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In light of HSBC’s robust results, the banking giant’s board approved a third interim dividend of 10 cents per share. HSBC Holdings Plc (LSE: HSBA.L), Europe’s largest bank by assets, has reported remarkable financial results for the third quarter of 2023, with its profit after tax surging to $6.26 billion. Beyond Profits:
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It was disclosed that FTX customers’ money was spent on business investments, political and charity donations, and real estate. Beleaguered cryptocurrency exchange FTX spent customer’s deposits for business investments, political contributions, charitable donations, real estate, and the buyback of shares from competitor exchange Binance. During a hearing on Wednesday at the ongoing
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Crypto exchange WOO Network is set to sever all remaining ties with bankrupt Three Arrows Capital, after reaching a settlement to buy back shares and tokens previously acquired by the crypto hedge fund.According to an Oct. 11 blog post, WOO reached a settlement agreement with Teneo — the firm tasked
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Bitfinex’s parent company, iFinex, has proposed buying back $150 million worth of the company’s shares from users who were offered them as compensation for the $71 million hack on the Bitfinex crypto exchange in 2016, according to Bloomberg.IFinex revealed its plans to buy back the shares in a shareholder letter dated
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The proposal outlines a deal that encompasses roughly 9% of iFinex’s outstanding capital and assigns a value of $1.7 billion to the company. As per the latest report, the parent firm of the Bitfinex exchange – iFinex Inc – has started exploring a $150 million share buyback, as per the letter
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Coinbase has decided to increase the buyback cap to a substantial $180 million thereby leading to a notable surge in investor participation. On Tuesday, September 5, the world’s leading crypto exchange Coinbase announced that it is topping its debt buyback from $150 million previously, to now at $180 million. Thus,
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase’s announcement on Aug. 21 disclosed that their buyback program, initiated earlier this month, has garnered slightly above $50 million in bond tenders. As a response, the exchange has increased its offering on the 3.625% Senior Notes
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Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand.In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors have tendered just over $50 million of bonds compared to a target of $150 million.
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Cryptocurrency exchange Coinbase will begin buying back up to $150 million of its 2031 senior notes for 64.5 cents on the dollar, a discount of 35.5%.According to the Aug. 7 announcement, the tender offer will last until Sept. 1, with an early premium of three cents on the dollar on
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Original investors of Parrot and PRT can expect to recover about a tenth of the value they put in. Newcomers, particularly the activist investors who pressured Parrot’s leaders for a redemption program, could make many multiples, depending on when they bought in. Source
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