Key Developments: Airgas Inc (ARG)

ARG on New York Consolidated

104.74USD
17 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Airgas Acquires Team Welding Ltd
Monday, 16 Jun 2014 04:15pm EDT 

Airgas Inc:Acquires assets and operations of Team Welding, Ltd. d/b/a Technical Alloy & Industrial Gas.Financial terms of the transaction were not disclosed.  Full Article

Airgas issues $300 mln of 3.65 pct senior notes due 2024
Thursday, 12 Jun 2014 04:30pm EDT 

Airgas Inc:Priced $300 million of 3.65 pct senior notes due July 15, 2024.Offering is expected to close on June 17, 2014, subject to customary closing conditions.Intends to use the net proceeds from the offering for general corporate purposes, including funding acquisitions and repayment of indebtedness.  Full Article

Airgas Inc increases Q1 dividend by 15 pct
Thursday, 1 May 2014 07:35am EDT 

Airgas Inc:Increases quarterly cash dividend on common stock by 15 PCT, from $0.48 per share to $0.55 per share.Dividend will be payable on June 30 to shareholders of record as of June 13.  Full Article

Airgas Inc gives FY, Q1 2015 EPS outlook below analysts' estimates
Thursday, 1 May 2014 07:35am EDT 

Airgas Inc:Expects FY 2015 earnings per diluted share in the range of $5.00 to $5.20, reflecting an increase of 7 to 11 pct over prior year earnings per diluted share and an increase of 6 pct to 10 pct over prior year adjusted earnings per diluted share.FY 2015 EPS of $5.42 - Thomson Reuters I/B/E/S.Expects Q1 2015 earnings per diluted share in the range of $1.15 to $1.20, reflecting an increase of 1 to 5 pct over prior year earnings per diluted share of $1.14.Q1 2015 guidance assumes a year-over-year organic sales growth rate in the low single digits.Q1 2015 EPS of $1.30 - Thomson Reuters I/B/E/S.  Full Article

Airgas Inc announces reorganization of its north central distribution region
Thursday, 6 Mar 2014 09:00am EST 

Airgas Inc:Announced the reorganization of its North Central distribution region, effective immediately, into two separate regions within the company's North Division-a redefined North Central region, headquartered in Appleton and a new Midwest region, headquartered in the Chicagoland area.  Full Article

Airgas Inc acquires Welding & Therapy Service, Inc
Tuesday, 4 Mar 2014 09:00am EST 

Airgas Inc:Acquires Welding & Therapy Service, Inc.Financial terms of the transaction were not disclosed.  Full Article

Airgas Inc declares regular dividend for fourth quarter FY 2014
Thursday, 30 Jan 2014 07:40am EST 

Airgas Inc:Says the Board of Directors declared a regular quarterly cash dividend of $0.48 per share, payable on Mar. 31, to shareholders of record as of Mar. 14.  Full Article

Airgas Inc issues Q4 2014 EPS guidance below analysts' estimates; lowers FY 2014 EPS guidance
Thursday, 30 Jan 2014 07:30am EST 

Airgas Inc:Expects Q4 2014 EPS in the range of $1.18 to $1.23.Expects FY 2014 EPS, including an $0.08 loss on the early extinguishment of debt and a $0.02 benefit from a change in a state income tax law, in the range of $4.69-$4.74, reflecting an increase of 8% to 9% over the prior year.Expects FY 2014 adjusted EPS in the range of $4.75-$4.80.Q4 2014 EPS of $1.35 -Thomson Reuters I/B/E/S.FY 2014 EPS of $4.92 - Thomson Reuters I/B/E/S.  Full Article

Airgas Inc Declares Regular Dividend for Third Quarter FY2014
Monday, 11 Nov 2013 10:00am EST 

Airgas Inc announced that the Board of Directors declared a regular quarterly cash dividend of $0.48 per share, payable on December 27, 2013 to shareholders of record as of December 12, 2013.  Full Article

Airgas Inc Completes Acquisition Of Encompass Gas Group
Friday, 1 Nov 2013 04:05pm EDT 

Airgas, Inc announced that it has completed the acquisition of the assets and operations of The Encompass Gas Group, effective at the close of business on October 31, 2013. Airgas first announced its agreement to acquire Encompass on October 7, 2013, subject to regulatory approval and satisfaction of other customary closing conditions.  Full Article

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