Key Developments: Atlas Copco AB (ATCOa.ST)

ATCOa.ST on Stockholm Stock Exchange

222.00SEK
3:38am EST
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1.70kr (+0.77%)
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220.30kr
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Latest Key Developments (Source: Significant Developments)

Atlas Copco considers further job cuts-Reuters
Wednesday, 26 Mar 2014 11:33am EDT 

Atlas Copco AB:Atlas Copco is to cut hundreds more jobs in its mining business - Reuters.Decrease in 2014 of global demand for large air and gas compressors used in industries ranging from manufacturing to oil and gas said to be one of reasons of further job cuts.  Full Article

Atlas Copco AB announces details on FY 2013 dividend
Friday, 21 Mar 2014 03:30am EDT 

Atlas Copco AB:Says its Board proposes that the dividend for fiscal year 2013 is decided to be 5.50 Swedish crowns per share and that May 5 is record date for dividend.If the Meeting decides as proposed, dividend is expected to be distributed by Euroclear on May 8.  Full Article

Atlas Copco AB's final price for Edwards Group agreed
Thursday, 6 Mar 2014 02:39am EST 

Atlas Copco AB:Agreed final price for acquisition of Edwards Group Ltd.Atlas Copco will therefore make additional payment of $1.25 per share.Payment will be made on March 10.  Full Article

Atlas Copco opens distribution and service center in South Africa
Friday, 21 Feb 2014 04:00am EST 

Atlas Copco AB:Opens new distribution and service center in South Africa.The facilities are located east of Johannesburg.Says invested about 200 million rand (120 million Swedish crowns) in the center.  Full Article

Atlas Copco AB completes acquisition of Geawelltech
Monday, 3 Feb 2014 02:42am EST 

Atlas Copco AB:Says it has closed the acquisition of Geawelltech, which sells, rents out and manufactures well- and geotechnical drilling equipment.Says the acquired business becomes part of Atlas Copco's Surface and Exploration Drilling division in the Mining and Rock Excavation Technique business area.Atlas Copco announced on Jan. 16, 2014, that it had agreed to purchase Geawelltech.  Full Article

Atlas Copco proposes FY 2013 dividend of SEK 5.50 per share
Thursday, 30 Jan 2014 06:00am EST 

Atlas Copco AB:Proposes FY 2013 dividend of 5.50 Swedish crowns per share.Says excluding shares currently held by the company, this corresponds to a total of 6,675 million Swedish crowns.Paid the same dividend of 5.50 Swedish crowns per share for FY 2012.  Full Article

Atlas Copco to supply 200 oil-free scroll compressors to Siemens and Austrian Federal Railways
Monday, 20 Jan 2014 07:00pm EST 

Atlas Copco AB:Says will supply 200 oil-free scroll compressors SFR 5 to Siemens Germany for its end customer OBB, the Austrian Federal Railways.Says the compressors will provide oil-free air for the brake system, active tilting suspension and other auxiliary systems in the Siemens Desiro ML type train series.Financial details were not disclosed.  Full Article

Atlas Copco AB buys Swedish Drilling Equipment Company
Thursday, 16 Jan 2014 05:10am EST 

Atlas Copco AB:Says it has agreed to acquire Geawelltech, which sells, rents out and manufactures well- and geotechnical drilling equipment.Says the acquisition is expected to close in the first quarter.Says the acquired business will become part of its new Surface and Exploration Drilling division in the Mining and Rock Excavation Technique business area.Financial terms of the transaction were not disclosed.  Full Article

Atlas Copco completes acquisition of Edwards Group
Thursday, 9 Jan 2014 10:15am EST 

Atlas Copco AB:Closes the acquisition of Edwards Group Ltd.Says the acquired business is now part of Atlas Copco's new Vacuum Solutions division in the Compressor Technique business area.  Full Article

Atlas Copco’s acquisition of Edwards Group receives antitrust clearance
Thursday, 9 Jan 2014 02:30am EST 

Atlas Copco AB:Receives antitrust clearance for the acquisition of Edwards Group Ltd.Expects to close the transaction later on Jan. 9.Edwards Group is a United Kingdom-based company specializing in sophisticated vacuum products and abatement solutions.  Full Article

UPDATE 1-Atlas Copco stands by outlook for slightly higher demand

(Adds details about outlook, acquisitions, adds CHARLOTTE to dateline)

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