Key Developments: CECO Environmental Corp (CECE.W)
12.26USD
23 May 2013
$0.16 (+1.32%)
$12.10
$12.26
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$12.48
$7.04
Latest Key Developments (Source: Significant Developments)
Ceco Environmental Corp Announces Retirement Of Chairman Phillip DeZwirek
Ceco Environmental Corp announced that effective Phillip DeZwirek is retiring as Chairman and a Director of the Company after his leadership since 1991. Full Article
Ceco Environmental Corp To Acquire Met-Pro Corp
Ceco Environmental Corp announced that it has entered into a definitive agreement to acquire Met-Pro Corp. Met-Pro is a global provider of product recovery, pollution control, fluid handling and filtration solutions. Pursuant to the terms of the definitive agreement, CECO will acquire all of the outstanding shares of Met-Pro common stock in a cash and stock transaction valued at a total of approximately $210 million, or $13.75 per share, which represents a 43% premium to Met-Pro's share price as of the close on April 19, 2013. The consideration includes $7.25 per share in cash and $6.50 per share in CECO common stock. The boards of directors of each of CECO and Met-Pro have unanimously approved the transaction. Full Article
Ceco Environmental Corp Announces Quarterly Dividend
Ceco Environmental Corp announced that the Board of Directors have approved raising its quarterly dividend 11% to $0.05 per share from the previous quarterly dividend of $0.045 per share. The dividend will be paid on March 28, 2013 to all shareholders of record at the close of business on March 18, 2013. Full Article
Ceco Environmental Corp Announces Acquisition Of Aarding Thermal Acoustics B.V
Ceco Environmental Corp announced that it has acquired Aarding Thermal Acoustics B.V., company into natural gas turbine exhaust systems and silencer applications. Financial terms of the acquisition were not disclosed. Full Article
Ceco Environmental Corp Announces New Orders Totaling $11.4 Million
Ceco Environmental Corp announced that it has received several new orders totaling $11.4 million. These new orders were from customers throughout the world in the refinery, automotive, utility and large industry sectors in China, France, the United States, Canada, Mexico and the Middle East, as well as a natural gas utility in Argentina. Full Article
CECO Environmental Corp Announces Quarterly Dividend
CECO Environmental Corp announced that Board of Directors has declared a quarterly cash dividend of $0.045 per share. The dividend will be paid on December 28, 2012, to all shareholders of record at the close of business on December 14, 2012. Full Article
CECO Environmental Corp Announces New Orders Totaling $6.4 Million
CECO Environmental Corp announced that it has received several new orders totaling $6.4 million. These new orders were from customers in the utility, mining, metals, and industrial industries in Malaysia, United States, Canada and Denmark. Full Article
CECO Environmental Corp Announces New Orders Totaling $13 Million
CECO Environmental Corp announced that it recently received several new orders totaling $13 million. These new orders were from customers including one from the petrochemical industry in Australia, one from the polysilicon industry in China and several from the utility, refining, automotive, construction and steel industries in the U.S. Full Article
CECO Environmental Corp Increases Quarterly Dividend 29%
CECO Environmental Corp announced that its Board of Directors is raising its quarterly dividend 29% to $0.045 per share from the previous quarterly dividend of $0.035 per share. The dividend will be paid on September 28, 2012, to all shareholders of record at the close of business on September 14, 2012. Full Article
CECO Environmental Corp Announces New Orders Totaling $9.8 Million
CECO Environmental Corp announced that it has received several new orders totaling $9.8 million. These new orders came from customers in the chemical industry in China as well as power, natural gas, chemical, refining and steel customers in the U.S. Full Article
CECO Environmental to buy Met-Pro for $210 million
April 22 - CECO Environmental Corp said it will buy Met-Pro Corp for $210 million to become the world's largest maker of air pollution control products.
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