Tag: Directors

Mastercard Board of Directors Announces Quarterly Dividend

Mastercard Incorporated (NYSE:MA) today announced that its Board of Directors has declared a quarterly cash dividend of 40 cents per share. The cash dividend will be paid on November 9, 2020 to holders of record of its Class A common stock and Class B common stock as of October 9, 2020.

About Mastercard Incorporated (NYSE:MA), www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world

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Halo Labs Completes Issuance of Shares to Independent Consultants, Directors, Employees and Suppliers

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced the issuance of 15,566,078 common shares of the Company to certain independent consultants, directors, employees, and suppliers of the Company, in lieu of cash consideration (the “Compensation Shares”) at a price of C$0.10 per Compensation Share, being the closing price of the common shares of the Company on September 4, 2020.

Kiran Sidhu, Chief Executive Officer of the Company, stated “The willingness of our consultants, over the past 12 months, to satisfy certain of the Company’s obligations in shares has helped us conserve cash as we navigated the recent volatility in global markets. Following the launch of our at-the-market financing program and the recently announced promissory note that provides the Company with $14 million in available funds, we are now positioned to shift away from

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Vcinity Welcomes Seasoned Business Leader, Dr. Robin L. Smith, to Its Board of Directors

Vcinity, Inc., a company empowering the edge and redefining cloud, today announced that Robin L. Smith, MD, MBA – a business leader, entrepreneur, medical doctor and philanthropist – joined its Board of Directors. Dr. Smith is uniquely positioned to guide and assist Vcinity during its current phase of growth and into the future.

Dr. Smith is a pioneer in the fields of regenerative medicine and predictive analytics and brings a rare combination of understanding disruptive innovation and business acumen to drive interest and growth. Previously as a Chairman and CEO of Neostem (NASDAQ: NBS), she transformed the company’s proprietary cell therapy development into an innovative business model, which led to its acquisition by Hitachi at 8x the price it had been acquired.

“Dr. Smith is a trailblazer in the healthcare innovation space, and we are absolutely honored and thrilled to welcome her to Vcinity’s Board of Directors,” said Harry Carr,

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Navistar Board Of Directors Issues Statement Regarding Revised Proposal From TRATON

LISLE, Ill., Sept. 14, 2020 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) today issued a statement from its Board of Directors regarding the revised proposal from TRATON SE.

Navistar’s Board of Directors, after careful consideration with the assistance of its financial and legal advisors, has unanimously concluded that while TRATON’s revised proposal of $43.00 per share significantly undervalues the Company and substantial synergies from a combination, it does represent a starting point for further exploring the possibility of a transaction. TRATON has developed a strong strategic relationship with the Company in recent years, and, in light of the 23% increase in their proposal, the Board believes the best way for TRATON to appreciate the true value of a potential combination is to allow it to conduct due diligence and engage in further synergy discussions with the Company.

Navistar does not intend to make any additional comments regarding the proposal,

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