|Bid||21.82 x 800|
|Ask||21.85 x 800|
|Day's Range||21.65 - 22.12|
|52 Week Range||19.07 - 31.00|
|Beta (3Y Monthly)||1.49|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.04 (0.18%)|
|1y Target Est||N/A|
Actuant Corporation announced today that its Board of Directors has approved a cash dividend on the Company’s common stock. The Board declared an annual dividend of $0.04 per common share payable on October 14, 2019 to shareholders of record at the close of business on September 27, 2019.
Actuant Corporation will announce its fiscal 2019 third quarter results on Wednesday, June 26, 2019. A news release outlining the financial results will be distributed before the market opens on Wednesday, June 26, 2019.
Proceeds from the refinancing will be used to retire the existing $300 million term loan due May 2020, of which $200 million was outstanding at the end of the company’s second quarter. The new facility includes a reduction in pricing, expansion of the revolving credit facility from $300 to $400 million, and a March 2024 maturity date. "The refinancing of the credit facility creates a longer-term capital structure with greater flexibility to support the company's strategic plan, including the divestiture of the EC&S segment and continued disciplined focus on our capital allocation priorities," said Rick Dillon, Actuant’s Executive Vice President and Chief Financial Officer.
Actuant Corporation will announce its fiscal 2019 second quarter results on Thursday, March 21, 2019. A news release outlining the financial results will be distributed before the market opens on Thursday, March 21, 2019.
NEW YORK, Feb. 27, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Actuant Corporation (ATU) today announced Jim Ferland’s appointment as board chair following Robert Peterson’s decision not to stand for re-election to Actuant’s Board of Directors following the expiration of his term. “We greatly value the broad experience Jim has brought to the Board as a former public company CEO and Board Chair. Jim has been instrumental in leading the Board’s discussions on portfolio management and capital allocation, and I am confident that under Jim’s leadership Actuant will continue to drive shareholder value as a premier industrial tool company,” said Randy Baker, President and CEO.
Actuant Corporation (the “Company” or “Actuant”) (ATU) today announced that the Company intends to solely focus on its Industrial Tools & Services (”IT&S”) segment and pursue a standalone strategy as a pure play industrial tools and services company. To achieve its objective, and consistent with its recent sale of Precision-Hayes and announced intent to sell the Cortland U.S. business, the Company has initiated a process to maximize the value of its remaining Engineered Components & Systems (“EC&S”) segment through a potential divestiture of the segment.
MILWAUKEE-- -- First Quarter 2019 Highlights* Completed sale of Cortland Fibron on December 19, 2018. Initiated process to divest Cortland US and Precision-Hayes International businesses, which have been moved to Assets and Liabilities Held for Sale. Total net sales were $293 million for the quarter. Core sales increased 3% on a year-over-year basis while foreign currency reduced net sales by 2% and ...
As previously announced, Actuant Corporation has realigned its financial reporting segments. The change is effective for the Company’s fourth quarter of 2018. The realignment reflects changes in the operating structure of the Company with the combination of the Company’s tools and services business and all OEM-related businesses into two operating segments: Industrial Tools & Services and Engineered ...
Actuant Corporation today announces results for its fourth quarter and fiscal year ended August 31, 2018.