Key Developments: Altra Industrial Motion Corp (AIMC.OQ)

AIMC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Altra Industrial Motion Corp reaffirms FY 2014 revenue outlook; lowers FY 2014 EPS outlook
Thursday, 24 Jul 2014 04:14pm EDT 

Altra Industrial Motion Corp:Maintains previous revenue guidance for FY 2014 in the range of $800 to $825 million.Reduces non-GAAP diluted EPS guidance for FY 2014 to $1.75 to $1.85.FY 2014 EPS of $1.97 - Thomson Reuters I/B/E/S.  Full Article

Altra Industrial Motion Corp announces Third Quarter 2014 dividend
Wednesday, 23 Jul 2014 11:17am EDT 

Altra Industrial Motion Corp:AnnounceS that its Board of Directors has approved the payment of a quarterly cash dividend of $0.12 per share for the third quarter of 2014.Dividend will be paid on Oct. 2 to shareholders of record as of the close of business on Sept. 18.  Full Article

Altra Industrial Motion Corp announces acquisition of Guardian Industries
Tuesday, 1 Jul 2014 05:03pm EDT 

Altra Industrial Motion Corp:Announces the acquisition of Guardian Industries Inc.Acquisition of Guardian is expected to be accretive to earnings in the range of $0.01 to $0.02 per share, excluding any one-time or acquisition related costs, during the FY 2014.  Full Article

Altra Industrial Motion Corp announces new $50 mln share repurchase program
Wednesday, 14 May 2014 11:51am EDT 

Altra Industrial Motion Corp:Approved a new share repurchase program authorizing the buyback of up to $50 million of the company's common stock through Dec. 31, 2016.  Full Article

Altra Industrial Motion Corp reaffirms FY 2014 outlook
Friday, 25 Apr 2014 07:02am EDT 

Altra Industrial Motion Corp:Maintains FY 2014 outlook.Expects FY 2014 sales in the range of $800 to $825 mln.Expects FY 2014 non-GAAP diluted EPS of $1.85 to $2.00.FY 2014 revenue of $825 mln, EPS of $1.99 - Thomson Reuters I/B/E/S.  Full Article

Altra Industrial Motion Corp announces second quarter 2014 dividend
Thursday, 24 Apr 2014 02:28pm EDT 

Altra Industrial Motion Corp:Approved the payment of a quarterly cash dividend of $0.12 per share.Dividend will be paid on July 2 to shareholders of record on June 18.  Full Article

Altra Industrial Motion Corp raises FY 2014 guidance
Wednesday, 19 Feb 2014 07:00am EST 

Altra Industrial Motion Corp:Says it is currently forecasting sales in the range of $800 to $825 million for FY 2014.Expects non-GAAP diluted EPS of $1.85 to $2.00 for FY 2014.FY 2014 revenue of $822 million and EPS of $2.00 - Thomson Reuters I/B/E/S.  Full Article

Altra Industrial Motion Corp announces first quarter dividend
Wednesday, 12 Feb 2014 03:28pm EST 

Altra Industrial Motion Corp:Says the Board of Directors has approved the payment of a quarterly cash dividend of $0.10 per share for the first quarter of 2014.Says the dividend will be paid on Apr. 3 to shareholders of record as of the close of business on Mar. 18.  Full Article

Altra Industrial Motion Corp completes acquisition of svendborg brakes
Tuesday, 17 Dec 2013 01:59pm EST 

Altra Industrial Motion Corp:Says it has closed on the acquisition of Svendborg Brakes A/S and S.B. Patent Holding ApS.  Full Article

Altra Holdings Inc announces name change to Altra Industrial Motion Corp
Monday, 25 Nov 2013 10:40am EST 

Altra Holdings Inc:Says that the company has changed its name to Altra Industrial Motion Corp.Says the name change became effective on Nov. 22.Says the company's common stock will continue to be listed on the NASDAQ and trade under its current ticker symbol AIMC.Says additionally, to facilitate the name change above, the wholly-owned subsidiary Altra Industrial Motion, Inc. has changed its name to Altra Power Transmission, Inc.  Full Article

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