Associated tags: Welding, ESAB, Manufacturing, Energy, Oil, Other Manufacturing, Gas, NYSE, Engineering, Alternative Energy, Chemicals, Plastics, Other Energy, Steel, Automotive Manufacturing, Aerospace, Machinery, Transport, Maritime, Utilities, Air
Locations: AMERICAS, UNITED STATES, NORTH AMERICA, MARYLAND
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ESAB ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that its Board of Directors has declared an increased quarterly cash dividend of $0.08 per share of the Company’s common stock.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that its Board of Directors has declared an increased quarterly cash dividend of $0.08 per share of the Company’s common stock.
- The dividend represents a 33% increase in the Company’s quarterly cash dividend, from $0.06 per share to $0.08 per share, or to $0.32 per share on an annualized basis.
- “We are proud to announce a double-digit increase in our dividend for our second straight year as a public company,” stated Shyam P. Kambeyanda, President and CEO of ESAB Corporation.
- “The dividend reflects our ability to successfully execute our strategic goals, generate strong cash flow quarter-over-quarter and deliver value to our stockholders.”
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Pharmaceutical industry ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, today announced financial results for the first quarter of 2024.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, today announced financial results for the first quarter of 2024.
- ESAB also reported first quarter net income from continuing operations attributable to ESAB of $61 million or $1.00 diluted earnings per share and core adjusted net income of $74 million or $1.20 diluted earnings per share.
- Core adjusted EBITDA of $123 million rose 9% and margins expanded 140 basis points to 18.8%, both as compared to the prior year quarter.
- “ESAB is off to a great start to 2024, with our results reflecting the power of ESAB Business Excellence to drive growth and margin expansion,” stated Shyam P. Kambeyanda, President and CEO of ESAB.
Chemicals,
Plastics,
Green Technology,
Energy,
Sustainability,
Manufacturing,
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Renewable energy As it enters its 120th Anniversary, ESAB Corporation (“ESAB” or “the Company”) (NYSE: ESAB), has published its second annual sustainability report, continuing its commitment to sustainable operations and shaping a better world.
Key Points:
- As it enters its 120th Anniversary, ESAB Corporation (“ESAB” or “the Company”) (NYSE: ESAB), has published its second annual sustainability report, continuing its commitment to sustainable operations and shaping a better world.
- As part of shaping a better world, ESAB is raising the bar of the commitments made in its inaugural report with an additional commitment to having 50% of the Company’s global electricity come from renewable energy sources by the year 2030.
- The report also highlights the Company’s continued commitment to workplace health and safety for all of its 9,000 global associates which resulted in an industry-leading total recordable incident rate of 0.43 in 2023.
- Progress on our diversity and inclusion journey and efforts towards reflecting the communities and regions we are part of.
ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it will issue a press release providing financial results for the first quarter of 2024 on the morning of Wednesday, May 1, 2024.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it will issue a press release providing financial results for the first quarter of 2024 on the morning of Wednesday, May 1, 2024.
- The Company will hold a conference call to discuss these results beginning at 8:00 a.m. Eastern on that day, which will be open to the public by calling +1-888-550-5302 (U.S. callers) and +1-646-960-0685 (International callers) and referencing the conference ID number 4669992 and through webcast via ESAB’s website www.ESABcorporation.com under the “Investors” section.
- ESAB’s financial results press release and supplemental information referenced on the call, if any, for the first quarter 2024 will be available under the “Investors” section of ESAB’s website prior to the conference call.
- A link to a replay of the call will also be available on the ESAB Corporation website later that day.
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Security (finance) ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today the pricing of its previously announced offering of $700 million aggregate principal amount of 6.25% Senior Notes due 2029 (the “Notes”).
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today the pricing of its previously announced offering of $700 million aggregate principal amount of 6.25% Senior Notes due 2029 (the “Notes”).
- The aggregate principal amount of Notes to be issued in the offering was increased to $700 million from the previously announced amount of $600 million.
- ESAB intends to use the net proceeds from the sale of the Notes to repay the outstanding borrowings under its senior term loan A-3 facility, with the remainder to be used for general corporate purposes.
- The Notes will be guaranteed (the “Guarantees”) by certain of ESAB’s domestic subsidiaries.
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Sale ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it intends to offer senior notes in an aggregate principal amount of $600 million maturing in 2029 (the “Notes”), subject to market conditions.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that it intends to offer senior notes in an aggregate principal amount of $600 million maturing in 2029 (the “Notes”), subject to market conditions.
- ESAB intends to use the net proceeds from the sale of the Notes to repay the outstanding borrowings under its senior term loan A-3 facility, with the remainder to be used for general corporate purposes.
- The Notes will be guaranteed (the “Guarantees”) by certain of ESAB’s domestic subsidiaries.
- This press release contains information about the pending offering of the Notes, and there can be no assurance that the offering will be completed.
Retrieved on:
Thursday, February 29, 2024
Mining,
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Pharmaceutical industry ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, today announced record financial results for the fourth quarter of 2023.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, today announced record financial results for the fourth quarter of 2023.
- ESAB also reported fourth quarter net income from continuing operations attributable to ESAB of $58 million or $0.96 diluted earnings per share and core adjusted net income of $69 million or $1.13 diluted earnings per share.
- Core adjusted EBITDA of $126 million rose 18% and margins expanded 200 basis points to 19.4%, both as compared to the prior year quarter.
- “ESAB’s team continues to execute well and delivered record-breaking sales, profit, and cash flow during the fourth quarter to conclude the year.
Retrieved on:
Thursday, February 22, 2024
Other Manufacturing,
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Maritime,
Machinery,
Coal,
Air,
Machine Tools, Metalworking & Metallurgy,
Alternative Energy,
Transport,
Energy,
ESAB ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of the Company’s common stock.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a focused premier industrial compounder, announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of the Company’s common stock.
- The dividend is payable on April 12, 2024 to shareholders of record as of March 29, 2024.
Retrieved on:
Tuesday, January 23, 2024
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Video game ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a premier narrowly diversified global leader in connected fabrication and gas control technology, announced today that it will issue a press release providing financial results for the fourth quarter of 2023 on the morning of Thursday, February 29, 2024.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a premier narrowly diversified global leader in connected fabrication and gas control technology, announced today that it will issue a press release providing financial results for the fourth quarter of 2023 on the morning of Thursday, February 29, 2024.
- The Company will hold a conference call to discuss these results beginning at 8:00 a.m. Eastern on that day, which will be open to the public by calling +1-888-550-5302 (U.S. callers) and +1-646-960-0685 (International callers) and referencing the conference ID number 4669992 and through webcast via ESAB’s website www.ESABcorporation.com under the “Investors” section.
- ESAB’s financial results press release and supplemental information referenced on the call, if any, for the fourth quarter 2023 will be available under the “Investors” section of ESAB’s website prior to the conference call.
- A link to a replay of the call will also be available on the ESAB Corporation website later that day.
Retrieved on:
Wednesday, December 6, 2023
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Holding company ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a premier narrowly diversified industrial company, announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of the Company’s common stock.
Key Points:
- ESAB Corporation (“ESAB” or the “Company”) (NYSE: ESAB), a premier narrowly diversified industrial company, announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of the Company’s common stock.
- The dividend is payable on January 12, 2024 to shareholders of record as of December 29, 2023.
