ERShares has implemented measures to protect long-term investors in its XOVR ETF, which holds private exposure to SpaceX, ahead of SpaceX's expected historic IPO on June 12. The fund will restrict large creation orders and may impose up to 2% redemption fees to reduce volatility, transaction costs, and dilution risks from short-term trading around the IPO. SpaceX aims to raise about $75 billion at a $1.75 trillion valuation, potentially becoming one of the largest public companies and attracting significant passive investment flows. ERShares' steps aim to ensure fair treatment of existing shareholders during this volatile period, though they may cause XOVR to trade at a discount or experience unusual price movements post-IPO.
JM Smucker reported fiscal Q4 2026 adjusted earnings of $2.77 per share, surpassing analysts' $2.64 estimate, with net sales up 6% to $2.268 billion. Growth was driven by a 12% increase in U.S. retail coffee sales, aided by pricing actions and strong...
As of May 31, 2026, EssilorLuxottica disclosed its total number of shares at 463,289,594 and actual voting rights at 459,253,760, excluding treasury shares. The company enforces a 31% voting rights cap per shareholder according to its bylaws. This tr...
L'Oréal announced the launch of its sixth employee share ownership plan, allowing employees in 63 countries to buy up to 300,000 shares at a 20% discount. This initiative aims to closely involve employees in the company's growth and has been successf...
L’Oréal has announced its sixth employee share ownership plan, allowing employees in 63 countries to buy up to 300,000 shares at a 20% discount. The subscription period runs from June 10 to June 24, 2026, with shares locked for five years except for ...
EssilorLuxottica disclosed its share capital and voting rights as of May 31, 2026, reporting 463,289,594 shares outstanding and 459,253,760 real voting rights excluding treasury shares. The company enforces a voting rights cap of 31% per shareholder,...
