Edition:
United States

PPG Industries Inc (PPG.N)

PPG.N on New York Stock Exchange

107.08USD
15 Nov 2018
Change (% chg)

$1.73 (+1.64%)
Prev Close
$105.35
Open
$104.69
Day's High
$107.72
Day's Low
$104.18
Volume
389,850
Avg. Vol
446,003
52-wk High
$122.06
52-wk Low
$94.43

Latest Key Developments (Source: Significant Developments)

Trian Fund Management Raises Share Stake In PPG Industries Inc By 59.8 Percent To 4.14 Mln Shares
Wednesday, 14 Nov 2018 04:15pm EST 

Nov 14 (Reuters) - Trian Fund Management::TRIAN FUND MANAGEMENT RAISES SHARE STAKE IN PPG INDUSTRIES INC BY 59.8 PERCENT TO 4.14 MILLION SHARES - SEC FILING.TRIAN FUND MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2018.  Full Article

PPG Receives NYSE Notice Regarding Delayed Form 10-Q Filing
Tuesday, 22 May 2018 05:03pm EDT 

May 22 (Reuters) - PPG Industries Inc ::PPG RECEIVES NYSE NOTICE REGARDING DELAYED FORM 10-Q FILING.PPG INDUSTRIES - CONTINUES TO WORK TO COMPLETE INVESTIGATION INTO SOME ACCOUNTING MATTERS BUT IS UNABLE TO PREDICT TIMING/OUTCOME OF INVESTIGATION.  Full Article

PPG Provides Update On Form 10-Q Filing And Internal Investigation
Thursday, 10 May 2018 04:39pm EDT 

May 10 (Reuters) - PPG Industries Inc ::PPG PROVIDES UPDATE ON FORM 10-Q FILING AND INTERNAL INVESTIGATION.PPG INDUSTRIES INC - APART FROM INVESTIGATION, CO HAS IDENTIFIED CERTAIN INADVERTENT ERRORS WITH RESPECT TO QUARTER ENDED MARCH 31, 2018.PPG INDUSTRIES INC - FILED A FORM 12B-25 NOTIFICATION OF LATE FILING WITH SEC REGARDING QUARTERLY REPORT ON FORM 10-Q FOR QUARTER ENDED MARCH 31, 2018.PPG INDUSTRIES INC - INVESTIGATION TO DATE HAS ALSO IDENTIFIED IMPROPER SHIFTING OF PRE-TAX EXPENSE BETWEEN QUARTERLY PERIODS IN 2017.PPG INDUSTRIES - INVESTIGATION FOUND IMPROPER ACCOUNTING ENTRIES WERE MADE BY CERTAIN EMPLOYEES AT DIRECTION OF FORMER VICE PRESIDENT AND CONTROLLER.PPG INDUSTRIES - CONSOLIDATED FINANCIAL STATEMENTS FOR YEAR ENDED DEC. 31, 2017, RELATED REPORT OF PWC, AND FOR QTRLY, YEAR-TO-DATE IN 2017 SHOULD NO LONGER BE RELIED UPON.PPG INDUSTRIES INC - FORMER VICE PRESIDENT AND CONTROLLER'S EMPLOYMENT WITH COMPANY WAS TERMINATED AS OF MAY 10, 2018.  Full Article

United Continental Holdings Elects Michele Hooper To Board
Thursday, 8 Mar 2018 05:05pm EST 

March 8 (Reuters) - United Continental Holdings Inc ::UNITED CONTINENTAL HOLDINGS ELECTS MICHELE J. HOOPER TO BOARD OF DIRECTORS.UNITED CONTINENTAL HOLDINGS INC - BOARD HAS ELECTED MICHELE HOOPER AS AN INDEPENDENT DIRECTOR OF COMPANY EFFECTIVE MARCH 5.UNITED CONTINENTAL HOLDINGS INC - ‍HOOPER CURRENTLY SERVES AS A DIRECTOR OF PPG INDUSTRIES​.  Full Article

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

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Trian calls for PPG Industries CEO ouster, wants to split company

Activist hedge fund Trian Fund Management said on Thursday that it wants to replace PPG Industries' chief executive with his predecessor and suggested that the U.S. paints and coatings company be broken up.