|Date||Title|| || |
|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... || |
|03/13/17||KMG Reports Second Quarter 2017 Financial Results|
|FORT WORTH, Texas, March 13, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced financial results for the fiscal 2017 second quarter ended January 31, 2017.
2017 Second Quarter Financial Highlights
GAAP diluted earnings per share increased 61% to $0.53 from $0.33 per diluted share in the second quarter of fiscal 2016.
Adjusted diluted earnings per share1 reached a record $0.57 compared to $0.40 per share reported in the second quarter ... || |
|03/02/17||KMG Declares Quarterly Dividend|
|FORT WORTH, Texas, March 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 March 17, 2017 to shareholders of record March 10, 2017. As of February 28, 2017, there were approximately 12 million KMG common shares outstanding.
KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemica... || |
|02/23/17||Jeff Handelman To Join KMG as Senior Vice President Electronic Chemicals|
|FORT WORTH, Texas, Feb. 23, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced that Jeff Handelman will join KMG’s executive team on March 13, 2017 as Senior Vice President responsible for KMG’s global electronic chemicals business. Handelman will replace Andrew Lau, who has resigned to pursue other opportunities.
“Andrew played a key role in the growth of KMG’s electronic chemicals business over the past several years, guiding this business t... || |
|02/22/17||KMG Schedules Fiscal Second Quarter 2017 Results Call|
|FORT WORTH, Texas, Feb. 22, 2017 (GLOBE NEWSWIRE) -- KMG (NYSE:KMG), a global provider of specialty chemicals, today announced the Company will provide fiscal second quarter financial results on Monday, March 13, 2017 after the close of the market. At 5:00 p.m. ET that same day, KMG management will host a conference call to review the company’s financial results. Listeners may access the conference call live via a dial-in number or audio webcast.
Monday, March 13, 2017
5:00 p.m. Eastern ... || |
|01/31/17||KMG Announces Acquisition of Sealweld|
|FORT WORTH, Texas--(BUSINESS WIRE)--Jan. 31, 2017--
KMG (NYSE: KMG), a global provider of specialty chemicals, today
announced it has agreed to acquire on February 1 privately-owned
Sealweld, an innovative leader in the industrial lubricants market, for
US$17.4 million (C$22.6 million) in cash, including estimated net
working capital of approximately US$4.5 million (C$5.8 million). KMG
drew on its revolving credit facility to finance the acquisition.
... || |