PPG Industries Aktie News

PPG Industries, Inc. (NYSE:PPG ) Q1 2024 Earnings Call Transcript April 19, 2024 8:00 AM ET Company Participants Jonathan Edwards - Director of IR Timothy Knavish - President and CEO Vincent Morales - SVP and CFO Conference Call Participants Ghansham Panjabi - Baird John McNulty - BMO Michael Sison - Wells Fargo Duffy Fischer - Goldman Sachs David Begleiter - Deutsche Bank Christopher Parkinson...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that its board of directors has authorized the repurchase of $2.5 billion of outstanding common stock. The authorization is effective immediately, does not expire, and gives management discretion in determining the conditions under which shares may be purchased. This program is in addition to the company's existing share repurchase aut...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported financial results for the first quarter 2024. First Quarter Consolidated Results $ in millions, except EPS 1Q 2024 1Q 2023 YOY change Net sales $4,311 $4,380 (2)% Net income $400 $264 +52% Adjusted net income(a) $441 $432 +2% EPS $1.69 $1.11 +52% Adjusted EPS(a) $1.86 $1.82 +2% (a) Reconciliations of reported to adjusted figures are inc...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today held its annual meeting of shareholders where Tim Knavish, PPG chairman and chief executive officer, highlighted the company's 2023 record performance. PPG achieved records in sales, adjusted earnings per diluted share and operating cash flow in 2023. The company reported full-year net sales of approximately $18.2 billion, up about 3% versus the...

PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 65 cents per share, payable June 12 to shareholders of record May 10. Through the ongoing dedication and engagement of its workforce, PPG has raised its annual dividend payment for 52 consecutive years and has paid uninterrupted annual dividends since 1899. This marks the company...

The market caps of the Magnificent Seven (Microsoft, Nvidia, Apple, Alphabet, Amazon, Tesla, Meta) have surpassed the stock market of some of the world's largest countries. The Mag 7 are great companies, but yield just 0.2%. Dividend growth stocks, including many of the Mag 7, are historically the best wealth and income growers.

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in Newsweek's list of Most Trustworthy Companies in America 2024 for its high evaluations in customer, investor and employee trust. The Most Trustworthy Companies in America list uses a holistic approach to identify trusted companies that are performing exceptionally well on a national level. Newsweek partners with market...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced it received its second consecutive Gallup Exceptional Workplace Award (GEWA), for its high employee engagement and notable workplace experience. This prestigious award annually recognizes high-performing companies that align their business strategies around employees. PPG received this award for embedding involvement and enthusiasm in ...