 for a total of $465,864.Opinion: I think I'd sit this one out for a while after the confusing $2B JV arrangement with Agco. Jana Partners has taken a position and is urging the company to avoid more large acquisitions and focus on organic growth instead. Good advice for any company, I suppose.$STOCK $TRMBhttps://lnkd.in/gK94VqtX

Singtel supported the merger of Intouch Holdings and GULF, Intouch's largest shareholder, on Tuesday, creating Southeast Asia's top digital and energy infrastructure company. In a statement, Singtel claimed this group restructure will simplify its #investment in Thai affiliate AIS by removing Intouch as the intermediary holding company. Listed on the Thai stock exchange, Singtel, GULF, and Intouchholdings 24.99 percent, 47.37 percent, and 40.44 percent of AIS, respectively. Singtel will receive a 9% interest in NewCo, which is expected to become Thailand's largest and most liquid listed company, in exchange for its Intouch investment. The merger will also net Singtel S$400 million. Singtel will examine its NewCo investment after the sale as it continues to develop in #Thailand and manage capital to produce shareholder value under its Singtel28 strategy.“For some years now, Singtel and GULF, as major shareholders of Intouch, have been working to streamline the diversified holding structure of Intouch,“We believe it is in the best interests of #stakeholders to simplify AIS’ shareholding structure and are supportive of this move,” said Arthur Lang 蓝道义, Singtel’s Group Chief Financial Officer.Singtel will buy all other AIS public float shares at THB 216.3 ($5.97) per share in a conditional voluntary tender offer with GULF, Intouch, and GULF's key stakeholder Sarath Ratanavadi. Singtel will receive the first 5% of AIS shares tendered in acceptance of this offer and no more than 10%. Singtel believes AIS is well-positioned to gain from these tailwinds after acquiring 3BB, which enhanced its fixed mobile convergence plan. Subject to regulatory approvals, shareholder approval from Intouch and GULF, and merger agreement conditions precedent, the #acquisition is scheduled to close in the second quarter of 2025.To share your startup story write us on - contact@startuprise.org#Stakeholders #Investment #Singtel #Gulf #Merger

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Inpixon (NASDAQ: INPX) Stock Soars Amid Anticipation of XTI Aircraft Merger Closurehttps://lnkd.in/dH4qsagj#NASDAQ #stockmarket #stockmarketnews #BusinessNews #news #NewsAlert

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Carson Proxy has been retained by Exro Technologies Inc. for the upcoming special meeting of its shareholders to be held on Thursday, April 4, 2024. This business combination is expected to strengthen Exro's technology offerings while accelerating revenue growth and Exro's path to profitability. Following completion of the Transaction, the combined company (the "Combined Company") will continue to operate under the name Exro Technologies Inc. and trade on the Toronto Stock Exchange (the "TSX") under the ticker symbol "EXRO"."We are pleased to announce the merger between Exro and SEA Electric, which unites our complementary EV technology platforms and unlocks substantial opportunities for growth and path to profitability. Our merger with SEA not only creates significant revenue and cost synergies, but positions Exro to amplify its growth with new partners while continuing to develop our existing relationships. Having come to know SEA and its management team from doing business with them over the past several years, I have great confidence that this acquisition will bolster our competitive positioning in the EV technology space while providing significant value potential for our shareholders", commented Sue Ozdemir, Chief Executive Officer of Exro.More information is available at https://www.exroandsea.com.Carson Proxy Advisors#newcampaignalert #clientnews #carsonproxy #shareholders #agm #vote #informationagent #activism #specialmeeting #corporategovernance #proxysolicitation #investorintelligence #retail #policy #directors

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Aditya Birla Capital and Aditya Birla Finance will combine.Aditya Birla Capital and Aditya Birla Finance are going to merge. The plan to merge Aditya Birla Finance, the company's fully owned subsidiary, with Aditya Birla Capital has been authorized by the board, as per a Monday exchange filing. The merger is contingent upon the NCLT's permission as well as the necessary clearances from the RBI, SEBI, and other shareholders...➡️Follow Zoof Software Solutions for more information➡️Feel free to ask any query at info@zoof.co.in➡️For more detail, visit: https://zoof.co.in/👉Feel free to ask any query at info@zoof.co.in...#AdityaBirla #Merger #Finance #Capital #NCLT #RBI #SEBI #Shareholders #Integration #BusinessNews #FinancialServices #CorporateNews #trendingnews #Bharatnews #TodayNews #updatednews #ZoofUnitedStates #SoftwareCompany #StartUpTechnology #mobilefriendlywebsite #Resourceoutsourcing #TechnologyConsulting #WebsiteDevelopment #SoftwareConsultant #ZoofSoftwareSolutions #zoof #zoofinc #MobileAppDevelopment #AwardWinningCompany

publishes the fleet leasing report for Q1 2024.The electric vehicle rental industry is experiencing rapid growth, projected to reach US$20.4 billion by 2027 from US$9.1 billion in 2021, with a CAGR of 14.4%. This growth is driven by the increasing use of electric vehicles and a growing focus on sustainability among fleet managers. Additionally, the integration of artificial intelligence by 2024 and the trend towards mobility as a service are changing fleet management and attracting new participants from the technology and telecommunications sectors, reshaping the competitive landscape.For business leaders, M&A professionals, and anyone interested in these trends, this report provides an essential overview of current developments. It highlights the surge in global transactions and the valuation of leading companies in the sector, such as Avis Budget Group, Hertz, U-Haul, and Ryder System, Inc.. The variation in the size of the M&A market, showing a significant increase in transaction value over the years, underscores the importance of adapting to market changes.If you'd like to receive this quarterly report and/or our monthly and sectoral reports, subscribe at https://lnkd.in/gmxEs6E4.#FleetLeasing #ElectricVehicles #Market #MnA #Investment #IndustryTrends #BusinessStrategy #MergersAndAcquisitions #QuarterlyReport #Mergers #Acquisitions

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We have already assessed some risk rating notes on Terus Consultoria clients issued by S&P, Moody's, and Fitch Ratings and presented our interpretations as part of strategic work for clients.In recent days, S&P has upgraded the rating of Grupo Soma to "Positive Outlook," which contributes to market sensitivity regarding potential improvements stemming from the merger with Arezzo.In a world where access to corporate information is increasingly abundant, we understand that the investor market, investment funds, banks, financial creditors, and suppliers have more tools for more precise internal analyses.While we recognize the weight and importance of risk rating agencies, the market tends to "validate" views through its own analyses, which we believe is positive."Terus, intelligence, advisory, concrete cases, and decisive actions!"Contact Terus right away: contato@terusconsultoria.com.br / (11) 2503-6747 / Corporate WhatsApp (11) 91567-0560.#terusconsulting #terusconsultoria #mergersandacquisitions #mergers #corporategovernance #boardofdirectors #turnaround #restructuring #distressedcompanies #advisory #corporatefinance #growth #business #businesssolutions #corporatesolutions #funding #valuation #PPA #impairment #businesstransformation #brazil #doingbusinessinbrazil #businessinbrazil #consultinginbrazil #advisoryinbrazil

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