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Alumina Limited (AWC.AX)

1.5550

-0.0250

(-1.58%)

At close: 4:10 PM GMT+10

Alcoa Corporation (NYSE:AA) Q1 2024 Earnings Call Transcript

Alcoa Corporation (NYSE:AA) Q1 2024 Earnings Call Transcript April 17, 2024 Alcoa Corporation misses on earnings expectations. Reported EPS is $-0.81 EPS, expectations were $-0.62. AA isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to the […]

Insider Monkey 4 days ago

AA

AWC.AX
-1.58%
Alcoa Stock Is Falling. Earnings Were Solid, but Transformation Looms.

Aluminum producer Alcoa’s first-quarter report beat Wall Street estimates. Focus now shifts to the buy of Alumina, and boosting earnings before interest, taxes, depreciation, and amortization.

Barrons.com 5 days ago

AA

AWC.AX
-1.58%
Q1 2024 Alcoa Corp Earnings Call

Q1 2024 Alcoa Corp Earnings Call

Thomson Reuters StreetEvents 5 days ago

AA

AWC.AX
-1.58%
Alcoa Corp Reports Q1 2024 Results: Deepens Net Loss Amid Strategic Acquisitions and ...

Comparative Analysis of Q1 Performance Against Analyst Estimates

GuruFocus.com 6 days ago

AA

AWC.AX
-1.58%
Alcoa (AA) Inks Definitive Deal to Acquire Alumina for $2.2B

Alcoa's (AA) acquisition of Alumina will enable it to effectively manage the current portfolio restructuring actions in AWAC and flourish through better operational focus and financial flexibility.

Zacks last month

AA

AWC.AX
-1.58%
Alumina Limited's (ASX:AWC) Intrinsic Value Is Potentially 78% Above Its Share Price

Key Insights Alumina's estimated fair value is AU$2.26 based on 2 Stage Free Cash Flow to Equity Current share price of...

Simply Wall St. last month

AWC.AX
-1.58%
Alcoa Signs Binding Deal to Acquire Australia’s Alumina for $2.2 Billion

Alumina said its independent nonexecutive directors and CEO recommend shareholders vote in favor of the proposed takeover.

The Wall Street Journal last month

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AWCMY

AA
UPDATE 3-Alcoa to buy Australian partner Alumina in $2.2 bln all-stock deal

Alcoa will buy Alumina in an all-stock deal that values the Australian firm at $2.2 billion, and makes the U.S. company one of the world's largest producers of alumina and bauxite. Shares of Alumina rose as much as 10.4% after Alcoa announced the deal on Monday, hitting their highest since August 2023. Alcoa shares gained 2.1% to $30.5 apiece.

Reuters last month

AWC.AX
-1.58%
AA
Alcoa Agrees to Acquire Australia’s Alumina for $2.2 Billion

Alcoa moved to cement its position as one of the world’s largest bauxite and alumina producers by making a $2.2 billion offer to buy Australia’s Alumina, its joint-venture partner in a global mining operation.

The Wall Street Journal last month

AA

AWCMF

AWCMY
Alcoa aims to take out Australian partner Alumina in $2.2 billion deal

MELBOURNE (Reuters) -U.S. aluminium producer Alcoa on Monday made a $2.2 billion all-stock buyout proposal for its Australian joint venture partner Alumina, in a deal that would give it greater upstream exposure and simplify its operations. Alumina's only asset is a 40% stake in the Alcoa World Alumina and Chemicals (AWAC) joint venture, which is controlled by Alcoa and has interests in bauxite mining, alumina refining and aluminium smelting across Australia, Brazil, Spain, Saudi Arabia and Guinea. Alcoa CEO William Oplinger told analysts the deal would eliminate Alumina's A$12 million ($7.87 million) a year of overhead costs and allow the combined company to tap tax advantages related to holding debt.

Reuters last month

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AWC.AX
-1.58%
UPDATE 2-US aluminium maker Alcoa makes $2.2 bln offer for Australia's Alumina

U.S. aluminium producer Alcoa Corp on Monday made a non-binding, conditional buyout proposal for its Australian joint venture partner Alumina , valuing the company at $2.2 billion in an all-stock offer. Alumina shareholders will also get exposure to the finished product aluminium in a bigger company. “To a very large degree it simplifies the corporate structure,” said portfolio manager Simon Mahwhinny of Allan Gray, adding that for that reason it offers the same or more upside for both sets of shareholders.

Reuters last month

AA

AWC.AX
-1.58%
Alcoa Corporation (NYSE:AA) Q4 2023 Earnings Call Transcript

Alcoa Corporation (NYSE:AA) Q4 2023 Earnings Call Transcript January 17, 2024 Alcoa Corporation beats earnings expectations. Reported EPS is $-0.56, expectations were $-0.99. AA isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to the Alcoa Corporation […]

Insider Monkey 3 months ago

AA

AWC.AX
-1.58%
Owning 45% shares,institutional owners seem interested in Alumina Limited (ASX:AWC),

Key Insights Given the large stake in the stock by institutions, Alumina's stock price might be vulnerable to their...

Simply Wall St. 3 months ago

AWC.AX
-1.58%
Alumina First Half 2023 Earnings: US$0.015 loss per share (vs US$0.058 profit in 1H 2022)

Alumina ( ASX:AWC ) First Half 2023 Results Key Financial Results Net loss: US$42.9m (down by 126% from US$167.9m...

Simply Wall St. 7 months ago

AWC.AX
-1.58%
Alumina Limited's (ASX:AWC) institutional shareholders had a great week as one-year returns increased after a 7.5% gain last week

Key Insights Significantly high institutional ownership implies Alumina's stock price is sensitive to their trading...

Simply Wall St. 9 months ago

AWC.AX
-1.58%
Alcoa signs 8-year alumina supply deal with Emirates Global Aluminium

U.S. aluminium producer Alcoa Corp has signed an eight-year agreement to supply another metal producer, Emirates Global Aluminium (EGA), with smelter grade alumina, both companies said in a statement on Monday. Alumina is the key raw material used for making aluminium.

Reuters 11 months ago

AA

AWC.AX
-1.58%

Performance Overview

Return	AWC.AX	S&P/ASX 200 [XJO]
YTD	+71.82%	+1.21%
1-Year	+1.30%	+4.93%
3-Year	-0.71%	+8.81%

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Alumina Limited (AWC.AX)

Alcoa Corporation (NYSE:AA) Q1 2024 Earnings Call Transcript

Alcoa Stock Is Falling. Earnings Were Solid, but Transformation Looms.

Q1 2024 Alcoa Corp Earnings Call

Alcoa Corp Reports Q1 2024 Results: Deepens Net Loss Amid Strategic Acquisitions and ...

Alcoa (AA) Inks Definitive Deal to Acquire Alumina for $2.2B

Alumina Limited's (ASX:AWC) Intrinsic Value Is Potentially 78% Above Its Share Price

Alcoa Signs Binding Deal to Acquire Australia’s Alumina for $2.2 Billion

UPDATE 3-Alcoa to buy Australian partner Alumina in $2.2 bln all-stock deal

Alcoa Agrees to Acquire Australia’s Alumina for $2.2 Billion

Alcoa aims to take out Australian partner Alumina in $2.2 billion deal

UPDATE 2-US aluminium maker Alcoa makes $2.2 bln offer for Australia's Alumina

Alcoa Corporation (NYSE:AA) Q4 2023 Earnings Call Transcript

Owning 45% shares,institutional owners seem interested in Alumina Limited (ASX:AWC),

Alumina First Half 2023 Earnings: US$0.015 loss per share (vs US$0.058 profit in 1H 2022)

Alumina Limited's (ASX:AWC) institutional shareholders had a great week as one-year returns increased after a 7.5% gain last week

Alcoa signs 8-year alumina supply deal with Emirates Global Aluminium

Performance Overview