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PPG Industries Inc (PPG.N)

PPG.N on New York Stock Exchange

105.42USD
22 Jun 2018
Change (% chg)

$1.12 (+1.07%)
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Latest Key Developments (Source: Significant Developments)

PPG Announces Plans For A New Distribution Center In Flower Mound, Texas
Tuesday, 5 Jun 2018 

June 5 (Reuters) - PPG ::PPG TO ENHANCE DISTRIBUTION CAPABILITIES FOR ARCHITECTURAL PAINT, COATINGS WITH NEW FACILITY IN FLOWER MOUND, TEXAS.PPG - ANNOUNCED PLANS FOR A NEW DISTRIBUTION CENTER IN FLOWER MOUND, TEXAS; PROJECT IS EXPECTED TO BE COMPLETED IN MAY 2019.  Full Article

PPG Industries Says Restructuring Actions Are Expected To Be Complete By End Of Q219; Will Result In Net Reduction Of About 1,100 Positions
Friday, 27 Apr 2018 

April 27 (Reuters) - PPG Industries Inc ::PPG INDUSTRIES INC - RESTRUCTURING ACTIONS ARE EXPECTED TO BE COMPLETE BY END OF Q2 2019 & WILL RESULT IN NET REDUCTION OF ABOUT 1,100 POSITIONS.PPG INDUSTRIES INC - PRETAX RESTRUCTURING CHARGE OF $80 MILLION TO $85 MILLION, BASED ON CURRENT EXCHANGE RATES, WILL BE RECORDED IN PPG'S Q2 2018 FINANCIAL RESULTS.PPG INDUSTRIES INC - ON APRIL 23, 2018, CO APPROVED A BUSINESS RESTRUCTURING PLAN WHICH INCLUDES ACTIONS TO REDUCE ITS GLOBAL COST STRUCTURE.PPG INDUSTRIES INC - SUBSTANTIALLY ALL RESTRUCTURING ACTIONS ARE EXPECTED TO BE COMPLETE BY END OF Q2 2019 - SEC FILING.PPG INDUSTRIES - PROGRAM AIMS TO RIGHT-SIZE EMPLOYEE HEADCOUNT & PRODUCTION CAPACITY IN CERTAIN, REDUCTIONS IN VARIOUS GLOBAL FUNCTIONAL, AMONG OTHERS.PPG INDUSTRIES INC - EXPECTS CASH PAYBACK OF RESTRUCTURING PROGRAM TO BE LESS THAN TWO YEARS.  Full Article

Ppg Industries Says Chairman And CEO M. H. Mcgarry's FY 2017 Total Compensation Was $14.2 Mln
Thursday, 8 Mar 2018 

March 8 (Reuters) - Ppg Industries Inc ::PPG INDUSTRIES INC SAYS CHAIRMAN AND CEO M. H. MCGARRY'S FY 2017 TOTAL COMPENSATION WAS $14.2 MILLION VERSUS $12.5 MILLION IN FY 2016 - SEC FILING.  Full Article

PPG Industries Q4 Earnings Per Share $0.72 From Continuing Operations
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - PPG Industries Inc ::PPG REPORTS FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL RESULTS.Q4 EARNINGS PER SHARE $0.72 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE VIEW $1.20 -- THOMSON REUTERS I/B/E/S.- COMMITMENT TO DEPLOY AT LEAST $2.4 BILLION ON ACQUISITIONS AND SHARE REPURCHASES IN 2018.QTRLY ‍NET SALES OF ABOUT $3.7 BILLION, UP ABOUT 8 PERCENT VERSUS PRIOR YEAR​.QTRLY ADJUSTED NET INCOME FROM CONTINUING OPERATIONS WAS $1.19 PER DILUTED SHARE.PPG - EXPECT "MINIMAL ABATEMENT" IN H1 2018 TO HIGH LEVEL OF RAW MATERIAL INFLATION IN COATINGS INDUSTRY.QTRLY ADJUSTED NET INCOME EXCLUDES NET AFTER-TAX CHARGES TOTALING $120 MILLION, OR 47 CENTS PER DILUTED SHARE.Q1 REVENUE VIEW $3.71 BILLION -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $1.18 -- THOMSON REUTERS I/B/E/S.PPG - Q4 REPORTED NET INCOME FROM CONTINUING OPERATIONS INCLUDES UNFAVORABLE IMPACT OF 5 CENTS PER DILUTED SHARE FROM NATURAL DISASTERS THAT OCCURRED IN Q3.  Full Article

PPG To Acquire Architectural Paint And Coatings Wholesaler ProCoatings
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - Ppg Industries Inc ::PPG TO ACQUIRE ARCHITECTURAL PAINT AND COATINGS WHOLESALER PROCOATINGS.PPG INDUSTRIES INC - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED..PPG INDUSTRIES - REACHED DEFINITIVE AGREEMENT TO ACQUIRE PROCOATINGS.  Full Article

Ppg Board Of Directors Authorizes $2.5 Billion Share Repurchase Program
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Ppg Industries Inc ::PPG BOARD OF DIRECTORS AUTHORIZES $2.5 BILLION SHARE REPURCHASE PROGRAM.PPG INDUSTRIES INC - REPURCHASE AUTHORIZATION IS EFFECTIVE IMMEDIATELY.PPG INDUSTRIES - NEW BUYBACK PROGRAM IS IN ADDITION TO CO'S EXISTING SHARE REPURCHASE AUTHORIZATION.  Full Article

PPG Industries entered into partnership with Sinode Systems for vehicle battery technology​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - PPG Industries Inc -:PPG Industries Inc - ‍ entered into a partnership with Sinode Systems for vehicle battery technology​.PPG Industries Inc - ‍ PPG will help both Raymor Industries and Sinode scale up their manufacturing processes to production volumes to support project​.  Full Article

PPG Industries Q3 earnings per share $1.52 from continuing operations
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - PPG Industries Inc :PPG reports third quarter 2017 financial results.Q3 earnings per share $1.52 from continuing operations.Q3 earnings per share view $1.52 -- Thomson Reuters I/B/E/S.PPG Industries Inc qtrly ‍net sales of approximately $3.8 billion, up more than 3 percent versus prior year​.Q3 revenue view $3.74 billion -- Thomson Reuters I/B/E/S.PPG Industries Inc - ‍expects recent natural disasters will unfavorably affect Q4 diluted earnings-per-share by up to $0.05​.PPG Industries Inc - ‍"looking ahead to q4, we expect moderate global economic growth to continue"​.PPG - ‍given after-effects from natural disasters, no longer expect notable decline in level of raw material cost inflation for remainder of this year​.PPG Industries Inc - "‍we continue to execute on our restructuring program" and remain on track to deliver full-year savings of more than $45 million​.PPG Industries Inc qtrly ‍shr attributable to PPG $2.36​.  Full Article

Elliott pushes Azko Nobel to engage in talks with suitor PPG Industries - WSJ, citing sources
Friday, 17 Mar 2017 

:Elliott Management owns stake in Akzo Nobel NV; Elliott is pushing Azko to engage in talks with suitor PPG Industries Inc - WSJ, citing sources.  Full Article

PPG Industries sees Q3 adj EPS $1.54-$1.57 from cont ops
Friday, 7 Oct 2016 

PPG Industries Inc : Sees Q3 2016 Reported Loss Per Share From Continuing Operations To Be In Range Of 74 Cents To 77 Cents . Ppg Provides Update On Third Quarter 2016 Financial Results . Sees Q3 2016 Adjusted Earnings Per Share $1.54 To $1.57 From Continuing Operations . Sees Q3 2016 Sales About $3.8 Billion . Q3 Earnings Per Share View $1.71 -- Thomson Reuters I/B/E/S . Oard Of Directors Has Authorized A $2 Billion Share Repurchase Program. . "We Are Reviewing Potential Actions To Reduce Our Overall Cost Structure" . $2 Billion Share Repurchase Program In Addition To Company's Existing Share Repurchase Authorization Which Was Approved In 2014 . "We Are Disappointed With This Quarter's Eps Growth Rate As We Continue To Operate In A Sluggish Economic Environment" . Expect Spending On Acquisitions, Share Repurchases For Combined Years 2015,2016 To Be At Top End Of Previousl Range Of $2 Billion - $2.5 Billion . The Cost Actions Would Be In Addition To Restructuring Program Announced In 2015 . PPG Industries Inc Sees Q3 2016 Reported Loss Per Share From Continuing Operations To Be In Range Of 74 Cents To 77 Cents .Q3 Earnings Per Share View $1.71, Revenue View $3.83 Billion -- Thomson Reuters I/B/E/S.  Full Article