Latest news with #shareholderReturn
Yahoo
2 hours ago
- Business
- Yahoo
Fondaction's share price set at $16.70
Highlights of the fiscal year ended May 31, 2025 Share value of $16.70, down $0.03 from the value established following the 6-month period ended November 30, 2024 and up $0.55 from the fiscal year ended May 31, 2024 Annual shareholder return of 3.4%, while shareholder return for the last 6-month period was -0.2% Annual compound shareholder returns: 3.4% over 1 year; 3.6% over 3 years; 5.8% over 5 years and 5.0% over 10 years, excluding tax credits Comprehensive income of $133.4M for the 6-month period Net assets reached $4.04B on May 31, 2025, up $268M or 7.1% from $3.77B as at May 31, 2024 222,451 shareholders, an increase of 1.8% compared with May 31, 2024 The carbon footprint of listed investments on the financial markets ("Other investments" category) is estimated at 20.1 tonnes CO2eq/$M invested, which is 52% less than the benchmark index as at April 30, 2025 MONTRÉAL, June 23, 2025 /CNW/ - Fondaction announces that as of today, its share value is set at $16.70. This represents an increase of $0.55 from the share value as at May 31, 2024. For the 6–month period ended May 31, 2025, shareholder return was -0.2% and shareholder return over the last 12 months was 3.4%. Share value following the 6-month period ended November 30, 2024 was $16.73. "For the first time, Fondaction's net assets have surpassed the $4 billion mark. Our community of shareholders continues to grow. Nearly a quarter of a million people have chosen to entrust us with some of their savings to help prepare for their retirement and contribute to shaping the world in which they will enjoy it. Our conviction remains unchanged, even in a more challenging economic landscape: companies that generate positive environmental and social spinoffs are most likely to deliver better financial returns in the long term. It's these companies that we aim to support through our investments," says Geneviève Morin, President and Chief Executive Officer of Fondaction. Fondaction's annual compound shareholder returns are 3.4% over 1 year, 3.6% over 3 years, 5.8% over 5 years and 5.0% over 10 years, calculated based on the variation of the share value between its value at the start of each indicated period and the value of $16.70 as at May 31, 2025. These returns do not take into account tax credits that could be granted to taxpayers when subscribing to Fondaction shares, subject to their eligibility. For the fiscal year ended May 31, 2025, the gross returns are 4.5% for development capital investments and 7.9% for other investments. The total operating expense ratio was 2.32% for the fiscal year ended May 31, 2025, compared to 2.19% for the fiscal year ended May 31, 2024. Net assets increased by 7.1% during the fiscal year to $4.04B as at May 31, 2025. On May 31, 2025, Fondaction had 225,451 shareholders, 1.8% more than on May 31, 2024. Share issuance totalled $389.2M, compared with $389.6M for the fiscal year ended May 31, 2024. Redemptions and purchases by agreement of shares totalled $254.5M, compared with $202.5M for the 2024 fiscal year. As a long-term investor, Fondaction has chosen to integrate sustainability as a key consideration in its investments. This approach explains why the carbon footprint of the "Other investments" portfolio (listed investments on the financial markets) is estimated at 20.1 tonnes CO2eq/$M invested, compared to 41.4 tonnes CO2eq/$M invested for the index selected by Fondaction, which is 52% lower than that of the securities of a benchmark portfolio as at April 30, 2025. These values are based on data available on April 30, 2025, and were calculated using the PCAF methodology, in tonnes of GHG emissions CO2 equivalent per million dollars of enterprise value. The benchmark portfolio is composed of 40% MSCI ACWI, 40% FTSE Canada Universe Bond and 20% TSX Composite. Each shareholder rate of return indicated represents the historical annual compound total rate of return including changes in share value and reinvestment of all dividends, as applicable, and does not take into account income taxes payable by any shareholder that would have reduced the return. The rate of return serves only to illustrate the effects of the historic growth rate and is not intended to reflect any future share values or the return on an investment in the shares. There are ongoing costs associated with owning shares in an investment fund. Fondaction shares are not guaranteed. They are an investment whose value and performance will fluctuate, and past performance should not be taken as an indication of future performance. Before investing, please read the prospectus at About Fondaction A forerunner for almost 30 years, Fondaction is the investment fund for individuals and companies that are mobilizing for the positive transformation of Québec's economy, making it fairer, more inclusive, greener and more performant. As a labour-sponsored fund created at the initiative of the CSN, Fondaction represents tens of thousands of savers and hundreds of companies committed to helping Québec progress. It manages more than $4B in net assets, as at May 31, 2025, invested largely in hundreds of businesses and on the financial markets, prioritizing investments that generate positive economic, social and environmental spinoffs in addition to a financial return. Fondaction helps maintain and create jobs, reduce inequalities and combat climate change. For more information, visit or our LinkedIn page. 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Yahoo
12 hours ago
- Business
- Yahoo
AppLovin (NasdaqGS:APP) Reports Robust Q1 Earnings Despite Price Dip Over Last Quarter
AppLovin reported robust Q1 earnings with sales growth and improved net income, yet it faced a 4% share price decline over the last quarter. The price move contrasts with the broader market's flat performance but can be partly attributed to the substantial goodwill impairment and the securities class action lawsuit filed against the company. Despite these challenges, the ongoing share repurchase program and strategic advancements like Chartboost's new capabilities on the MAX platform may have cushioned the impact. Meanwhile, impending board changes and M&A discussions could introduce new dynamics for the company's future trajectory. AppLovin has 3 warning signs we think you should know about. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. The recent developments surrounding AppLovin, including the goodwill impairment and class action lawsuit, may introduce uncertainties that weigh on investor sentiment. While these challenges could pressure the company's revenue and earnings forecasts in the short term, the ongoing share repurchase program and strategic investments in AI and global advertising might support long-term growth trajectories. Over a three-year period, AppLovin's total shareholder return was very large, showcasing its resilience and potential for significant value creation. Despite a recent 4% share price decline, the company's one-year performance exceeded the US Software industry's 16.8% return, indicating robust comparative growth. With a current share price of US$304.62 and analysts' price target of US$432.90, the stock remains at a substantial discount, suggesting potential for future appreciation if the company meets earnings projections. Gain insights into AppLovin's historical outcomes by reviewing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:APP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
13 hours ago
- Business
- Yahoo
AppLovin (NasdaqGS:APP) Reports Robust Q1 Earnings Despite Price Dip Over Last Quarter
AppLovin reported robust Q1 earnings with sales growth and improved net income, yet it faced a 4% share price decline over the last quarter. The price move contrasts with the broader market's flat performance but can be partly attributed to the substantial goodwill impairment and the securities class action lawsuit filed against the company. Despite these challenges, the ongoing share repurchase program and strategic advancements like Chartboost's new capabilities on the MAX platform may have cushioned the impact. Meanwhile, impending board changes and M&A discussions could introduce new dynamics for the company's future trajectory. AppLovin has 3 warning signs we think you should know about. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. The recent developments surrounding AppLovin, including the goodwill impairment and class action lawsuit, may introduce uncertainties that weigh on investor sentiment. While these challenges could pressure the company's revenue and earnings forecasts in the short term, the ongoing share repurchase program and strategic investments in AI and global advertising might support long-term growth trajectories. Over a three-year period, AppLovin's total shareholder return was very large, showcasing its resilience and potential for significant value creation. Despite a recent 4% share price decline, the company's one-year performance exceeded the US Software industry's 16.8% return, indicating robust comparative growth. With a current share price of US$304.62 and analysts' price target of US$432.90, the stock remains at a substantial discount, suggesting potential for future appreciation if the company meets earnings projections. Gain insights into AppLovin's historical outcomes by reviewing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:APP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
13 hours ago
- Business
- Yahoo
AppLovin (NasdaqGS:APP) Reports Robust Q1 Earnings Despite Price Dip Over Last Quarter
AppLovin reported robust Q1 earnings with sales growth and improved net income, yet it faced a 4% share price decline over the last quarter. The price move contrasts with the broader market's flat performance but can be partly attributed to the substantial goodwill impairment and the securities class action lawsuit filed against the company. Despite these challenges, the ongoing share repurchase program and strategic advancements like Chartboost's new capabilities on the MAX platform may have cushioned the impact. Meanwhile, impending board changes and M&A discussions could introduce new dynamics for the company's future trajectory. AppLovin has 3 warning signs we think you should know about. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. The recent developments surrounding AppLovin, including the goodwill impairment and class action lawsuit, may introduce uncertainties that weigh on investor sentiment. While these challenges could pressure the company's revenue and earnings forecasts in the short term, the ongoing share repurchase program and strategic investments in AI and global advertising might support long-term growth trajectories. Over a three-year period, AppLovin's total shareholder return was very large, showcasing its resilience and potential for significant value creation. Despite a recent 4% share price decline, the company's one-year performance exceeded the US Software industry's 16.8% return, indicating robust comparative growth. With a current share price of US$304.62 and analysts' price target of US$432.90, the stock remains at a substantial discount, suggesting potential for future appreciation if the company meets earnings projections. Gain insights into AppLovin's historical outcomes by reviewing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:APP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
5 days ago
- Business
- Yahoo
Batu Kawan Berhad's (KLSE:BKAWAN) Dividend Will Be MYR0.20
The board of Batu Kawan Berhad (KLSE:BKAWAN) has announced that it will pay a dividend on the 31st of July, with investors receiving MYR0.20 per share. This means the dividend yield will be fairly typical at 3.2%. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. Before making this announcement, Batu Kawan Berhad was paying out a fairly large proportion of earnings, and it wasn't generating positive free cash flows either. This is a pretty unsustainable practice, and could be risky if continued for the long term. If the trend of the last few years continues, EPS will grow by 3.8% over the next 12 months. If the dividend continues along recent trends, we estimate the payout ratio will be 74%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for Batu Kawan Berhad While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. The payments haven't really changed that much since 10 years ago. We're glad to see the dividend has risen, but with a limited rate of growth and fluctuations in the payments the total shareholder return may be limited. With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. Earnings have grown at around 3.8% a year for the past five years, which isn't massive but still better than seeing them shrink. Earnings are not growing quickly at all, and the company is paying out most of its profit as dividends. That's fine as far as it goes, but we're less enthusiastic as this often signals that the dividend is likely to grow slower in the future. Overall, we don't think this company makes a great dividend stock, even though the dividend wasn't cut this year. While the low payout ratio is a redeeming feature, this is offset by the minimal cash to cover the payments. We would be a touch cautious of relying on this stock primarily for the dividend income. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. To that end, Batu Kawan Berhad has 3 warning signs (and 2 which don't sit too well with us) we think you should know about. Is Batu Kawan Berhad not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio