Griffon Corp (GFF) Key Developments | Reuters.com
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Griffon Corp (GFF)

GFF on New York Consolidated

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Latest Key Developments (Source: Significant Developments)

Griffon Corporation announces $100 mln add-on offering of senior notes
Friday, 13 May 2016 10:08am EDT 

: Commence an add-on offering through a private placement of $100 million in aggregate principal amount of senior notes due 2022 . Says intends to use proceeds of offering to repay a portion of its outstanding borrowings under its revolving credit facility .Says Griffon may re-borrow amounts repaid under its revolving credit facility for general corporate purposes.  Full Article

Griffon corp increases equity stake in Mahindra Telephonics from 26% to 49%
Tuesday, 8 Dec 2015 08:32am EST 

Griffon Corp:Defence systems - telephonics has increased its equity interest in their jv, Mahindra telephonics integrated systems (mtis), from 26% to 49%.Defence systems says telephonics corporation increased equity interest in their jv.  Full Article

Griffon Corp declares quarterly dividend
Thursday, 12 Nov 2015 04:05pm EST 

Griffon Corp:Declared a regular quarterly cash dividend of $0.05 per share.A 25% increase over the prior quarter.Dividend is payable on December 23, 2015 to shareholders of record as of the close of business on December 3, 2015.  Full Article

Griffon Corp receives communications system contract from LIRR
Tuesday, 27 Oct 2015 08:21am EDT 

Griffon Corp:Secures contract from the Long Island Rail Road (LIRR) to provide Communications Control Units (CCUs) to update the mass transit agency's communications systems on the current diesel fleet, including locomotives, trailers and cab cars.Says contract, valued at $10 mln, includes replacement of the existing CCUs with new units, providing advanced capabilities and long-term supportability.  Full Article

Griffon Corporation Announces $50mm Share Buyback Authorization
Thursday, 30 Jul 2015 04:03pm EDT 

Griffon Corporation:Announces $50mm share buyback authorization.  Full Article

Griffon Corp declares quarterly dividend
Thursday, 30 Jul 2015 12:25pm EDT 

Griffon Corp:Declared a regular quarterly cash dividend of $0.04 per share.Dividend is payable on Sept. 23, 2015 to shareholders of record as of the close of business on Aug. 20, 2015.  Full Article

Griffon Corp announces CFO transition
Tuesday, 2 Jun 2015 08:30am EDT 

Griffon Corp:Says that Brian G. Harris has been named Senior Vice President and Chief Financial Officer, effective Aug. 1.Says Harris has served as Vice President and Controller of Griffon since November 2012, and as Chief Accounting Officer since July 2009. He will report to Robert F. Mehmel, Griffon's President and Chief Operating Officer.  Full Article

Griffon Corp declares regular quarterly cash dividend
Thursday, 30 Apr 2015 11:23am EDT 

Griffon Corp:Declares regular quarterly cash dividend of $0.04 per share.Payable on June 25, to shareholders of record as of the close of business on May 22.  Full Article

Griffon Corp's Telephonics receives LATAM Airlines Group contract for TruLink Intercommunications System
Monday, 27 Apr 2015 08:23am EDT 

Griffon Corp:Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation, announced that it has received contract from LATAM Airlines Group for the TruLink Wireless Intercommunications system.To be used by pre-flight check crews at the Arturo Merino Benitez International Airport in Santiago, Chile, one of LATAM Airlines Group's main base of operations.This initial contract, for about 50 systems, marks the first time that TruLink will be used by commercial airline flight crews in South America.  Full Article

Griffon announces $50 million share buyback authorization
Friday, 20 Mar 2015 08:30am EDT 

Griffon Corp:Authorized the repurchase of an additional $50 million of Griffon's outstanding common stock.Prior to this authorization and after giving effect to the purchase of 1,341,200 shares for total of $20.1 million in the current quarter through and including March 19, about $6.5 million was available from the prior May 2014 authorization.Accordingly, Griffon now has a total of $56.5 million available for the purchase of its shares of common stock.  Full Article

BRIEF-Griffon Corporation announces $100 mln add-on offering of senior notes

* Commence an add-on offering through a private placement of $100 million in aggregate principal amount of senior notes due 2022