Welcome to our dedicated page for Alcoa news (Ticker: AA), a resource for investors and traders seeking the latest updates and insights on Alcoa stock.
Alcoa Corp (NYSE: AA) is a global leader in aluminum production, spanning bauxite mining, alumina refining, and primary metal manufacturing. This page serves as a comprehensive resource for tracking the company’s official announcements, strategic initiatives, and market developments.
Investors and industry stakeholders will find timely updates on earnings reports, operational milestones, sustainability efforts, and leadership changes. Our curated collection ensures access to Alcoa’s press releases and verified news articles, providing clarity on factors influencing the aluminum sector and AA’s position within it.
Key focuses include production innovations, commodity market trends, and Alcoa’s initiatives in energy efficiency and circular manufacturing. Bookmark this page to stay informed on critical developments affecting one of the industry’s most vertically integrated producers.
Alcoa (NYSE:AA) has announced the successful closing of a dual-tranche debt offering through its subsidiary Alumina Pty The offering consists of $500 million in 6.125% senior notes due 2030 and $500 million in 6.375% senior notes due 2032.
The notes are backed by senior unsecured guarantees from Alcoa and select subsidiaries. The funds will be utilized within the Alcoa group, particularly to support Alcoa Nederland Holding B.V. (ANHBV) in its tender offers for existing notes: the complete buyback of $750 million 5.500% Notes due 2027 and up to $250 million of the 6.125% Notes due 2028.
The notes were privately placed to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S of the Securities Act. Any remaining proceeds may be used for general corporate purposes, including potential redemption of existing notes.
Alcoa (NYSE:AA) has announced the results of two debt tender offers. The first offer involves purchasing any and all outstanding 5.500% senior unsecured notes due 2027, which expired on March 14, 2025. The second offer targets up to $250 million of 6.125% senior unsecured notes due 2028.
Due to high participation, Alcoa has increased the maximum principal amount for the 2028 notes from $250 million to $281,258,000, as holders tendered $281,258,000 in aggregate principal by the early tender date. Both offers were made by Alcoa Nederland Holding B.V. and are fully guaranteed by Alcoa.
Settlement for both offers is expected on March 19, 2025. Holders who tendered their 2027 notes by the expiration date and 2028 notes by the early tender date will receive their respective consideration on the settlement date.
Alcoa (NYSE:AA) has announced a cash tender offer for any and all outstanding 5.500% senior unsecured notes due 2027, issued by its wholly-owned subsidiary Alcoa Nederland Holding B.V. (ANHBV). The offer expires at 5:00 p.m., New York City time, on March 14, 2025.
The settlement date is expected to be March 19, 2025. Holders who validly tender their notes by the expiration date or follow the Guaranteed Delivery Procedures will receive the Any and All Total Consideration plus Accrued Interest. The tender offer is subject to certain conditions, including the Financing Condition.
Morgan Stanley & Co. and BofA Securities, Inc. are acting as dealer managers for the tender offer. D.F. King & Co., Inc. serves as the tender agent and information agent.
Alcoa (NYSE:AA) has announced that its wholly-owned subsidiary, Alumina Pty , has priced a $1 billion senior notes offering. The notes will be guaranteed by Alcoa and certain subsidiaries, with the sale expected to complete on March 17, 2025.
The funds will be deployed within the Alcoa group, primarily to finance tender offers for existing notes: the entire $750 million of 5.500% Notes due 2027 and up to $250 million of 6.125% Notes due 2028. Any remaining proceeds will be used for general corporate purposes, potentially including the redemption of existing notes.
The notes will be sold privately to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S of the Securities Act.
Alcoa (NYSE:AA) has announced a proposed offering of $1 billion in senior notes through its wholly-owned subsidiary Alumina Pty The notes will be guaranteed on a senior unsecured basis by Alcoa and certain subsidiaries.
The funds will be deployed within the Alcoa group, primarily to finance tender offers for existing notes: the entire $750 million of 5.500% Notes due 2027 and up to $250 million of 6.125% Notes due 2028. Any remaining proceeds will be used for general corporate purposes, potentially including the redemption of these existing notes.
The notes will be sold privately to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S of the Securities Act. The offering is not conditional upon the completion of the tender offers.
Alcoa (NYSE: AA) has announced that its subsidiary, Alcoa Nederland Holding B.V. (ANHBV), is launching offers to purchase certain outstanding securities. The primary offer includes purchasing any and all outstanding 5.500% senior unsecured notes due 2027.
The Any and All Offer expires on March 14, 2025, with a guaranteed delivery deadline of March 18, 2025. The purchase price will be determined based on the U.S. Treasury Reference Security yield plus a Fixed Spread. A separate Capped Offer expires on March 31, 2025, with an early tender date of March 14, 2025.
The offers are subject to several conditions, including a New Notes Offering of $1 billion aggregate principal amount by Alumina Pty , which will provide funding for the purchases. Notes can only be tendered in minimum denominations of US$200,000 and integral multiples of US$1,000 thereafter.
Alcoa has announced that Executive Vice President and CFO Molly S. Beerman will participate in J.P. Morgan's 2025 Industrials Conference in New York City on March 12, 2025. The event will feature a Q&A session at 10:30 a.m. EDT, where Beerman will discuss the company's business outlook and current market conditions, including factors affecting quarterly financial results.
A slide presentation will be made available on Alcoa's website investor section at approximately 7:00 a.m. EDT on the same day. The session will be accessible via live audio webcast through the company's website, with both transcript and audio replay available afterward in the Investors section.
Alcoa (NYSE: AA) has announced a quarterly cash dividend of $0.10 per share for both its common stock and Series A convertible preferred stock. The dividend will be paid on March 20, 2025 to stockholders of record as of the close of business on March 4, 2025.
Alcoa has announced that President and CEO William F. Oplinger will participate in the BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida, on February 25, 2025. The session will include a Q&A format starting at 9:30 a.m. EST, focusing on Alcoa's business outlook and current market conditions, including factors affecting the quarter's financial results.
A slide presentation will be available on Alcoa's website investor section from 7:00 a.m. EST on February 24, 2025. The company will provide a live audio webcast of the session, followed by a transcript and audio replay, all accessible through the investor section of www.alcoa.com.
Alcoa (NYSE: AA) reported strong Q4 and full-year 2024 results, showing significant financial improvements. Q4 revenue increased 20% sequentially to $3.5 billion, with net income rising 124% to $202 million ($0.76 per share). Full-year 2024 revenue grew 13% to $11.9 billion, with net income of $60 million ($0.26 per share).
Key achievements include setting annual production records at five smelters, delivering a $645 million profitability improvement program, completing the Kwinana refinery curtailment, acquiring Alumina , and announcing the sale of 25.1% interest in Ma'aden joint ventures. The company maintained a strong cash position of $1.1 billion, supported by a green bond issuance of $737 million.
Q4 alumina production decreased 2% to 2.39 million metric tons, while aluminum production increased 2% to 571,000 metric tons. The company paid quarterly dividends of $0.10 per share, totaling $90 million for the year.
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