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Lindsay Corp (LNN)

LNN on New York Consolidated

73.11USD
23 Sep 2016
Change (% chg)

$-0.84 (-1.14%)
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Latest Key Developments (Source: Significant Developments)

Lindsay sets regular qtrly cash dividend of $0.29/shr
Thursday, 21 Jul 2016 06:45am EDT 

Lindsay Corp : Lindsay Corp says new quarterly cash dividend rate represents a 4% increase .Sets regular quarterly cash dividend of $0.29 per share.  Full Article

Lindsay Corp Q3 EPS $0.90
Thursday, 30 Jun 2016 06:45am EDT 

Lindsay Corp : Lindsay Corp says backlog of unshipped orders at may 31, 2016 was $61.2 million compared with $53.2 million at may 31, 2015 . Lindsay Corporation reports fiscal 2016 third quarter results . Q3 earnings per share $0.90 . Q3 revenue $141.3 million versus i/b/e/s view $147.5 million .Q3 earnings per share view $0.99 -- Thomson Reuters I/B/E/S.  Full Article

Lindsay Corp announces leadership changes
Monday, 4 Apr 2016 05:30pm EDT 

Lindsay Corp:Brian Ketcham joins Lindsay as Vice President and Chief Financial Officer.Says Ketcham will succeed Jim Raabe.  Full Article

Lindsay Corporation increases cash dividend and share repurchase authorization
Wednesday, 22 Jul 2015 07:58pm EDT 

Lindsay Corporation:Increases cash dividend and share repurchase authorization.Declared a regular quarterly cash dividend of $0.28 per share, payable August 31, 2015, to shareholders of record on August 17, 2015.Regular quarterly cash dividend of $0.28 per share, represents a 4% increase over the previous quarterly indicated rate of $0.27 per share.Says board approved a $100 million increase in its outstanding share repurchase authorization.  Full Article

Lindsay Corporation announces quarterly cash dividend
Thursday, 30 Apr 2015 04:05pm EDT 

Lindsay Corporation:Declares a regular quarterly cash dividend of $0.27 per share.Payable May 29 to shareholders of record on May 15.  Full Article

Lindsay Corp announces chairman change - Form 8-K
Tuesday, 27 Jan 2015 04:28pm EST 

Lindsay Corp:Elects Michael C. Nahl to serve as chairman, succeeding Michael N. Christodolou who will continue as a director.  Full Article

Lindsay Corp completes acquisition of Elecsys Corp
Friday, 23 Jan 2015 07:00am EST 

Lindsay Corp:Says the completion of its acquisition of Elecsys Corp, provider of machine-to-machine (M2M) technology solutions and custom electronic systems.Elecsys shareholders will receive $17.50 per share in cash for each share of common stock they owned as of the effective time of the merger, without interest and less any applicable withholding taxes.The agreement was announced on Nov. 4, 2014 and approved at a special meeting of Elecsys stockholders held on Jan. 22 by over 99 pct of shares voted.Headquartered in Olathe, KS, Elecsys will continue to be operated by its current management team. As a result of the merger, the common stock of Elecsys will no longer be listed for trading on the NASDAQ exchange as of Jan. 23.  Full Article

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

BRIEF-Lindsay Corp Q3 EPS $0.90

* Lindsay Corp says backlog of unshipped orders at may 31, 2016 was $61.2 million compared with $53.2 million at may 31, 2015