Key Developments: Koppers Holdings Inc (KOP)
41.63USD
24 May 2013
$0.06 (+0.14%)
$41.57
$41.33
$41.70
$41.16
30,025
100,366
$46.48
$29.30
Latest Key Developments (Source: Significant Developments)
Koppers Holdings Inc Declares Regular Dividend
Koppers Holdings Inc announced that Board of Directors has declared a quarterly dividend of $0.25 per common share, payable July 8, 2013, to stockholders of record as of the close of business on May 13, 2013. Full Article
Koppers Holdings Inc Issues Q1 2013 EPS Guidance In Line With Analysts' Estimates-Conference Call
Koppers Holdings Inc announced that for first quarter of 2013, it expects adjusted earnings per share (EPS) be below adjusted EPS of $0.74 for the first quarter of 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $0.73 for first quarter of 2013. Full Article
Koppers Holdings Inc Board Boosts Dividend
Koppers Holdings Inc announced that it has declared a quarterly dividend of $0.25 per common share, payable April 8, 2013, to shareholders of record as of the close of business on February 19, 2013. The quarterly dividend amount of $0.25 represents a four % increase over the previous quarterly dividend rate of $0.24 per share. Full Article
Koppers Holdings Inc's Koppers Inc Signs Three Year Contract With Norfolk Southern For Rail Joints
Koppers Holdings Inc's Koppers Inc and Norfolk Southern Railway Company Inc. announced that they have agreed to a three-year contract for bonded rail joint assemblies. In addition to bonded rail joint assemblies, Koppers provides various other types of rail joint bar and track component products along with treated railroad crossties and other treated products and services to Norfolk Southern. Koppers will provide the bonded rail joint assemblies for this contract from its facility located in Huntington, West Virginia. Full Article
Koppers Holdings Inc Lowers FY 2012 EPS Guidance-Conference Call
Koppers Holdings Inc announced that for fiscal 2012, it expects an adjusted EPS level of 10% to 15% higher than last year's restated adjusted EPS of $2.86. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $3.35 for fiscal 2012. Full Article
Koppers Holdings Inc Declares Quarterly Dividend
Koppers Holdings Inc announced that the board of directors have declared a quarterly dividend of $0.24 per common share, payable January 7, 2013, to stockholders of record as of the close of business on November 19, 2012. Full Article
Koppers Holdings Inc's Koppers Wood Products Pty Ltd Announces Agreement To Acquire Ridolfo Forestry Products Business In Western Australia
Koppers Wood Products Pty Ltd, a subsidiary of Koppers Holdings Inc. announced an agreement to acquire the Western Poles (Western Poles) business from Ridolfo Forestry Products Pty Limited (Ridolfo), for an undisclosed purchase price. The closing of the transaction is subject to certain conditions and is expected to be completed by the end of November 2012. Western Poles conducts business primarily in the State of Western Australia procuring and processing timber for the Western Australian utility pole market. Their primary customer is Western Power, which maintains approximately 660,000 utility poles in its system. Full Article
Koppers Holdings Inc's Koppers International B.V. Announces Formation Of Majority Owned Joint Venture Company
Koppers Holdings Inc announced that its Board of Directors has approved the formation of a majority owned joint venture company by its wholly owned subsidiary, Koppers International B.V., to design and construct a tar distillation plant in partnership with Yizhou Group in Pizhou City, Jiangsu Province, China. The tar distillation facility will be part of an integrated carbon production complex comprised of three plants, including a 300,000 metric ton coal tar distillation plant and two downstream plants producing needle coke and carbon black. The downstream facilities will be owned primarily by subsidiaries of Nippon Steel Chemical Co., Ltd. (Nippon Steel Chemical). It is expected that a significant majority of the production from the coal tar distillation plant will be dedicated for the production of needle coke and carbon black. Plant construction is expected to commence in late 2012 with completion targeted for the first half of 2014. Full Article
Koppers Holdings Inc Reaffirms FY 2012 EPS Guidance-Conference Call
Koppers Holdings Inc announced that despite these continued headwinds, it is continue to believe to will finish fiscal 2012 with an adjusted EPS level of 20% higher than last year's adjusted EPS of $2.86. Full Article
Koppers Holdings Inc. Declares Regular Dividend
Koppers Holdings Inc. announced that the Board of Directors declared a quarterly dividend of $0.24 per common share, payable October 9, 2012, to stockholders of record as of the close of business on August 20, 2012. Full Article
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