The Motley Fool

AUGUST 27, 2024

Our press release and the shareholder letter were issued earlier today and are posted on the Investor Relations section of our website. A reconciliation of GAAP non-GAAP results other than with respect to our non-GAAP financial outlook is provided in today's press release and in our shareholder letter. These are our guiding principles.

Shareholders 130

Shareholders Best Practices Liabilities Accounting 130

The Motley Fool

AUGUST 3, 2023

billion to shareholders in the second quarter. We continue to progress our strategic initiatives across the portfolio, and we expect to return $11 billion to shareholders this year. It supports our investments in these mid- and longer-cycle projects in our shareholder distribution commitments. billion to $11.2 This was via $1.3

Taxes 100

Taxes Assets Capital Banks 100

The Motley Fool

AUGUST 2, 2023

billion to shareholders through share repurchases and dividends. We remain committed to operating excellence and continue to focus on our strategic priorities to create value and return cash to shareholders. billion to shareholders through share repurchases and dividends. billion to shareholders through $1.3

Taxes 100

Taxes Capital Shareholders Assets 100

Pension Pulse

APRIL 10, 2024

CDPQ is one of the only investors in the world to have made a commitment to encourage tax best practices at its portfolio companies, including compliance with a minimum tax rate of at least 15%, as recommended by the OECD and supported by the G20. Governance CDPQ employs solid governance practices.

Pension Funds 59

Pension Funds Investing Best Practices Assets 59

The Motley Fool

OCTOBER 23, 2024

In summary, we produced a very solid quarter with pre-tax operating income of $246 million and operating ROTCE of 16.8%, which is at the upper end of our guidance. million customers and generated $305 million in pre-tax servicing income, thanks to continued strong operating leverage. and liquidity at a record high of $4.1

Taxes 130

Taxes Leveraging Capital Amortization 130

The Motley Fool

JUNE 25, 2024

As a part of this work, our management team and the board of directors, along with outside advisors, are conducting an assessment of the role of FedEx Freight in our portfolio structure and potential steps to further unlock sustainable shareholder value. domestic air network costs. prior to mark-to-market retirement plan adjustments.

Capital 246

Capital Leveraging Portfolios Assets 246

The Motley Fool

JULY 26, 2024

And it's been great to meet everyone and really experience the energy and the enthusiasm of Aon, and the commitment to deliver on our plans, which is most exciting for me is seeing firsthand the investment in the corresponding growth opportunity for our clients, colleagues and shareholders as we deliver on a 3x3 plan over 2024, '25, and '26.

Capital 130

Capital Taxes Finance Financing 130

The Motley Fool

FEBRUARY 13, 2025

This overall sales performance drove adjusted EBITDA and free cash flow growth, and we returned over $280 million to shareholders through dividends and share repurchases. These two areas of focus will drive long-term value for the company, franchisees and our shareholders. Ken will share more details shortly. This resulted in $50.5

Leveraging 130

Leveraging Shareholders Debt Capital 130

The Motley Fool

AUGUST 2, 2023

The ex special tax rate for the quarter was 18%. As a reminder, our strategy is to enable growth while maximizing shareholder value. We continue to evaluate the best use of our excess capital. And at current interest rates, we believe funding our upcoming debt maturity before share repurchases best optimizes shareholder value.

Leveraging 188

Leveraging Capital Shareholders Debt 188

The Motley Fool

JULY 30, 2024

Since July 2022, we've returned over $11 billion to shareholders through share repurchases and dividends. We are committed to returning over 50% of our operating cash flows to shareholders. I want to recognize our employees for their hard work and dedication to driving value creation for shareholders. billion to shareholders.

Assets 130

Assets Shareholders Capital Leveraging 130

The Motley Fool

NOVEMBER 1, 2023

We're very pleased to report another solid quarter in fiscal 2024 with adjusted results above expectations, demonstrating our ability to consistently execute against company priorities and create sustained value for our shareholders. We recorded a pre-tax GAAP provision for bad debt of $210 million or $155 million after tax within the U.S.

Taxes 100

Taxes Banks Leveraging Assets 100

The Motley Fool

NOVEMBER 6, 2024

This phenomenal performance enabled us to generate $786 million of free cash flow in the third quarter and return $431 million of it back to shareholders. We leaned in heavier on our share repurchase program, and we continue to think reinvesting in our company at today's prices is the right thing to do for shareholders.

Debt 130

Debt Assets Shareholders Capital 130

The Motley Fool

NOVEMBER 1, 2024

This quarter, Chevron delivered strong financial and operational results, returned record cash to shareholders, and achieved project milestones that are expected to deliver production and cash flow growth over the coming years. Proceeds from asset sales are expected to be about $8 billion before taxes in the quarter. Thanks, Jake.

Assets 130

Assets Shareholders Mergers and Acquisitions Debt 130

Zajac Group

FEBRUARY 7, 2023

Even if you’re familiar with the concept of a 10b5-1 plan, you may benefit from some of our best-practice insights. Continued access to MNPI can leave you with scant opportunities to exercise or trade on your equity compensation, without putting yourself, your company, or your fellow shareholders at risk. Enter the 10b5-1 plan.

Securities and Exchange Commission (SEC) 52

Securities and Exchange Commission (SEC) Liabilities Best Practices Education 52

The Motley Fool

MAY 1, 2024

And as you know, our long-term goal, assuming our debt-to-EBITDA ratio is below 3 times, remains to return approximately 50% of our free cash flow to shareholders via share repurchases while also taking into consideration the interest rate environment and strategic opportunities. Ken Wong -- Oppenheimer and Company -- Analyst All right.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Leveraging Banks 130

The Motley Fool

AUGUST 8, 2024

Our midstream business significantly outperformed in the second quarter with an adjusted pre-tax income more than $180 million higher than the guidance midpoint. A sustainable and growing dividend is the foundation of our shareholder return priorities. Now looking ahead to the second half of 2024. billion to $7 billion.

Assets 130

Assets Debt Capital Portfolios 130

The Motley Fool

AUGUST 20, 2023

First, we expect our non-GAAP tax rate to remain at 22% for the first quarter and fiscal year 2024, subject to the outcome of future tax legislation. We also expect cash taxes in the range of $230 million to $280 million. This is an increase as compared to the $150 million in cash taxes in fiscal year 2023.

Leveraging 130

Leveraging Banks Taxes Capital 130

The Motley Fool

AUGUST 2, 2024

billion to shareholders, of which $4.3 With the close of the Pioneer transaction, our shareholders now include the former owners of Pioneer stock, who've begun to benefit from the strength of our combined companies. billion was in dividends. I look forward to sharing more about our growth opportunities in December.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraging Assets Portfolios 130

The Motley Fool

FEBRUARY 9, 2024

This robust growth has allowed us to return significant capital to our shareholders. Since our listing in May of 2021, total return for our shareholders has been over 60%. I'd like to end with a couple of comments on tax rates and FRE margins to set the stage for 2024 and beyond. per quarter.

Capital 130

Capital Stakes Securities and Exchange Commission (SEC) Management Fees 130

The Motley Fool

JULY 24, 2024

I want to thank our clients, employees, carriers, sales partners, and shareholders for their tremendous support on our continued journey. Because we have managed our company conservatively, our strong balance sheet gives us multiple options to enhance shareholder value. With that, let me turn the call over to Mark Jones, Jr.,

Capital 130

Capital Shareholders Companies Best Practices 130

The Motley Fool

MAY 14, 2024

Executing on our commitment to return excess capital to shareholders, we stepped up our buyback plan and are on track to repurchase over 100 billion Hong Kong dollars of our shares in 2024, as well as paying an increased dividend, while investing in AI technology, platform enhancements, and high production value content.

Accounting 130

Accounting Business Services Portfolios Shareholders 130

The Motley Fool

AUGUST 4, 2023

After the video presentation, Michael and Stasy will give their prepared remarks followed by analyst Q&A, then we will conclude with questions from our shareholders. I will now hand the call back over to Dhillon for shareholder questions. And how will you create value for shareholders? Please begin the video presentation.

Capital 130

Capital Shareholders Banks Finance 130

The Motley Fool

FEBRUARY 13, 2024

This allows us to reinvest in our business, meaningfully improve our cash flows, and return cash to our shareholders, which we are committed to continuing through our category-leading dividend. Since I became CEO in 2022, Hasbro's returned almost $1 billion to shareholders and paid down over $0.5 billion in debt. Linda Weiser -- D.A.

Debt 130

Debt Capital Leveraging Banks 130

The Motley Fool

MAY 1, 2024

As a result, we've been able to achieve outstanding growth and create significant shareholder value under traditional MLA agreements, while also developing innovative structures such as the comprehensive MLA. We will continue to keep our shareholders informed as incremental progress is made toward the closing of our transaction.

Assets 130

Assets Leveraging Capital Debt 130

The Motley Fool

FEBRUARY 26, 2024

in the third quarter, attributable to the increase of income from operations and the recognition of noncash tax benefit for the release of valuation allowance on certain deferred tax assets. And diluted net earnings per ADS attributable to ordinary shareholders was RMB 5.32, or $0.75 in the same period last year and 6.7%

Banks 130

Banks Capital Taxes Best Practices 130

The Motley Fool

JULY 12, 2024

They should not be confused with the common dividends Citigroup pays to its shareholders. Indeed, there is no restriction on Citigroup's ability to pay common dividends to shareholders, nor is there a restriction to buying back shares. And how can you resolve the regulatory concerns while continuing or serving shareholders better?

Banks 130

Banks Capital Leveraging Assets 130

The Motley Fool

AUGUST 21, 2024

I'm excited about all of the long-term growth opportunities we have in front of us as we work together to deliver more for our guests, for our team and for our shareholders. Regarding the second priority, we returned $509 million to shareholders in the form of dividends in Q2, representing growth of about $10 million over last year.

Leveraging 130

Leveraging Taxes Capital Returns 130

The Motley Fool

NOVEMBER 8, 2024

I am very proud of our teams, product capabilities, and our ability to prioritize investments to further optimize our cost structure and deliver more value to our clients, their payers, and to our shareholders. Q3 includes an income tax benefit of approximately 8.3 To close out the income statement. In Q3, GAAP net income was 38.9

Education 130

Education Banks Shareholders Capital 130

The Motley Fool

AUGUST 9, 2024

Lastly, for cash flow modeling purposes, on a go-forward basis, we are projecting annualized cash interest payments of 300 million to 310 million and annualized cash tax payments of 140 million to 150 million before further tax planning efforts. With that, I'd like to turn the call over to Richard. Second, the benefits of scale.

Portfolios 130

Portfolios Capital Leveraging Assets 130

The Motley Fool

AUGUST 8, 2024

Lastly, for cash flow modeling purposes, on a go-forward basis, we are projecting annualized cash interest payments of 300 million to 310 million and annualized cash tax payments of 140 million to 150 million before further tax planning efforts. With that, I'd like to turn the call over to Richard. Second, the benefits of scale.

Portfolios 130

Portfolios Capital Leveraging Assets 130

The Motley Fool

FEBRUARY 28, 2024

The Okta Secure Identity commitment extends even further to champion customer best practices that enable our customers to be highly protected and elevate our industry to be more secure from identity attacks. million shares compared to our prior tax withholding method. million shares compared to our prior tax withholding method.

Accounting 130

Accounting Taxes Best Practices Companies 130

The Motley Fool

FEBRUARY 8, 2024

In today's global economy where scale and speed matter, shared services are often the best way to pool our resources and promote best practices. The net after-tax charge is estimated to be $105 million. As we look ahead and as Robert said, Q2 is off to a solid start.

Leveraging 130

Leveraging Banks Taxes Debt 130

The Motley Fool

JULY 31, 2024

million year-over-year in spite of a 44% increase of operating income due to an unfavorable higher tax rate on ongoing operations. million of share during the quarter, demonstrating our commitment to shareholder return. So that's probably -- and I'm still by far the single largest shareholder. million in 2024 compared to $9.4

Education 130

Education Leveraging Accounting Legal 130

The Motley Fool

JULY 30, 2024

Before I close, I would like to confirm that Elliott Management is a shareholder in our company, and our conversations to date have been constructive. Additionally, our higher effective tax rate had a $0.03 We believe this is a great investment and accretive to shareholder value, building out the long-term opportunity.

Leveraging 130

Leveraging Returns Capital Shareholders 130

The Motley Fool

MAY 22, 2024

Before I turn things over to Michael, I want to pause and thank our teams for yet another quarter of tirelessly supporting our guests, our shareholders, and each other. Now, I'll close my commentary on the quarter by covering our after-tax return on invested capital. a year ago.

Leveraging 130

Leveraging Taxes Returns Portfolios 130

The Motley Fool

FEBRUARY 1, 2024

year to year, with the main decreases being a higher tax rate of $0.12, $0.06 We remain committed to our capital deployment priorities of managing our investment-grade credit rating, investing appropriately in the operations of the company, and returning capital to shareholders. Net interest expense improved $3 million sequentially.

Resale 130

Resale Banks Capital Assets 130

Axial

FEBRUARY 27, 2024

From a financial perspective, CPS can be flexible with deal structure to meet unique tax or estate planning needs and/or allow for the owner to maintain equity in the business. Argonaut looks to partner with management teams to improve operations, implement best practices and generate shareholder value.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Buyout Mergers and Acquisitions 59