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|06/15/17||KMG Completes Acquisition of Flowchem LLC|
|FORT WORTH, Texas, June 15, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced it has completed the acquisition of Flowchem, a leading manufacturer of pipeline performance products, from Arsenal Capital Partners.
“We’re pleased to announce the completion of this strategic acquisition and we welcome Flowchem’s dedicated and talented team to KMG,” said Chris Fraser, KMG’s Chairman and CEO. “Flowchem is a unique asset that enables KMG to further ... || |
|06/09/17||KMG Reports Third Quarter 2017 Financial Results|
|FORT WORTH, Texas, June 09, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced financial results for the fiscal 2017 third quarter ended April 30, 2017.
2017 Third Quarter Financial Highlights
GAAP diluted earnings per share was $0.49 compared to $0.53 per diluted share in the third quarter of fiscal 2016. In last year’s third quarter, KMG recorded a bargain purchase gain of $2.1 million, equivalent to $0.17 per diluted share, for the acq... || |
|06/02/17||KMG Declares Quarterly Dividend and Schedules Third Quarter Fiscal 2017 Results Call|
|FORT WORTH, Texas, June 02, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced that its Board of Directors has declared a quarterly cash dividend of $0.03 per common share. The dividend is payable June 23, 2017 to shareholders of record June 13, 2017. As of May 31, 2017, there were approximately 12 million KMG common shares outstanding.
Third Quarter Fiscal 2017 Results Call
KMG will provide third quarter fiscal 2017 financial results on Frid... || |
|04/24/17||KMG to Acquire Flowchem LLC|
|Acquisition establishes KMG as a leading global provider of performance products and services for optimizing pipeline operations and throughput
Significantly expands KMG’s product breadth and capabilities in the global market for pipeline services, providing compelling opportunities for growth
Adds a growing, profitable business with strong cash flow generation
Transaction is expected to be highly accretive to EBITDA, margin and adjusted earnings per share
FORT WORTH, Texas, April... || |