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PPG Industries Inc (PPG.N)

PPG.N on New York Stock Exchange

117.46USD
23 Feb 2018
Change (% chg)

$1.60 (+1.38%)
Prev Close
$115.86
Open
$116.68
Day's High
$117.60
Day's Low
$115.90
Volume
307,027
Avg. Vol
407,894
52-wk High
$122.06
52-wk Low
$100.40

Latest Key Developments (Source: Significant Developments)

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

Ppg Board Of Directors Authorizes $2.5 Billion Share Repurchase Program
Friday, 15 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
Saturday, 18 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

PPG Industries says will divest ownership interest in PFG fiber glass JVs
Thursday, 22 Sep 2016 

PPG Industries Inc : PPG reaches agreement to divest its ownership interest in PFG fiber glass joint ventures . Financial terms were not disclosed .To divest its 50 percent ownership interests in its two PFG fiber glass joint ventures (PFG) to Nan Ya Plastics Corp.  Full Article

PPG says executive chairman Bunch to retire
Thursday, 21 Jul 2016 

PPG Industries Inc : President and chief executive officer Michael McGarry will become chairman and CEO effective same day . Bunch to retire as PPG executive chairman, CEO McGarry elected to succeed .Charles Bunch to retire Sept. 1 as executive chairman of PPG board of directors.  Full Article

PPG Industries sells flat glass operations to Vitro
Thursday, 21 Jul 2016 

PPG Industries Inc: PPG reaches agreement with Vitro for sale of flat glass operations . Says PPG will receive approximately $750 million in gross cash proceeds . PPG will receive approximately $750 million in gross cash proceeds . PPG Industries Inc says PPG will divest its entire flat glass manufacturing and glass coatings operations .Under terms, PPG will divest its entire flat glass manufacturing and glass coatings operations, including production sites.  Full Article

BRIEF-Ppg Industries Inc Says CEO Michael Mcgarry's FY 2017 Total Compensation Was $14.2 Mln

* PPG INDUSTRIES INC SAYS CEO MICHAEL MCGARRY'S FY 2017 TOTAL COMPENSATION WAS $14.2 MILLION VERSUS $12.5 MILLION IN FY 2016 - SEC FILING Source text : http://bit.ly/2suTxo8 Further company coverage: