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Key Developments: Cooper Tire & Rubber Co (CTB)

CTB on New York Consolidated

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26 May 2016
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Latest Key Developments (Source: Significant Developments)

Cooper Tire & Rubber sets quarterly dividend of $0.105 per share
Friday, 6 May 2016 09:15am EDT 

Cooper Tire & Rubber Co :Sets quarterly dividend of $0.105per share.  Full Article

Cooper Tire & Rubber Company says CEO Roy.V.Armes to retire
Tuesday, 23 Feb 2016 07:02am EST 

Cooper Tire & Rubber Company:Says Roy V. Armes, Chairman, Chief Executive Officer and President, intends to retire effective August 31, 2016.Board of Directors plans to elect Bradley E. Hughes as President and Chief Executive Officer effective upon Armes' retirement.Director Thomas P. Capo is expected to become Non-Executive Chairman of the Board effective upon Armes' retirement.  Full Article

Cooper Tire & Rubber Company extends and increases share repurchase program up to $200 million
Tuesday, 23 Feb 2016 07:01am EST 

Cooper Tire & Rubber Company:Extended and increased its share repurchase program by authorizing the repurchase of up to $200 million of the company's outstanding common stock through Dec. 31, 2017.Says $200 million authorization replaces the $74 million remaining on authorization from February 2015.  Full Article

Cooper Tire & Rubber Company Declares Quarterly Dividend
Friday, 19 Feb 2016 10:15am EST 

Cooper Tire & Rubber Company:quarterly dividend of 10.5 cents per share on common stock.payable March 31, 2016, to stockholders of record at the close of business March 3, 2016.  Full Article

Cooper Tire & Rubber Co to acquire majority interest in China JV
Wednesday, 6 Jan 2016 07:00am EST 

Cooper Tire & Rubber Co:To acquire majority interest in China joint venture for truck and bus radial (tbr) tire production.Says deal valued at $93 million.Says Cooper will own 65 percent of the entity.Says to purchase a majority of China-based Qingdao GE rui da rubber co., ltd.  Full Article

Cooper Tire & Rubber Co declares quarterly dividend
Wednesday, 5 Aug 2015 12:30pm EDT 

Cooper Tire & Rubber Co:Declares quarterly dividend of 10.5 cents per share.Payable Sept. 28, to stockholders of record at the close of business Sept. 3.  Full Article

Cooper Tire and Rubber enters into credit agreement for $400 mln revolving credit facility - Form 8-K
Monday, 1 Jun 2015 02:53pm EDT 

Cooper Tire & Rubber Co:Says on May 27 company entered into a credit agreement with JPMorgan Chase Bank, NA.Credit agreement provides for a $400 million revolving credit facility maturing on May 27, 2020.Says revolving credit facility includes a $110 million letter of credit subfacility.  Full Article

Cooper Tire & Rubber Co completes work on $1.5 mln U.S. department of energy grant to develop fuel efficient tires
Thursday, 30 Apr 2015 08:25am EDT 

Cooper Tire & Rubber Co:Has completed work under a $1.5 mln government grant to develop advanced tire technology aimed at increasing vehicle fuel efficiency.Says grant, awarded by U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy, called for Cooper.To develop technology for light vehicle tires that delivered minimum 3 percent improvement in vehicle fuel efficiency while lowering average tire weight by at least 20 percent, all without sacrificing performance.  Full Article

Cooper Tire & Rubber Co announces new $200 mln share repurchase
Monday, 23 Feb 2015 07:31am EST 

Cooper Tire & Rubber Co:Says Board has authorized the repurchase of up to $200 mln of the company's outstanding common stock through Dec. 31, 2016.Says shares will be repurchased from time to time, based on market conditions and will be executed through open market purchases, privately negotiated purchases or otherwise.Says repurchased shares will be held in Treasury and used for general corporate purposes.  Full Article

Cooper Tire & Rubber Co declares quarterly dividend
Friday, 20 Feb 2015 11:15am EST 

Cooper Tire & Rubber Co:Announces quarterly dividend of 10.5 cents per share on common stock, payable March 27, to stockholders of record at the close of business March 4.  Full Article

BRIEF-Cooper Tire & Rubber sets quarterly dividend of $0.105 per share

* Sets quarterly dividend of $0.105per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)