Financial
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Supermicro Announces Pricing for $2 Billion Convertible Senior Notes Offering Due 2030
Super Micro Computer announced a $2 billion offering of convertible senior notes due 2030, with a potential $300 million increase. The notes have an initial conversion price of approximately $55.20 per share, at a 35% premium to the stock’s closing price. Supermicro plans to use proceeds for share repurchases, capped call transactions, and general corporate purposes to expand its IT solutions. The company is also concurrently repurchasing shares and has entered into capped call transactions to mitigate dilution.
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University Bancorp, Inc. to Acquire Currency Exchange International, Corp. Shares
University Bancorp (UNIB) increased its stake in Currency Exchange International (CXI) by approximately 0.48%, reaching about 12.02% ownership. The company acquired shares on both the Toronto Stock Exchange and the OTC Markets. UNIB views its CXI holdings as an investment, subject to ongoing review, and may consider various strategic options. The announcement follows UNIB’s strong 2024 financial results and highlights its position as a significant financial holding company in Michigan.
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Transaction in Own Shares
Endeavour Mining announced a share buyback transaction on June 13, 2025, repurchasing 12,000 ordinary shares from Stifel Nicolaus Europe Limited as part of its ongoing buy-back program. The shares were purchased at prices between 2,248.00 and 2,284.00 GBp, with a volume-weighted average price of 2,277.67 GBp. After the cancellation, the issued shares total 241,990,346.
