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CION Investment Extends Existing $60 Mln Share Buyback Program By One Year To August 29, 2024
(RTTNews) - CION Investment Corp. (CION) announced Thursday a one-year extension to its existing $60 million share repurchase program through August 29, 2024, under which CION will continue to support the trading of its common shares and seek to drive long-term shareholder value.
The share repurchase program authorizes CION to repurchase up to $60 million of its common shares, of which approximately $37.0 million remains available.
CION had repurchased a total of approximately 2.33 million of its common shares for an aggregate purchase price of approximately $22.0 million from the commencement of the share repurchase program on August 17, 2022 through June 30, 2023.
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Swiss Market Fails To Hold Early Gains, Settle Modestly Lower
The Switzerland market ended modestly lower on Wednesday despite spending much of the day's trading session in positive territory.
Although the market gained some ground in positive territory, reacting to news about U.S. and Chinese officials reaching a framework to implement the Geneva consensus following two days of discussions in London, the mood turned cautious later on in the session.
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1小时36分钟前
European Stocks Pare Early Gains, Close Mostly Lower
Despite U.S. and Chinese officials announcing an agreement in principle on a framework to ease trade disputes, European stocks failed to hold early gains and closed mostly lower on Wednesday, with the mood turning cautious as the plan is subject to approval by the presidents of the two nations.
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1小时55分钟前
TSX Hits Fresh Record High; Technology, Consumer Discretionary Stocks Shine
The Canadian market is modestly higher a little past noon on Wednesday, after hitting a fresh record high earlier in the session, amid easing Sino-US trade tensions, somewhat tame U.S. consumer price inflation data, and higher crude oil prices.
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3小时4分钟前
ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year
A measure, based on the collective bargaining agreements in the euro area, suggested that negotiated wage growth is set to ease significantly this year, the European Central Bank said on Wednesday, which adds to expectations of inflation staying near the 2 percent target.
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4小时52分钟前
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected
A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
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6小时3分钟前
Bay Street Seen Opening On Mixed Note
It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
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6小时50分钟前
U.S. Consumer Prices Inch Up Slightly Less Than Expected In May
A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May.
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7小时3分钟前
FTSE 100 Up Slightly As Investors Await Further News On Trade, U.S. Inflation Data
U.K.'s benchmark index FTSE 100 is roughly flat a little over an hour past noon on Wednesday with investors making cautious moves, reacting to news about U.S.-China trade talks, and some corporate updates, while awaiting the crucial inflation data from the U.S.
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7小时25分钟前
