Financial Health

On October 12, 2025, Jefferies Financial Group addressed investor concerns regarding the First Brands bankruptcy. CEO Rich Handler and President Brian Friedman issued a letter emphasizing Jefferies’ strong financial position, citing $10.5 billion in total equity and $11.5 billion in cash reserves. They highlighted a strengthened partnership with SMBC, including new credit facilities. While acknowledging a potential $45 million loss related to First Brands, Jefferies downplayed its impact and denied any prior knowledge of fraud, aiming to reassure investors of the firm’s overall stability.

Avnet (AVT) announced a 6% increase in its quarterly cash dividend, raising it to $0.35 per share. Payable on September 26, 2025, to shareholders of record on September 17, 2025, this decision reflects confidence in Avnet’s financial health and robust cash flow, enabling shareholder rewards and simultaneous investment in strategic growth. CEO Phil Gallagher emphasized the company’s commitment to balancing shareholder returns with long-term investments amidst a dynamic technology landscape, including IoT, AI, and electric vehicles.

TotalEnergies SE announced a share repurchase program, buying back 3,130,220 of its shares between August 4th and 8th, 2025, for over €163.5 million. The average weighted purchase price was €52.23 per share. Transactions were executed on AQEU, CEUX, XPAR, and TQEX exchanges. This buyback, authorized by shareholders, reflects confidence in TotalEnergies’ financial position and aims to enhance investor value. TotalEnergies focuses on providing sustainable energy solutions across oil, biofuels, gas, hydrogen, renewables, and electricity.