Key Developments: Revlon Inc (REV)

REV on New York Consolidated

30.71USD
30 Jul 2014
Price Change (% chg)

$0.94 (+3.16%)
Prev Close
$29.77
Open
$29.75
Day's High
$31.02
Day's Low
$29.75
Volume
78,451
Avg. Vol
56,422
52-wk High
$32.29
52-wk Low
$22.12

Search Stocks

Latest Key Developments (Source: Significant Developments)

Revlon Inc Names Lorenzo Delpani As President And Chief Executive Officer
Thursday, 31 Oct 2013 09:00am EDT 

Revlon Inc announced that its Board of Directors elected Lorenzo Delpani as Revlon's President and Chief Executive Officer, effective November 1, 2013. Mr. Delpani replaces David Kennedy, who served briefly as Revlon's Interim Chief Executive Officer and who will continue to serve as Revlon's Vice Chairman. Mr. Delpani was also appointed to serve as a member of Revlon's Board of Directors, as well as the Board of Revlon's wholly owned operating subsidiary, Revlon Consumer Products Corporation.  Full Article

Revlon Inc's Subsidiary Completes Acquisition Of Colomer Group
Wednesday, 9 Oct 2013 08:30am EDT 

Revlon Inc announced that its wholly owned operating subsidiary, Revlon Consumer Products Corporation, completed its previously-disclosed acquisition of The Colomer Group, including the Revlon Professional business, for a cash purchase price of $665 million after giving effect to purchase price adjustments set forth in the share purchase agreement. The Company financed this acquisition with proceeds from the previously-disclosed $700 million upsizing of its bank term loan facility.  Full Article

Revlon Inc Names David L. Kennedy Interim CEO
Wednesday, 2 Oct 2013 09:15am EDT 

Revlon Inc announced that its Board of Directors has elected David L. Kennedy as Vice Chairman and Interim Chief Executive Officer (CEO). He succeeds Alan Ennis, who has decided to leave the Company to pursue other interests. Mr. Kennedy's appointment is effective immediately and Revlon anticipates the appointment of his successor in the near term.  Full Article

Revlon Inc Announces Regular Dividend On Series A Preferred Stock
Wednesday, 18 Sep 2013 09:15am EDT 

Revlon Inc announced that its Board of Directors has declared the final Regular Dividend of $0.167434 per share on the Series A Preferred Stock for the period from July 9, 2013 through October 8, 2013 (representing a 92-day period). The Regular Dividend referred to in this press release is payable on October 8, 2013 to holders of record of the Series A Preferred Stock at the close of business on September 27, 2013.  Full Article

Revlon Inc's Subsidiary Acquires Colomer Group In All-Cash Transaction
Monday, 5 Aug 2013 08:00am EDT 

Revlon Inc announced that its wholly owned operating subsidiary, Revlon Consumer Products Corporation, has signed a definitive agreement to acquire all of the stock of The Colomer Group, a privately-held beauty care company focused on the professional salon channel. The acquisition is expected to close in the fourth quarter of 2013, subject to certain customary conditions and regulatory approvals, and the cash purchase price of $660 million is subject to certain adjustments through the closing date. Revlon expects to finance the acquisition using funds underwritten by Citigroup Global Markets Inc. pursuant to commitments entered into contemporaneously with the purchase agreement.  Full Article

Revlon Inc Form Elects Lawrence Alletto As Chief Financial Officer-Form 8-K
Wednesday, 31 Jul 2013 09:00am EDT 

Revlon Inc reported in its Form 8-K that on July 30, 2013, the Company's Board of Directors elected Lawrence Alletto as Executive Vice President and Chief Financial Officer (CFO), effective upon his commencement date, which is expected to occur no later than October 31, 2013, and as Chief Administrative Officer, effective following his commencement date and Mr. Kretzman’s retirement. Mr. Alletto’s election as CFO fills the vacancy in that position created by the resignation of the Company’s former CFO, as previously disclosed in a Current Report on Form 8-K filed by the Company with the SEC on June 19, 2013.  Full Article

Revlon Inc Announces Resignation Of CFO-Form 8-K
Wednesday, 19 Jun 2013 09:16am EDT 

Revlon Inc reported in its Form 8-K that on June 18, 2013, Steven Berns, Executive Vice President and Chief Financial Officer (CFO) for Revlon, Inc. (Revlon) and Revlon Consumer Products Corporation, Revlon’s wholly owned operating subsidiary, tendered his resignation from the Company effective July 19, 2013 to accept the position of Executive Vice President, Chief Financial Officer (CFO) of Tribune Company, a multimedia company. Upon Mr. Berns’ departure, Jessica Graziano, the Company’s Senior Vice President, Corporate Controller and Chief Accounting Officer, will serve as the interim Principal Financial Officer until such time as a successor is named.  Full Article

Revlon Inc Announces Regular Dividend On Series A Preferred Stock
Thursday, 13 Jun 2013 04:30pm EDT 

Revlon Inc announced that its Board of Directors has declared a Regular Dividend of $0.165614 per share on the Series A Preferred Stock for the period from April 9, 2013 through July 8, 2013 (representing a 91-day period).  Full Article

Revlon Inc To Pay $850,000 To Settle SEC Charges It Misled Investors-DJ
Thursday, 13 Jun 2013 10:25am EDT 

Dow Jones reported that Revlon Inc has agreed to pay a $850,000 penalty to settle U.S. Securities and Exchange Commission charges that it misled shareholders during a going-private transaction.  Full Article

Revlon Inc Announces Regular Dividend On Series A Preferred Stock
Friday, 15 Mar 2013 04:15pm EDT 

Revlon Inc announced that the regular dividends are payable quarterly in cash in arrears on October 8, January 8, April 8 and July 8 of each year, or the next business day if such date is not a business day, if declared. The Series A Preferred Stock is mandatorily redeemable on October 8, 2013. The full terms and conditions of the Series A Preferred Stock are set forth in the Certificate of Designation for the Series A Preferred Stock, which Revlon filed with the SEC on October 8, 2009. Revlon announced that its Board of Directors has declared a Regular Dividend of $0.163794 per share on the Series A Preferred Stock for the period from January 9, 2013 through April 8, 2013 (representing a 90-day period). The Regular Dividend referred to in this press release is payable on April 8, 2013 to holders of record of the Series A Preferred Stock at the close of business on March 28, 2013.  Full Article

Photo

Henkel to buy three U.S. hair care brands for $370 million

FRANKFURT/LONDON - Germany's Henkel will buy three U.S. hair care companies for 270 million euros ($370 million) in cash as the household products and industrial glues maker aims to strengthen its business with hair salons.

Search Stocks