Beauty Tech Group bosses cash in £6m after shares surge since London IPO
The Cheshire-based company sells brands including Currentbody Skin, ZIIP Beauty and Tria Laser, which include devices such as LED masks and laser hair removers.
Mty Food Group Inc. announced plans to repurchase shares and raise its dividend following a strategic review that identified few suitable acquisition targets. The Montreal-based company, which operates various restaurant franchises, stated it will instead focus on optimizing its brand portfolio, becoming more asset-light in franchising, and streamlining operations.
The company plans to restore its regular issuer bid process and consider substantial issuer bids, allowing shareholders to benefit from the value returned. Additionally, Mty Food Group will increase its quarterly dividend from 37 cents per share to 50 cents per share.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- MTY Food Group to buy back shares, raise dividend after strategic review winnipegfreepress.com
- MTY Food Group Inc. raises dividend by 35.1% to CAD 0.50 seekingalpha.com
