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Known as the "corporate raider" for his activities in the 1980s, Icahn invests in underperforming companies that trade at attractive valuations and takes an active role in reshaping the business to unlock more value for shareholders. From 2014 through 2023, the investing component of Icahn Enterprises has lost $9.2
AGNC Investment (NASDAQ: AGNC) is offering shareholders a nearly 14% dividend yield. In the case of AGNC, it owns mortgages that have been pooled together into tradable securities often called something like a collateralized mortgage obligation (CMO). At the end of 2014, the book value per share was $25.74.
We have a packed agenda lined up for the next three days, and we're excited to see our customers, partners, analysts, shareholders, and employees, all in person to share our passion for BI, AI, bitcoin, and innovation. billion in equity in a manner that we believe to be creative to existing shareholders. Equity issuances.
Axel Springer SE will remain as a minority co-shareholder in the classified businesses, with an approximate 10% ownership stake. We will contribute approximately US$1 billion and will become a significant minority shareholder in the post-merger company. The partnership with Longfor was first established in 2014.
We're looking very closely at resource allocation, and we'll continue to prioritize what's in the best interest of our shareholders. Excluding the impacts of AOCI, adjusted tangible book value per share is $48, up more than two times from 2014. You clearly pay attention to the vintages, roll rates, collateral values.
In conjunction with this acquisition, funds affiliated with existing majority shareholder Hellman & Friedman (“H&F”) will make a meaningful incremental equity investment in AutoScout24. The company is comprised of AutoTrader.ca , AutoHebdo.net , LesPac.com, AutoSync , Dealertrack and Collateral Management Solutions.
We also returned nearly $100 million to shareholders by buying back 6.5 And, our diluted share count has gone from $585 million to $514 million down by 12% to the benefit of our shareholders. With the assets of FPT now included as part of the collateral, we rightsized our ABL from $4.5 billion to just $750 million down by 80%.
The incremental ATM capacity will allow us to benefit from institutional demand for Bitcoin exposure, and will allow us to opportunistically raise capital to continue and creating value for our shareholders. I was granted a stock option in 2014 with respect to 400,000 shares, which is going to expire next April if I don't exercise it by then.
In 2023, we generated almost $2 billion of net cash from operating activities, which included $500 million return of cash collateral. From 2014 to 2019, we successfully delevered by over three turns. Moving on to our balance sheet and debt maturity profile on Slide 14. And we repaid $1.9 Moving to leverage on Slide 15.
During the quarter, we received approximately $500 million of cash collateral back from a credit card processor. This collateral release not only provided a meaningful increase to liquidity but was also a very strong signal that our external partners have increased confidence in our financial position and future outlook.
It's clear to me that we are well positioned to continue creating long-term shareholder value. In conjunction with the transaction, we issued $330 million of credit linked notes, with a coupon just over 7% that is partially offset by our investment income on a corresponding cash collateral account.
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