Key Developments: Lindsay Corp (LNN)

LNN on New York Consolidated

84.27USD
18 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Lindsay Corp declares dividend
Friday, 5 Dec 2014 04:05pm EST 

Lindsay Corp:Declared regular quarterly cash dividend of $0.27 per share.Dividend payable on Feb. 27, 2015 to shareholders of record on Feb. 13, 2015.  Full Article

Lindsay Corporation agrees to acquire Elecsys Corporation
Tuesday, 4 Nov 2014 05:00pm EST 

Lindsay Corporation:Enters into a definitive agreement to acquire Elecsys Corporation, a provider of machine-to-machine (M2M) technology solutions and custom electronic systems.Under the terms of the agreement, Lindsay will acquire Elecsys for $17.50 per share in cash, for a total purchase price of about $70.5 mln, which includes the cashing out of Elecsys' equity compensation awards.Agreement has been unanimously approved by both the Lindsay and Elecsys boards of directors.Upon closing of the transaction, Elecsys will become a wholly owned subsidiary of Lindsay Corporation and will continue to be operated by the company's current management team.Parties are targeting a Jan. 2015 closing.While Lindsay has sufficient cash on hand to consummate this acquisition, Lindsay expects to take advantage of attractive debt market interest rates in support of this acquisition as it continues to execute on its capital allocation plan.  Full Article

Lindsay Corp declares regular quarterly cash dividend
Thursday, 25 Sep 2014 04:30pm EDT 

Lindsay Corp:Declares regular quarterly cash dividend of $0.27 per share, payable Nov. 28, to shareholders of record on Nov. 14.  Full Article

Lindsay Corp increases cash dividend
Friday, 25 Jul 2014 07:00am EDT 

Lindsay Corp:Declares regular quarterly cash dividend of $0.27 per share.Payable on Aug. 29.Record date on Aug. 15.This quarterly cash dividend rate represents 4 pct increase over the previous quarterly indicated rate of $0.26 per share.  Full Article

Lindsay Corp announces quarterly cash dividend
Monday, 5 May 2014 04:37pm EDT 

Lindsay Corp:Declares a regular quarterly cash dividend of $0.26 per share.Payable on May 30 to shareholders of record on May 16.  Full Article

Lindsay Corp declares dividend
Friday, 3 Jan 2014 07:00am EST 

Lindsay Corp:Says its Board of Directors increases its regular quarterly cash dividend by 100 pct to $0.26 per share, payable Feb. 28.  Full Article

Lindsay Corp Announces Quarterly Cash Dividend
Wednesday, 2 Oct 2013 07:00am EDT 

Lindsay Corp announced that its Board of Directors has declared a regular quarterly cash dividend of $0.13 per share, payable November 29, 2013, to shareholders of record on November 15, 2013.  Full Article

Lindsay Corp Acquires Claude Laval Corporation
Friday, 16 Aug 2013 04:01pm EDT 

Lindsay Corp announced that it has completed the acquisition of Claude Laval Corp, also known as LAKOS Separators and Filtration Solutions, in a stock purchase transaction. As a privately-held company based in Fresno, California, LAKOS has operated for over 40 years, providing filtration solutions for groundwater, agriculture, industrial and heat transfer markets, worldwide.  Full Article

Lindsay Corp Increases Cash Dividend
Thursday, 25 Jul 2013 04:10pm EDT 

Lindsay Corp announced that its Board of Directors has declared a regular quarterly cash dividend of $0.13 per share, payable August 30, 2013, to shareholders of record on August 16, 2013. This quarterly cash dividend rate represents a 13% increase in the previous quarterly indicated rate of $0.115 per share.  Full Article

Lindsay Corp Announces Quarterly Cash Dividend
Friday, 3 May 2013 04:05pm EDT 

Lindsay Corp announced that Board of Directors has declared a regular quarterly cash dividend of $0.115 per share, payable May 31, 2013, to shareholders of record on May 17, 2013.  Full Article

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