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TE Connectivity Ltd (TEL.N)

TEL.N on New York Stock Exchange

100.57USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

TE Connectivity Ltd Says CEO Terrence Curtin's FY 2017 Total Compensation Was $10.4 Million
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Te Connectivity Ltd ::TE CONNECTIVITY LTD SAYS CEO TERRENCE CURTIN'S FY 2017 TOTAL COMPENSATION WAS $10.4 MILLION - SEC FILING.TE CONNECTIVITY LTD SAYS EXECUTIVE CHAIRMAN THOMAS LYNCH'S FY 2017 TOTAL COMPENSATION WAS $8.2 MILLION.  Full Article

TE Connectivity Says Thomas Lynch Announced His Retirement As Executive Chairman Of Co
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Te Connectivity Ltd ::TE CONNECTIVITY SAYS ON DEC 14, THOMAS LYNCH ANNOUNCED HIS RETIREMENT AS EXECUTIVE CHAIRMAN OF CO EFFECTIVE MARCH 14, 2018 - SEC FILING.  Full Article

TE Connectivity Board Approves Additional $1.5 Bln Share Repurchase
Friday, 8 Dec 2017 

Dec 8 (Reuters) - TE Connectivity Ltd ::TE CONNECTIVITY BOARD APPROVES ADDITIONAL $1.5 BILLION SHARE REPURCHASE.TE CONNECTIVITY LTD - BOARD ALSO APPROVES RECOMMENDATION TO RAISE ANNUALIZED DIVIDEND TO $1.76 PER SHARE.TE CONNECTIVITY LTD - BOARD APPROVED INCREASE CO'S QUARTERLY DIVIDEND FROM $0.40 TO $0.44 PER SHARE.  Full Article

TE Connectivity Q4 adjusted earnings per share $1.25
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - TE Connectivity Ltd :TE connectivity announces fourth quarter and full year results for fiscal year 2017.Q4 adjusted earnings per share $1.25.Q4 earnings per share $1.21 from continuing operations.Sees Q1 2018 sales $3.35 billion to $3.45 billion.Q4 sales $3.5 billion versus I/B/E/S view $3.28 billion.Q4 earnings per share view $1.16 -- Thomson Reuters I/B/E/S.Sees Q1 2018 adjusted earnings per share $1.23 to $1.27.Sees Q1 2018 earnings per share $1.12 to $1.16 from continuing operations.Sees FY 2018 sales $13.7 billion to $14.1 billion.Q1 earnings per share view $1.12, revenue view $3.17 billion -- Thomson Reuters I/B/E/S.FY2018 earnings per share view $5.05, revenue view $13.47 billion -- Thomson Reuters I/B/E/S.  Full Article

TE Connectivity unit TE SubCom to co-build Pacific Light Cable Network with Facebook, Google and PLDC
Wednesday, 12 Oct 2016 

TE Connectivity Ltd :Unit TE SubCom, along with Facebook, Google, and PLDC, announced that they will co-build Pacific Light Cable Network.  Full Article

TE Connectivity Terrence Curtin will succeed CEO Tom Lynch
Monday, 3 Oct 2016 

TE Connectivity Ltd : Lynch will continue as executive chairman of board after transition . Lynch has served as company's chief executive officer since January 2006, was elected to chairman of board in January 2013 . TE Connectivity president Terrence Curtin will succeed CEO tom lynch, effective march 9, 2017 .Company to report 2016 full-year financial results on November 2, 2016.  Full Article

TE Connectivity posts Q3 adjusted earnings of $1.08/share
Wednesday, 20 Jul 2016 

Te Connectivity Ltd: TE Connectivity posts fiscal 2016 third quarter results . Q3 adjusted earnings per share $1.08 . Q3 GAAP earnings per share $2.19 . Q3 GAAP earnings per share $2.19 from continuing operations . Q3 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Sees Q4 2016 adjusted earnings per share $1.17 to $1.23 . Sees fy2016 GAAP earnings per share $5.13 to $5.19 . Sees Q4 2016 GAAP earnings per share $1.10 to $1.16 . Sees Q4 2016 sales $3.25 billion to $3.45 billion . Sees fy2016 sales up 11 percent . Sees fy2016 sales $12.15 billion to $12.35 billion . Q3 sales $3.12 billion versus i/b/e/s view $3.13 billion . For full year, reiterating adjusted EPS guidance . For Q4, expect adjusted EPS of $1.17 to $1.23 on sales of $3.25 billion to $3.45 billion . Q3 earnings per share view $1.03, revenue view $3.13 billion -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $3.98, revenue view $12.28 billion -- Thomson Reuters I/B/E/S .TE Connectivity Ltd qtrly total company orders were $2.9 billion, up seven percent sequentially, excluding subcom.  Full Article

TE Connectivity was reimbursed $305 million by Tyco International and Covidien pursuant to their indemnifications for pre-separation tax matters
Tuesday, 31 May 2016 

Te Connectivity Ltd : Company's net cash payment was $140 million during q2 of fiscal 2016, representing company's share of total amount payable to irs . Was reimbursed $305 million by tyco international and covidien pursuant to their indemnifications for pre-separation tax matters .Company paid $2 million to covidien for company's share of deficiencies for which covidien was primary obligor.  Full Article

Medtronic says paid $10 mln in Q4 to IRS related to settlement of tax disputes
Tuesday, 31 May 2016 

Medtronic : Paid $183 million to te connectivity,got $2 million from Tyco,representing estimated share payable to or receivable from tax sharing participants .During Q4 paid $10 million to IRS related to settlement to resolve all federal tax disputes related to previously disclosed intercompany debt issues.  Full Article

TE Connectivity Ltd to acquire Creganna Medical Group
Tuesday, 2 Feb 2016 

TE Connectivity Ltd:Entered into a definitive agreement to acquire the Creganna Medical group for $895 million in an all cash transaction.Company expects $0.03 accretion to TE's adjusted EPS in the first full fiscal year.Company expects the transaction to boost revenue growth and EBITDA margins.Transaction will be financed through cash and debt.Upon completion of the transaction, the business will be reported as part of TE's Industrial Solutions segment.  Full Article

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