Diversified Support Services

Wolters Kluwer has integrated Libra's AI workflow tools into its LEX legal research platform through a new add-in, giving LEX users direct access to AI-assisted workflows inside their existing research environment. The move follows the earlier rollout of the Libra workspace and extends Wolters Kluwer's connected working environment approach for legal clients. Wolters Kluwer is a €15.3b professional services group that builds information and software tools for lawyers and other specialists across Europe, North America, and the Asia Pacific. The company says ongoing investment and rapid integration of advanced AI and GenAI features into core product suites are enhancing customer value, enabling premium pricing, and differentiating its offerings. The integration is intended to tie generative tools to proprietary content and research journeys, making switching harder for legal clients as competitors like Thomson Reuters and LexisNexis race to deliver similar workflow integration.

Bank of America reshuffled its European defense coverage, upgrading Saab AB Class B to buy from neutral and Dassault Aviation to buy from neutral while downgrading Babcock International Group and RENK Group AG to neutral from buy. BofA raised its Saab price objective to SEK720 from SEK655, citing stronger-than-consensus growth expectations, particularly in its Surveillance business, and forecasts earnings per share 9%-16% above consensus in 2027-30, with its 2030 revenue estimate for Surveillance about 27% above consensus. For Dassault, the bank lifted its price objective to €360 from €345, highlighting a Rafale backlog that provides about 7.5 years of production visibility at current delivery rates, and said a proposed Indian order for 114 Rafales and Ukraine's ambition for up to 100 aircraft could, if secured, lift the backlog above 400 aircraft and roughly double production visibility. Babcock was cut to neutral with its price objective reduced to 1,060 pence from 1,608 pence, and RENK was cut to neutral with its target lowered to €42.50 from €62.50. BofA also initiated Fincantieri SpA at buy with a €17 price objective, expecting 34% EPS CAGR from 2026-30, and started CSG Nv Class A at underperform with a €13 target.

Wolters Kluwer Legal & Regulatory has expanded its integration between LEX, Poland's leading legal information system, and Libra by Wolters Kluwer, its legal AI workspace, by making selected Libra AI capabilities directly available inside LEX through the Libra LEX Add-in. The move follows the earlier integration of LEX trusted legal content into Libra, and now allows Polish legal professionals to move between research, analysis, drafting and case-related work across both platforms without leaving their workflow. Marcin Kleina, Managing Director of Wolters Kluwer Legal & Regulatory Poland & Romania, said legal professionals do not need another standalone AI tool but a connected working environment that moves them seamlessly from research to action. Viktor von Essen, CEO of Libra by Wolters Kluwer, said bringing Libra's AI capabilities directly into LEX creates a two-way experience that lets users move naturally between research, analysis and action. The company described the add-in as the next milestone in its strategy to deliver connected working environments, moving beyond standalone AI tools toward workflow-driven technology. Wolters Kluwer reported 2025 annual revenues of €6.1 billion and employs approximately 21,100 people worldwide.

Forval's consolidated results for the first quarter of the fiscal year ending March 2027 showed revenue of 16,865 million yen, up 5.4% year on year, operating profit of 344 million yen, up 67.4%, ordinary profit of 444 million yen, up 80.3%, and quarterly net profit attributable to owners of the parent of 115 million yen, up 79.3%, marking higher revenue and a sharp increase in profit. The company's visualization-based hands-on management support business led by its corporate doctors performed solidly, while electricity services and other operations also contributed to the revenue increase. On the other hand, environmental businesses such as solar power systems were sluggish due to the timing of the launch of subsidy programs. While gross profit rose steadily, selling, general and administrative expenses were kept in check even as the company made investments necessary for its growth strategy, including personnel reinforcement and information processing costs, which led to the sharp rise in operating profit. For the full fiscal year ending March 2027, the company's consolidated forecast is revenue of 77,000 million yen, up 7.7% from the previous fiscal year, operating profit of 4,100 million yen, up 10.1%, ordinary profit of 4,300 million yen, up 6.3%, and net profit attributable to owners of the parent of 2,200 million yen, up 48.9%, leaving its initial forecast unchanged and expecting record highs for revenue, operating profit, and ordinary profit. In June 2026, the company also entered into a business alliance with Chowa Giken, a Hokkaido University-certified AI venture, to provide AI products and services for small and medium-sized enterprises, collaborate on local government digital transformation, develop human resources, and enhance its consulting services.

Gig Works announced it will expand its shareholder benefit program. For shareholders holding 1,000 shares or more as of October 31, 2026, in addition to the existing 3,000 yen digital gift, the company will add a 1,000 yen children's gift certificate with a sweets set, and a vegetable set from its next-generation smart farm MUGEN FARM worth 3,000 yen. After the change, shareholders can choose one of three options: the 3,000 yen digital gift, the 1,000 yen children's gift certificate with sweets set, or the vegetable set. In addition, the 20 percent discount coupon usable on the Nihon Chokuhan website, available to shareholders holding 100 shares or more, will continue as before. The expanded shareholder benefits will apply to shareholders as of October 31, 2026.

JMT Network Services Public Company Limited, or JMT, has confirmed its cash collection target for this year at 9 billion baht, even though flooding in Bangkok and surrounding provinces has affected some of its cash collection. Chief Executive Officer Suthirak Traichira-arporn said the impact is only short-term and is expected to take about one month to recover, similar to past flooding in Hat Yai and Chiang Rai. The company has prepared measures to assist affected customers, allowing them to request deferred installments or reduced installment amounts on outstanding balances at their convenience. As for overall operating results in the third quarter of 2026, they are expected to be better than the second quarter of 2026, as there are no seasonal pressures, and the company confirmed that performance has already passed its lowest point in the previous quarter. Meanwhile, bidding to purchase non-performing loans from financial institutions is continuing as normal, currently in the bid submission stage, and has not been affected by the flooding in any way.

Cintas Corporation reported record quarterly revenue of $3.01 billion, up 10.9%, with organic growth accelerating to 8.9%, adjusted EPS rising 15.8% to $1.39, and adjusted operating margin reaching 23.6%. The company raised its fiscal 2027 revenue guidance to $12.15 billion-$12.27 billion and adjusted EPS guidance to $5.45-$5.54. Truist raised its price target to $230 from $225 with a Buy rating, and UBS raised its target to $235 from $230, though the shares initially fell about 3%. First Aid and Safety posted organic growth of 14.2% while Uniform Rental and Facility Services grew 8%, and gross margin hit an all-time high of 51.5%, up 120 basis points. Cintas is targeting approximately $375 million of operating cost synergies from its $5.5 billion UniFirst acquisition, which it expects to close before the end of calendar 2026 and which is excluded from the fiscal 2027 guidance.

Siamrajathanee Public Company Limited, or SO, together with the Department of Older Persons, has launched the "Employment Opportunities for Older Persons" project to promote the employment of older people in response to Thailand's demographic shift toward an ageing society. The initiative begins with a pilot programme recruiting 30 drivers aged 55 to 65, integrating technology and AI to match skills and experience with the needs of organisations. Ms. Kanthima Jangwansuk, Chief Executive Officer of Siamrajathanee Public Company Limited, said the company will establish an employment policy for older persons, prepare readiness plans, and submit available positions to the Department of Older Persons whenever suitable roles arise, drawing on its core expertise in workforce management and outsourced service businesses. Most recently, the company received the "Organisation Promoting Employment and Income for Older Persons Award for 2026" from the Ministry of Social Development and Human Security, and was recognised as an "Outstanding Network for Promoting and Supporting the Advancement of Older Persons' Affairs." Looking ahead, the company plans to expand the project to other career lines, such as service work, clerical work, organisational support, and coordination roles, in order to build a sustainable employment ecosystem for older persons.

Siamrajathanee Public Company Limited, or SO, has announced a partnership with the Department of Older Persons to drive measures supporting an ageing society by promoting income and employment for older people. Chief Executive Officer Kantima Jangwansuk said the company will set a policy on employing older workers, prepare readiness plans, and submit job vacancies to the Department of Older Persons whenever suitable positions arise. The company has begun a pilot programme hiring older people as drivers, with 30 positions, before assigning them to work with corporate clients. It is also applying the concepts of flexible work, reskilling and upskilling, as well as technology and AI, to match applicants with suitable positions. Most recently, the company received an award as an organisation promoting employment and income for older persons for the year 2026 from the Ministry of Social Development and Human Security, and was recognised as an outstanding network for promoting and supporting work on older persons. For its next plans, the company is preparing to build on its expertise in outsourcing and workforce management to create an employment ecosystem for older people, and to expand the programme into other career lines such as services, clerical work, organisational support, and coordination.

Siamrajathanee Public Company Limited, or SO, has announced a partnership with the Department of Older Persons to drive employment for older workers through the "Opportunities for Older Persons' Employment" project. The initiative begins with a pilot programme recruiting 30 drivers aged 55 to 65, and is set to expand into other career lines such as service work, clerical work, organisational support and coordination roles. Ms. Kanthima Jangwansuk, Chief Executive Officer of Siamrajathanee Public Company Limited, said the company will set an employment policy for older workers, prepare readiness plans and submit available positions to the Department of Older Persons in order to connect older people with job opportunities and income. Drawing on its core expertise in workforce management and outsourced services, the company is also applying the concepts of flexible work, reskilling and upskilling, along with technology and AI, to match skills and experience with suitable positions. Most recently, the company received the 2026 Award for Organisations Promoting Employment and Income for Older Persons from the Ministry of Social Development and Human Security, and was recognised as an outstanding network for promoting and supporting work on older persons, reinforcing its ESG performance on the social dimension.

Five of the six S&P 500 companies reporting earnings this week topped consensus EPS estimates, with one matching expectations and none missing, while five of the six also expanded profits year over year. Costco Wholesale reported fiscal fourth-quarter net sales up 12% to $95.72 billion, beating estimates by $830 million, with diluted EPS up 15% to $6.57 and global adjusted comparable sales up 6.7%. Cintas posted fiscal first-quarter revenue up 11% year over year to $3.01 billion and adjusted EPS of $1.39, and raised its fiscal 2027 revenue guidance to $12.15 billion to $12.27 billion and adjusted EPS guidance to $5.45 to $5.54. AutoZone reported fiscal fourth-quarter revenue up 5.6% to $6.59 billion with EPS of $56.05, General Mills posted revenue of $4.4 billion and adjusted EPS of $0.75 with full-year EPS guidance of $3.00 to $3.20, and Paychex reported revenue up 6% to $1.63 billion with adjusted EPS of $1.34. Darden Restaurants reported first-quarter revenue of $3.2 billion, missing estimates by $10 million, with fiscal 2027 EPS guidance of $11.10 to $11.35 below the analyst forecast.

USS reported its full-year results for the fiscal year ending March 2026, posting revenue of 113.8 billion yen, up 9.5% year on year, operating profit of 59.8 billion yen, up 10.4%, and net profit of 41.3 billion yen, up 9.9%, achieving growth in both revenue and profit. Its operating profit margin reached 52.6%, far above the 7.4% median for the services sector. The auto auction business was the main profit driver, generating revenue of 89.7 billion yen, just under 80% of the total, with operating profit of 58.5 billion yen and an operating margin of 65.3% for the segment alone. Alongside its disclosure for the first quarter of the fiscal year ending March 2027, the company raised its full-year forecast, lifting operating profit to 62.6 billion yen from 61 billion yen, up 4.6% year on year. Its equity ratio stood at 76.7%, well above the services sector median of 54.3%, while its ROE came in at 20.1%, nearly double the median of 10.7%. The dividend payout ratio was 61.6%, and share buybacks reduced the number of shares outstanding from 514 million at the end of the previous fiscal year to 474 million.

TP has appointed Benoit Gabelle as Group Chief Financial Officer, effective immediately. Gabelle had served as Interim Group Chief Financial Officer since March 2026, when Jorge Amar was appointed Chief Executive Officer of TP. He joined TP as Group Deputy Chief Financial Officer in 2022, overseeing Financial Reporting and Consolidation, Corporate Accounting, Tax, and Finance Transformation, and supported management on the deployment of unified financial systems, the structuring and integration of Majorel, and more recently the refinancing of the Group and its efficiency program. Before joining TP, he spent 17 years in France and Hong Kong with KPMG and then EY, where he was a Partner specializing in international taxation and transfer pricing. In the role, Gabelle will focus on ensuring the Group's transformation delivers shareholder value, providing strategic and financial support to Operations, modernizing the finance function, and strengthening investor relations and optimizing Group financing, balance-sheet and liquidity. CEO Jorge Amar said Gabelle's confirmation is a well-deserved recognition of the strong leadership he has demonstrated at TP.

Cintas Corporation reported first-quarter fiscal 2027 adjusted earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.35 by 3.0% and rising 15.8% from the year-ago quarter, while revenues of $3.01 billion surpassed the consensus estimate of $2.97 billion by 1.3% and grew 10.9% year over year. The top line benefited from 8.9% organic revenue growth, and the quarter delivered record gross and operating margins. Within the company's two reportable segments, Uniform Rental and Facility Services generated revenues of $2.29 billion, up 9.7% year over year, with segment operating income of $575.09 million, while First Aid and Safety Services revenues rose 16.1% to $388.52 million with operating income of $99.54 million; the All Other segment contributed revenues of $330.73 million, up 13.1%. Gross margin expanded to 51.5% from 50.3%, operating margin improved to 23.6% from 22.7%, and net income increased 12.3% to $551.71 million, with $14.41 million of transaction expenses tied to the proposed UniFirst Corporation acquisition. For fiscal 2027, Cintas raised its revenue guidance to $12.15-$12.27 billion from $12.10-$12.25 billion and lifted adjusted earnings per share guidance to $5.45-$5.54 from $5.36-$5.50, excluding expected impacts from the proposed UniFirst acquisition. The company repurchased $315.71 million of common stock and paid $180.70 million in dividends during the quarter, and ended with cash and cash equivalents of $243.60 million.

ASL Securities said JMT Network Services Public Company Limited, or JMT, reported net profit of 234 million baht in the second quarter of 2026, down 5% QoQ and 3% YoY, on a 30% QoQ decline in JK AMC's profit. Total revenue weakened 3% YoY but recovered 4% QoQ on better debt collection and insurance business. Cash collection was flat at 2.15 billion baht, with JK AMC growing 9% YoY, helping offset a 5% YoY decline in JMT's collection. As a result, first-half 2026 profit stood at 486 million baht, down 15.7% YoY, or 45% of the full-year estimate. The second-half outlook is expected to recover better than the first half of 2026, and the fourth quarter of 2026 has a chance to be the year's best quarter on accelerating collection and rising supply of non-performing loans coming to auction. The company raised its debt purchase budget this year to 2 billion baht from 400-500 million baht a year earlier, after using 1.13 billion baht in the first half of 2026. It is focusing on unsecured loans with an average debt of 100,000 to 300,000 baht per borrower and considering expanding into a digital loan debt portfolio to grow its debt management portfolio toward nearly 600 billion baht. Meanwhile, expected credit losses are seen slowing to about 250-270 million baht per quarter, and JK AMC is expected to gradually recover from the fourth quarter of 2026. The broker maintained its net profit forecasts for 2026-2027 at 1.08 billion baht, up 6.4% YoY, and 1.14 billion baht, up 5.0% YoY. It recommends Buy with an end-2027 target price of 13.00 baht, based on a price-to-book value of 0.76 times, and expects a dividend yield of 5.2% this year.

Cintas reported its first $3 billion quarter, with total revenue of $3.01 billion, up 10.9% year-over-year, and organic growth of 8.9%. Diluted EPS rose 13.3% to $1.36, while adjusted diluted EPS climbed 15.8% to $1.39, excluding UniFirst transaction-related expenses. Gross margin hit an all-time high of 51.5% of revenue, and operating margin also reached a record 23.6%, with operating income of $711.9 million, up 15.2%. The company raised its fiscal 2027 revenue guidance to $12.15 billion to $12.27 billion, a growth rate of 7.9% to 8.9%, and lifted adjusted diluted EPS guidance to $5.45 to $5.54, a growth rate of 10.3% to 12.1%. Cintas also increased its dividend 15.6% and repurchased $545 million in shares, and said it still expects to close the UniFirst acquisition by the end of calendar 2026, subject to regulatory clearances in the U.S. and Canada.

SPIE has issued a €500 million sustainability-linked bond tied to its environmental and social commitments, with a 5.5 year term and a 4.875% coupon. The group plans an early redemption of its 2028 ORNANEs, reshaping its debt profile ahead of the original maturity and shifting obligations out to 2030. Proceeds from the new bond are expected to support SPIE's energy, digital and industrial transition projects. The key proof point to watch is how net debt evolves by the October 22, 2026 early redemption date for the remaining ORNANEs, including whether SPIE uses operating cash flow to bring leverage down rather than simply rolling obligations into fresh borrowings. SPIE, a €7.6b Commercial Services group headquartered in GB, focuses on multi-technical services that keep energy and communications infrastructure running in France, Germany, the Netherlands and other markets.

Cintas reported record fiscal 2027 first-quarter revenue of $3.01 billion, up 10.9% year over year and the first time the company has topped $3 billion in quarterly revenue, with organic growth of 8.9% and adjusted diluted EPS of $1.39, up 15.8%. Gross margin reached a record 51.5% and operating margin a record 23.6%, while operating income rose 15.2% to $711.9 million. Within the segments, First Aid and Safety Services led organic growth at 14.2%, followed by Uniform Direct Sale at 9.6%, Fire Protection Services at 9.2% and Uniform Rental and Facility Services at 8.0%. Cintas raised its fiscal 2027 revenue outlook to $12.15 billion to $12.27 billion from a prior range of $12.10 billion to $12.25 billion, and lifted adjusted diluted EPS guidance to $5.45 to $5.54 from $5.36 to $5.50. The company also increased its regular quarterly dividend by 15.6% and had repurchased $545 million of shares through the date of the call, while CEO Todd Schneider said the proposed UniFirst acquisition remains subject to regulatory clearance in the U.S. and Canada and is expected to close by the end of calendar 2026.

Cintas reported fiscal first-quarter revenue of $3.01 billion, up 10.9% from a year earlier and ahead of the Zacks Consensus Estimate of $2.97 billion, while earnings per share came in at $1.39 versus a consensus estimate of $1.35. The revenue surprise was +1.58% and the EPS surprise +2.96%, compared with year-ago EPS of $1.20. Within the quarter, Uniform Rental and Facility Services revenue was $2.29 billion against a four-analyst average estimate of $2.27 billion, First Aid and Safety Services revenue was $388.52 million versus an estimated $378.23 million, and All Other revenue was $330.73 million versus an estimated $321.25 million. Operating income for Uniform Rental and Facility Services was $575.09 million against an estimated $560.82 million, First Aid and Safety Services operating income was $99.54 million versus an estimated $95.35 million, and All Other operating income was $51.67 million compared with an estimated $42.36 million. Cintas shares have returned -2.9% over the past month against a +1.3% change for the Zacks S&P 500 composite, and the stock carries a Zacks Rank #3 (Hold).

Cintas reported quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.35 per share and up from $1.2 per share a year ago, an earnings surprise of +2.96%. The uniform rental company posted revenues of $3.01 billion for the quarter ended August 2026, surpassing the Zacks Consensus Estimate by 1.58% and up from year-ago revenues of $2.72 billion. Cintas has topped consensus EPS and revenue estimates four times over the last four quarters, and ahead of the release its estimate revisions trend was mixed, translating into a Zacks Rank #3 (Hold). The current consensus EPS estimate is $1.35 on $3.02 billion in revenues for the coming quarter and $5.49 on $12.19 billion in revenues for the current fiscal year. Cintas shares have added about 5.7% since the beginning of the year versus the S&P 500's gain of 13.4%.

Siamrajathanee Public Company Limited, or SO, has launched the MOBIX application, a comprehensive platform for managing people, vehicles, and off-site work. Ms. Kanthima Jangwansuk, Chief Executive Officer, said this extends the company's expertise in managing people and vehicles into the technology business. MOBIX links personnel data, vehicles, and work processes in a single system, covering route and driving behavior tracking, field data collection such as Trip Notes, Activity Log, and Driver Score, as well as managing fuel receipts through Optical Character Recognition (OCR). The company believes MOBIX meets the needs of organizations with employees, vehicles, or teams spread across multiple locations, and can be deployed in a single department first before expanding across the entire organization. For the technology solutions business, the company assesses high growth potential, with a revenue structure comprising continuous membership fees, or Subscription Recurring Revenue, and revenue from installation, development, and expansion projects within organizations, in line with SO's goal of transitioning into a Strategic Operations Partner.

Siamrajathanee Public Company Limited, or SO, has launched MOBIX, a platform that provides end-to-end management of people, vehicles, and field work, linking personnel data, vehicles, and work processes together in a single system, with tracking of routes and driving behaviour from field locations. Ms. Kanthima Jangwansuk, Chief Executive Officer, said the platform stores key operational data, such as customer visits through Trip Notes, Activity Log, Driver Score, and the management of fuel receipts using Optical Character Recognition, or OCR, so that organisations can analyse costs and improve management efficiency more precisely. The development of MOBIX also meets the needs of organisations whose employees, vehicles, or teams are spread across multiple locations, and it can be deployed within a single unit first before expanding to the management of people, vehicles, locations, or other companies within the business group. The company's technology solutions business has a diverse revenue structure, comprising continuous membership revenue, or Subscription Recurring Revenue, and revenue from installation and development projects, as well as the expansion of usage within organisations, in line with the direction of transitioning from an Outsourcing Service Provider to a Strategic Operations Partner.

Cintas Corporation heads into its September 23 fiscal first-quarter earnings report with Jim Cramer telling Mad Money viewers the uniform and business-services company is coming in with "a full head of steam." The company closed fiscal 2026 with revenue of $11.26 billion, up 8.9%, and organic revenue growth of 8.3%, while fourth-quarter revenue rose 8.9% to $2.91 billion and gross margin hit an all-time high of 51%. For fiscal 2027, Cintas expects revenue of $12.10 billion to $12.25 billion and adjusted diluted EPS of $5.36 to $5.50, representing revenue growth of 7.4% to 8.7% and adjusted EPS growth of 8.5% to 11.3%. The pending UniFirst acquisition adds cost pressure: fiscal 2027 net interest expense is expected at approximately $105 million versus $101.2 million in fiscal 2026, mainly from bridge-loan financing, and the guidance excludes both the deal's expected impact and nonrecurring transaction costs. Cintas closed at $197.64 on September 18 with a forward P/E of 36.23 as of September 17, and Insider Monkey's tracking of more than 1,000 hedge funds showed 64 holders in the second quarter versus 63 in the prior quarter, with Arrowstreet Capital raising its stake 35% to 2.75 million shares.

Wolters Kluwer Tax & Accounting has introduced its CCH tax and accounting brand in Belgium, making the country the first continental European market to adopt the portfolio. The move brings several of the company's Belgian tax and accounting products under one brand, including CCH Clearfacts, CCH Codabox, CCH Flowin and CCH Clearnox, and Adsolut Personenbelasting will be renamed CCH Personal Tax. The products became part of Wolters Kluwer in 2024 following its acquisition of Isabel Group's European accountancy portfolio. CCH, the global portfolio brand for Wolters Kluwer Tax & Accounting, combines tax and accounting expertise with connected workflows, cloud technology and AI-enabled capabilities delivered through the company's Expert AI layer. The launch follows Wolters Kluwer's shift towards cloud-based and intelligent products and represents the first stage of a wider CCH rollout across continental Europe, with Belgium, Netherlands and UK vice-president and general manager Marie Costers saying accountants gain a single connected ecosystem covering the entire workflow from pre- to core and post-accounting.

The extraordinary general meeting of shareholders No. 1/2569 of Nice Call Public Company Limited, or NCP, resolved to approve an interim dividend for the company's first-half 2569 operating results, payable to common shareholders in the form of common stock and cash with a combined dividend value of 0.0445 baht per share, amounting to no more than 8,010,000 baht. The payout is divided into a stock dividend at a ratio of 25 existing shares to 2 dividend shares, equivalent to a dividend rate of 0.04 baht per share, and a cash dividend of 0.0045 baht per share. The company has set the XD date for September 28, 2569, and the interim dividend payment date for October 15, 2569. The meeting was chaired by General Boonyawat Khrueahong, chairman of the board, together with directors and executives including Nopphon Chuklin, chairman of the executive committee, and Saran Vechsuphaphon, chief executive officer. NCP stated that this interim dividend reflects growing operating results and a strong financial position, reaffirming its commitment to delivering stable and consistent returns to shareholders alongside investment for long-term growth.

The extraordinary general meeting of shareholders No. 1/2569 of Nice Call Public Company Limited, or NCP, resolved to approve an interim dividend for the company's first-half 2569 operating results, payable to common shareholders in the form of common shares and cash, with a combined dividend value of 0.0445 baht per share, amounting to no more than 8,010,000 baht. The payout is divided into a stock dividend at a ratio of 25 existing shares to 2 dividend shares, equivalent to a dividend rate of 0.04 baht per share, and a cash dividend of 0.0045 baht per share. The company has set the XD mark for September 28, 2569, and scheduled payment of the interim dividend for October 15, 2569. The meeting was chaired by General Boonyawat Krueahong, Chairman of the Board, with Nopphon Chuklin, Chairman of the Executive Committee, and Saran Vechsupaporn, Chief Executive Officer, also attending.

SPIE announced the launch of a sustainability-linked bond issue. The proceeds would be used by SPIE for general corporate purposes and the partial refinancing of the existing debt of the Group, including the outstanding Bonds Settled in Cash and/or Convertible into New Shares and/or Exchangeable for Existing Shares due January 17, 2028 (FR001400F2K3). SPIE is the independent European leader in multi-technical services in the areas of energy and communications, with 55,000 employees. SPIE Group achieved in 2025 consolidated revenue of €10.4 billion and consolidated EBITA of €793 million.

RB Global said on September 15 that it is raising its share repurchase ceiling to $1 billion from $500 million. The program began on March 18, and by September 11 the company had bought back 5,363,497 shares at an average price of about $93.22; the new terms, effective September 17, allow it to repurchase the lesser of 14,224,129 shares, roughly 10% of the public float, and $1 billion of stock. Management also raised the quarterly dividend to $0.33 from $0.31 on July 21. The buyback follows second-quarter results reported on August 4, when gross transaction value rose 11% to $4.7 billion and net income climbed 31% to $143.6 million, and management lifted its full-year GTV growth outlook to 9% to 11% from 6% to 9%. Underneath the headline numbers, however, GTV growth falls to 7% from 11% once recent acquisitions are stripped out, service revenue grew only 5% to $933.4 million as the take rate slid 110 basis points to 20%, and reported diluted earnings per share of $0.71 grew 34% while adjusted earnings per share of $1.13 grew just 6%.

Copart has agreed to acquire ACV Auctions in a US$1.9b all cash takeover that values the digital wholesale vehicle marketplace at US$10.50 per share. The offer puts ACV Auctions' stock at roughly 2.2x trailing sales, above the Commercial Services sector at about 1.3x and its peer group near 1.6x. The stock has declined 46.0% over the past 5 years, making the buyout level a key test of what the underlying revenue stream is worth. Copart plans to fold ACV's digital wholesale vehicle marketplace and inspection technology into its physical auction network. Community views on ACV Auctions are split, with a bull case calling the shares 34% undervalued and a bear case seeing them as roughly fairly valued after analysts lifted fair value from about $9.34 to roughly $10.13 on the deal terms.

A group led by FedEx Corp. secured investor backing in a tender offer ending Sept. 18 that values Polish parcel-locker company InPost at about $9 billion and paves the way for it to delist from the Amsterdam Stock Exchange. The consortium, which includes private equity firm Advent International, offered shareholders €15.60 a share, a sizable premium to the stock's trading level before the bid though still below InPost's €16 IPO price. Unlike a typical takeover, InPost will continue to operate as a standalone company with full operational independence, and founder Rafal Brzoska, 48, will stay on as chief executive officer. FedEx said it does not intend to change InPost's strategy or overhaul its management for at least 18 months following the takeover. The deal gives FedEx access to InPost's infrastructure, including about 70,000 automated parcel machines across nine European countries, and strengthens its position against rivals such as Germany's DHL and French-owned DPD.

Wolters Kluwer has added Kluwer Law International content to its Libra legal AI workspace for users in 11 European countries, giving Libra subscribers access to specialist international legal expertise within the same AI-driven environment. The company's Tax & Accounting division also introduced a Designated Vendor Integrator Key for CCH Axcess to manage third-party technology integrations more securely. Wolters Kluwer is a €15.2 billion professional services group focused on information and software tools for lawyers and accountants, and the company said the two moves sit squarely in its core workflow software and data products for professionals across Europe and beyond. The company said the update supports the view that its AI-infused cloud platforms can deepen customer reliance and support recurring revenue quality, with each extra content set or integration making it harder and costlier for law and accounting firms to switch providers. A datapoint to watch is how much of Libra's and CCH Axcess's customer base activates these new capabilities in the next set of segment disclosures and commentary around the 2026 full year results.

Copart has agreed to pay about $1.9 billion in cash for ACV, a digital automotive marketplace that sells cars for dealers, with the deal expected to close by the end of the calendar year. ACV sells more than 800,000 vehicles a year, while Copart sells over 4 million. The price works out at about 6% of Copart's $30.1 billion market value, and the acquisition targets dealer volume, a different funnel from the insurance salvage business that has shrunk. Copart's U.S. insurance volumes fell 8% in fiscal 2026, and total U.S. noninsurance volume fell 3.9% that year, with noninsurance work only about a quarter of its volume today. Management expects the deal to be breakeven at first and accretive in the first full year, fiscal 2028, and says over $2 billion will still sit on the balance sheet once it closes.