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Azimut Holding SpA (AZMT.MI)

AZMT.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Azimut Shareholders Approve Buy-Back Of Up To To 19.6 Pct Of Issued Share Capital
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Azimut Holding SpA ::SHAREHOLDERS APPROVE BUY-BACK OF UP TO 28.0 MILLION SHARES, EQUAL TO 19.55 PERCENT OF ISSUED SHARE CAPITAL.  Full Article

Azimut Total Net Inflows In March At EUR 35 Million
Thursday, 12 Apr 2018 

April 12 (Reuters) - Azimut Holding SpA ::TOTAL NET INFLOWS IN MARCH AT ABOUT EUR 35 MILLION.  Full Article

BofA Merrill says MIFID II to be a challenge for overall equity environment
Monday, 22 Jan 2018 

Jan 22 (Reuters) - :MIFID II: BOFA MERRILL SAYS MIFID II LIKELY TO PUT PRESSURE ON ASSET MANAGERS’ FEES, OPERATING MARGINS; TO BE CHALLENGE FOR OVERALL EQUITY ENVIRONMENT.MIFID II: BOFA MERRILL SAYS ESTIMATES 1-4% HIT TO EARNINGS FOR EUROPEAN ASSET MANAGERS AS THEY ABSORB COST FROM UNBUNDLING OF PAYMENTS FOR RESEARCH.MIFID II: BOFA MERRILL SAYS MOST AFFECTED FROM MIFID II RESEARCH UNBUNDLING ARE UK ASSET MANAGERS (MAN GROUP, SCHRODERS, JUPITER) AND AMUNDI.MIFID II: BOFA MERRILL SAYS ESTIMATES REVENUE POOL FOR EUROPEAN EQUITY RESEARCH IS LIKELY TO SHRINK BY ABOUT 30% TO ABOUT $1.1 BILLION AS USAGE DECLINES.MIFID II: BOFA MERRILL SAYS OVERALL IT IS CAUTIOUS ESPECIALLY ON THE UK ASSET MANAGERS DUE TO THE COSTS OF REGULATION.MIFID II: BOFA MERRILL SAYS FORECASTS FEE MARGIN DECLINES STEMMING FROM MIFID II CHANGES FOR ITALIAN ASSET GATHERERS OF AZIMUT AND BANCA MEDIOLANUM.MIFID II: BOFA MERRILL SAYS UNBUNDLING PROVISIONS LIKELY TO REDUCE RESEARCH CONTENT, ESPECIALLY ON SMALL AND MIDCAPS.MIFID II: BOFA MERRILL SAYS IF REDUCTION IN RESEARCH CONTENT OCCURS, IT COULD DAMAGE BOTH LIQUIDITY AND THE HEALTH OF IPO MARKETS.MIFID II: BOFA MERRILL SAYS OVERALL, IT DOES NOT VIEW MIFID II AS A HELPFUL PACKAGE FOR THE EQUITY EXCHANGES.  Full Article

Azimut Holding Closes 2017 With Record Net Inflows Of EUR 6.8 Bln
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Azimut Holding ::SAYS EXPECTS TO CLOSE FY 2017 WITH NET PROFIT BETWEEN EUR 215 AND 225 MILLION.SAYS CONFIRMED NET PROFIT TARGET OF EUR 300 MILLION BY 2019.TO PROPOSE DIVIDEND OF EUR 2.0 PER SHARE.CLOSED 2017 WITH RECORD NET INFLOWS OF EUR 6.8 BILLION.  Full Article

Azimut: Investors In Shareholder Pact Could Buy Up To 10 Percent Of Azimut Holding
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Azimut Holding Spa ::AZIMUT SAYS SHAREHOLDERS DISCUSSING POSSIBLE STRENGTHENING OF STAKE IN COMPANY.AZIMUT SAYS INVESTORS IN SHAREHOLDER PACT COULD BUY UP TO 10 PERCENT OF AZIMUT HOLDING.AZIMUT SHARES EXTEND GAINS UP 2 PERCENT.AZIMUT SAYS INSTITUTIONAL INVESTOR COULD TAKE PART IN STAKEBUILDING BUT PLANNING TO STAY BELOW MANDATORY BID THRESHOLD.  Full Article

Azimut Total Net Inflows In Dec. At EUR 926 Mln
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - AZIMUT ::TOTAL NET INFLOWS IN DECEMBER AT EUR 926 MILLION.TOTAL ASSETS UNDER MANAGEMENT AT END-DEC EUR 40.2 BILLION, INCLUDING ASSETS UNDER ADMINISTRATION EUR 50.4 BILLION.  Full Article

Azimut Total Net Inflows In November At Eur 403 Million
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - AZIMUT ::TOTAL NET INFLOWS IN NOVEMBER AT EUR 403 MILLION.  Full Article

Azimut Approved Start Of Third Share Buyback Tranche For Up To EUR 50 Million
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Azimut ::APPROVED START OF THIRD SHARE BUYBACK TRANCHE FOR UP TO EUR 50 MILLION AND MAXIMUM SHARE PRICE OF EUR 30.THIS TRANCHE IS ON TOP OF TWO ALREADY COMPLETED IN 2017 FOR EUR 25 MILLION EACH.  Full Article

‍Azimut, Through AZ NGA, Acquires Henderson Maxwell In Australia​
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Azimut ::‍AZIMUT, THROUGH AUSTRALIAN SUBSIDIARY, AZ NEXT GENERATION ADVISORY (AZ NGA), ACQUIRES HENDERSON MAXWELL IN AUSTRALIA​.‍AGREEMENT INCLUDES SHARE SWAP OF 49% OF HENDERSON MAXWELL'S EQUITY FOR AZ NGA SHARES AND PROGRESSIVE BUY BACK OF THESE SHARES OVER NEXT TEN YEARS​.‍REMAINING 51% STAKE WILL BE PAID TO FOUNDING PARTNERS IN CASH OVER A PERIOD OF TWO YEARS​.‍TOTAL VALUE OF TRANSACTION CONSIDERING BOTH CASH AND SHARE SWAP ENTAILS PURCHASE PRICE OF AROUND A$11.6 MILLION​.  Full Article

Azimut ‍through AZ NGA acquires Dunsford Financial Planning in Australia​
Monday, 13 Nov 2017 

Nov 13 (Reuters) - AZIMUT :SAYS ‍THROUGH AZ NGA, ACQUIRES DUNSFORD FINANCIAL PLANNING IN AUSTRALIA​.SAYS ‍AGREEMENT INCLUDES A SHARE SWAP OF 49% OF DUNSFORD FINANCIAL PLANNING'S EQUITY FOR AZ NGA SHARES.SAYS ‍SHARE SWAP IS FOLLOWED BY PROGRESSIVE BUY BACK OF THESE SHARES OVER THE NEXT 10 YEARS.SAYS ‍REMAINING 51% STAKE WILL BE PAID TO FOUNDING PARTNERS IN CASH OVER A PERIOD OF TWO YEARS​.  Full Article

BRIEF-Azimut Completes Third Tranche Of Share Buyback Programme

* OWNS A TOTAL OF 15,050,237 TREASURY SHARES, EQUIVALENT TO ABOUT 10.5% OF SHARE CAPITAL Source text for Eikon: Further company coverage: (Gdynia Newsroom)