Key Developments: Airgas Inc (ARG)

ARG on New York Consolidated

108.97USD
29 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Airgas Inc Announces Core Business Acquisitions
Tuesday, 18 Dec 2012 04:10pm EST 

Airgas Inc announced that it has acquired the assets and operations of four businesses that complement the Airgas portfolio of products and services. Combined annual revenues for the four acquired businesses are approximately $20 million. Financial terms of the transactions were not disclosed.  Full Article

Airgas Inc Declares Regular Dividend For Third Quarter FY2013
Tuesday, 20 Nov 2012 11:00am EST 

Airgas Inc announced that the Board of Directors declared a regular quarterly cash dividend of $0.40 per share, payable on December 28, 2012 to shareholders of record as of December 14, 2012.  Full Article

Airgas Inc Issues $250 Million Of 2.90% Senior Notes Due 2022
Monday, 19 Nov 2012 04:15pm EST 

Airgas Inc announced that it has priced $250 million of 2.90% senior notes due November 15, 2022. The offering is expected to close on November 26, 2012, subject to customary closing conditions. The notes are being offered under a shelf registration statement filed with the U.S. Securities and Exchange Commission. The Company intends to use the net proceeds from the offering for general corporate purposes, including to fund acquisitions, to repay indebtedness under the Company`s commercial paper program, and to repurchase shares pursuant to the Company`s stock repurchase program. Initially, the Company expects to use the net proceeds to repay indebtedness under its commercial paper program.  Full Article

Airgas Inc Announces Reorganization of East Region
Wednesday, 15 Aug 2012 04:15pm EDT 

Airgas Inc announced the reorganization of its distribution region, Airgas East, into two separate regions - the Northeast region and the East region - effective September 1, 2012. Kent Carter, formerly an area vice president within the Airgas South region, has been named president of the Northeast region which includes upstate New York and New England. Tony Simonetta, president of Airgas East since March of 2011, has been named president of the newly defined East region which encompasses the metropolitan New York City area, Long Island, New Jersey, the eastern half of Pennsylvania, Delaware, Maryland, Washington D.C., and northern Virginia.  Full Article

Airgas Inc Declares Regular Dividend for Second Quarter FY2013
Tuesday, 14 Aug 2012 11:32am EDT 

Airgas Inc announced that the Board of Directors declared a regular quarterly cash dividend of $0.40 per share, payable on September 28, 2012 to shareholders of record as of September 14, 2012.  Full Article

Airgas Announces Six Acquisitions
Wednesday, 8 Aug 2012 04:15pm EDT 

Airgas announced it has acquired the assets and operations of six businesses that complement the Airgas portfolio of products and services. Three of the six acquisitions closed as recently as August 1. Airgas USA, LLC, acquired the assets and operations of Terjan Co., Inc., which was doing business as Valley Welding & Industrial Supply, based in Bakersfield, CA. Airgas USA, LLC, also purchased the assets and operations of AEON Corporation, which was doing business as Ferguson Industrial Gases, an industrial gas and welding supply distributor in Texas. Mountain Welding Supply, LLC, an industrial gas and welding supply distributor based in Pioneer, CA, joined Airgas USA, LLC’s Northern California and Nevada region effective August 1. Reese Oxygen & Hydro-Testing, LLC, joined Airgas National Welders effective July 1. Florida-based carbon dioxide and dry ice distributor Carbonic Group, owned by John and Herb Hinely, joined Airgas Carbonic effective July.  Full Article

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