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PPG Industries Inc (PPG.N)

PPG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Trian Fund Management Reports Share Stake Of 2.6 Mln Shares In PPG Industries
Wednesday, 10 Oct 2018 

Oct 9 (Reuters) - PPG Industries Inc ::TRIAN FUND MANAGEMENT REPORTS SHARE STAKE OF 2.6 MILLION SHARES IN PPG INDUSTRIES - SEC FILING.TRIAN FUND - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 & WAS DISCLOED IN AN AMENDED 13F FORM.  Full Article

Trian Fund Management Takes Stake In PPG Industries - WSJ
Wednesday, 10 Oct 2018 

Oct 9 (Reuters) - :TRIAN FUND MANAGEMENT TAKES STAKE IN PPG INDUSTRIES INC- WSJ, CITING SOURCE.TRIAN FUND MANAGEMENT TAKES $690 MILLION, 2.9% STAKE IN PPG - WSJ, CITING SOURCE.  Full Article

PPG Industries Sees Q3 2018 Earnings Per Share $1.47 To $1.51 From Continuing Operations
Tuesday, 9 Oct 2018 

Oct 8 (Reuters) - PPG Industries Inc ::PPG PROVIDES UPDATE ON THIRD QUARTER 2018 FINANCIAL RESULTS.SEES Q3 2018 ADJUSTED EARNINGS PER SHARE $1.41 TO $1.45 FROM CONTINUING OPERATIONS.SEES Q3 2018 EARNINGS PER SHARE $1.47 TO $1.51 FROM CONTINUING OPERATIONS.SEES Q4 EARNINGS PER SHARE $1.03 TO $1.13.SEES Q3 2018 SALES ABOUT $3.8 BILLION.DURING QUARTER, SAW OVERALL DEMAND IN CHINA SOFTEN."DURING QUARTER, WE SAW OVERALL DEMAND IN CHINA SOFTEN".EXPERIENCED WEAKER AUTOMOTIVE REFINISH SALES IN QUARTER.EXPECTS Q3 SALES VOLUME GROWTH OF ABOUT 2 PERCENT.SEVERAL OF CO'S U.S. AND EUROPEAN CUSTOMERS ARE CARRYING HIGH INVENTORY LEVELS DUE TO LOWER END-USE MARKET DEMAND.PPG INDUSTRIES-IMPACT FROM WEAKENING FOREIGN CURRENCIES, PRIMARILY IN EMERGING REGIONS, RESULTED IN YEAR-OVER-YEAR DECREASE IN INCOME OF ABOUT $15 MILLION.CEO SAYS "DISAPPOINTED WITH Q3 EARNINGS RESULTS".PPG INDUSTRIES -REMAIN COMMITTED TO EARNINGS-ACCRETIVE CASH DEPLOYMENT & EXPECT TO DEPLOY ABOUT $1 BILLION ON ACQUISITIONS OR SHARE REPURCHASES DURING Q4.IN QUARTER, EXPECT HIGHER SELLING PRICES SEQUENTIALLY VERSUS Q2.PPG INDUSTRIES - ANTICIPATING CONTINUED RAW MATERIAL COST INFLATION IN Q4.IN Q4, EXPECT MARGINS TO BE COMPARABLE VERSUS Q4 2017 IN AGGREGATE.Q3 EARNINGS PER SHARE VIEW $1.59, REVENUE VIEW $3.88 BILLION -- THOMSON REUTERS I/B/E/S.Q4 EARNINGS PER SHARE VIEW $1.35 -- THOMSON REUTERS I/B/E/S.  Full Article

PPG Directors Approve Seven-Percent Dividend Increase To 48 Cents Per Share
Thursday, 19 Jul 2018 

July 19 (Reuters) - PPG Industries Inc ::PPG DIRECTORS APPROVE SEVEN-PERCENT DIVIDEND INCREASE TO 48 CENTS PER SHARE.  Full Article

Paint Maker PPG Discloses SEC Probe - WSJ
Thursday, 28 Jun 2018 

June 28 (Reuters) - :PAINT MAKER PPG DISCLOSES SEC PROBE - WSJ.  Full Article

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
Wednesday, 3 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

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