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United States

Tennant Co (TNC.N)

TNC.N on New York Stock Exchange

70.70USD
24 Mar 2017
Change (% chg)

$-0.15 (-0.21%)
Prev Close
$70.85
Open
$70.85
Day's High
$71.30
Day's Low
$70.25
Volume
27,003
Avg. Vol
28,117
52-wk High
$76.70
52-wk Low
$49.82

Latest Key Developments (Source: Significant Developments)

Tennant company announces agreement with Ambienta to acquire IPC Group
Thursday, 23 Feb 2017 08:45am EST 

Tennant Co - : Tennant company announces agreement with Ambienta to acquire IPC group . All-cash transaction valued at $350 million . Tennant anticipates that acquisition will be accretive to 2018 full year earnings per share . Tennant anticipates deal will provide incremental sales opportunities for both companies going forward . Tennant expects acquisition to be completed in 2017 q2 .Both companies' brands will continue to operate in their markets.  Full Article

Tennant announces exclusive agreement to distribute i-mop in North America
Monday, 13 Feb 2017 08:45am EST 

Tennant Co : Tennant announces exclusive agreement to distribute i-mop in North America .Tennant co-i-team North America will begin selling and servicing i-mop starting April 3, 2017.  Full Article

Tennant Company board authorizes quarterly dividend increase and repurchase of shares
Monday, 31 Oct 2016 05:00pm EDT 

Tennant Co : Increases quarterly cash dividend by 5 percent to $0.21 per share . Tennant Co - Tennant board of directors also authorized a new share repurchase program of up to one million shares of company's common stock . Tennant Co - new share repurchase program in addition to approximately 395,000 shares remaining under its current repurchase program .Tennant Company board authorizes 5 percent quarterly dividend increase and repurchase of additional one million shares.  Full Article

Tennant narrows 2016 full year sales and EPS guidance ranges
Tuesday, 25 Oct 2016 07:15am EDT 

Tennant Co : Tennant company reports 2016 third quarter results . Sees fy 2016 earnings per share $2.40 to $2.60 . Q3 earnings per share $0.64 . Sees fy 2016 sales $805 million to $815 million . Q3 sales $200.1 million versus i/b/e/s view $203.1 million . Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S . Tennant co says company narrows 2016 full year sales and eps guidance ranges . Fy2016 earnings per share view $2.50, revenue view $812.7 million -- Thomson Reuters I/B/E/S . Tennant -foreign currency exchange headwinds in 2016 are estimated to negatively impact operating profit in range of $2 million to $3 million . Tennant co - foreign currency exchange headwinds in 2016 are estimated to negatively impact operating profit in the range of $2 million to $3 million . Tennant co - foreign currency exchange headwinds in 2016 estimated to negatively impact operating profit in range of about $0.08 to $0.12 per diluted share Further company coverage: [TNC.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tennant Co reports Q2 earnings of $0.85/share
Tuesday, 26 Jul 2016 08:45am EDT 

Tennant Co : Q2 earnings per share $0.85 . Q2 earnings per share view $0.72 -- Thomson Reuters I/B/E/S . Q2 sales $216.8 million versus I/B/E/S view $210.6 million . Tennant Co quarterly organic net sales rose 2.4 percent . Sees 2016 capital expenditures in range of $25 million to $30 million . Expects its 2016 financial results to be stronger in second half of year . Says on a "constant currency" basis 2016 full year earnings are anticipated to be in range of $2.50 to $2.70 per diluted share . Raises full year 2016 earnings per share view to between $2.35 to $2.60 . Sees full year 2016 sales $800 million to $820 million . Company narrows 2016 full year sales guidance, raises EPS guidance range . Company is on track to introduce 14 new products, mostly industrial machines, in 2016 . Narrowing FY revenue guidance, raising earnings guidance to reflect less adverse foreign currency exchange environment than previously anticipated . Estimated slightly higher effective tax rate in 2016 is also anticipated to negatively impact EPS by approximately $0.05 in 2016 . Full year 2016 earnings per share view $2.36, revenue view $807.6 million -- Thomson Reuters I/B/E/S .Foreign currency exchange headwinds in 2016 are estimated to negatively impact operating profit in range of $3 million to $4 million for 2016.  Full Article

Tennant Company declares regular quarterly cash dividend
Wednesday, 27 Apr 2016 05:00pm EDT 

Tennant Company:Declared a regular quarterly cash dividend of 20 cents per share payable June 15, 2016, to shareholders of record at the close of business on May 31, 2016.  Full Article

Tennant Co declares regular quarterly cash dividend
Wednesday, 17 Feb 2016 05:00pm EST 

Tennant Co:Declared a regular quarterly cash dividend of 20 cents per share.Payable on March 15 to shareholders of record date as on February 29.  Full Article

Tennant Co declares regular quarterly cash dividend
Monday, 9 Nov 2015 05:00pm EST 

Tennant Co:Declared a regular quarterly cash dividend of 20 cents per share payable December 15, 2015, to shareholders of record at the close of business on November 30, 2015.  Full Article

Tennant co declares regular quarterly cash dividend
Wednesday, 19 Aug 2015 05:00pm EDT 

Tennant Co:Declared a regular quarterly cash dividend of 20 cents per share.Payable Sept. 15, to shareholders of record at the close of business on Aug. 31.  Full Article

Tennant Co updates FY 2015 revenue guidance and reaffirms FY 2015 EPS guidance
Thursday, 23 Jul 2015 08:45am EDT 

Tennant Co:Expects FY 2015 net sales in the range of $825-$845 million.Expects FY 2015 earnings in the range of $2.40 to $2.70 per diluted share.FY 2015 revenue of $840.7 and EPS of $2.59 - Thomson Reuters I/B/E/S.  Full Article

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BRIEF-Tennant company announces agreement with Ambienta to acquire IPC Group

* Tennant company announces agreement with Ambienta to acquire IPC group