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Standard Motor Products Inc (SMP.N)

SMP.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Standard Motor Products Announces New Stock Repurchase Program
Friday, 18 May 2018 

May 18 (Reuters) - Standard Motor Products Inc ::STANDARD MOTOR PRODUCTS INC ANNOUNCES NEW STOCK REPURCHASE PROGRAM.STANDARD MOTOR PRODUCTS INC - BOARD OF DIRECTORS HAS AUTHORIZED PURCHASE OF UP TO $20 MILLION OF ITS COMMON STOCK UNDER A STOCK REPURCHASE PROGRAM..STANDARD MOTOR PRODUCTS INC - COMPANY INTENDS TO FUND STOCK REPURCHASE PROGRAM THROUGH ITS REVOLVING CREDIT FACILITY.STANDARD MOTOR PRODUCTS INC - STOCK REPURCHASE PROGRAM MAY BE SUSPENDED OR DISCONTINUED AT ANY TIME..  Full Article

Standard Motor Products Forms JV With Foshan Guangdong Automotive Air Conditioning Co
Friday, 1 Dec 2017 

Dec 1 (Reuters) - Standard Motor Products Inc ::STANDARD MOTOR PRODUCTS INC - FORMED A JOINT VENTURE WITH FOSHAN GUANGDONG AUTOMOTIVE AIR CONDITIONING CO LTD.STANDARD MOTOR PRODUCTS INC - STANDARD MOTOR PRODUCTS WILL INVEST APPROXIMATELY $12.5 MILLION IN 50/50 JOINT VENTURE.STANDARD MOTOR PRODUCTS INC - NEW COMPANY IS NAMED FOSHAN FGD SMP AUTOMOTIVE COMPRESSOR CO LTD.STANDARD MOTOR PRODUCTS INC - BELIEVE TRANSACTION WILL BE ACCRETIVE TO EARNINGS IN YEAR ONE, EXCLUDING ONE-TIME INTEGRATION COSTS.  Full Article

Standard Motor Products announces new stock repurchase program
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Standard Motor Products Inc :Standard Motor Products, Inc. announces new stock repurchase program.‍Board of directors has authorized purchase of up to $10 million of its common stock under a stock repurchase program​.‍Company intends to fund stock repurchase program through its revolving credit facility​.  Full Article

Standard Motor Products Q3 EPS $0.74 from cont ops excluding items
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Standard Motor Products Inc ::Standard Motor Products, Inc. announces third quarter 2017 results and a quarterly dividend.Q3 earnings per share $0.74 from continuing operations excluding items.Q3 earnings per share $0.74 from continuing operations.Q3 sales $281.1 million versus I/B/E/S view $302.8 million.Q3 earnings per share view $0.86 -- Thomson Reuters I/B/E/S.  Full Article

Standard Motor Products Q2 EPS $0.86 from continuing operations
Wednesday, 3 Aug 2016 

Standard Motor Products Inc : Q2 earnings per share $0.86 from continuing operations . Excluding $8.5 million from recent wire acquisition, comparable net sales increased 7.6% for quarter . Qtrly net sales $289 million versus $269.4 million . Q2 earnings per share $0.88 from continuing operations excluding items . Q2 sales $289 million versus $269.4 million .Q2 earnings per share view $0.73, revenue view $279.6 million -- Thomson Reuters I/B/E/S.  Full Article