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PPG Industries Inc (PPG.N)

PPG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ppg Industries Inc Says CEO Michael Mcgarry's FY 2017 Total Compensation Was $14.2 Mln
Friday, 16 Feb 2018 02:14pm EST 

Feb 16 (Reuters) - Ppg Industries Inc ::PPG INDUSTRIES INC SAYS CEO MICHAEL MCGARRY'S FY 2017 TOTAL COMPENSATION WAS $14.2 MILLION VERSUS $12.5 MILLION IN FY 2016 - SEC FILING.  Full Article

Ppg Board Of Directors Authorizes $2.5 Billion Share Repurchase Program
Thursday, 14 Dec 2017 04:40pm EST 

Dec 14 (Reuters) - Ppg Industries Inc ::PPG BOARD OF DIRECTORS AUTHORIZES $2.5 BILLION SHARE REPURCHASE PROGRAM.PPG INDUSTRIES INC - REPURCHASE AUTHORIZATION IS EFFECTIVE IMMEDIATELY.PPG INDUSTRIES - NEW BUYBACK PROGRAM IS IN ADDITION TO CO'S EXISTING SHARE REPURCHASE AUTHORIZATION.  Full Article

PPG Industries entered into partnership with Sinode Systems for vehicle battery technology​
Thursday, 16 Nov 2017 09:17am EST 

Nov 16 (Reuters) - PPG Industries Inc -:PPG Industries Inc - ‍ entered into a partnership with Sinode Systems for vehicle battery technology​.PPG Industries Inc - ‍ PPG will help both Raymor Industries and Sinode scale up their manufacturing processes to production volumes to support project​.  Full Article

PPG Industries Q3 earnings per share $1.52 from continuing operations
Thursday, 19 Oct 2017 06:51am EDT 

Oct 19 (Reuters) - PPG Industries Inc :PPG reports third quarter 2017 financial results.Q3 earnings per share $1.52 from continuing operations.Q3 earnings per share view $1.52 -- Thomson Reuters I/B/E/S.PPG Industries Inc qtrly ‍net sales of approximately $3.8 billion, up more than 3 percent versus prior year​.Q3 revenue view $3.74 billion -- Thomson Reuters I/B/E/S.PPG Industries Inc - ‍expects recent natural disasters will unfavorably affect Q4 diluted earnings-per-share by up to $0.05​.PPG Industries Inc - ‍"looking ahead to q4, we expect moderate global economic growth to continue"​.PPG - ‍given after-effects from natural disasters, no longer expect notable decline in level of raw material cost inflation for remainder of this year​.PPG Industries Inc - "‍we continue to execute on our restructuring program" and remain on track to deliver full-year savings of more than $45 million​.PPG Industries Inc qtrly ‍shr attributable to PPG $2.36​.  Full Article

PPG Industries sees sequentially lower net sales for performance coatings in Q3 2017
Friday, 21 Jul 2017 04:58pm EDT 

July 21 (Reuters) - PPG Industries Inc ::Says in Q3 of 2017, expect sequentially lower net sales for performance coatings, due to normal business seasonality .Says in Q3 of 2017, expect net acquisition-related sales to add $20 million to $25 million to performance coatings segment sales.Based on current exchange rates, expect foreign currency translation not to have significant impact on Q3 performance coatings segment sales and income.Says in architectural coatings businesses, for Q3, anticipate consistent industry demand trends in each region sequentially - SEC filing.  Full Article

PPG to acquire coatings application services provider The Crown Group
Thursday, 20 Jul 2017 12:55pm EDT 

July 20 (Reuters) - Ppg Industries Inc :PPG to acquire coatings application services provider The Crown Group.Ffinancial terms were not disclosed.​.Agreement to acquire Crown Group, from High Road Capital Partners and Charter Oak Capital Partners.  Full Article

PPG approves 13 pct dividend increase to 45 cents per share
Thursday, 20 Jul 2017 09:39am EDT 

July 20 (Reuters) - PPG Industries Inc : :PPG directors approve 13-percent dividend increase to 45 cents per share.  Full Article

PPG reports Q2 earnings per share $1.95 from continuing operations
Thursday, 20 Jul 2017 06:51am EDT 

July 20 (Reuters) - PPG Industries Inc :PPG reports second quarter 2017 financial results.Q2 earnings per share $1.95 from continuing operations.Q2 earnings per share view $1.82 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $1.83 from continuing operations.PPG industries inc qtrly ‍adjusted earnings per diluted share from continuing operations of $1.83​.Q2 sales rose 1 percent to $3.8 billion.Q2 revenue view $3.90 billion -- Thomson Reuters I/B/E/S.- unfavorable foreign currency translation impacted qtrly net sales by nearly 2 percent, or about $65 million​.PPG Industries Inc - "‍looking ahead, overall global economic growth is expected to remain consistent but modest"​.PPG Industries Inc - "‍expect a higher level of earnings-accretive cash deployment in second half of 2017 versus first half"​.PPG Industries Inc - ‍resuming share repurchases in Q3​.PPG Industries- ‍communicated intent to deploy $2.5 billion to $3.5 billion of cash on acquisitions and share repurchases in years 2017, 2018.PPG Industries- ‍now targeting upper-end of $2.5 billion to $3.5 billion range at minimum​ in years 2017 and 2018.  Full Article

PPG Industries says deal with Nippon Electric Glass to close in H217
Wednesday, 12 Jul 2017 05:23pm EDT 

July 12 (Reuters) - PPG Industries :PPG Industries says deal to sell assets of its North American fiberglass operations to Nippon Electric Glass is expected to close in H2 2017 - SEC filing.  Full Article

Fitch says Akzo rating to remain under pressure after PPG withdrawal
Monday, 5 Jun 2017 04:29am EDT 

June 5 (Reuters) - Fitch: :Fitch: Akzo rating to remain under pressure after PPG withdrawal.Fitch - PPG Industries' withdrawal from its pursuit of Akzo Nobel does not affect rating watch negative (rwn) on Akzo's 'BBB+' IDR.Fitch - do not expect to resolve rating watch negative until there is more clarity on plans and impact on Akzo's existing capital structure.Fitch - Akzo to be under pressure from shareholders to see through strategic plan of separating specialty chemicals business, which will be credit negative.  Full Article

BRIEF-Ppg Industries Inc Says CEO Michael Mcgarry's FY 2017 Total Compensation Was $14.2 Mln

* PPG INDUSTRIES INC SAYS CEO MICHAEL MCGARRY'S FY 2017 TOTAL COMPENSATION WAS $14.2 MILLION VERSUS $12.5 MILLION IN FY 2016 - SEC FILING Source text : http://bit.ly/2suTxo8 Further company coverage: