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Temenos Group AG (TEMN.S)

TEMN.S on Swiss Exchange

107.20CHF
23 Feb 2018
Change (% chg)

CHF-1.90 (-1.74%)
Prev Close
CHF109.10
Open
CHF109.50
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CHF109.50
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CHF105.90
Volume
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Avg. Vol
396,380
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CHF144.10
52-wk Low
CHF75.70

Latest Key Developments (Source: Significant Developments)

Activist Fund Elliott Trims Stake In Takeover Target Fidessa
Thursday, 22 Feb 2018 06:50am EST 

Feb 22 (Reuters) - REGULATORY FILING::ELLIOTT CAPITAL ADVISORS REDUCES STAKE IN TEMENOS <<>> TAKEOVER TARGET FIDESSA GROUP PLC <<>> TO 4.0967 PERCENT​‍​.  Full Article

‍Activist Investor Elliott Takes Stake In Temenos Target Fidessa​
Wednesday, 21 Feb 2018 03:17am EST 

Feb 21 (Reuters) - REGULATORY FILING::‍ELLIOTT CAPITAL ADVISORS DISCLOSES 4.8715 PCT STAKE IN TAKEOVER TARGET FIDESSA GROUP PLC <<>>​.  Full Article

Temenos: Recommended Acquisition Of Fidessa Group Plc
Wednesday, 21 Feb 2018 01:35am EST 

Feb 21 (Reuters) - TEMENOS GROUP AG ::RECOMMENDED ACQUISITION OF FIDESSA GROUP PLC (“FIDESSA”) BY TEMENOS GROUP AG (“TEMENOS”).‍FIDESSA SHAREHOLDERS WILL BE ENTITLED TO RECEIVE £35.67 IN CASH FOR EACH FIDESSA SHARE​.TRANSACTION EXPECTED TO COMPLETE IN FIRST HALF OF 2018.TEMENOS - FIDESSA SHAREHOLDERS TO RECEIVE AND RETAIN FINAL DIVIDEND AND SPECIAL DIVIDEND TOGETHER AMOUNTING TO 79.7 PENCE IN AGGREGATE PER FIDESSA SHARE.‍TEMENOS BOARD EXPECTS TRANSACTION TO GENERATE $60 MILLION PER ANNUM OF RUN-RATE PRE-TAX COST SYNERGIES​.ENLARGED GROUP EXPECTED TO HAV FOR YEAR ENDED DEC. 31, 2017, REVENUES IN EXCESS OF $1.2 BILLION AND EBITDA MARGIN OF 32.3%.TEMENOS - EXPECTS TRANSACTION, ON ADJUSTED EARNINGS PER SHARE BASIS, TO BE EARNINGS ACCRETIVE FOR TEMENOS IN 2018.ENTERED BRIDGE FACILITY AGREEMENT WHICH PROVIDES TERM LOAN FACILITIES IN AGGREGATE PRINCIPAL OF GBP 1.43 BILLION​.  Full Article

Fidessa Group Says Possible Offer By Temenos
Tuesday, 20 Feb 2018 02:01am EST 

Feb 20 (Reuters) - Fidessa Group Plc ::POSSIBLE OFFER FOR FIDESSA BY TEMENOS.POSSIBLE OFFER FOR FIDESSA BY TEMENOS.‍UNDER PROPOSED TERMS OF POSSIBLE OFFER, FIDESSA SHAREHOLDERS WOULD RECEIVE £35.67 IN CASH FOR EACH FIDESSA SHARE​.‍UNDER PROPOSED TERMS OF POSSIBLE OFFER, FIDESSA SHAREHOLDERS WOULD ALSO RECEIVE RIGHT TO RECEIVE FINAL AND SPECIAL DIVIDENDS.‍TOTAL VALUE OF POSSIBLE OFFER IS THEREFORE £36.467 PER FIDESSA SHARE​.‍TEMENOS RESERVES RIGHT TO VARY FORM AND/OR MIX OF CONSIDERATION​.‍TEMENOS IS REQUIRED, BY NOT LATER THAN 5.00 PM ON 20 MARCH 2018, TO ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER FOR FIDESSA​.  Full Article

Temenos Group FY EBIT Up 20 Pct At $223.5 Million
Tuesday, 13 Feb 2018 11:43am EST 

Feb 13 (Reuters) - TEMENOS GROUP AG ::NON-IFRS TOTAL SOFTWARE LICENSING REVENUES UP 25% IN Q4 17 AND UP 22% IN FY 17.NON-IFRS EBIT UP 17% IN Q4 17, FY 17 NON-IFRS EBIT MARGIN OF 30.3%.PROFIT AND CASH FLOW STRENGTH SUPPORT PROPOSED DIVIDEND OF CHF 0.65, AN 18% ANNUAL INCREASE.2018 GUIDANCE OF NON-IFRS TOTAL SOFTWARE LICENSING GROWTH OF 13.5% TO 18.5%.SEES FY 2018 NON-IFRS TOTAL REVENUE GROWTH OF 10% TO 13% (C.C.) AND NON-IFRS EBIT OF USD 255M TO 260M.FY EBIT 223.5 MILLION USD, UP 20%.  Full Article

Julius Baer CEO: feel strong support from board & exec team in new role
Wednesday, 31 Jan 2018 04:51am EST 

Jan 31 (Reuters) - Julius Baer Gruppe Ag ::JULIUS BAER CEO SAYS CONFIDENT CAN IMPROVE COST/INCOME RATIO IN 2018‍​.JULIUS BAER CEO SAYS REGARDING WHETHER WILL REMAIN IN ROLE LONG-TERM: FEEL STRONG SUPPORT FROM BOARD OF DIRECTOS AND COLLEAGUES IN THE EXECUTIVE MANAGEMENT.JULIUS BAER CEO SAYS VOLATILITY COMING BACK A BIT SO FAR THIS YEAR, SATISFIED WITH ACTIVITY LEVELS SEEN IN THE FIRST MONTH OF THIS YEAR.JULIUS BAER CEO SAYS DON'T SEE RELATIONSHIP MANAGERS LEAVING FOR PICTET.JULIUS BAER CEO SAYS WELL UNDERWAY WITH TEMENOS CORE BANKING ROLL-OUT.JULIUS BAER CEO SAYS EXPECT TO ACHIEVE NET NEW MONEY WITHIN 4-6 PERCENT TARGET RANGE IN 2018 (COMPARED TO EXCEEDING .  Full Article

Temenos Completes Its 2017 Share Buyback Programme
Friday, 1 Dec 2017 12:46am EST 

Dec 1 (Reuters) - TEMENOS GROUP AG ::TEMENOS COMPLETES ITS 2017 SHARE BUYBACK PROGRAMME.COMPLETES ITS 2017 SHARE BUYBACK PROGRAMME.IN TOTAL, 1,227,804 REGISTERED SHARES WERE BOUGHT BACK AT AVERAGE PRICE PER SHARE OF CHF 122.17.  Full Article

Temenos Group says ‍Tier 1 US bank selects Temenos T24 core banking
Monday, 6 Nov 2017 01:12am EST 

Nov 6 (Reuters) - TEMENOS GROUP AG ::‍TIER 1 US BANK SELECTS TEMENOS T24 CORE BANKING FOR GLOBAL CASH MANAGEMENT BACKBONE​.  Full Article

Temenos Group to repurchase shares for total value CHF 150 mln
Tuesday, 31 Oct 2017 02:14am EDT 

Oct 31 (Reuters) - TEMENOS GROUP AG ::HAS DECIDED TO REPURCHASE ITS OWN REGISTERED SHARES FOR A TOTAL VALUE OF CHF 150 MILLION.MAXIMUM OF UP TO 1.5 MILLION REGISTERED SHARES WITH A PAR VALUE OF CHF 5.00 EACH AND 2.12% OF SHARE CAPITAL.REPURCHASE WILL COMMENCE ON NOVEMBER 1, 2017 AND WILL END ON DECEMBER 28, 2018 AT THE LATEST.  Full Article

Temenos Group raises 2017 outlook, share buyback approved
Wednesday, 18 Oct 2017 11:41am EDT 

Oct 18 (Reuters) - TEMENOS GROUP AG ::IFRS TOTAL REVENUE FOR THE QUARTER WAS USD 186.3M, UP FROM USD 160.6M IN Q3 2016.Q3 NON-IFRS TOTAL REVENUE WAS USD 186.6M, UP FROM USD 160.8M IN Q3 2016,.RAISES ITS OUTLOOK FOR FULL YEAR 2017.Q3 EBIT USD 49.8 MILLION, UP 20%‍​.OUTLOOK 2017: NON-IFRS TOTAL SOFTWARE LICENSING GROWTH AT CONSTANT CURRENCIES OF 20% TO 22.5%‍​.OUTLOOK 2017: NON-IFRS REVENUE GROWTH AT CONSTANT CURRENCIES OF 13% TO 14.5%‍​.‍SEES FY NON-IFRS EBIT AT CONSTANT CURRENCIES OF USD 219M TO 223M, UP FROM USD 210M TO 215M​.‍BOARD APPROVAL HAS BEEN GIVEN FOR A SHARE BUYBACK OF UP TO A TOTAL OF CHF 150M​.‍BUYBACK LAUNCH IS PLANNED FOR Q4 2017​.  Full Article

RPT-Temenos confident it can accelerate sales at Fidessa - CEO

ZURICH, Feb 22 Temenos's planned 1.4 billion pound ($1.95 billion)takeover of financial software peer Fidessa Group will enable faster sales growth at the British company, Temenos Chief Executive David Arnott told Reuters on Thursday.