“We delivered all-time-record adjusted earnings per share, up 18 percent, supported by second quarter earnings records in each of our coatings segments and expanded year-over-year earnings in our glass segment,” said Charles E. Bunch, PPG chairman and chief executive officer. “We achieved these records despite the significant impact of unfavorable foreign currency translation, and the records demonstrate the strength of our transformed business portfolio, our strong operational focus and the benefits from our continuing cash deployment.”
PPG reports record second quarter net sales and earnings per share
2Q15 Excel Tables
PITTSBURGH--(BUSINESS WIRE)--Jun. 25, 2015-- PPG Industries (NYSE:PPG) announces the following details for its second quarter 2015 earnings release and teleconference call.
On April 16, 2015, PPG’s Board of Directors approved a two-for-one split of the Company’s common stock payable on June 12, 2015. This means that for every share of the Company’s common stock you own on June 12, 2015, you will receive one additional share. Shares of the Company’s common stock will begin trading on June 15, 2015 at half of the closing price on June 12, 2015. Thereafter, the price of the shares will be based on market conditions.
The goal of the split is to expand the Company’s shareholder base and increase liquidity in trading of the shares. The split will make the price of shares of the Company’s common stock more affordable and potentially more attractive to new investors.
Click here for Frequently Asked Questions about PPG’s two-for-one stock split.
PPG Industries is a leader in its markets; is a streamlined, efficient manufacturer; and operates on the leading edge of new technologies and solutions. It is our vision to continue being the world’s leading coatings and specialty products and services company, serving customers in construction, consumer products, industrial and transportation markets and aftermarkets. PPG has manufacturing facilities and equity affiliates in more than 60 countries around the globe.
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|08/20/15||PPG to Acquire Remaining Interest in Chemfil Canada Joint Venture|
|Demonstrates PPG commitment to pretreatment coatings for automotive,
PITTSBURGH--(BUSINESS WIRE)--Aug. 20, 2015--
PPG Industries (NYSE:PPG) announced today that it has reached a
definitive agreement to acquire the remaining interest in Chemfil Canada
Limited, a joint venture of PPG and Madinal Enterprises. The transaction
is expected to close in the third quarter, subject to customary closing
conditions. Financial ... || |
|08/18/15||PPG Foundation Donates $120,000 to Penn State for Undergraduate Research|
|Grant supports graduate and undergraduate research fellowship awards
PITTSBURGH--(BUSINESS WIRE)--Aug. 18, 2015--
The PPG Industries Foundation has donated $120,000 to the Pennsylvania
State University (Penn State) for its Materials Research Institute (MRI)
Student Assistantship Program and additional programming. This marks the
third year the PPG foundation has supported Penn State undergraduate
students participating in the 10-week summer program, ... || |
|08/11/15||PPG Foundation Donates $103,000 to University of Pittsburgh|
|Grants support programs across engineering school and chemistry
PITTSBURGH--(BUSINESS WIRE)--Aug. 11, 2015--
The PPG Industries Foundation has donated $103,000 to the University of
Pittsburgh (Pitt) for programs in its engineering school and chemistry
department. The funding supports PPG Summer Undergraduate Research
Fellows in the Swanson School of Engineering, two PPG Industries
Foundation Graduate Fellows in Civil and Environment... || |
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