During week 29 of 2026 (July 13-17), Sampo Oyj bought back 968,363 of its own A-shares across multiple markets at a weighted average price of €9.53 per share. This buyback is part of a program authorized by the company's annual general meeting in April 2026, with a total budget of up to €350 million. After these transactions, Sampo holds 17,103,871 A-shares, representing 0.64% of all its shares. The buyback program aims to enhance shareholder value and optimize the company's capital structure.
The Virtus InfraCap US Preferred Stock ETF (PFFA) is recommended as a buy, especially as a defensive investment ahead of a possible recession. It offers a high yield of around 10%, benefiting from preferred stocks' seniority and sector diversificatio...
Japan's four largest life insurers reported $96 billion in unrealized losses on government bonds due to rising yields as the Bank of Japan normalizes interest rates. These losses reflect falling bond prices from years of near-zero rates but are mostl...
A US congressman has introduced a bill to create a strategic Bitcoin reserve managed by the Treasury and to eliminate capital gains tax on Bitcoin transactions. This proposal aims to support institutional adoption and allow taxpayers to pay federal t...
KT&G has introduced its ESSE cigarette brand at the duty-free shops of Istanbul Airport, one of the world's largest duty-free markets and a major global aviation hub. ESSE, a leading global super-slim cigarette brand available in over 90 countries, r...
XRP is currently near a critical liquidity zone just below the $1.00–$1.03 range, where most resting liquidity clusters in red indicate potential downward pressure. Analysts suggest XRP might drop another 10–15% to clear this liquidity, possibly test...
