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American Woodmark Corp (AMWD.OQ)

AMWD.OQ on NASDAQ Stock Exchange Global Select Market

83.55USD
20 Sep 2018
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Latest Key Developments (Source: Significant Developments)

American Woodmark Corp Q1 ADJUSTED EARNINGS PER SHARE $2.04
Monday, 27 Aug 2018 

Aug 27 (Reuters) - American Woodmark Corp ::ORATION ANNOUNCES FIRST QUARTER RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $2.04.Q1 EARNINGS PER SHARE $1.41.Q1 SALES $429 MILLION VERSUS I/B/E/S VIEW $429.1 MILLION.Q1 EARNINGS PER SHARE VIEW $1.92 -- THOMSON REUTERS I/B/E/S.SAYS ON AUGUST 23, 2018, COMPANY'S BOARD OF DIRECTORS REINSTATED COMPANY'S PREVIOUSLY SUSPENDED STOCK REPURCHASE PROGRAM.  Full Article

American Woodmark to pay RSI Home Products A Fee of $22.5 Million on Deal Termination
Friday, 1 Dec 2017 

Dec 1 (Reuters) - American Woodmark Corp ::AMERICAN WOODMARK-IN EVENT OF TERMINATION OF MERGER AGREEMENT UNDER CERTAIN CIRCUMSTANCES, CO TO PAY RSI HOME PRODUCTS TERMINATION FEE OF $22.5 MILLION.  Full Article

American Woodmark Corporation Reports Q2 Earnings Per Share $1.21
Friday, 1 Dec 2017 

Dec 1 (Reuters) - American Woodmark Corp ::AMERICAN WOODMARK CORP ANNOUNCES SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $1.21.Q2 SALES $274.8 MILLION VERSUS I/B/E/S VIEW $283.5 MILLION.Q2 EARNINGS PER SHARE VIEW $1.26 -- THOMSON REUTERS I/B/E/S.  Full Article

American Woodmark Corp To Buy Cabinet Manufacturer RSI Home Products
Friday, 1 Dec 2017 

Dec 1 (Reuters) - American Woodmark Corp ::ORATION TO ACQUIRE CABINET MANUFACTURER RSI HOME PRODUCTS.ORATION TO ACQUIRE CABINET MANUFACTURER RSI HOME PRODUCTS.- ‍UNDER TERMS OF AGREEMENT, IMPLIED ENTERPRISE VALUE FOR RSI IS APPROXIMATELY $1.075 BILLION IN DEAL​.- CASH PORTION OF CONSIDERATION IS SUBJECT TO CUSTOMARY WORKING CAPITAL ADJUSTMENTS.- DEAL ‍INCLUDING $140 MILLION IN AMERICAN WOODMARK COMMON STOCK TO BE ISSUED TO RSI SHAREHOLDERS​.AMERICAN WOODMARK - ‍ACQUISITION EXPECTED TO BE IMMEDIATELY ACCRETIVE TO CO'S PROFIT MARGINS & EPS EXCLUDING TRANSACTION COSTS.AMERICAN WOODMARK - TRANSACTION DOES NOT REQUIRE APPROVAL OF CO'S SHAREHOLDERS AND HAS ALREADY RECEIVED APPROVAL FROM RSI SHAREHOLDERS.AMERICAN WOODMARK - IMMEDIATELY FOLLOWING CLOSING OF DEAL , RSI SHAREHOLDERS WILL OWN APPROXIMATELY 8% OF AMERICAN WOODMARK SHARES OUTSTANDING.- AMERICAN WOODMARK IS SUSPENDING ITS SHARE REPURCHASE PROGRAM IN CONJUNCTION WITH TRANSACTION.‍COMBINED COMPANY WILL BE MANAGED BY AMERICAN WOODMARK'S MANAGEMENT TEAM (LED BY CHAIRMAN AND CEO CARY DUNSTON)​.- ‍AMERICAN WOODMARK EXPECTS TO EXPLORE OPTIONS TO REFINANCE RSI NOTES EITHER IN CONNECTION WITH OR AFTER CLOSING OF TRANSACTION​.AMERICAN WOODMARK - EXPECTS TO ENTER NEW $100 MILLION REVOLVING CREDIT FACILITY WITH WELLS FARGO BANK, NATIONAL ASSOCIATION TO REPLACE EXISTING REVOLVER​.- ‍ANNUAL RUN-RATE SYNERGIES ARE ANTICIPATED TO BE $30-40 MILLION, PHASED IN OVER 3 YEARS FROM DEAL​.  Full Article