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TransDigm Group Inc (TDG.N)

TDG.N on New York Stock Exchange

263.28USD
23 May 2017
Change (% chg)

$5.88 (+2.28%)
Prev Close
$257.40
Open
$258.61
Day's High
$263.86
Day's Low
$258.24
Volume
248,202
Avg. Vol
282,053
52-wk High
$294.09
52-wk Low
$203.72

Latest Key Developments (Source: Significant Developments)

Tiger Global Management reports 7.7 pct stake in Transdigm Group
Monday, 22 May 2017 04:18pm EDT 

May 22 (Reuters) - Transdigm Group Inc ::Tiger Global Management Llc reports 7.7 percent stake in Transdigm Group Inc as of may 18, 2017 - sec filing.  Full Article

Tiger Global Management takes share stake in Apollo Global Management, raises share stake in Domino's Pizza
Monday, 15 May 2017 02:39pm EDT 

May 15 (Reuters) - Tiger Global Management LLC:Tiger Global Management takes share stake of 23.3 million Class A shares in Apollo Global Management - SEC filing.Tiger Global Management raises share stake in Domino's Pizza Inc to 2.9 million shares from 612,289 shares.Tiger Global Management raises share stake in Transdigm Group Inc to 2.5 million shares from 428,771 shares.Tiger Global Management - Change in holdings are as of March 31, 2017 and compared with the previous quarter ended as of Dec 31, 2016.  Full Article

Transdigm Group reports Q2 earnings per share $2.78
Tuesday, 9 May 2017 07:15am EDT 

May 9 (Reuters) - Transdigm Group Inc : :Transdigm group reports fiscal 2017 second quarter results.Q2 adjusted earnings per share $3.02.Q2 earnings per share $2.78.Q2 sales $873.2 million versus I/B/E/S view $892.3 million.Q2 earnings per share view $3.01 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $9.16 to $9.40.Sees FY 2017 sales $3.53 billion to $3.57 billion.Transdigm Group Inc - sees FY adjusted earnings per share to be in range of $12.09 to $12.33 per share.FY2017 earnings per share view $12.22, revenue view $3.56 billion -- Thomson Reuters I/B/E/S.  Full Article

Representative Khanna asks defense department to investigate Transdigm
Tuesday, 21 Mar 2017 02:58pm EDT 

:Representative Ro Khanna sends letter to Defense Department Inspector General asking for investigation into business practices of Transdigm Group.  Full Article

TransDigm Group says on March 6 entered into Amendment No 2 to Credit Agreement - SEC filing
Wednesday, 8 Mar 2017 03:58pm EST 

TransDigm Group Inc : On March 6, 2017, unit, TD Group and certain subsidiaries of TransDigm entered into Amendment No. 2 -SEC filing . Amendment permits, among other things, up to $1.5 billion of dividends and share repurchases over the next twelve months - SEC filing . Amendment also increases general investment basket to greater of $400 million and 8% of consolidated total assets . On March 7, Board authorized a new stock repurchase program permitting repurchase of portion of shares not to exceed $600 million .Stock repurchase program replaces previous repurchase program, which had remaining amount of repurchases allowable of about $213 million.  Full Article

Transdigm Group prices offering of $300 million of additional senior subordinated notes
Friday, 24 Feb 2017 04:15pm EST 

Transdigm Group Inc : Transdigm Group prices offering of $300 million of additional senior subordinated notes . Transdigm Group Inc - notes will be an additional issuance of company's existing 6.500 pct senior subordinated notes due 2025 . Transdigm Group Inc - notes will be issued at a price of 101.500 pct of their principal amount. . Transdigm Group Inc - offering is expected to close on march 1, 2017 .Transdigm group - on Feb. 24, co's unit priced private offering of additional $300 million principal amount of 6.500pct senior subordinated notes due 2025.  Full Article

Transdigm announces proposed private offering of $300 mln of additional senior subordinated notes due 2025
Friday, 24 Feb 2017 07:25am EST 

Transdigm Group Inc : Transdigm Group announces proposed private offering of $300 million of additional senior subordinated notes due 2025 . Transdigm Group Inc - notes will be an additional issuance of company's existing 6.500% senior subordinated notes due 2025 . Transdigm Group Inc - unit is planning to offer an additional $300 million aggregate principal amount of 6.500% senior subordinated notes due 2025 .Transdigm Group Inc - also intends to use net proceeds from offering of notes to replenish approximately $90 million of cash on its balance sheet.  Full Article

Takata to sell stake and business in units to TransDigm Group Inc
Thursday, 23 Feb 2017 02:35am EST 

Takata Corp <7312.T> : Says it plans to sell 100 percent stake in unit SCHROTH Safety Products GmbH and entire business in unit Takata Protection Systems Inc and Interiors In Flight Inc, to TransDigm Group Inc, on Feb. 22 (U.S. local time) .Says transaction amount is about 9.9 billion yen ($90 million).  Full Article

TransDigm Group posts Q1 adjusted earnings per share $2.57
Tuesday, 7 Feb 2017 07:15am EST 

TransDigm Group Inc : TransDigm Group reports fiscal 2017 first quarter results . Q1 adjusted earnings per share $2.57 . Q1 earnings per share $0.41 . Q1 sales $814 million versus I/B/E/S view $804.5 million . Q1 earnings per share view $2.49 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $9.15 to $9.43 . Sees FY 2017 sales $3.52 billion to $3.57 billion . Fy2017 earnings per share view $12.12, revenue view $3.54 billion -- Thomson Reuters I/B/E/S . TransDigm Group - "we are modestly Increasing our full year guidance to primarily reflect slightly higher revenues and a modest Increase in margin" . TransDigm Group Inc says 2017 adjusted earnings per share are expected to be in range of $12.02 to $12.30 per share .TransDigm Group Inc - business jet and helicopter markets "remained weak" in quarter.  Full Article

Transdigm Group CEO Walter Nicholas Howley's 2016 total compensation $18.7 mln vs. $12.7 mln in 2015
Friday, 20 Jan 2017 09:33am EST 

Transdigm Group Inc :Transdigm Group CEO Walter Nicholas Howley's 2016 total compensation $18.7 million versus $12.7 million in 2015 - sec filing.  Full Article

More From Around the Web

BRIEF-Tiger Global Management reports 7.7 pct stake in Transdigm Group

* Tiger Global Management Llc reports 7.7 percent stake in Transdigm Group Inc as of may 18, 2017 - sec filing Source text - http://bit.ly/2q43K9A Further company coverage: