RPM International Inc. Declares Quarterly Cash Dividend, Payable on July 31, 2015
Jul 2 15
RPM International Inc. announced that its board of directors has declared a regular quarterly cash dividend of $0.26 per share, payable on July 31, 2015 to stockholders of record as of July 13, 2015.
RPM International Inc. Presents at Credit Suisse 2015 Boston Basic Materials Conference, Jun-24-2015 01:00 PM
May 22 15
RPM International Inc. Presents at Credit Suisse 2015 Boston Basic Materials Conference, Jun-24-2015 01:00 PM. Venue: Credit Suisse offices, 1 Federal Street, 18th floor, Boston, Massachusetts, United States. Speakers: Barry M. Slifstein, Vice President of Investor Relations & Planning, Russell L. Gordon, Chief Financial Officer and Vice President.
RPM International Inc. Announces Auditor Changes
May 4 15
The audit committee of the Board of Directors of RPM International Inc. conducted a comprehensive, competitive process to determine the company’s independent registered public accounting firm for the company’s fiscal year ending May 31, 2016. On April 28, 2015, the audit committee approved the engagement of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the company’s fiscal year ending May 31, 2016, and the dismissal of Ernst & Young LLP. The dismissal of EY will become effective upon the issuance by EY of its reports on the company’s consolidated financial statements as of and for the year ending May 31, 2015 and the effectiveness of internal control over financial reporting as of May 31, 2015 to be included in the company’s annual report.
Rpm International Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended February 28, 2015; Provides Earnings Guidance for the Fiscal Year of 2015
Apr 8 15
RPM International Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended February 28, 2015. For the period, the company reported net sales of $946,367,000 compared to $863,410,000 a year ago. Earnings before interest and taxes (EBIT) were $34,227,000, compared $37,174,000 in the fiscal 2014 third quarter. Net loss attributable to RPM International Inc. Stockholders was $57,348,000, or $0.44 per diluted share, compared to the reported net income attributable to RPM International Inc. Stockholders for the year-ago quarter of $16,221,000 or $0.12 per diluted share. Income before income taxes was $20,427,000 compared to $25,185,000 a year ago.
For the nine months, the company’s net sales of $3,221,391,000 compared with $3,099,571,000 a year ago. EBIT was $318,013,000 compared with $317,609,000 a year ago. Net income attributable to RPM International Inc. Stockholders was $111,497,000, or $0.84 per diluted share compared with net income of $182,881,000, or $1.37 per diluted share, in the year-ago period. Income before income taxes was $274,225,000 compared to $269,985,000 a year ago. Cash provided by operating activities was $24,115,000 compared to $25,903,000 a year ago. Capital expenditures were $47,293,000 compared to $54,277,000 a year ago.
The company provided earnings guidance for the fiscal year of 2014. For the period, The company expects to be at the upper end of current earnings per share guidance range of $2.25 to $2.30 per share for the full 2015 fiscal year.
RPM International Mulls Acquisitions
Apr 8 15
RPM International Inc. (NYSE:RPM) is seeking acquisitions. Frank Sullivan, Chief Executive Officer Frank Sullivan of RPM International Inc., said, “RPM International will continue to seek acquisitions and increase its dividend, following a deal it made to address its asbestos liabilities.” “The size of the acquisitions would be as small as $5 million to as large as $500 million,” Frank Sullivan said. “These challenging times some interesting opportunities in Europe," Frank Sullivan said.