Global Brass and Copper Holdings, Inc. Announces Cash Dividend
08 Febrero 2019 - 5:39PM
Business Wire
Quarterly dividend of $0.09 per share to be
paid on March 1, 2019
Global Brass and Copper Holdings, Inc. (NYSE:BRSS) (the
“Company”) announced today that, on February 8, 2019, the Company’s
Board of Directors declared a quarterly cash dividend of $0.09 per
share on the Company’s common stock for the fourth quarter of 2018.
The dividend will be paid on March 1, 2019 to stockholders of
record on the close of business on February 19, 2019.
The declaration and payment of any future dividend will be
subject to the discretion of the Board of Directors and will depend
on a variety of factors, including the Company’s financial
condition and results of operations and contractual restrictions,
such as the restrictive covenants contained in the Company’s credit
agreement governing its term loan facility and in its credit
agreement governing its asset-based revolving loan facility.
About Global Brass and Copper
Global Brass and Copper Holdings, Inc. is a leading, value-added
converter, fabricator, processor, and distributor of specialized
non-ferrous products in North America. We engage in metal melting
and casting, rolling, drawing, extruding, welding, stamping, and
coating to fabricate finished and semi-finished alloy products from
processed scrap, virgin metals, and other refined metals. Our
products include a wide range of sheet, strip, foil, rod, tube,
painted and fabricated metal component products. Our products are
used in a variety of applications across diversified markets,
including the building and housing, munitions, automotive,
transportation, coinage, electronics / electrical components,
industrial machinery and equipment, and general consumer
markets.
Cautionary Statement Concerning
Forward-Looking Statements
This press release contains “forward-looking statements” that
involve risks and uncertainties. All statements the Company makes
relating to its estimated and projected earnings, margins, costs,
expenditures, cash flows, growth rates, and financial results or to
its expectations regarding future industry trends are
forward-looking statements. In addition, we, through our senior
management, from time to time make or may make forward-looking
public statements concerning our expected future operations and
performance and other developments. These forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may change at any time, and, therefore, our
actual results may differ materially from those that we expected.
Important factors that could cause actual results to differ
materially from these expectations include, among other things,
general market conditions, market demand and competitive factors,
our ability to implement business and acquisition strategies, our
ability to address unexpected operational issues, and our ability
to continue to implement our balanced book approach.
More detailed information about these and other risks and
uncertainties are contained in the Company’s filings with the
Securities and Exchange Commission, including under “Risk Factors”
and elsewhere in our Annual Report on Form 10-K filed with the
Securities and Exchange Commission and our reports filed with the
Securities and Exchange Commission from time-to-time, including
Quarterly Reports on Form 10-Q, copies of which may be obtained by
visiting the Company’s Investor Relations website at
http://ir.gbcholdings.com or the SEC’s website at www.sec.gov. All
forward-looking information in this press release is expressly
qualified in its entirety by these cautionary statements. All
forward-looking statements contained in this press release are
based upon information available to the Company on the date of this
press release.
In addition, the matters referred to in the forward-looking
statements contained in this press release may not in fact occur.
Accordingly, investors should not place undue reliance on those
statements. The Company undertakes no obligation to publicly update
or revise any forward-looking statement as a result of new
information, future events or otherwise, except as otherwise
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190208005476/en/
Christopher J. KodoskyGlobal Brass and Copper Holdings,
Inc.Chief Financial Officer(847) 240-4700orMark BarbalatoFTI
Consulting(212) 850-5707
GLOBAL BRASS & COPPER HOLDINGS, (NYSE:BRSS)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
GLOBAL BRASS & COPPER HOLDINGS, (NYSE:BRSS)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024