|Day's Range||538.90 - 539.70|
|52 Week Range||538.90 - 539.70|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Generous grants of new stock and options—and well-timed sales—marked the tenure of former Alcoa and then Arconic chief executive Klaus Kleinfeld.
Arconic Inc on Thursday nominated two directors for its board, as it gears up for a shareholder vote later this month that pits the specialty metals maker against activist investor Elliott Management in a fight for direction of the company and control over the board. The $10 billion specialty metals company, which separated from aluminum producer Alcoa Corp late last year, has five board seats up for election at the annual meeting, which it said on Thursday will be held on May 25. Arconic said its nominees are former Boeing Commercial Airplanes Chief Executive Officer Jim Albaugh and retired Air Force General Janet Wolfenbarger.
Earnings of aluminum producers such as Alcoa are sensitive to alumina and aluminum prices.