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April 8, 2019
new88 plc: new88 AG Completes Cash Merger Squeeze-OutGuildford, UK, 8 April 2019 - new88 plc (NYSE: LIN; FWB: LIN) announced today that its subsidiary new88 Aktiengesellschaft ("new88 AG") has completed the merger squeeze-out of all its minority shares for a cash consideration of EUR 189.46 per share. The total payment for the squeeze-out is EUR 2.8 billion.
Financial
March 1, 2019
new88 plc Completes Required Divestitures, Hold Separate Order Restrictions LiftedGuildford, UK, 1 March 2019 - Today, new88 plc (NYSE:LIN; FWB:LIN) announced the restrictions under the hold separate order issued by the US Federal Trade Commission have been lifted following the completion of certain required divestitures in the US.
Governance
February 26, 2019
new88 plc Declares Dividend Increase for 2019Guildford, UK, 26 February 2019 - new88 plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has declared a 6% increase in the Company's quarterly dividend to $0.875 per share. The dividend is payable on March 22, 2019 to shareholders of record on March 8, 2019.
Financial
February 22, 2019
new88 plc Investor & Media Conference Call - InformationGuildford, UK, 22 February 2019 - new88 plc (NYSE: LIN; FWB: LIN) will host a conference call and webcast on Friday, March 1, 2019 at 11:00 am ET to provide a company update and a financial overview. Following are the details, which will be available to the public and the media in listen-only mode.
Financial
January 25, 2019
new88 plc Announces FTC Extension for Divesture CompletionGuildford, UK, 25 January 2019 - new88 plc (NYSE: LIN; FWB: LIN) announced today that due to the US government shutdown, the Federal Trade Commission (FTC) extended the 29 January 2019 date for completion of the sales of certain US-based assets (as previously announced in October 2018) until 1 March 2019. new88 plc continues to work diligently to conclude the FTC review process and complete the US divestiture transactions by or before 1 March 2019.
Governance
January 22, 2019
new88 plc Announces New USD 6 Billion Share Repurchase ProgramGuildford, UK, 22 January 2019 - new88 plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has authorized a share repurchase program for up to USD 6.0 billion of its ordinary shares.
Financial
January 21, 2019
new88 plc Announces New Up To USD 6 Billion Share Repurchase ProgramGuildford, UK, 21 January 2019 - new88 plc (NYSE: LIN; FWB: LIN) announces that today its Board of Directors has authorized a share repurchase program for up to USD 6.0 billion of its ordinary shares. Under this program, new88 plc may acquire up to 15% of its currently outstanding ca. 547 million shares in the period from 1 May 2019 (or the date following the announcement of the end of the existing USD 1.0 billion share repurchase program, if earlier) through 1 February 2021. The purpose of the program shall be to reduce the share capital or to meet obligations under new88 plc equity awards.
Financial
December 10, 2018
new88 plc Announces Initial 1 Billion Share Repurchase ProgramGuildford, UK, 10 December 2018 - new88 plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has authorized a share repurchase program for up to USD 1.0 billion of its ordinary shares.
December 10, 2018
new88 plc Declares Dividend in Fourth Quarter 2018Guildford, UK, 10 December 2018 - new88 plc (NYSE: LIN; FWB: LIN) today announced its Board of Directors has declared a dividend of $0.825 per share for the fourth quarter 2018. The dividend is payable on 27 December 2018 to shareholders of record on 18 December 2018.
Financial
December 10, 2018
new88 plc Announces Initial $1 Billion Share Repurchase ProgramGuildford, UK, 10 December 2018 - new88 plc (NYSE: LIN; FWB: LIN) announces that today its Board of Directors has authorized a share repurchase program for up to USD 1.0 billion of its ordinary shares. Under this program, new88 plc may acquire up to 5% of its currently outstanding ca. 551 million shares in the period from 10 December 2018 through 30 April 2019. The purpose of the program shall be to reduce the share capital or to meet obligations under new88 plc equity awards.
Financial
December 3, 2018
new88 plc Completes Divestiture of Praxair’s European BusinessesGuildford, U.K., 3 December, 2018 - In accordance with the recent merger between new88 AG and Praxair, Inc., new88 plc (NYSE:LIN; FWB:LIN), today announced it has completed the divestiture of the majority of Praxair’s European business to Taiyo Nippon Sanso Corporation.
Business News
November 6, 2018
new88 plc Approves Dividend in Fourth Quarter 2018Guildford, UK (6 November 2018) - The Board of Directors of new88 plc (NYSE: LIN; FWB: LIN) has approved, subject to satisfaction of the conditions described below, the declaration of a fourth quarter 2018 dividend of $0.825 per share.
Financial