NYSE:LEA

Lear to Enhance Automation and Artificial Intelligence Capabilities Through Strategic Acquisition of WIP Industrial Automation

Retrieved on: 
Monday, April 29, 2024
Thagora, Automation, Lear Corporation, Safety, AI, LEA, InTouch, ASI, Environment, Engineering, Acquisition, Robotics, WIP, Sales

WIP, a long-time Lear supplier with 25 years of automation experience, develops, integrates, and deploys cutting-edge technologies to create customized automation solutions for manufacturing applications.

Key Points: 
  • WIP, a long-time Lear supplier with 25 years of automation experience, develops, integrates, and deploys cutting-edge technologies to create customized automation solutions for manufacturing applications.
  • WIP brings strong robotics and AI-based computer vision capabilities to Lear, which are important for safety, quality, and efficiency in a modern manufacturing environment.
  • This acquisition will be the latest of Lear's strategic investments designed to broaden its global automation and digital capabilities and builds on the company's successful integration of ASI Automation ("ASI"), Thagora Technology SRL ("Thagora"), and InTouch Automation ("InTouch").
  • "WIP brings valuable manufacturing engineering capabilities that are essential to advancing innovative automation solutions across our global operations," said Ray Scott, Lear President and CEO.

Lear Wins General Motors 2023 Supplier of the Year Award

Retrieved on: 
Thursday, April 18, 2024
Engineering, General Motors, LEA, Communication, GM, Lear Corporation, Safety, Fine chemical

SOUTHFIELD, Mich., April 18, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it was recognized with a GM Supplier of the Year award during General Motors' 32nd annual Supplier of the Year ceremony.

Key Points: 
  • SOUTHFIELD, Mich., April 18, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it was recognized with a GM Supplier of the Year award during General Motors' 32nd annual Supplier of the Year ceremony.
  • GM's Supplier of the Year award honors global suppliers that distinguish themselves by exceeding GM's expectations while providing consumers with technologies featuring cutting-edge innovation and world-class quality.
  • In 2023, Lear supported multiple GM product launches, invested in two new facilities, and collaborated on the development of several new product launches scheduled to begin production in 2024.
  • "Lear is once again honored to be recognized by General Motors.

Lear Announces Date for First Quarter 2024 Earnings Conference Call

Retrieved on: 
Thursday, March 28, 2024
Multimedia, Lear, Video game

The conference code is 9500216.

Key Points: 
  • The conference code is 9500216.
  • You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com .
  • The webcast replay will be available two hours following the call.
  • Note: The first quarter 2024 slide presentation will be available on Lear's website before the earnings call begins on April 30, 2024.

Lear Increases Share Repurchase Authorization to $1.5 Billion and Declares Quarterly Cash Dividend of $0.77 Per Share

Retrieved on: 
Tuesday, February 20, 2024
Share repurchase, LEA, Lear, Lear Corporation, Car rental

In addition, the Board declared a quarterly cash dividend of $0.77 per share on the Company's common stock.

Key Points: 
  • In addition, the Board declared a quarterly cash dividend of $0.77 per share on the Company's common stock.
  • At the end of 2023, Lear had $916 million remaining on its share repurchase authorization.
  • Since the Company began its share repurchase program in 2011, Lear has returned approximately $5.2 billion to shareholders, including the repurchase of approximately 53% of the Company's shares outstanding as of the commencement of its share repurchase program.
  • Lear may implement share repurchases under its share repurchase authorization utilizing a variety of methods, including open market purchases, accelerated share repurchase programs, privately negotiated transactions and structured repurchase transactions.

Lear to Participate in the Barclays 41st Annual Industrial Select Conference

Retrieved on: 
Thursday, February 8, 2024
Lear Corporation, Conference, LEA

SOUTHFIELD, Mich., Feb. 8, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 22, 2024, at the Barclays 41st Annual Industrial Select Conference in Miami, Florida.

Key Points: 
  • SOUTHFIELD, Mich., Feb. 8, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 22, 2024, at the Barclays 41st Annual Industrial Select Conference in Miami, Florida.
  • Representing Lear will be:
    Lear's webcast will begin at 9:10 AM EST and will run approximately 30 minutes.
  • The webcast link will be available on the Company's website at ir.lear.com .
  • The webcast replay will be available following the event.

Lear Named One of FORTUNE'S 2024 Most Admired Companies

Retrieved on: 
Wednesday, February 7, 2024
Korn Ferry, LEA, Social responsibility, Lear Corporation, Finance

SOUTHFIELD, Mich., Feb. 7, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has been named to FORTUNE magazine's "World's Most Admired Companies" list for the eighth consecutive year.

Key Points: 
  • Lear earns honor for 8th consecutive year; improves in 2 survey categories
    SOUTHFIELD, Mich., Feb. 7, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has been named to FORTUNE magazine's "World's Most Admired Companies" list for the eighth consecutive year.
  • Lear also improved its standing in the Social Responsibility and Financial Soundness categories compared with last year's study.
  • "I couldn't be more proud of the Lear team for sustaining our recognition as one of FORTUNE's World's Most Admired Companies for eight consecutive years.
  • It is a testament to our talented and dedicated employees worldwide," said Lear President and CEO Ray Scott.

Lear to Participate in the Wolfe Research Global Auto and Auto Tech Conference

Retrieved on: 
Wednesday, January 31, 2024
LEA, Lear Corporation, Conference

SOUTHFIELD, Mich., Jan. 31, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 15, 2024, at the Wolfe Research Global Auto and Auto Tech Conference in New York.

Key Points: 
  • SOUTHFIELD, Mich., Jan. 31, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 15, 2024, at the Wolfe Research Global Auto and Auto Tech Conference in New York.
  • Representing Lear will be:
    Lear's webcast will begin at 9:45 AM EST and will run approximately 30 minutes.
  • The webcast link will be available on the Company's website at ir.lear.com .
  • The webcast replay will be available following the event.

Lear Announces Date for Fourth Quarter and Full Year 2023 Earnings Conference Call

Retrieved on: 
Monday, December 18, 2023
Multimedia, Lear, Video game

You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com .

Key Points: 
  • You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com .
  • The webcast replay will be available two hours following the call.
  • Note: The fourth quarter and full year 2023 slide presentation will be available on Lear's website before the earnings call begins on February 6, 2024.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/lear-announces-date-for-fourth-...

Lear to Participate in the Goldman Sachs 15th Annual Industrials & Autos Week Conference

Retrieved on: 
Monday, November 27, 2023
LEA, NYSE, Conference, Lear Corporation, Clothing, Broadcasting

SOUTHFIELD, Mich., Nov. 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023, at the Goldman Sachs 15th Annual Industrials & Autos Week Conference in London.

Key Points: 
  • SOUTHFIELD, Mich., Nov. 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023, at the Goldman Sachs 15th Annual Industrials & Autos Week Conference in London.
  • Representing Lear will be:
    Lear's webcast will begin at 4:45 AM EST (9:45 AM GMT) and will run approximately 35 minutes.
  • The webcast link will be available on the Company's website at ir.lear.com .
  • The webcast replay will be available following the event.

Lear Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, November 14, 2023
LEA, NYSE, Lear Corporation, Holding company

SOUTHFIELD, Mich., Nov. 14, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.

Key Points: 
  • SOUTHFIELD, Mich., Nov. 14, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock.
  • The dividend is payable on December 26, 2023, to shareholders of record at the close of business on December 6, 2023.