Edition:
United States

Lincoln Electric Holdings Inc (LECO.OQ)

LECO.OQ on NASDAQ Stock Exchange Global Select Market

85.56USD
24 Mar 2017
Change (% chg)

$0.09 (+0.11%)
Prev Close
$85.47
Open
$85.62
Day's High
$86.66
Day's Low
$85.10
Volume
130,380
Avg. Vol
164,233
52-wk High
$88.67
52-wk Low
$56.02

Latest Key Developments (Source: Significant Developments)

Lincoln Electric Holdings CEO Christopher Mapes's FY 2016 total compensation was $6.7 mln
Monday, 20 Mar 2017 03:36pm EDT 

Lincoln Electric Holdings Inc :CEO Christopher Mapes's FY 2016 total compensation $6.7 million versus $5.34 million in FY 2015 - sec filing.  Full Article

Lincoln Electric enters into exclusive negotiations with Air Liquide
Thursday, 2 Mar 2017 04:05pm EST 

Lincoln Electric Holdings Inc : Lincoln Electric enters into exclusive negotiations with Air Liquide to acquire its Air Liquide welding subsidiary .Lincoln Electric -J.P. Morgan Securities Llc is acting as financial advisor and jones day is acting as legal advisor to Lincoln Electric.  Full Article

Air Liquide enters into negotiations with Lincoln Electric to sell its subsidiary
Thursday, 2 Mar 2017 04:05pm EST 

Lincoln Electric Holdings Inc :Air Liquide enters into exclusive negotiations with Lincoln Electric to sell its Air Liquide welding subsidiary.  Full Article

Lincoln Electric says Q2 adjusted earnings $0.83/ share
Monday, 25 Jul 2016 07:30am EDT 

Lincoln Electric Holdings Inc : Reports second quarter 2016 results . Says Q2 adjusted earnings $0.83 per share . Q2 earnings $0.45 per share . Q2 shr view $0.83 -- THOMSON REUTERS I/B/E/S . Q2 sales $592.4 million vs I/B/E/S view $589.1 million . Says during July 2016, company committed to pricing on private placement debt in aggregate principal amount of $350.0 million . Says debt will have maturities ranging from 12 to 25 years and a weighted average effective interest rate of 3.1 percent .Qtrly sales declined 10.9 percent primarily due to lower volumes.  Full Article

Lincoln Electric announces new share repurchase program and declares quarterly dividend
Wednesday, 20 Apr 2016 04:15pm EDT 

Lincoln Electric:Approved a new share repurchase program authorizing the Company to repurchase, in the aggregate, up to 10 million of its outstanding common stock.New program, in addition to the 2.8 million shares remaining from the prior program, represents approximately 18% of the diluted weighted average shares outstanding as of March 31, 2016.Under the authorization program, Lincoln Electric may repurchase shares on the open market or through privately negotiated transactions from time to time, depending on market conditions and subject to other factors.Additionally, the board declared a quarterly cash dividend of $0.32 per share, payable July 15, 2016, to holders of record as of June 30, 2016.  Full Article

Lincoln Electric Board Declares Dividend
Wednesday, 17 Feb 2016 04:30pm EST 

Lincoln Electric Holdings, Inc:declared a quarterly cash dividend of $0.32 per common share, payable April 15, 2016 to shareholders of record as of March 31, 2016.  Full Article

Lincoln Electric Holdings Approves 10.3 pct Dividend Increase
Tuesday, 27 Oct 2015 04:16pm EDT 

Lincoln Electric Holdings Inc:Approved a 10.3 pct increase in the quarterly cash dividend, from $0.29 per share to $0.32 per share, or to $1.28 per share on an annualized basis.The declared quarterly cash dividend of $0.32 per common share is payable Jan. 15, 2016 to shareholders of record as of Dec. 31.  Full Article

Lincoln Electric to purchase group annuity contract for retiree pension benefits
Wednesday, 19 Aug 2015 07:30am EDT 

Lincoln Electric Holdings Inc:To purchase group annuity contract for retiree pension benefits.Says it has entered into an agreement to purchase a group annuity contract from the principal financial group.Says agreement to settle $425 million of Lincoln electric's approximate $900 million in outstanding U.S. pension obligations.Says expects to incur a non-cash pension settlement charge of about $132 million in the third quarter.Says the purchase will be funded by existing plan assets and requires no cash contribution.Principal to assume obligation to pay benefits starting Nov. 1, for specified US retirees,surviving beneficiaries retired before june1.Says annuity purchase will not impact the monthly pension benefits Lincoln Electric retirees and surviving beneficiaries receive.  Full Article

Lincoln Electric Holdings, Inc acquires Specialised Welding Products
Friday, 7 Aug 2015 08:42am EDT 

Lincoln Electric Holdings, Inc:Acquires specialised welding products (swp).Says terms of the transaction were not disclosed.Swp is headquartered in Melbourne, Australia, will continue to operate independently as entity of Lincoln Electric Australia.  Full Article

Lincoln Electric acquires Rimrock Holdings Corp
Tuesday, 4 Aug 2015 07:30am EDT 

Lincoln Electric Holdings Inc:Acquires rimrock holdings corporation.Says terms of the transaction were not disclosed.  Full Article

More From Around the Web

BRIEF-Lincoln Electric Holdings CEO Christopher Mapes's FY 2016 total compensation was $6.7 mln

* CEO Christopher Mapes's FY 2016 total compensation $6.7 million versus $5.34 million in FY 2015 - sec filing Source text : http://bit.ly/2mlYSKZ Further company coverage: