Hashtag: #AscendantGroup

Ascendant Invite Groups To Submit Proposal

Ascendant Invite Groups To Submit Proposal

[Updated] “At the request of Ascendant Group Limited, the Bermuda Stock Exchange [BSX] has suspended trading of Ascendant’s common shares pending an announcement by the Company,” the BSX stated this morning [April 1]. Last time the BSX suspended trading of Ascendant shares, back in January, Ascendant — the parent company of BELCO... Read more of this article

Ascendant’s Share Repurchases For March 22nd

Ascendant’s Share Repurchases For March 22nd

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 8000 common shares at an average price of $20.00 on 22 March 2019. The Company advised the repurchased shares will be cancelled. Related Stories Ascendant Group Becomes Liberty Group Ascendant... Read more of this article

Govt’s Policy Directions: Possible Sale Of BELCO

Govt’s Policy Directions: Possible Sale Of BELCO

[Updated] Speaking in the House of Assembly today [March 22], Minister of Home Affairs Walter Roban provided an overview of the policy directions that he provided to the Regulatory Authority. This follows after the Ascendant Group — the parent company of BELCO — said they are “evaluating strategic alternatives, including the potential sale of... Read more of this article

Ascendant’s Share Repurchases For March 20

Ascendant’s Share Repurchases For March 20

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 1,800 common shares at an average price of $20.00 on 20 March 2019. The Company advised the repurchased shares will be cancelled. Related Stories Ascendant Group Becomes Liberty Group Ascendant... Read more of this article

Dozens Of People Retire From Ascendant

Dozens Of People Retire From Ascendant

[Written by Don Burgess] Nearly 13% of Ascendant’s workforce took up a voluntary retirement offer from Ascendant. A company spokesperson said that 50 people accepted early retirement. In the 2018 year-end financial statement, Ascendant said that BELCO had 258 employees, which was 67% of the staff employed by the Group which also includes AIRCARE,... Read more of this article

Ascendant’s Share Repurchases For March 18th

Ascendant’s Share Repurchases For March 18th

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 50 common shares at an average price of $20.00 on 18 March 2019. The Company advised the repurchased shares will be cancelled. Related Stories Ascendant Group Becomes Liberty Group Ascendant Group’s... Read more of this article

Ascendant’s Share Repurchases For March 14th

Ascendant’s Share Repurchases For March 14th

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 800 common shares at an average price of $20.00 on 14 March 2019. The Company advised the repurchased shares will be cancelled. Related Stories Ascendant Group Becomes Liberty Group Ascendant Group’s... Read more of this article

Ascendant’s Share Repurchases For March 13th

Ascendant’s Share Repurchases For March 13th

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 5,123 common shares at an average price of $20.00 on 13 March 2019. The Company advised the repurchased shares will be cancelled. Related Stories Ascendant Group Becomes Liberty Group Ascendant... Read more of this article

Ascendant’s Share Repurchases For March 8th

Ascendant’s Share Repurchases For March 8th

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 11,700 common shares at an average price of $20.00 on 8 March 2019. The Company advised the repurchased shares will be cancelled. Related Stories Ascendant Group Becomes Liberty Group Ascendant... Read more of this article

Ascendant Share Repurchases Feb, March 4, 6, 7

Ascendant Share Repurchases Feb, March 4, 6, 7

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of February 2019 the company repurchased 20 common shares at an average price of $17. The Company advised that the repurchased shares have been cancelled. In addition, Ascendant Group Limited also advised... Read more of this article

Ascendant Group Announces 2018 Results

Ascendant Group Announces 2018 Results

Ascendant Group released its 2018 annual financial results today [March 8], with core earnings of $18.3 million, or $1.87/share, compared to $20.4 million, or $2.06/share, in 2017 and funds from operations [FFO] of $46.8 million, or $4.78/share, for 2018 compared to $44.1 million, or $4.45/share, in 2017. The company said their highlights include: Continued... Read more of this article

Ascendant’s Share Repurchases For Feb 1st

Ascendant’s Share Repurchases For Feb 1st

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, the company repurchased 20 common shares at an average price of $17.00 on 1 February 2019. The Company advised the repurchased shares will be cancelled. Ascendant Group — the parent company of BELCO — recently confirmed... Read more of this article

ESTU Meets With Board Of Ascendant Group

ESTU Meets With Board Of Ascendant Group

The announcement that Ascendant is evaluating a potential sale of the company has “raised concerns about the future of the company and our members,” the Electricity Supply Trade Union said today, adding that they have met with the Ascendant Board and plan to further discuss the matter at a meeting today. This follows after the board of the... Read more of this article

Ascendant’s Share Repurchases For Jan 29th

Ascendant’s Share Repurchases For Jan 29th

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that “pursuant to its share repurchase programme, the company repurchased 6,000 common shares at an average price of $17.00 on 29 January 2019. The Company advised the repurchased shares will be cancelled.” Ascendant Group — the parent company of BELCO... Read more of this article

‘Evaluating Alternatives, Including Potential Sale’

‘Evaluating Alternatives, Including Potential Sale’

[Updated] The Bermuda Stock Exchange has suspended trading of the common shares of the Ascendant Group — the parent company of BELCO — “pending an announcement by the Company.” In a statement this morning [Jan 28], the BSX said, “At the request of Ascendant Group Limited, the Bermuda Stock Exchange has suspended trading... Read more of this article

Ascendant’s December 2018 Share Repurchases

Ascendant’s December 2018 Share Repurchases

In a filing with the Bermuda Stock Exchange [BSX], Ascendant Group Limited advised that pursuant to its share repurchase programme, during the month of December 2018 the company repurchased 51,395 common shares at an average price of $16.99. The Company advised the repurchased shares have been reserved for issuance. Related Stories Ascendant Group... Read more of this article