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Valspar Corp (VAL.N)

VAL.N on New York Stock Exchange

112.99USD
26 May 2017
Change (% chg)

$0.53 (+0.47%)
Prev Close
$112.46
Open
$112.45
Day's High
$113.07
Day's Low
$112.41
Volume
770,920
Avg. Vol
170,231
52-wk High
$113.07
52-wk Low
$97.64

Latest Key Developments (Source: Significant Developments)

Sherwin-Williams and Valspar reach agreement to sell Valspar's North American Industrial Wood Coatings Business to Axalta Coatings Systems
Wednesday, 12 Apr 2017 06:30am EDT 

Axalta Coating Systems Ltd : Sherwin-Williams and Valspar reach agreement to sell Valspar's North American Industrial Wood Coatings Business to Axalta Coatings Systems .Sherwin-Williams Co - Sale of Valspar's North American Industrial Wood Coatings Business to Axalta is subject to closing of Valspar, Sherwin-Williams Merger.  Full Article

Axalta Coating Systems to acquire Valspar's North American Industrial Wood Coatings Business
Wednesday, 12 Apr 2017 06:30am EDT 

Axalta Coating Systems Ltd : Axalta coating systems to acquire Valspar's North American Industrial Wood Coatings Business . Axalta Coating Systems Ltd - Deal for $420 million in cash . Axalta Coating Systems Ltd- Axalta intends to operate this business as a pure bolt-on . Axalta Coating Systems Ltd - Axalta has secured a financing commitment for transaction through Deutsche Bank AG New York branch . Axalta Coating Systems Ltd - Divesting business in connection with reviews by FTC and CCB of proposed acquisition of Valspar by Sherwin-Williams . Axalta Coating Systems - To acquire personnel, manufacturing sites, research and development assets, underlying IP of Valspar's North American Industrial Wood Coatings Business .Axalta Coating Systems Ltd - Centerview Partners LLC acted as financial advisor to Axalta.  Full Article

Sherwin-Williams and Valspar extend term of merger agreement
Tuesday, 21 Mar 2017 08:30am EDT 

Sherwin-Williams Co : Sherwin-Williams and Valspar extend term of merger agreement . Sherwin-Williams co - extended termination date of definitive agreement from March 21, 2017 to June 21, 2017 .Sherwin-Williams Co - extension of merger agreement to june 21, 2017 is intended to provide sufficient time to complete Valspar acquisition.  Full Article

Valspar Corp reports Q4 earnings per share $1.27
Tuesday, 20 Dec 2016 07:30am EST 

Valspar Corp : Valspar corp - foreign currency translation negatively impacted net sales by 3% for fiscal 2016 . Valspar reports fiscal fourth quarter 2016 and year-end results . Q4 earnings per share $1.27 . Q4 sales $1.11 billion versus i/b/e/s view $1.17 billion .Q4 earnings per share view $1.50 -- Thomson Reuters I/B/E/S.  Full Article

Valspar Packaging expands capacity in Asia
Tuesday, 5 Jul 2016 12:00pm EDT 

Valspar Corp : Valspar Packaging expands capacity in Asia . Expanding production capacity at Singapore facility .Says expansion is expected to come on line in 2017.  Full Article

Valspar says shareholders approve proposed transaction with Sherwin-Williams Co
Wednesday, 29 Jun 2016 10:57am EDT 

Valspar Corp : Valspar Corp says shareholders approve proposed transaction with Sherwin-Williams Company . Valspar shareholders approve proposed transaction with the Sherwin-Williams Company .Transaction is expected to close by end of Q1 calendar year 2017.  Full Article

Sherwin-Williams says it still expects Valspar deal to close in 2017
Wednesday, 11 May 2016 04:53pm EDT 

The Sherwin : Williams co - companies continue to expect transaction to close by end of q1 calendar year 2017 . Williams -companies have each received request for additional information and documentary material from ftc .Williams company and valspar receive second request from ftc under Hart-Scott-Rodino act.  Full Article

Valspar Corp declares quarterly dividend
Wednesday, 24 Feb 2016 04:15pm EST 

Valspar Corp:Declares quarterly dividend of $0.33 per share on the company's common stock.Payable on March 18, 2016, to shareholders of record on March 7, 2016.  Full Article

The Valspar Corp reaffirms FY 2016 guidance
Thursday, 18 Feb 2016 07:00am EST 

The Valspar Corp:Says FY 2016 sales guidance of growth in the "mid-single digits" in constant currency (sales including the impact of foreign currency translation expected to be "up slightly" compared to FY 2015).Says FY 2016 diluted EPS (as adjusted) guidance of $4.80 to $5.00.  Full Article

Valspar Approves 10% Dividend Increase
Tuesday, 24 Nov 2015 09:56am EST 

Valspar Corporation:declared a quarterly dividend of $0.33 per share on the company's common stock.dividend is payable on December 16, 2015, to shareholders of record on December 7, 2015.payment represents a 10% increase.  Full Article

More From Around the Web

Sherwin-Williams wins U.S. antitrust approval to buy Valspar: FTC

WASHINGTON Paint-maker Sherwin-Williams has won U.S. antitrust approval to buy U.S. rival Valspar Corp , the Federal Trade Commission said on Friday.