ASAZY - ASSA ABLOY AB (publ)
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 11.86 |
| Open | 11.75 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 11.75 - 11.81 |
| 52 Week Range | 8.69 - 12.78 |
| Volume | |
| Avg. Volume | 102,996 |
| Market Cap | 26.192B |
| Beta (5Y Monthly) | 0.71 |
| PE Ratio (TTM) | 21.44 |
| EPS (TTM) | 0.55 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.22 (1.86%) |
| Ex-Dividend Date | Apr 27, 2023 |
| 1y Target Est | 11.16 |
Fair Value
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ASAZY vs. SSTI: Which Stock Is the Better Value Option?
PR NewswireASSA ABLOY receives clearance from Mexico for the acquisition of HHI
Today, ASSA ABLOY has received clearance from the Mexican competition authority to acquire Spectrum Brands' Hardware and Home Improvement division ("HHI").
ZacksIs Assa Abloy (ASAZY) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Assa Abloy AB (ASAZY) and Desktop Metal, Inc. (DM) have performed compared to their sector so far this year.
PR NewswireASSA ABLOY and the DOJ reach a settlement regarding the HHI acquisition
Today, ASSA ABLOY and the U.S. Department of Justice ("DOJ") have reached a settlement agreement related to ASSA ABLOY's acquisition of Spectrum Brands' Hardware and Home Improvement division ("HHI"). The settlement will put an end to the trial proceedings of the District Court for the District of Columbia.
- Reuters
UPDATE 1-Assa, Spectrum Brands reach settlement with US on deal
Sweden's Assa Abloy AB, the world's No. 1 lock maker, and U.S.-based Spectrum Brands Holdings said on Friday they have reached a settlement with the U.S. Justice Department regarding Assa's $4.3 billion proposed deal to buy Spectrum's hardware and home improvement (HHI) division. The Justice Department last year sued to block the proposed deal by Assa Abloy to buy the Spectrum Brands HHI division, which makes residential door hardware, saying the deal could lead to higher prices.
ReutersAssa, Spectrum Brands reach settlement with US on deal
The Justice Department last year sued to block the proposed deal by Assa Abloy to buy the Spectrum Brands HHI division, which makes residential door hardware, saying the deal could lead to higher prices. Assa Abloy makes Yale, August and EMTEK brands, while Spectrum's division makes the Baldwin and Kwikset brands.
ZacksASAZY vs. SSTI: Which Stock Is the Better Value Option?
ASAZY vs. SSTI: Which Stock Is the Better Value Option?
ZacksWhat Makes Assa Abloy AB (ASAZY) a New Buy Stock
Assa Abloy AB (ASAZY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
PR NewswireResolutions at ASSA ABLOY AB's Annual General Meeting 26 April 2023
The Annual General Meeting of ASSA ABLOY AB was held on Wednesday 26 April 2023 in Stockholm, Sweden.
ReutersLockmaker Assa Abloy to raise prices further after Q1 beats expectations
COPENHAGEN (Reuters) -The world's biggest lockmaker Assa Abloy on Wednesday posted a higher than expected first-quarter operating profit after a "very strong" start to the year and said it would raise prices again to offset inflationary pressure. Assa Abloy said in a statement that its profit had been boosted by higher selling prices, lower material costs, savings, favourable currency rates and strong sales growth, in particular at its Global Technologies and Americas divisions. CEO Nico Delvaux told analysts and media in a call that the group will raise its prices further in coming quarters to compensate for high labour, energy and material costs.
ReutersTrial opens in Justice Department bid to force Assa Abloy to scrap deal
Lawyers for the U.S. Justice Department and Assa Abloy, the world's biggest lockmaker, began arguments Monday in a fight over whether the Swedish company can go forward with a $4.3-billion deal to buy a division of Wisconsin-based Spectrum Brands Holdings Inc that makes residential door locks. Speaking for the government, Matthew Huppert said that Assa Abloy's plans to resolve antitrust concerns by selling some assets, including its Yale smart lock U.S. business, was "insufficient" and "cobbled together to rescue an illegal merger." The government has asked the judge to stop the deal.
ZacksJCI or ASAZY: Which Is the Better Value Stock Right Now?
JCI vs. ASAZY: Which Stock Is the Better Value Option?
ZacksIs Assa Abloy (ASAZY) Outperforming Other Industrial Products Stocks This Year?
Here is how Assa Abloy AB (ASAZY) and Circor (CIR) have performed compared to their sector so far this year.
PR NewswireNotice of Annual General Meeting in ASSA ABLOY AB
The shareholders of ASSA ABLOY AB (Reg. No. 556059-3575) are hereby invited to attend the Annual General Meeting to be held on Wednesday 26 April 2023 at 3.30 p.m., at Stockholm Waterfront Congress Centre, Nils Ericsons Plan 4, Stockholm, Sweden. The doors will open at 2.30 p.m.
PR NewswireASSA ABLOY publishes its Sustainability Report 2022
ASSA ABLOY, the global leader in access solutions, has today published its Sustainability Report 2022. During the year, the Group continued to make good progress on its sustainability program and targets to 2025.
PR NewswireASSA ABLOY publishes its Annual Report 2022
ASSA ABLOY, the global leader in access solutions, has today published its Annual Report 2022. The report can be found on the Group's website: www.assaabloy.com/investors.
ReutersLockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world's biggest lockmaker, raised its dividend more than expected as it met quarterly profit forecasts on Friday, signalling its confidence even as it braces for an uncertain economic outlook. The company, whose products range from security doors and automated entrance solutions to electronic and mechanical locks, proposed a dividend of 4.80 crowns per share for 2022, up from 4.20 crowns a year earlier and above the 4.66 crowns seen by analysts.
- Reuters
UPDATE 2-Lockmaker Assa Abloy boosts dividend, but wary on outlook
Assa Abloy, the world's biggest lockmaker, raised its dividend more than expected as it met quarterly profit forecasts on Friday, signalling its confidence even as it braces for an uncertain economic outlook. The Swedish group reported a 28% increase in fourth-quarter operating profit to 5.15 billion Swedish crowns ($49.62 billion) from 4.01 billion a year-earlier.
Insider Monkey20 Most Valuable Swedish Companies In The World
In this article, we will look at the 15 most valuable Swedish companies in the world. If you want to explore similar companies, you can also read 5 Most Valuable Swedish Companies In The World. Sweden is one of the most prosperous and stable economies in Europe. With a GDP of $635.66 billion, according to […]
PR NewswireASSA ABLOY acquires Janam Technologies in the US
ASSA ABLOY has acquired Janam, a leading provider of handheld mobile computers and readers, based in the US. This acquisition enhances HID's event access portfolio to now also include handheld readers for scanning tickets using barcode and RFID technology, including NFC.
Motley FoolWhy Spectrum Brands Stock Was Rocketing Higher Today
Shares of Spectrum Brands (NYSE: SPB) were surging 21.9% higher at 11:07 a.m. ET Friday morning after the consumer and home products company announced it was another step closer to selling off its hardware and home improvement (HHI) business for $4.3 billion. While the development could be a good one for Spectrum, it's still an amazing jump in the share price. Over a year ago, Spectrum Brands had announced its intention to sell the HHI business to Assa Abloy (OTC: ASAZY), a Swedish conglomerate.
ZacksFortune Brands (FBHS) to Buy Assa Abloy's Emtek, Yale Brands
Fortune Brands (FBHS) reaches an $800 million deal with Assa Abloy to acquire its Emtek and Yale businesses. The deal is contingent upon the closing of Spectrum Brands' sale of HHI to Assa Abloy.
BenzingaFortune Brands Acquires Hardware Businesses From ASSA ABLOY For $800M
Fortune Brands Home & Security Inc (NYSE: FBHS) has agreed to acquire the Emtek and Schaub premium and luxury door and cabinet hardware business and the U.S. and Canadian Yale and August residential smart home locks business from ASSA ABLOY AB (OTC: ASAZF) (OTC: ASAZY). The purchase price of the acquisition is $800 million, or approximately $700 million net of tax benefits, in cash on a cash-free, debt-free basis. "Yale and August will bring two great brands and significant engineering expertise
ReutersAssa Abloy locks in $800 million deal to sell Emtek, Yale businesses to Fortune Brands
Earlier this year, the U.S. Justice Department had sued to block a $4.3-billion proposed deal by Assa Abloy, the world's No.1 lockmaker, to buy the hardware and home improvement (HHI) division of Spectrum Brands Holdings Inc that makes residential door hardware, as the deal signed last year could lead to higher prices. Reuters had reported in October that Assa Abloy was working to sell its Emtek and smart residential business in the United States to resolve U.S. antitrust issues that are holding up a planned acquisition. "While keeping these residential businesses in the U.S. and Canada would have been preferred, we are confident that we have now fully eliminated all competitive concerns alleged by the DOJ and that the acquisition of HHI is in the long-term interest of our shareholders," Assa Abloy President and Chief Executive Officer Nico Delvaux said in a statement on Friday.