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Gentex Corp (GNTX.OQ)

GNTX.OQ on NASDAQ Stock Exchange Global Select Market

24.04USD
22 Jun 2018
Change (% chg)

$-0.52 (-2.12%)
Prev Close
$24.56
Open
$24.79
Day's High
$24.79
Day's Low
$23.86
Volume
1,780,177
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624,280
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$25.41
52-wk Low
$16.60

Latest Key Developments (Source: Significant Developments)

Gentex Announces Capital Allocation Strategy
Friday, 9 Mar 2018 

March 9 (Reuters) - Gentex Corp ::GENTEX ANNOUNCES CAPITAL ALLOCATION STRATEGY, ADDITIONAL SHARE REPURCHASE AUTHORIZATION AND 10% INCREASE IN QUARTERLY CASH DIVIDEND.GENTEX - TARGETED TOTAL CASH POSITION LOWERED FROM $700 MILLION TO $525 MILLION.GENTEX CORP - TARGETED SHARE REPURCHASE AUTHORIZATION OF ABOUT $425 MILLION FOR CALENDAR YEAR 2018.GENTEX - DIVIDEND INCREASE OF 10 PERCENT TO $.44 PER SHARE ANNUALLY IS NOW EFFECTIVE.GENTEX - BOARD APPROVED SHARE REPURCHASE AUTHORIZATION OF 20 MILLION SHARES IS IN ADDITION TO PRIOR BUYBACK.GENTEX - CAPITAL ALLOCATION STRATEGY INCLUDES DEBT REPAYMENT OF $78 MILLION DURING FIRST THREE QTRS OF 2018.GENTEX - BOARD AUTHORIZED MANAGEMENT TO SECURE LINE OF CREDIT OF UP TO ADDITIONAL $150 MILLION.  Full Article

Gentex Announces Retirement Of CEO Fred Bauer
Saturday, 6 Jan 2018 

Jan 5 (Reuters) - Gentex Corp ::GENTEX CORPORATION ANNOUNCES RETIREMENT.SAYS CEO AND CHAIRMAN OF THE BOARD FRED BAUER TO RETIRE.SAYS JAMES WALLACE APPOINTED CHAIRMAN OF THE BOARD.ALSO ANNOUNCED RESIGNATION OF FRED BAUER FROM BOARD.  Full Article

GENTEX SAYS ON NOV 20 DIRECTOR PETER HOEKSTRA SENT CO LETTER OF RESIGNATION
Friday, 24 Nov 2017 

Nov 24 (Reuters) - Gentex Corp ::GENTEX - ‍ON NOV 20, DIRECTOR PETER HOEKSTRA SENT CO LETTER OF RESIGNATION IN CONJUNCTION WITH HIS APPOINTMENT AS U.S. AMBASSADOR TO NETHERLANDS​.  Full Article

Gentex reports Q3 earnings per share of $0.31
Friday, 20 Oct 2017 

Oct 20 (Reuters) - Gentex Corp :Gentex reports third quarter 2017 financial results.Q3 earnings per share $0.31.Q3 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Q3 sales $438.6 million versus I/B/E/S view $452 million.Sees FY ‍net sales in the range of $1.78 - $1.80 billion​.Sees ‍2017 capital expenditures $110 million - $120 million​.Sees Q4 ‍total light vehicle production 13.42 million​.Sees FY 2017 ‍total light vehicle production​ 53.06 million.FY2017 revenue view $1.81 billion -- Thomson Reuters I/B/E/S.  Full Article

GENTEX Q1 EARNINGS PER SHARE $0.33
Friday, 21 Apr 2017 

April 21 (Reuters) - Gentex Corp :GENTEX REPORTS FIRST QUARTER 2017 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.33.Q1 EARNINGS PER SHARE VIEW $0.31 -- THOMSON REUTERS I/B/E/S.Q1 SALES $453.5 MILLION VERSUS I/B/E/S VIEW $444.5 MILLION.EXPECTS ITS REVENUE ESTIMATES FOR 2(ND) AND 3(RD) QUARTER OF 2017 TO BE AT OR AROUND LOWER END OF ITS ANNUAL GUIDANCE RANGE.EXPECTS 4(TH) QUARTER TO RETURN TO HIGHER END OF ITS ANNUAL GUIDANCE RANGE.  Full Article

Gentex Corp reports Q2 earnings per share of $0.30
Friday, 22 Jul 2016 

Gentex Corp : Gentex reports second quarter 2016 financial results . Q2 earnings per share $0.30 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Q2 sales $423.8 million versus I/B/E/S view $417 million . Company intends to continue to repurchase additional shares of its common stock in future depending on macroeconomic issues . Sees 2016 net sales in the range $1.68 bln - $1.72 bln . 2016 forecast for total light vehicle production of 52.60 million . Q2 gross margin improved to 39.4% from 38.4% . Sees 2016 gross margin in the range 39 pct-39.5 pct .FY2016 revenue view $1.69 billion -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Gentex Reports Q1 Earnings Per Share Of $0.40

* Q1 EARNINGS PER SHARE VIEW $0.40 -- THOMSON REUTERS I/B/E/S