Advertisement
Civitas Resources Agrees To Buyback $300 Mln Of Its Common Stock From CPPIB
(RTTNews) - Civitas Resources, Inc. (CIVI) reported on Tuesday that it has agreed to repurchase approximately 4.9 million shares of its common stock, par value $0.01 per share at a price of $61.00 per share, resulting in aggregate consideration of approximately $300 million from its largest shareholder, Canada Pension Plan Investment Board or CPPIB.
Following the Repurchase, CPPIB will remain the Company's largest shareholder and will own approximately 21% of the Common Stock.
As of December 31, 2022 and prior to the Repurchase, Civitas had approximately 85.1 million shares of Common Stock outstanding. Following the Repurchase, Civitas will have approximately 80.2 million shares of Common Stock outstanding.
read more
Additional Support Expected For Indonesia Stock Market
The Indonesia stock market has moved higher in three straight sessions, advancing almost 140 points or 2.2 percent along the way. The Jakarta Composite Index now rests just beneath the 6,750-point plateau and it may extend its gains again on Wednesday.
RTTNews
|
27 นาทีที่ผ่านมา
Japanese Market Slightly Higher
The Japanese stock market is trading slightly higher on Wednesday, extending the gains in the previous four sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving up to near the 35,900 level, with gains in exporters and financial stocks partially offset by weakness in automakers and technology stocks.
RTTNews
|
32 นาทีที่ผ่านมา
Hong Kong Shares Tipped To Open In The Green
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had jumped more than 1,000 points or 4.5 percent. The Hang Seng Index now sits just above the 22,000-point plateau and it may add to its winnings on Wednesday.
RTTNews
|
42 นาทีที่ผ่านมา
Australian Market Modestly Higher
Australian shares are trading modestly higher on Wednesday, adding to the gains in the previous four sessions, with the benchmark S&P/ASX 200 moving up to near the 8,100 level, following the broadly positive cues from Wall Street overnight, with gains financial and technology stocks partially offset by weakness in energy stocks.
RTTNews
|
55 นาทีที่ผ่านมา
China Bourse Poised To End Losing Streak
The China stock market has finished lower in three straight sessions, sliding more than a dozen points or 0.4 percent along the way. The Shanghai Composite Index now sits just beneath the 3,290-point plateau although it may stop the bleeding on Wednesday.
RTTNews
|
57 นาทีที่ผ่านมา
Taiwan Stock Market May Add To Its Winnings On Wednesday
The Taiwan stock market has finished higher in three straight trading days, gathering more than 750 points or 3.7 percent in that span. The Taiwan Stock Exchange now sits just above the 20,230-point plateau and it's tipped to open in the green again on Wednesday.
RTTNews
|
1 ชม. 27 นาทีที่ผ่านมา
Japan Retail Sales Climb 3.1% On Year In March
The value of retail sales in Japan was up 3.1 percent on year in March, the Ministry of Economy, Trade and Industry said on Wednesday - coming in at 14.063 trillion yen.
RTTNews
|
1 ชม. 41 นาทีที่ผ่านมา
Japan Industrial Output Sinks 1.1% In March
Industrial production in Japan was down a seasonally adjusted 1.1 percent on month in March, the Ministry of Economy, Trade and Industry said on Wednesday.
RTTNews
|
1 ชม. 47 นาทีที่ผ่านมา
