Posts

Posted on

Citigroup Declares Common Stock Dividend

Citigroup Declares Common Stock Dividend

Citigroup Declares Preferred Dividends

NEW YORK–(BUSINESS WIRE)–
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.67 per share, payable on August 28, 2026, to stockholders of record on August 3, 2026.

The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows:

– 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $31.25 for each receipt held.

– 4.150% Fixed Rate Reset Noncumulative Preferred Stock, Series Y, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $10.375 for each receipt held.

– 7.375% Fixed Rate Reset Noncumulative Preferred Stock, Series Z, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.4375 for each receipt held.

– 7.625% Fixed Rate Reset Noncumulative Preferred Stock, Series AA, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $19.0625 for each receipt held.

– 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $18.00 for each receipt held.

– 7.125% Fixed Rate Reset Noncumulative Preferred Stock, Series CC, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.8125 for each receipt held.

– 7.000% Fixed Rate Reset Noncumulative Preferred Stock, Series DD, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.50 for each receipt held.

– 6.750% Fixed Rate Reset Noncumulative Preferred Stock, Series EE, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $16.875 for each receipt held.

– 6.950% Fixed Rate Reset Noncumulative Preferred Stock, Series FF, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.375 for each receipt held.

– 6.875% Fixed Rate Reset Noncumulative Preferred Stock, Series GG, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $17.1875 for each receipt held.

– 6.625% Fixed Rate Reset Noncumulative Preferred Stock, Series HH, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $16.5625 for each receipt held.

– 6.250% Noncumulative Preferred Stock, Series II, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one one-thousandth of a full preferred share, will be paid $0.390625 for each receipt held.

– 6.500% Fixed Rate Reset Noncumulative Preferred Stock, Series JJ, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary receipts, each representing one-twenty-fifth of a full preferred share, will be paid $16.25 for each receipt held.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi

Media: Danielle Romero Apsilos [email protected]

Investors: Jennifer Landis [email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

Logo
Logo
Posted on

Brookfield Renewable Announces Intention to Simplify Corporate Structure

This news release constitutes a “designated news release” for the purposes of the prospectus supplement dated January 12, 2026 to the short form base shelf prospectus of Brookfield Renewable Corporation
and Brookfield Renewable Partners L.P.

BROOKFIELD, News, July 21, 2026 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN) (“BEP”) and Brookfield Renewable Corporation (NYSE: BEPC; TSX: BEPC) (“BEPC”, and together with BEP, “Brookfield Renewable”) today announced that it has approved plans to simplify its corporate structure (the “Simplification”) by converting BEP and BEPC into one publicly traded corporation, Brookfield Renewable Partners Inc. (“BEP Inc.”).  

“We are pleased to take this important step in the evolution of Brookfield Renewable,” said Connor Teskey, Chief Executive Officer of Brookfield Renewable. “By simplifying our corporate structure, we expect to enhance the accessibility of our securities to a broader range of investors, support increased index demand and provide a traditional corporate ownership structure. We believe this transaction will strengthen our position over the long term and create lasting value for our investors.”

Benefits of a Simplified Structure

Brookfield Renewable expects the Simplification to be tax-deferred for Canadian and U.S. investors and completed without any meaningful cost to the business, while providing securityholders with the following benefits, among others:

  • Improved consolidated trading liquidity through a single listed security;
  • Increased demand from current indices and potential additional index inclusion;
  • Stronger alignment with long-term capital allocation trends toward indexable and ETF-eligible corporate securities;
  • Simplified investor analysis, screening, and benchmarking through a single listed reporting entity;
  • Broader access to a larger pool of investors who prefer corporate structures;
  • Enhanced governance framework and voting rights for public securityholders; and
  • For BEP unitholders, elimination of onerous partnership tax reporting forms and preferential dividend tax rates for many Canadian and U.S. taxable investors.

Corporate Simplification Details

Under the terms of the Simplification, upon receipt of approval from BEP unitholders, all outstanding limited partnership units of BEP, other than preferred units, will, together with certain related exchangeable securities, be exchanged on a one-for-one basis for newly issued shares of BEP Inc.

BEPC shareholders will separately be asked to approve the Simplification, pursuant to which their class A exchangeable subordinate voting shares in BEPC (the “BEPC exchangeable shares”) will be exchanged for new shares of BEP Inc. on a one-for-one basis. If BEPC shareholders vote in favor of the Simplification, the exchange can also be completed on a tax-deferred basis. If BEPC shareholders do not approve the Simplification, the BEPC exchangeable shares will remain outstanding and become exchangeable, on a one-for-one basis, for newly issued shares of BEP Inc., rather than being exchangeable for units of BEP as they are today.

Completion of the exchange of BEP limited partnership units for shares of BEP Inc. is not conditional on BEPC shareholder approval.

Special meetings of BEP unitholders and BEPC shareholders will be held on October 14, 2026, and securityholders of record as of the close of business on August 21, 2026 will be entitled to vote at the applicable meeting. The Simplification will be implemented by way of a court-approved plan of arrangement and will be subject to customary regulatory approvals for a transaction of this nature, including approval for the listing of BEP Inc.’s shares on the New York Stock Exchange and Toronto Stock Exchange. Following securityholder approval, Brookfield Renewable expects to complete the Simplification in the fourth quarter of 2026.

There will be no change to Brookfield’s ownership of Brookfield Renewable as a result of the Simplification. BEP’s preferred units and public debt will remain outstanding and unaffected by the Simplification.

Brookfield Asset Management’s management fee and incentive distribution arrangements will continue in a manner consistent with Brookfield Renewable’s existing arrangements.

The Board of Directors of each of BEP and BEPC, based in part on the unanimous recommendations of their respective nominating and governance committees (consisting entirely of independent directors) and the fairness opinions received from Scotiabank, unanimously determined that the Simplification is in the best interests of BEP and BEPC, respectively, and have unanimously resolved to approve the Simplification and recommend that BEP unitholders and BEPC shareholders vote in favor of the Simplification.

Torys LLP is acting as legal advisor to Brookfield Renewable for the Simplification.

Scotiabank is acting as independent financial advisor and Goodmans LLP is acting as independent legal counsel to the nominating and governance committees of each of BEP and BEPC in connection with the Simplification.

Further information regarding the Simplification, including details on the votes that will be required and the other conditions for closing, will be contained in a joint management information circular of BEP and BEPC.

Copies of the joint management information circular, the arrangement agreement, the plan of arrangement and certain related documents will be filed with the applicable Canadian securities regulators and with the United States Securities and Exchange Commission and will be available on SEDAR+ at https://sedarplus.ca and on EDGAR at https://sec.gov.

About Brookfield Renewable

Brookfield Renewable operates one of the world’s largest publicly traded platforms for renewable power and sustainable solutions. Our renewable power portfolio consists of hydroelectric, wind, utility-scale solar, distributed solar and storage facilities and our sustainable solutions assets include our investment in a leading global nuclear services business and a portfolio of investments in carbon capture and storage capacity, agricultural renewable natural gas, materials recycling and eFuels manufacturing capacity, among others.

Investors can access the portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation. Further information is available at https://bep.brookfield.com.

Brookfield Renewable is the flagship listed energy company of Brookfield Asset Management, a leading global alternative asset manager headquartered in New York, with over $1 trillion of assets under management. For more information, go to https://brookfield.com.

Contact Information

Media:

Simon Maine
Director, Communications
Tel: +44 (0)7398 909 278
Email: [email protected]		 Investor Relations:

Alex Jackson
Vice President, Investor Relations
Tel: +1 (647) 484 8525
Email: [email protected]
   

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Any securities to be issued in the transaction will not be registered under the United States Securities Act of 1933, as amended (the

“U.S. Securities Act

”), or the securities laws of any state of the United States, and any securities issued in connection with the transaction are anticipated to be issued in reliance upon the exemption from the registration requirements of the U.S. Securities Act provided for by Section 3(a)(10) thereof and in accordance with applicable state securities laws.

Cautionary Statement Regarding Forward-looking Statements

This news release may contain “forward-looking information” within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws. The words “will”, “target”, “future”, “growth”, “expect”, “believe”, “may”, derivatives thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements. Forward-looking statements or information in this news release include statements with respect to the Simplification and the special meetings of the unitholders of BEP and the shareholders of BEPC.

Although Brookfield Renewable believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. The future performance and prospects of Brookfield Renewable, and the completion of the Simplification, are subject to a number of known and unknown risks and uncertainties, which could cause actual results to differ materially from those contemplated or implied by the forward-looking statements or information in this news release. Such risks and factors are described in the documents filed by Brookfield Renewable with the securities regulators in Canada and the United States including under “Risk Factors” in the most recent Annual Report on Form 20-F of BEP and in the most recent Annual Report on Form 20-F of BEPC, and other risks and factors that are described therein. Certain risks and uncertainties specific to the proposed Simplification will be further described in the joint management information circular of BEP and BEPC to be delivered to security holders in advance of the special meetings. Except as required by law, Brookfield Renewable undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

Any statements contained herein with respect to tax consequences are of a general nature only and are not intended to be, nor should they be construed to be, legal or tax advice to any person, and no representation with respect to tax consequences is made. Unitholders and shareholders are urged to consult their tax advisors with respect to their particular circumstances.



Posted on

Brookfield Infrastructure Announces Intention to Simplify Corporate Structure

This news release constitutes a “designated news release” for the purposes of the prospectus supplement dated November 19, 2025 to the short form base shelf prospectus of Brookfield Infrastructure Corporation and Brookfield Infrastructure Partners L.P. dated January 29, 2025

BROOKFIELD, News, July 21, 2026 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (“BIP”) and Brookfield Infrastructure Corporation (NYSE: BIPC; TSX: BIPC) (“BIPC”, and together with BIP, “Brookfield Infrastructure”) today announced that it has approved plans to simplify its corporate structure (the “Simplification”) by converting BIP and BIPC into one publicly traded corporation, Brookfield Infrastructure Partners Inc. (“BIP Inc.”).  

“We are proud to mark the next chapter in Brookfield Infrastructure Partners’ evolution as a public company,” said Sam Pollock, Chief Executive Officer of Brookfield Infrastructure. “The simplification is designed to broaden our investor base, support increased index demand and make Brookfield Infrastructure easier to own through a traditional corporate structure. This transaction is expected to drive long-term value for all securityholders.”

Benefits of a Simplified Structure

Brookfield Infrastructure expects the Simplification to be tax-deferred for Canadian and U.S. investors and completed without any meaningful cost to the business, while providing securityholders with the following benefits, among others:

  • Improved consolidated trading liquidity through a single listed security;
  • Increased demand from current indices and potential additional index inclusion;
  • Stronger alignment with long-term capital allocation trends toward indexable and ETF-eligible corporate securities;
  • Simplified investor analysis, screening, and benchmarking through a single listed reporting entity;
  • Broader access to a larger pool of investors who prefer corporate structures;
  • Enhanced governance framework and voting rights for public securityholders; and
  • For BIP unitholders, elimination of onerous partnership tax reporting forms and preferential dividend tax rates for many Canadian and U.S. taxable investors.

Corporate Simplification Details

Under the terms of the Simplification, upon receipt of approval from BIP unitholders, all outstanding limited partnership units of BIP, other than preferred units, will, together with certain related exchangeable securities, be exchanged on a one-for-one basis for newly issued shares of BIP Inc.

BIPC shareholders will separately be asked to approve the Simplification, pursuant to which their class A exchangeable subordinate voting shares in BIPC (the “BIPC exchangeable shares”) will be exchanged for new shares of BIP Inc. on a one-for-one basis. If BIPC shareholders vote in favor of the Simplification, the exchange can also be completed on a tax-deferred basis. If BIPC shareholders do not approve the Simplification, the BIPC exchangeable shares will remain outstanding and become exchangeable, on a one-for-one basis, for newly issued shares of BIP Inc., rather than being exchangeable for units of BIP as they are today.

Completion of the exchange of BIP limited partnership units for shares of BIP Inc. is not conditional on BIPC shareholder approval.

Special meetings of BIP unitholders and BIPC shareholders will be held on October 14, 2026, and securityholders of record as of the close of business on August 21, 2026 will be entitled to vote at the applicable meeting. The Simplification will be implemented by way of a court-approved plan of arrangement and will be subject to customary regulatory approvals for a transaction of this nature, including approval for the listing of BIP Inc.’s shares on the New York Stock Exchange and Toronto Stock Exchange. Following securityholder approval, Brookfield Infrastructure expects to complete the Simplification in the fourth quarter of 2026.

There will be no change to Brookfield’s ownership of Brookfield Infrastructure as a result of the Simplification. BIP’s preferred units and public debt will remain outstanding and unaffected by the Simplification.

Brookfield Asset Management’s management fee and incentive distribution arrangements will continue in a manner consistent with Brookfield Infrastructure’s existing arrangements.

The Board of Directors of each of BIP and BIPC, based in part on the unanimous recommendations of their respective special committees (consisting entirely of independent directors) and the fairness opinions received from Scotiabank, unanimously determined that the Simplification is in the best interests of BIP and BIPC, respectively, and have unanimously resolved to approve the Simplification and recommend that BIP unitholders and BIPC shareholders vote in favor of the Simplification.

Torys LLP is acting as legal advisor to Brookfield Infrastructure for the Simplification.

Scotiabank is acting as independent financial advisor and Goodmans LLP is acting as independent legal counsel to the special committees of each of BIP and BIPC in connection with the Simplification.

Further information regarding the Simplification, including details on the votes that will be required and the other conditions for closing, will be contained in a joint management information circular of BIP and BIPC.

Copies of the joint management information circular, the arrangement agreement, the plan of arrangement and certain related documents will be filed with the applicable Canadian securities regulators and with the United States Securities and Exchange Commission and will be available on SEDAR+ at https://sedarplus.ca and on EDGAR at https://sec.gov.

About Brookfield Infrastructure

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at https://bip.brookfield.com.

Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager, headquartered in New York with over $1 trillion of assets under management. For more information, go to https://brookfield.com.

Contact Information

Media:

John Hamlin
Director, Communications
Tel: +44 204 557 4334
Email: [email protected]		 Investor Relations:

Stephen Fukuda
Managing Director, Corporate Development & Investor Relations
Tel: +1 (416) 956 5129
Email: [email protected]
   

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. Any securities to be issued in the transaction will not be registered under the United States Securities Act of 1933, as amended (the

“U.S. Securities Act

”), or the securities laws of any state of the United States, and any securities issued in connection with the transaction are anticipated to be issued in reliance upon the exemption from the registration requirements of the U.S. Securities Act provided for by Section 3(a)(10) thereof and in accordance with applicable state securities laws.

Cautionary Statement Regarding Forward-looking Statements

This news release may contain “forward-looking information” within the meaning of Canadian securities laws and “forward-looking statements” within the meaning of applicable U.S. securities laws. The words “will”, “target”, “future”, “growth”, “expect”, “believe”, “may”, derivatives thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements. Forward-looking statements or information in this news release include statements with respect to the Simplification and the special meetings of the unitholders of BIP and the shareholders of BIPC.

Although Brookfield Infrastructure believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward-looking statements or information in this news release. The future performance and prospects of Brookfield Infrastructure, and the completion of the Simplification, are subject to a number of known and unknown risks and uncertainties, which could cause actual results to differ materially from those contemplated or implied by the forward-looking statements or information in this news release. Such risks and factors are described in the documents filed by Brookfield Infrastructure with the securities regulators in Canada and the United States including under “Risk Factors” in the most recent Annual Report on Form 20-F of BIP and in the most recent Annual Report on Form 20-F of BIPC, and other risks and factors that are described therein. Certain risks and uncertainties specific to the proposed Simplification will be further described in the joint management information circular of BIP and BIPC to be delivered to security holders in advance of the special meetings. Except as required by law, Brookfield Infrastructure undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.

Any statements contained herein with respect to tax consequences are of a general nature only and are not intended to be, nor should they be construed to be, legal or tax advice to any person, and no representation with respect to tax consequences is made. Unitholders and shareholders are urged to consult their tax advisors with respect to their particular circumstances.



Posted on

Flowco Holdings Inc. to Announce Second Quarter 2026 Results on August 11, 2026

Flowco Holdings Inc. to Announce Second Quarter 2026 Results on August 11, 2026

HOUSTON–(BUSINESS WIRE)–
Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a leading provider of production optimization, artificial lift and emissions management and monetization solutions for the oil and natural gas industry, today announced the Company will report its second quarter 2026 financial results on Tuesday, August 11, 2026 before the market opens, followed by a conference call the same day at 8:00 a.m. Eastern Time.

The conference call can be accessed live over the phone by dialing 1-877-704-4453 (for the U.S.) or 1-201-389-0920 (for International). A telephonic replay of the conference call will be available three hours after the call and can be accessed by dialing 1-844-512-2921 (for the U.S.) or 1-412-317-6671 (for International). The passcode for the call and replay is 13761962. A live webcast of the conference call will also be available under the Investor Relations section of Flowco’s website at ir.flowco-inc.com.

About Flowco

Flowco is a leading provider of production optimization, artificial lift and emissions management and monetization solutions for the oil and natural gas industry. The company’s products and services include a full range of equipment and technology solutions that enable oil and natural gas producers to efficiently and cost-effectively maximize the profitability and economic lifespan of their assets.

Investor Contact:

Andrew Leonpacher | VP of Finance, Corporate Development, and Investor Relations

[email protected]

(713) 997-4647

Media Contact:

Cheryl Brashear-White | VP of Marketing Communications

[email protected]

(405) 819-5290

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Chemicals/Plastics Energy Manufacturing Oil/Gas

MEDIA:

Logo
Logo
Posted on

ICL Announces Second Quarter 2026 Earnings Call

ICL Announces Second Quarter 2026 Earnings Call

TEL AVIV, Israel & ST. LOUIS–(BUSINESS WIRE)–ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today announced it plans to release second quarter 2026 results prior to the opening of the TASE market on Wednesday, August 5, 2026.

On that day, Elad Aharonson, president and CEO of ICL, and Asaf Alperovitz, CFO of ICL, will host a conference call to discuss results, provide a general business update and answer questions at 8:30 a.m. New York time (1:30 p.m. London and 3:30 p.m. Tel Aviv).

The dial-in number for financial analysts in North America is (833) 461-5787, or (585) 542-9983 for international analysts, and the conference ID is 895044656. Analysts can pre-register for the call by visiting https://events.q4inc.com/analyst/895044656?pwd=kzld21P6.

Employees, the media and the public are invited to listen to the call using the webcast link found at ICL Group Investors Relations – Reports News & Events. A replay will be available online within approximately 24 hours of the live event.

About ICL

ICL Group is a global leader in agriculture, food and industrial solutions and uses its unique mineral resources and extensive expertise to address key sustainability challenges related to food security and access to essential minerals. ICL is focused on driving long-term growth through its specialty agriculture and food businesses, while strategically managing its bromine, potash and phosphate mineral resources. ICL’s global professional workforce includes more than 12,000 individuals who are dedicated to expanding its growth engines and efficiently operating – both structurally and economically – while maintaining and optimizing its core operations. The company’s operations are organized under four segments: Industrial Products, Potash, Phosphate Solutions and Growing Solutions. ICL shares are dual listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL), and its 2025 revenues totaled more than $7 billion.

For more information, visit ICL’s website at icl-group.com.

Details about ICL’s sustainability practices and performance can be found in the 2025 Corporate Responsibility ESG Report.

You can also learn more about ICL on Facebook, LinkedIn, YouTube, X and Instagram.

Forward Looking Statements

This announcement contains statements that constitute “forward‑looking statements,” many of which can be identified by the use of forward‑looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “estimate,” “strive,” “forecast,” “targets” and “potential,” among others. The company is relying on the safe harbor provided in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in making such forward-looking statements.

Forward‑looking statements appear in a number of places in this announcement and include, but are not limited to, statements regarding the company’s intent, belief or current expectations. Forward‑looking statements are based on management’s beliefs and assumptions and on information currently available to management. Such statements are subject to risks and uncertainties, and the actual results may differ materially from those expressed or implied in the forward‑looking statements due to various factors, including, but not limited to:

Changes in exchange rates or prices compared to those we are currently experiencing; the effects of the ongoing security situation in Israel, including the nature and duration of related conflicts; loss or impairment of business licenses or mineral extractions permits or concessions, including our ability to win the new concession at the Dead Sea in 2030; volatility of supply and demand and the impact of competition; the difference between actual reserves and the company reserve estimates; natural disasters and cost of compliance with environmental regulatory legislative and licensing restrictions including laws and regulation related to, and physical impacts of climate change and greenhouse gas emissions; failure to “harvest” salt which could lead to accumulation of salt at the bottom of the evaporation Pond 5 in the Dead Sea; disruptions at the company’s seaport shipping facilities or regulatory restrictions affecting the company’s ability to export products overseas; general market, political or economic conditions in the countries in which the company operates, including tariffs and trade policies; price increases or shortages with respect to the company’s principal raw materials; delays in termination of engagements with contractors and/or governmental obligations; the inflow of significant amounts of water into the Dead Sea which could adversely affect production at the company plants; labor disputes, slowdowns and strikes involving the company employees; pension and health insurance liabilities; disruptions from pandemics that may impact the company sales, operations, supply chain and customers; changes to governmental incentive programs or tax benefits, creation of new fiscal or tax related legislation; and/or higher tax liabilities; changes in the company evaluations and estimates, which serve as a basis for the recognition and manner of measurement of assets and liabilities; failure to integrate or realize expected benefits from mergers and acquisitions, organizational restructuring and joint ventures; currency rate fluctuations; rising interest rates; government examinations or investigations; disruption of the company, or the company service providers, information technology systems or breaches of the company, or the company service providers, data security; failure to retain and/or recruit key personnel; inability to realize expected benefits from the company cost reduction program according to the expected timetable; inability to access capital markets on favorable terms; cyclicality of the company’s businesses; changes in demand for the company’s fertilizer products due to a decline in agricultural product prices, lack of available credit, weather conditions, government policies or other factors beyond the company control; sales of the company magnesium products being affected by various factors that are not within the company control; the company ability to secure approvals and permits from the authorities in Israel to continue the company’s phosphate mining operations in Rotem Amfert Israel; volatility or crises in the financial markets; hazards inherent to mining and chemical manufacturing; the failure to ensure the safety of the company’s workers and processes; litigation, arbitration and regulatory proceedings; exposure to third party and product liability claims; product recalls or other liability claims as a result of food safety and food-borne illness concerns; insufficiency of insurance coverage; closing of transactions, mergers and acquisitions; war or acts of terror and/or political, economic and military instability in Israel and its region; including the current state of security tension in Israel and the resulting disruptions to the company supply and production chains; filing of class actions and derivative actions against the company, its executives and Board members; the company is exposed to risks relating to its current and future activity in emerging markets; and other risk factors discussed under ”Item 3 – Key Information— D. Risk Factors” in the company’s Annual Report on Form 20-F for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (SEC) on March 11, 2026 (the Annual Report).

Forward-looking statements speak only as of the date they are made, and the company does not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence of unanticipated events. Investors are cautioned to consider these risks and uncertainties and to not place undue reliance on such information. Forward-looking statements should not be read as a guarantee of future performance or results and are subject to risks and uncertainties, and the actual results may differ materially from those expressed or implied in the forward-looking statements.

Investor and Press Contact – Global

Peggy Reilly Tharp

VP, Global Investor Relations

+1-314-983-7665

[email protected]

Investor and Press Contact – Israel

Adi Bajayo

VP, ICL Spokesperson and Israel IR

+972-3-6844459

[email protected]

KEYWORDS: New York Missouri United States North America Israel Middle East

INDUSTRY KEYWORDS: Agriculture Natural Resources Mining/Minerals

MEDIA:

Logo
Logo
Posted on

TOP Financial Group Limited Announces Full Exercise of All Outstanding Warrants Following Cashless Exercise

SINGAPORE, July 21, 2026 (GLOBE NEWSWIRE) —
TOP Financial Group Limited (NASDAQ: TOP) (“TOP” or the “Company”), an online brokerage firm specializing in local and foreign equities, futures, and options products, today announced that the outstanding warrants to purchase up to 428,862,444 Class A ordinary shares of the Company, issued in connection with its recently completed private placement, have been exercised in full on a cashless basis. The cashless exercise resulted in the cancellation of all remaining outstanding placement warrants. The Company issued an aggregate of 360,534,431 Class A ordinary shares upon exercise. As a result of the exercise, all of the outstanding warrants were canceled and are no longer outstanding. The Company did not receive any cash proceeds from the exercise.

The 360,534,431 Class A ordinary shares issued upon exercise are restricted securities. Additionally, those shares are subject to a six-month lock-up period from their issuance date, during which they may not be traded, sold, transferred, pledged, or otherwise disposed of, subject to the terms and conditions of the warrants.

After giving effect to the warrant exercise, as of the date hereof, the Company had 608,527,305 Class A ordinary shares and 10,000,000 Class B ordinary shares issued and outstanding.

About TOP Financial Group

The Company, through its operating subsidiaries, provides diversified financial services, including online brokerage platforms for local and foreign equities, futures, and options products; asset and fund management services; trading solutions; money lending services; trust services; and investor relations and public relations services.

The Company’s operating subsidiaries, Zhong Yang Securities Limited and Zhong Yang Capital Limited, are licensed by the Securities and Futures Commission of Hong Kong (the “HKSFC”) to conduct Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities), Type 5 (advising on futures contracts), and Type 9 (asset management) regulated activities in Hong Kong. TOP has completed its acquisition of TOP 500 Sec Pty Ltd, an Australian-licensed company. TOP 500 Sec Pty Ltd is expected to provide dealing services in derivatives and foreign exchange contracts, as well as financial product advice in respect of derivatives, foreign exchange contracts, debentures, stocks, and bonds. TOP has established TOP Financial Pte. Ltd. under the laws of Singapore. The Singapore subsidiary has obtained a capital markets services license from the Monetary Authority of Singapore (“MAS”) to conduct regulated dealing activities in capital markets products. The Company’s operating subsidiary, WIN100 TECH Limited, is a financial technology development and IT support company that provides trading solutions for clients trading on major derivatives and stock exchanges globally. Winrich Finance Limited was formed under the laws of Hong Kong and is a licensed money lending company regulated by the Money Lenders Ordinance. Winrich Trust Limited was formed under the laws of Hong Kong to provide trust services to clients. TOP has also completed its acquisition of Zhong Yang Financial Services Limited, a company formed under the laws of Hong Kong to provide investor relations and public relations services. This subsidiary is in the process of applying for registration as a trust or company service provider with the Companies Registry of Hong Kong. For more information, please visit http://www.zyfgl.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding the Company’s plans, objectives, goals, strategies, future events or performance, underlying assumptions, and other statements that are not historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions, the Company is making forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, including risks relating to market conditions, the Company’s financing transactions, the exercise and settlement of warrants, the Company’s ability to comply with applicable Nasdaq and SEC requirements, and other risks discussed in the “Risk Factors” sections of the Company’s filings with the SEC. For these reasons, investors should not place undue reliance on any forward-looking statements in this press release. Additional information regarding these and other risks is included in the Company’s filings with the SEC, which are available at www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

For more information, please contact:

The Company:

IR Department

Email: [email protected]

Investor Relations:

ZYIR Limited

Ms. Choy Yuen Yin Clare, Director

Email: [email protected]
Phone: +852 3107-0732



Posted on

Oil States Announces Second Quarter 2026 Earnings Conference Call

Oil States Announces Second Quarter 2026 Earnings Conference Call

Thursday, July 30, 2026, at 9:00 a.m. Central Daylight Time

HOUSTON–(BUSINESS WIRE)–
Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its second quarter 2026 earnings conference call for Thursday, July 30, 2026, at 9:00 a.m. Central Daylight Time. During the call, Oil States will discuss the results for the quarter ended June 30, 2026, which are expected to be released on Thursday, July 30, 2026, before the markets open.

This call is being webcast and can be accessed at Oil States’ website at www.ir.oilstatesintl.com. Participants may also join the conference call by dialing +1 (833) 461-5787 in the United States or by dialing +1 (585) 542-9983 internationally and using the Meeting ID of 647 603 275. A replay of the conference call will be available approximately two hours after the completion of the call by clicking on the following link: Second Quarter 2026 Earnings Conference Call Replay.

About Oil States

Oil States International, Inc. is a global provider of manufactured products and services to customers in the energy, military and industrial sectors. The Company’s manufactured products include highly engineered capital equipment and consumable products. Oil States is headquartered in Houston, Texas, with manufacturing and service facilities strategically located across the globe. Oil States is publicly traded on the New York Stock Exchange and NYSE Texas under the symbol “OIS”.

For more information on the Company, please visit Oil States International’s website at www.oilstatesintl.com.

Company Contact:

Matthew Autenrieth

Oil States International, Inc.

Executive Vice President, Chief Financial Officer and Treasurer

(713) 652-0582

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Energy Other Energy Oil/Gas

MEDIA:

Posted on

Parul Butala Named President of AMERCO Real Estate Company

Parul Butala Named President of AMERCO Real Estate Company

PHOENIX–(BUSINESS WIRE)–
Parul Butala has been promoted to president of AMERCO® Real Estate Co. (AREC), the real estate arm of U-Haul® Holding Co.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260721626162/en/

Parul Butala is the new president of AMERCO Real Estate Co., which manages real estate acquisitions and dealings for U-Haul. AMERCO Real Estate Co. operates out of the U-Haul Tower at 20 E. Thomas Road in Midtown Phoenix.

Parul Butala is the new president of AMERCO Real Estate Co., which manages real estate acquisitions and dealings for U-Haul. AMERCO Real Estate Co. operates out of the U-Haul Tower at 20 E. Thomas Road in Midtown Phoenix.

The appointment was made on July 17.

Butala has been part of the U-Haul family since 1994. She spent many years developing her skills as a staff architect for the AREC construction group. She joined the U-Haul Risk Management team for a brief stint in the early 2000s before returning to real estate.

Since 2019, Butala has served as AREC Director of Land Use and Planning.

“I am honored and grateful for the opportunity to serve as AREC President,” Butala said. “I would like to thank (U-Haul CEO) Joe Shoen for his confidence in me and for this opportunity. Over the past 30 years, I have had the privilege of learning from Joe, my colleagues, and the many talented people across our Company. Those experiences have shaped both my career and my approach to leadership.”

AMERCO Real Estate Co. was started in 1974 to manage the growing real estate portfolio and development services of U-Haul Holding Co. (then AMERCO). Today, that includes 2,431 owned-and-operated locations across all 50 states and 10 Canadian provinces. U-Haul is the third largest self-storage operator in North America with 1,136,000 rentable storage units and 99 million square feet of self-storage space.

U-Haul is in its 81st year of operations as the industry leader in do-it-yourself moving and self-storage. U-Haul International, AREC and other subsidiaries of U-Haul Holding Co. are headquartered in Phoenix, Ariz., where they support a network of more than 25,000 U-Haul rental locations serving millions of customers across the U.S. and Canada.

“My goal is to strengthen communication across our teams, better support our field operations, and continue improving the way we acquire, develop, and deliver properties,” Butala added. “I believe our greatest strength is our people. I look forward to listening, learning, and working alongside our team to foster a culture built on trust, accountability, collaboration, and continuous improvement.”

Butala holds a Master of Science in Architecture from Cal Poly San Luis Obispo and a Master of Business Administration from Arizona State University.

A resident of Chandler, Ariz., Butala has been married to Valmiki Patel, a software engineer at Intel®, for 32 years. They have two children: daughter Riya Patel, 26, who received a bachelor’s degree in chemical engineering from Vanderbilt University and is pursuing a PhD in cellular and molecular biology at the University of Washington; and son Shivan Patel, 23, who graduated from the University of California, Berkeley with a degree in electrical engineering and computer science and now works as a software engineer in the Bay Area.

Butala assumes the AREC role previously held by Matt Braccia.

About U-HAUL

Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers with more than 25,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers’ patronage has enabled the U-Haul fleet to grow to approximately 204,800 trucks, 136,600 trailers and 42,000 towing devices. U-Haul, which offers rate transparency to self-storage customers through its 1-Year Price Lock, is the third largest storage operator in North America with 1,136,000 rentable storage units and 99 million square feet of self-storage space at owned and managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play.

Jeff Lockridge

E-mail: [email protected]

Phone: 602-760-4941

Website: uhaul.com

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: REIT Public Relations/Investor Relations Communications Commercial Building & Real Estate Construction & Property

MEDIA:

Photo
Photo
Parul Butala is the new president of AMERCO Real Estate Co., which manages real estate acquisitions and dealings for U-Haul. AMERCO Real Estate Co. operates out of the U-Haul Tower at 20 E. Thomas Road in Midtown Phoenix.
Logo
Logo
Posted on

Upland Software Appoints Jennifer Simon as Chief Financial Officer

Upland Software Appoints Jennifer Simon as Chief Financial Officer

Veteran finance executive with two decades of software and private equity-backed leadership experience to join Upland effective August 17

AUSTIN, Texas–(BUSINESS WIRE)–
Upland Software, Inc. (Nasdaq: UPLD) (the “Company” or “Upland”), a provider of enterprise intelligence that turns knowledge, content, and data into actionable AI-powered outcomes, today announced the appointment of Jennifer Simon, CPA, as Chief Financial Officer, effective August 17, 2026. Jennifer will lead Upland’s global finance organization, reporting to President and Chief Executive Officer Sean Nathaniel.

Jennifer brings more than 20 years of finance leadership across software, technology, and private equity-backed environments. She joins Upland from NextGen Healthcare, where she served as Senior Vice President of Finance. Immediately prior, she spent more than three years at Quest Software, a $1 billion private equity-backed global software company much like Upland, rising from Vice President of Finance to Interim CFO. There she drove $120 million in cost savings, built the company’s ARR and SaaS metrics reporting, led diligence across multiple M&A processes, and executed a debt restructuring. She also previously served as Chief Financial Officer of Community Impact Newspaper, where she helped scale the company from 20 to 41 markets. She is a Certified Public Accountant with a Master’s in Professional Accounting from the University of Texas at Austin.

In the role, Jennifer will oversee financial planning and analysis, accounting, treasury, tax, and investor relations, working closely with Upland’s leadership team to strengthen financial and operating discipline, support effective capital allocation and investment decisions, and advance the Company’s strategic priorities. Jennifer’s appointment comes as Upland sharpens its strategic focus to its core intelligence domains of knowledge, content, and data, prioritizing disciplined capital allocation as the Company invests in AI-driven product innovation and strengthens its balance sheet.

“Since becoming CEO, my focus has been on sharpening our strategy, simplifying how we operate, and strengthening our leadership team,” said Sean Nathaniel, President and Chief Executive Officer of Upland Software. “Jennifer’s appointment marks an important milestone in that work. She brings significant software transformation experience, financial discipline, and a strong operating perspective. I look forward to partnering with her as we build a more focused and agile organization, thoughtfully apply AI across our products and operations, and strengthen business performance.”

“I am excited to join Upland at an important point in its transformation,” said Jennifer Simon. “Upland has strong customer relationships, a portfolio of mission-critical products, and meaningful opportunities ahead. I look forward to partnering with Sean and the leadership team to strengthen execution and create long-term value for our customers and shareholders.”

Jennifer succeeds Mike Hill, one of Upland’s founding team members, who will retire from his role as Chief Financial Officer following an illustrious career with the Company. Prior to his departure, Mike has partnered closely with CEO Sean Nathaniel to support his transition into the CEO role.

About Upland Software

Upland Software (Nasdaq: UPLD) provides an intelligence layer that unifies and contextualizes enterprise knowledge, content, and data, turning isolated information into actionable outcomes for every human and agent. More than 1,100 enterprise customers rely on Upland’s deep domain expertise to drive measurable, value-add outcomes, unlocking the full potential of AI as their organizations evolve. For more information, visit www.uplandsoftware.com.

Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause actual results to differ materially from those anticipated. For additional information, please refer to Upland’s filings with the Securities and Exchange Commission.

Investor Relations Contact:

Michael D. Hill

512-960-1031

[email protected]

Media Contact:

Lloyd Berry

512-960-1010

[email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Software Technology Artificial Intelligence

MEDIA:

Logo
Logo
Posted on

Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

Northern Trust Declares Quarterly Dividends on Common and Preferred Stock

CHICAGO–(BUSINESS WIRE)–
Northern Trust Corporation (Nasdaq: NTRS), holding company of The Northern Trust Company, has declared an increase in its quarterly cash dividend to $0.88 per share on its common stock ($1.66-2/3 par value), payable on October 1, 2026, to holders of record at 5:00 p.m., Chicago time, on September 4, 2026.

Northern Trust Corporation also declared cash dividends of $2,300 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of $23.00 per depositary share), and $293.75 per share of its Series E non-cumulative perpetual preferred stock (resulting in a distribution of $0.29375 per depository share), each payable on October 1, 2026, to holders of record at 5:00 p.m., Chicago time, on September 15, 2026.

“We are pleased to announce an increase in our quarterly dividend, reflecting the strength of Northern Trust’s capital position and our commitment to shareholders,” Chairman and Chief Executive Officer Michael O’Grady said.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking services to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 24 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2026, Northern Trust had assets under custody/administration of US$18.6 trillion, and assets under management of US$1.8 trillion. For more than 135 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit us on northerntrust.com. Follow us on Instagram @northerntrustcompany or Northern Trust on LinkedIn.

Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/terms-and-conditions.

Media Contact:

John O’Connell

Northern Trust

+1 312 444 2388

John_O’[email protected]

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Finance Banking Professional Services Other Professional Services Asset Management

MEDIA:

Logo
Logo