Cencora, Inc. (COR) Stock News

Excluding significant items, quarterly earnings per common share of $0.48 (1) Increased quarterly dividend 17.6 % to $ 0.10 per common share TORONTO , June 3, 2026 /CNW/ - Canaccord Genuity Group Inc. (Canaccord Genuity Group, the Company) (TSX: CF ) today announced its financial results for the fourth quarter and fiscal year ended March 31, 2026. "We delivered record revenue in fiscal 2026 and significantly improved profitability, reflecting stronger operating leverage and disciplined execution across the platform," said Dan Daviau, Chairman & CEO of Canaccord Genuity Group Inc. "Capital markets growth was led by higher investment banking and advisory activity, while wealth management continued to scale, supported by market appreciation, targeted investment and positive inflows. Our improved earnings profile and continued focus on disciplined capital allocation supported our decision to increase the dividend, while preserving the flexibility to invest in the areas of the business where we see the strongest opportunities to create long-term shareholder value." Fourth quarter and fiscal 2026 highlights (adjusted): (All dollar amounts are stated in thousands of Canadian dollars and on an adjusted basis excluding significant items ( 1 ) unless otherwise indicated) Fourth quarter revenue of $612.7 million, an increase of 33.2% over the same period in the prior fiscal year and the third highest quarterly revenue on record Fiscal 2026 revenue of $2.2 billion increased by 24.9% year over year Global wealth management operations earned record quarterly revenue of $306.7 million and record revenue of $1.1 billion for fiscal 2026, year-over-year improvements of 28.4% and 24.2%. Fourth quarter growth in the Australian wealth management operations reflects contributions from the acquisition of Wilsons Advisory Global capital markets revenue for the fourth quarter of $291.6 mi

CORA Group, a portfolio company of Jonas Software under Constellation Software, has acquired Finastra's U.S. Mid-Market banking business, including the Phoenix Core Banking System, Malauzai Digital Banking, and related solutions. The acquired business will operate as a standalone company within CORA Group while maintaining its existing products, people, and customer relationships.

All amounts are unaudited and in Canadian dollars and are based on financial statements prepared in compliance with International Accounting Standard 34 Interim Financial Reporting, unless otherwise noted. Our second quarter 2026 ("Q2 2026") unaudited Interim Consolidated Financial Statements for the period ended April 30, 2026 and Management's Discussion and Analysis ("MD&A"), are available online at www.versabank.com/investor-relations , SEDAR at www.sedarplus.ca and EDGAR at www.sec.gov/edgar . Supplementary Financial Information will also be available on our website at www.versabank.com/investor-relations . LONDON, ON , June 3, 2026 /CNW/ - VersaBank (or the "Bank") (TSX: VBNK (NASDAQ: VBNK ), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today reported its results for the second quarter ended April 30, 2026. All figures are in Canadian dollars unless otherwise stated. NOTE REGARDING SECOND QUARTER FISCAL 2026 FINANCIAL RESULTS VersaBank's financial results for the second quarter of fiscal 2026 reflect non-core non-interest expenses in the amount of $6.7 million. The non-core non-interest expenses included $4.5 million related to the project costs associated with the Reorganization (see Reorganization note below). Subsequent to the end of the second quarter, the Bank publicly filed a Form S-4 registration statement (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") in connection with the Reorganization. The Reorganization is intended to enhance shareholder value, mitigate risk and reduce corporate costs over the long term. The Bank expects that the anticipated benefits of the Reorganization will exceed the associated investment however, these expected benefits are subject to various assumptions and uncertainties. As of the end of the second quarter of

Stewart Information Services Corporation (NYSE: STC) announced a cash dividend of $0.525 per share for Q2 2026, payable on June 30, 2026, to shareholders of record as of June 15, 2026. The global real estate services company continues its dividend distribution to common stockholders.

A class action lawsuit has been filed against FS KKR Capital Corp. (FSK) alleging the company overstated its investment portfolio valuations, resulting in approximately $880 million in fair value losses for shareholders. The lawsuit covers investors who purchased securities between May 8, 2024 and February 25, 2026, with shares falling 15.24% on February 26, 2026 following corrective disclosures. The lead plaintiff deadline is July 6, 2026.

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./ CALGARY, AB , June 1, 2026 /CNW/ - Source Rock Royalties Ltd. ("Source Rock") (TSXV: SRR ), a pure-play oil and gas royalty company with an established portfolio of oil royalties and Crown mineral leases, announces results for the three-month period ended March 31, 2026 ("Q1 2026"). President's Message - Corporate Update During Q1 2026, we experienced two very different market environments. Oil prices were below $60.00 USD per barrel in January and remained very weak for almost all of February; which followed extended oil price weakness throughout the second half of 2025. These prolonged lower oil prices resulted in less new drilling activity on our royalty lands and reduced new production to offset natural declines from consistent drilling activity in 2024 and the first half of 2025. In addition, our production volume royalty had a scheduled decline from 70 bbl/d to 39 bbl/d that went into effect on January 1, 2026. This weakness reversed quickly when oil prices spiked in March, which changed the dynamic across our royalty lands for the first quarter and improved our outlook for the remainder of 2026. March royalty production rebounded from earlier in Q1 2026 to average 204 boe/d and royalty revenue for the month was approximately $623,000. Seven new horizontal wells began producing in March on our central Alberta (4) and S.E. Saskatchewan (3) royalty lands. The higher oil price environment not only increases the royalty revenue from our existing production due to our ~90% oil royalty production ratio, but it also positively changes our expectations for new drilling on our royalty lands. In particular, the operator of our Clearwater royalty lands recently disclosed that they have added a second rig to the property and anticipate an increase in the number of Clearwater horizontal wells to b

Q1 Revenue Up 44% YoY; Same-Store Sales Up 29%; Adjusted EBITDA Turns Positive as Company Advances National Expansion Strategy EDMONTON, AB , June 1, 2026 /CNW/ - Dr. Phone Fix Canada Corporation (TSXV: DPF) ("Dr. Phone Fix" or the "Company"), one of Canada's fastest-growing and award-winning consumer electronics repair and resale platforms, today reported financial results for the three months ended March 31, 2026, and provided an update on recent corporate developments. The Company operates a network of 44 corporately owned stores across five Canadian provinces. Financial Results Summary (CAD) (all dollar amounts in 000's) Three Months Ended Mar 31, 2026 Three Months Ended Mar 31, 2025 Variance (%) Revenue 3,162 2,196 +44 % Gross Profit 1,621 1,210 +34 % Gross Margin 51.3 % 55.1 % -3.8 pp Operating Expenses (SG&A) 2,476 1,754 +41 % Adjusted EBITDA(1) 88 (13) n/m Cash 291 1,558 -81 % (1) See Non-GAAP Financial Measure towards the end of this document. "Q1 reflected continued progress in the execution of our strategy with revenue increasing 44% year-over-year and comparable-store sales increasing 29%, even in what is typically our seasonally weakest quarter," said Piyush Sawhney, Founder and Chief Executive Officer of Dr. Phone Fix. "We also delivered positive Adjusted EBITDA, generated positive operating cash flow, and continued to improve execution across our national network while integrating recently acquired locations and advancing our OEM, insurance, supplier, repair and certified pre-owned device programs." Mr. Sawhney continued, "We have spent the past year building the foundation for a national, carrier-neutral device lifecycle platform. Today, we have 44 corporately owned locations across five provinces, a growing pipeline of acquisition and greenfield opportunities, and a strategy focused on disciplined expansion and stronger unit-level economics throug

Dimensional Fund Advisors Ltd. has disclosed a 3.57% stake in Capricorn Energy PLC as of May 28, 2026, comprising 2,521,781 ordinary shares. The disclosure includes recent sales transactions totaling 3,230 shares at prices of 3.2300 GBP and 3.2151 GBP per unit. Dimensional, an investment advisor, expressly disclaims beneficial ownership and notes it lacks discretion over 10,183 of the disclosed shares.

CALGARY, AB , May 29, 2026 /CNW/ - Fiddlehead Resources Corp. ("Fiddlehead," or the "Company") (TSXV: FHR ), is pleased to announce the filing of its unaudited financial and operating results for the three months ended March 31, 2026. Selected financial and operating information should be read in conjunction with Fiddlehead's unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three months ended March 31, 2026 and 2025 ("2026 Q1 Documents"). Financial and operating highlights for the period include: Achieved average corporate production of 1,439 BOE per day ("BOE/d") in Q1 2026, an increase of 10% over Q4 2025. Q1 2026 is the second complete quarter where the Company had full operational control of its acquired assets, and the second consecutive quarter with a quarter over quarter increase in production. The Company completed the license transfer in August, 2025, and operational handoff took place later that month. For the first quarter of 2026, Fiddlehead's petroleum and natural gas sales totaled $3.1 million. On January 6, 2026, the Company entered a 7-month natural gas supply agreement, commencing April 1, 2026 through to October 31, 2026, under which the Company will deliver 2,000 GJ/d and receive a price of $2.15/GJ, less associated deductions. This contract enables the Company to ensure a portion of its revenue and cash flow for 12 months. October 30, 2025, the Company entered a 1-year natural gas supply agreement, commencing on November 1, 2025, under which the Company will deliver 1,500 GJ/d and receive a price of $2.86/GJ, less associated deductions. In Q1 2026, the Company received $127,887 above market price under this contract. Generated $1.4 million in cash proceeds through the sale of its minority, non-operated working interest in nine sections of non-core acreage. The disposition reduces Fiddlehea

REHOVOT, Israel , May 29, 2026 /PRNewswire/ -- CollPlant Biotechnologies (NASDAQ: CLGN ), a regenerative and medical aesthetics company developing innovative technologies and products based on its non-animal-derived recombinant human collagen (rhCollagen) for tissue regeneration and medical aesthetics applications, today announced financial results for the first quarter of 2026 and provided a corporate update. "In the first quarter of 2026, we initiated discussions with several leading strategic players to explore potential collaborations, primarily in the medical aesthetics field," said Yehiel Tal, Chairperson and Chief Executive Officer of CollPlant Biotechnologies. "These discussions are focused on the potential joint development and commercialization of next-generation dermal filler product candidates incorporating CollPlant's rhCollagen technology in combination with hyaluronic acid and additional components. We are actively advancing these discussions and, while no assurance can be provided, remain encouraged by the level of interest and the progress achieved to date." Mr. Tal continued: "CollPlant is also advancing development of its next-generation photocurable dermal filler platform based on rhCollagen technology, designed to provide immediate structural support together with the potential for long-term tissue regeneration. The product candidate, currently in the final preclinical stage, is intended to address age-related volume loss and facial changes associated with significant weight reduction. During the quarter, the Korean Patent Office granted CollPlant a patent covering key aspects of the photocurable dermal filler technology, further strengthening our intellectual property portfolio in regenerative aesthetics." "The Company is planning to establish a broader portfolio of regenerative dermal and soft tissue fillers and is targeting initiation of clinic

CW BANCORP (OTCQX:CWBK), parent company of CommerceWest Bank, announced Board approval of a quarterly cash dividend of $0.23 per common share, payable July 1, 2026 to shareholders of record on June 12, 2026. The bank continues to focus on serving small and medium-sized businesses across California with customized banking products and services.

SCOR has successfully sponsored a new catastrophe bond (Atlas Capital DAC Series 2026-1) providing USD 75 million in multi-year risk transfer capacity to protect against named storms, earthquakes, and European windstorms from June 2026 to May 2029. The bond was priced at 6.00% interest spread and well-received by investors, marking the fourth issuance using the Atlas Capital DAC vehicle since 2023.

SCOR has successfully issued a new catastrophe bond (Atlas Capital DAC Series 2026-1) providing USD 75 million in multi-year coverage against natural disasters including US and Caribbean storms, earthquakes, and European storms through May 2029. The bond was priced at 6.00% and well-received by investors. This is the fourth issuance using the Atlas Capital DAC vehicle, demonstrating efficiency gains and supporting SCOR's Risk Partnerships strategy under its Forward 2026 plan.

Richmond Mutual Bancorporation, Inc. and The Farmers Bancorp have received necessary shareholder approvals for their planned merger. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual common stock for each share owned. The transaction is expected to close by end of Q2 2026. The combined company will operate as Richmond Mutual Bancorporation, Inc. on Nasdaq under ticker RMBI, with the bank operating as First Bank Midwest.

Herzfeld Credit Income Fund (NASDAQ: HERZ) announced a year-end distribution of $0.17 per share and corrected errors in previously reported cumulative distribution data. The fund, which recently transitioned to a credit-focused investment strategy emphasizing CLOs, reported a cumulative fiscal year distribution of $7.037 per share. However, the fund's performance metrics show concerning trends with a -7.25% average annual return over 5 years and -1.41% cumulative return for the fiscal year through March 31, 2026.

SCOR SE has successfully completed the placement of EUR 500 million Fixed to Floating Rate Subordinated Notes maturing in 2056, eligible as Tier 2 regulatory capital under Solvency II. The notes carry an initial fixed rate of 4.510% per annum until June 2036, then convert to a floating rate. The proceeds will be used for general corporate purposes and to finance a concurrent tender offer for existing subordinated notes. Settlement is expected on June 5, 2026.

SCOR successfully placed €500 million of subordinated bonds maturing in 2056 with institutional investors. The bonds carry a fixed interest rate of 4.510% annually until June 2036, then convert to variable rate (EURIBOR 3M + margin). The proceeds will fund general group needs and a concurrent tender offer to repurchase €250 million and €500 million of existing subordinated bonds maturing in 2047 and 2048 respectively.

SCOR announced a cash tender offer for EUR 250 million of 2047 bonds and EUR 500 million of 2048 bonds, with plans to simultaneously issue new subordinated Tier 2 bonds. The tender offer runs from May 27 to June 3, 2026, and is conditional on the successful issuance of new bonds. Proceeds will be used for general group purposes and to finance the tender offer, representing proactive management of SCOR's financing structure.

SCOR SE announced a cash tender offer to purchase EUR 250 million of 2047 Notes and EUR 500 million of 2048 Notes, with simultaneous plans to issue new Euro-Fixed to Floating Rate Subordinated Notes eligible as Tier 2 regulatory capital. The tender offer runs from May 27 to June 3, 2026, and is conditional on successful completion of the new notes issuance. This represents proactive management of SCOR's financing structure.

Trading Symbol: TSX/NYSE AMERICAN: SVM VANCOUVER, BC , May 26, 2026 /CNW/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM ) (NYSE: SVM ) reported its financial and operating results for the three months ("Q4 Fiscal 2026") and twelve months ("Fiscal 2026") ended March 31, 2026. All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q4 FISCAL 2026 Ongoing production during Chinese New Year : Produced approximately 1.5 million ounces of silver, 2,492 ounces of gold, or approximately 1.6 million ounces of silver equivalent 1 (silver and gold only) during the quarter; Record quarterly revenue : Sold approximately 1.5 million ounces of silver, 2,623 ounces of gold, 13.6 million pounds of lead, and 3.9 million pounds of zinc, for revenue of $147.4 million, an increase of 96% over the three months ended March 31, 2025 ("Q4 Fiscal 2025"), mainly driven by a 183% higher average realized silver price of $78.6 per ounce, with silver representing 78% of the quarterly revenue; Cash cost per ounce of silver 1 (net of by-product credits): Negative $1.92, significant improvement from $2.49 in Q4 Fiscal 2025 attributable to the more mechanized and less expensive shrinkage mining method; All-in sustaining cost ("AISC") per ounce of silver 1 (net of by-product credits): $17.35, 21% higher than $14.31 in Q4 Fiscal 2025, mainly due to higher government taxes linked to increased revenue and higher sustaining capital expenditures; Record adjusted earnings before interest, income tax, depreciation and amortization ("EBITDA") 1 attributable to equity shareholders of $98.1 million, or $0.44 per share, compared to $29.8 million or $0.14 per share in Q4 Fiscal 2025; Record adjusted net income 1 attributable to equity shareholders of $59.3 million, or $0.27 per share, after excluding the non-cash or one-time items, compared to $14.7 mill

Robust Quarterly Revenue and Strong Cash Generation Fund Accelerated Mine Investment While Increasing Cash Balance VANCOUVER, BC , May 26, 2026 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA ) (OTCQX: LUCMF ) (Frankfurt: Z68) is pleased to report operational and financial results for the first quarter ended March 31, 2026. The Company delivered another strong financial quarter, achieving revenue of $57.6 million, net earnings of $12.6 million, and Adjusted EBITDA of $25.4 million, supported by continued contributions from both operations, improved operating leverage, and a favourable commodity price environment. The quarter demonstrated the Company's growing financial strength, with significant self-funded investments in sustaining capital, underground development, infrastructure and exploration programs designed to improve production flexibility, long-term operating performance and long-term value creation. The Company generated $21.6 million in operating cash flow, increased its cash balance by $10.8 million to $36.4 million, and funded $10.9 million in sustaining and exploration capital expenditures, reflecting increasing cash generation capability across both operations. Q1 2026 Highlights Strengthened balance sheet and liquidity position: Cash increased to $36.4 million at March 31, 2026, compared to $25.5 million at December 31, 2025 (+43%), reflecting strong operating cash generation and improved profitability during the quarter. Despite increased investment in sustaining capital, the Company generated free cash flow before working capital changes of $12.9 million in Q1 2026, contributing to a cash increase of approximately $10.8 million during the period. Revenue and Earnings: Revenue increased 40% to $57.6 million, while EBITDA increased 160% to $19.7 million and adjusted EBITDA increased 99% to $25.4 million, driven by significantly stronger

Robust Quarterly Revenue and Strong Cash Generation Fund Accelerated Mine Investment While Increasing Cash Balance VANCOUVER, BC , May 26, 2026 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA ) (OTCQX: LUCMF ) (Frankfurt: Z68) is pleased to report operational and financial results for the first quarter ended March 31, 2026. The Company delivered another strong financial quarter, achieving revenue of $57.6 million, net earnings of $12.6 million, and Adjusted EBITDA of $25.4 million, supported by continued contributions from both operations, improved operating leverage, and a favourable commodity price environment. The quarter demonstrated the Company's growing financial strength, with significant self-funded investments in sustaining capital, underground development, infrastructure and exploration programs designed to improve production flexibility, long-term operating performance and long-term value creation. The Company generated $21.6 million in operating cash flow, increased its cash balance by $10.8 million to $36.4 million, and funded $10.9 million in sustaining and exploration capital expenditures, reflecting increasing cash generation capability across both operations. Q1 2026 Highlights Strengthened balance sheet and liquidity position: Cash increased to $36.4 million at March 31, 2026, compared to $25.5 million at December 31, 2025 (+43%), reflecting strong operating cash generation and improved profitability during the quarter. Despite increased investment in sustaining capital, the Company generated free cash flow before working capital changes of $12.9 million in Q1 2026, contributing to a cash increase of approximately $10.8 million during the period. Revenue and Earnings: Revenue increased 40% to $57.6 million, while EBITDA increased 160% to $19.7 million and adjusted EBITDA increased 99% to $25.4 million, driven by significantly stronger

LSL Pharma Group Reports Record Q1-2026 Revenues while positioning for improved profitability following Steri-Med Pharma production resumption. Launch of new eye-drop portfolio planned for the second quarter of 2026. Secured US-FDA certification of Steri-Med to manufacture ophthalmic ointment for the US market. BOUCHERVILLE, QC , May 25, 2026 /CNW/ - LSL PHARMA GROUP INC . (TSXV: LSL ) (the " Corporation " or " LSL Pharma "), a Canadian integrated pharmaceutical company, today reported its financial results for the first quarter ended March 31, 2026 ("Q1-26"). All amounts are presented in millions ("M") of Canadian dollars. Q1-26 Corporate and Financial Highlights Record quarterly consolidated revenues, including full quarter contribution from Laboratoire Du-Var ("Du-Var") and Juno OTC acquired on January 1 st , 2026 and to be presented as 3 rd business segment; Strong Eye-Care revenues show significant market share gains in Canada; Q1-26 profitability temporarily impacted by the three-month Steri-Med Pharma (Steri-Med) production pause, with full production activities having resumed in April 2026; Secured US-FDA certification of Steri-Med to manufacture ophthalmic ointment for the US market; Commissioning of new state-of-the-art sterile ointment manufacturing line on track for commercial production by Q1-27; Development of three (3) new ointment products initiated for regulatory filings during FY-27. Binding term sheet signed with Instapill Private Limited ("Instapill") for the Canadian rights to private label Loratadine 10 mg Orally Disintegrating Tablets (ODT), a bioequivalent product to Claritin® Rapid Dissolve TM ; Revolving credit facility increased from $7.5M to $11M; "During the first quarter of 2026, we saw the positive impact of the recent acquisitions of Juno OTC and Du-Var on our operating results and the diversification of our business platform. Whil

Silvercorp Metals Inc. announced a semi-annual dividend of US$0.0125 per share for shareholders of record as of June 5, 2026, with payment scheduled by June 25, 2026. The dividend is considered eligible for Canadian tax purposes. The company emphasized that future dividend payments will depend on commodity prices, market conditions, financial results, and cash flows.

Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share, payable on June 17, 2026, to stockholders of record as of June 3, 2026.

MedX Holdings announced Q1 2026 results with continued net profitability and debt reduction. The company is rebranding to Dazed Inc. (ticker: DAZE) and expanding with three new LazyDaze + Coffeeshop locations in San Marcos, Houston, and Baltimore. The company is also finalizing partnerships for Lazydaze Coffee and K-Cup products and capitalizing on cannabis's federal reclassification to Schedule III.

Austin, Texas, May 22, 2026 (GLOBE NEWSWIRE) -- MEDX HOLDINGS ANNOUNCES Q1 2026 HIGHLIGHTS, MULTI-CITY EXPANSION, AND CORPORATE ACTION TO REBRAND AS DAZED INC. (TICKER: DAZE) AUSTIN, Texas — May 22, 2026 — MedX Holdings, Inc. (OTC: MEDH ), a leader in the converging cannabis, hemp, and hospitality sectors, today announced its operational and financial highlights for the first quarter of 2026. Building on the net profitability achieved in Q4 2025, the company continues to execute its aggressive expansion strategy, marked by upcoming store openings, strategic product partnerships, and a major corporate rebranding initiative to align with its rapidly growing consumer footprint. Corporate Action: Rebranding to Dazed Inc. To align the company's corporate identity with its flagship consumer brands and long-term vision, MedX Holdings has announced its intention and initiated the required corporate actions to change its name to Dazed Inc. Alongside this name change, the company intends to request a formal ticker symbol change to DAZE . This strategic evolution reflects the company's dominant focus on scaling the Lazydaze franchise ecosystem and Dazed Distribution networks. Q1 Financial and Operational Milestone Highlights Continued Debt Reduction: MedX sustained its disciplined focus on balance sheet strength, further paring down long-term liabilities throughout Q1 to enhance cash flow and shareholder equity. Lazydaze Coffee & K-Cup Partnerships: The company is currently in the final stages of talks with potential strategic partners to massively scale ... Full story available on Benzinga.com

Wealth manager CWM initiated a major $521.1 million position in BlackRock's iShares International Country Rotation Active ETF (CORO) during Q1 2026, representing 1.4% of its assets under management. The move reflects growing institutional interest in international equities, with CORO delivering 35.5% returns over the past year and outperforming the S&P 500 by approximately 8 percentage points, driven by a softer dollar and attractive valuations abroad.

Canadian Banc Corp. corrected its May dividend declaration, revising the Class A share dividend from $0.18588 to $0.16900 per share due to an unadjusted VWAP calculation that failed to account for a May 19 Class A share split (1.1 for 1). The corrected dividend is payable June 10, 2026 to shareholders of record as of May 29, 2026. Preferred shareholders will receive $0.04958 per share.

Private equity firms Bain Capital, Warburg Pincus, and Blackstone are considering bids to take Japanese logistics company Nikkon Holdings private in a potential $7 billion deal. The company, founded in 1950 and listed on the Tokyo Stock Exchange, operates in transportation, packaging, testing, and warehousing. First-round bidding is expected next month with a second round scheduled for August.