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However, the stock has been under significant pressure since last year when it was the subject of one prominent short-seller and the target of a recent Securities and ExchangeCommission (SEC) investigation. Icahn's recent SEC settlement On Aug. Here's why. Image source: Getty Images.
Our press release was distributed this morning and furnished on Form 8-K with the Securities and ExchangeCommission. During the course of this call, we will make projections and certain other statements that may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Charles Lambert -- Vice President, Treasurer, and Managing Director of Capital Markets Thank you, and good morning. Our press release was distributed this morning and furnished on Form 8-K with the Securities and ExchangeCommission. Please note this event is also being recorded. Please go ahead.
We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the SecuritiesExchange Act of 1934. These sites will be commissioned as the hydrogen issues resolved. It's just a timing issue.
Charles Lambert -- Vice President, Treasurer, and Managing Director of Capital Markets Thank you. Our press release was distributed this morning and furnished on Form 8-K with the Securities and ExchangeCommission. [Operator instructions] Please note, this event is being recorded. Please go ahead. Good morning.
More information about such risks and uncertainties is set forth under caption forward-looking statements in the earnings press release as well as in the Risk Factors section and other disclosure in the company's periodic filings with the Securities and ExchangeCommission. And I'll now turn it back to you, Bob.
Before information -- more information about such risks and uncertainties is set forth under the caption forward-looking statements in the earnings press release as well as in the Risk Factors section and other disclosures in the company's periodic filings with the Securities and ExchangeCommission.
More information about such risks and uncertainties is set forth under the caption Forward-looking Statements in the earnings press release as well as in the Risk Factors section and other disclosures in the company's periodic filings with the Securities and ExchangeCommission. This is very exciting for us.
Securities and ExchangeCommission. when excluding foreign exchange impacts. Client discussions remain focused on project activity that extends beyond 2025 as they look to secure capacity for future phases of their developments toward the end of the decade. Capital expenditures were $51 million.
See the 10 stocks *Stock Advisor returns as of August 1, 2023 You can find more information about risks, uncertainties, and other factors that could affect our results on our most recent annual report on Form 10-K and quarterly reports on Form 10-Q filed with the SEC and available also on our Investor Relations website.
Securities and ExchangeCommission, SEC, the Brazilian Comissao de Valores Mobiliarios CVM, and, in particular, the factors discussed under forward-looking statements and risk factors in Vale's annual report on Form 20-F. On top of that, our discipline in capital allocation remains pristine. for the year.
In addition, many of the risks regarding the business are disclosed in the company's Form 20-F filed with the Securities and ExchangeCommission, which is available at www.sec.gov. The first one is on capital allocation, right? So, on capital allocation, I think it's fair to divide the question in two parts.
For a discussion of these risks and uncertainties, please refer to our filings with the Securities and ExchangeCommission, including our earnings release filed on Form 8-K today and our fiscal 2023 Form 10-K. Overall, we believe these programs are secure and well-funded. million benefit from capital changes.
For a discussion of some of the risks and important factors that could affect AB InBev's future results, see Risk Factors in the company's latest annual report on Form 20-F filed with the Securities and ExchangeCommission on the 17th of March 2023. Good morning, good afternoon, everyone. Is that something you'd agree with?
JUST Capital in the Restaurants & Leisure category of America's Most JUST Companies Index named us as a top five company. First capitalizing on the strong demand in the market and converting this into quality and sustainable net yield growth; and second, continued focus on net cruise costs and rightsizing our cost base.
Charles Reynolds Lambert -- Vice President, Treasurer, and Managing Director of Capital Markets Thank you, and good morning. Our press release was distributed this morning and furnished on Form 8-K with the Securities and ExchangeCommission. billion of seven-year secured bonds at a blended coupon of 788.
Before beginning, a reminder that some of our remarks today may include forward-looking statements, subject to a variety of risks, uncertainties, and assumptions contained in our filings from time to time with the Securities and ExchangeCommission and are also reflected in this morning's press release. per ton produced.
Ark recently purchased a cryptocurrency exchange-traded fund (ETF) that one Wall Street analyst thinks could shoot 164% higher next year. Bitcoin and Ethereum are the only two cryptocurrencies the Securities and ExchangeCommission (SEC) approved for spot exchange-traded funds (ETFs), which many believe has increased exposure to both tokens.
Factors that could cause these results to differ materially are described in today's press release and our subsequent filings made with the SEC, including our upcoming Form 10-K. This reflects the deliberate diversification of our business toward more capital-light, fee-based revenue sources, which we expect to continue in 2025.
Operator instructions] During the call today, we may make forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As part of the review, we will consider ways to simplify our structure, find greater efficiency, optimize our approach to capital allocation, and enhance our disclosures.
Securities and ExchangeCommission (SEC) dropped another crypto-related investigation into an Australian company called Immutable, a gaming platform that had conducted private sales of a native cryptocurrency on its platform. Digital Asset Stockpile that will likely involve several cryptocurrencies.
This conference call and corresponding slide presentation contains statements that, to the extent they are not recitations of historical facts, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Copies are available on the SEC's website at sec.gov. wasnt one of them.
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