- Verisk Analytics Inc (NASDAQ:VRSK) has entered into accelerated share repurchase agreements (ASR) with Citibank, N.A. and Goldman Sachs & Co. LLC.
- Under the agreement, Verisk will repurchase an aggregate of $2.5 billion of its common stock.
- The ASR Agreements were entered into as part of the company’s previously announced share repurchase program.
- The ASR counterparties are expected to make an aggregate initial delivery of approximately 10.7 million shares.
- The final settlement of the transactions is expected to occur in the fourth-quarter ending Dec. 31, 2023.
- After giving effect to the ASR Agreements, $941.3 million will remain available for share repurchases under the company’s authorized share repurchase program.
- Price Action: VRSK shares are trading lower by 0.40% at $186.95 on the last check Tuesday.
Grindrod Shipping Holdings Announces Changes To Management And Board of Directors; Effective March 31, 2023, Mr. Stephen Griffiths Will Be Retiring From The Company As Interim CEO And CFO; Edward Buttery Appointed CEO And Deborah Davel As CFO
Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN) (JSE: GSH) ("Grindrod Shipping" or "Company" or "we" or "us" or "our"), a global provider of maritime transportation
