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Lincoln Electric Holdings Inc (LECO.OQ)

LECO.OQ on NASDAQ Stock Exchange Global Select Market

90.89USD
12 Dec 2017
Change (% chg)

$-1.40 (-1.52%)
Prev Close
$92.29
Open
$92.00
Day's High
$92.02
Day's Low
$90.77
Volume
117,196
Avg. Vol
130,116
52-wk High
$99.58
52-wk Low
$76.30

Latest Key Developments (Source: Significant Developments)

Lincoln Electric Q3 adjusted earnings per share $0.93
Friday, 27 Oct 2017 07:30am EDT 

Oct 27 (Reuters) - Lincoln Electric Holdings Inc ::Lincoln electric reports third quarter 2017 results.Q3 adjusted earnings per share $0.93.Q3 earnings per share $1.59.Q3 earnings per share view $0.94 -- Thomson Reuters I/B/E/S.Q3 sales $669.5 million versus I/B/E/S view $657.6 million.Increases quarterly cash dividend by 11.4 percent to $0.39 per share.Lincoln Electric - qtrly ‍reported EPS includes bargain purchase gain related to air liquide welding acquisition ($51.6 million, or $0.77 EPS)​.Lincoln Electric - qtrly ‍reported EPS also includes other special item after-tax charges of $7.2 million, or $0.11 EPS.  Full Article

Lincoln Electric board approves 11.4 pct dividend increase
Tuesday, 17 Oct 2017 04:30pm EDT 

Oct 17 (Reuters) - Lincoln Electric Holdings Inc :Lincoln Electric board approves 11.4% dividend increase.Sets quarterly cash dividend of $0.39 per share.  Full Article

Baillie Gifford & Co reports a 3.50 pct passive stake in Lincoln Electric Holdings as of July 31 - SEC filing
Monday, 7 Aug 2017 09:36am EDT 

Aug 7 (Reuters) - Lincoln Electric Holdings :Baillie Gifford & Co reports a 3.50 pct passive stake in Lincoln Electric Holdings as of July 31 - SEC filing.Baillie Gifford & Co previously reported a 7.84 pct passive stake in Lincoln Electric Holdings Inc as of Dec 31, 2016.  Full Article

Lincoln Electric Q2 adjusted earnings per share $0.97
Tuesday, 25 Jul 2017 07:30am EDT 

July 25 (Reuters) - Lincoln Electric Holdings Inc ::Lincoln Electric reports second quarter 2017 results.Q2 earnings per share $0.92.Q2 sales $626.9 million versus I/B/E/S view $620.3 million.Q2 earnings per share view $0.93 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.97.Lincoln Electric - given sustained improvement in year-over-year demand, expect to continue to achieve modest sales and margin growth in 2017.  Full Article

Lincoln Electric Holdings says, co, certain units, amended, restated their credit agreement, dated as of July 26, 2012
Thursday, 6 Jul 2017 03:56pm EDT 

July 6 (Reuters) - Lincoln Electric Holdings Inc ::Lincoln Electric Holdings says on June 30, co, certain units, amended & restated their amended & restated credit agreement, dated as of July 26, 2012.Lincoln Electric Holdings - amended, restated credit agreement extends maturity of revolving credit facility under original credit agreement to June 30, 2022.Lincoln Electric Holdings - amendment provides $400 million revolving credit facility may be increased, by additional amount up to $100 million - sec filing.  Full Article

Air Liquide to sell welding equipment unit to Lincoln Electric
Thursday, 27 Apr 2017 04:10pm EDT 

April 27 (Reuters) - Air Liquide SA ::Air Liquide signed an agreement with Lincoln Electric for the sale of its Air Liquide Welding subsidiary.  Full Article

Lincoln Electric signs agreement to acquire Air Liquide Welding
Thursday, 27 Apr 2017 04:10pm EDT 

April 27 (Reuters) - Lincoln Electric Holdings Inc ::Lincoln Electric signs definitive agreement to acquire Air Liquide Welding.Lincoln Electric Holdings Inc - definitive agreement reflects a eur 115 million purchase price for air liquide welding business.Says Lincoln Electric and Air Liquide Welding will continue to operate as independent companies.Lincoln Electric - expects acquisition to be immediately accretive to earnings and to generate attractive return on capital in first five years.Lincoln Electric Holdings- deal expected to be add approximately $0.06 eps per quarter, or $0.24 annually, in second year of operation.Lincoln Electric - until proposed acquisition closes, lincoln Electric and Air Liquide welding will continue to operate as independent companies.Lincoln Electric-proposed deal expected to be immediately accretive to Lincoln Electric earnings at about $0.03 of eps per quarter in 1st year after closing.  Full Article

Lincoln Electric reports Q1 EPS of $0.84
Tuesday, 18 Apr 2017 07:30am EDT 

April 18 (Reuters) - Lincoln Electric Holdings Inc ::Lincoln Electric reports first quarter 2017 results.Q1 earnings per share $0.84.Q1 sales $580.9 million versus I/B/E/S view $566.3 million.Q1 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $0.88.  Full Article

Lincoln Electric Holdings CEO Christopher Mapes's FY 2016 total compensation was $6.7 mln
Monday, 20 Mar 2017 03:36pm EDT 

Lincoln Electric Holdings Inc :CEO Christopher Mapes's FY 2016 total compensation $6.7 million versus $5.34 million in FY 2015 - sec filing.  Full Article

Lincoln Electric enters into exclusive negotiations with Air Liquide
Thursday, 2 Mar 2017 04:05pm EST 

Lincoln Electric Holdings Inc : Lincoln Electric enters into exclusive negotiations with Air Liquide to acquire its Air Liquide welding subsidiary .Lincoln Electric -J.P. Morgan Securities Llc is acting as financial advisor and jones day is acting as legal advisor to Lincoln Electric.  Full Article