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
U.S. Consumer Confidence Slumps More Than Expected In April
Largely reflecting a significant deterioration by consumer expectations, the Conference Board released a report on Tuesday showing its U.S. consumer confidence index slumped by more than expected in the month of April. The Conference Board said its consumer confidence index plunged to 86.0 in April from an upwardly revised 93.9 in March.
RTTNews
|
vor 22 Minuten
U.S. Job Openings Decrease More Than Expected In March
The Labor Department released a report on Tuesday showing job openings in the U.S. fell by more than expected in the month of March.
RTTNews
|
vor 34 Minuten
Bay Street May Open Slightly Higher
Higher Canadian futures point to a slightly positive start on Bay Street Tuesday morning. The victory of Mark Carney in the Canadian general election and easing concerns about U.S. tariffs may also support the market. However, weak crude oil and gold prices may weigh on sentiment and limit market's upside.
RTTNews
|
vor 2Std 9 Minuten
Eurozone Economic Sentiment At 4-Month Low
Euro area economic confidence weakened more than expected to a four-month low in April largely due to the trade tariff threats, survey data from the European Commission showed on Tuesday. The economic sentiment index declined to 93.6 in April from 95.0 in the previous month. The score was forecast to fall to 94.5.
RTTNews
|
vor 2Std 50 Minuten
FTSE 100 Modestly Higher, Extends Gains To 12th Straight Session
The UK market is up in positive territory in early afternoon trades on Tuesday, extending gains to a 12th straight session. Easing concerns about U.S. tariffs contribute to the positive sentiment in the market. Investors are also digesting a slew of quarterly earnings announcements.
RTTNews
|
vor 2Std 51 Minuten
CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%
French stocks are mostly subdued on Tuesday with investors making cautious moves while awaiting some key corporate earnings updates this week.
The market climbed higher earlier in the session as reports emerged that the U.S. would move to reduce the impact of duties imposed on foreign parts in domestically manufactured cars.
RTTNews
|
vor 3Std 20 Minuten
DAX Rises Again As Strong Results, Easing Tariff Concerns Lift Sentiment
German stocks are up firmly in positive territory on Tuesday with investors reacting to a slew of corporate earnings announcements. Easing concerns about U.S. tariffs, and data showing an improvement in German consumer sentiment contribute as well to the positive sentiment in the market.
RTTNews
|
vor 4Std 14 Minuten
Sensex, Nifty End Marginally Higher In Cautious Trade
Indian shares fluctuated before ending little changed on Tuesday as tensions between India and Pakistan threatened to spiral into open armed conflict.
RTTNews
|
vor 4Std 24 Minuten
