Welcome to our dedicated page for Api Group news (Ticker: APG), a resource for investors and traders seeking the latest updates and insights on Api Group stock.
APi Group Corporation (NYSE: APG) is a global business services provider focused on fire and life safety, security, elevator and escalator, and specialty services, and its news flow reflects this mix. Company updates frequently highlight developments in its Safety Services and Specialty Services segments, recurring inspection and service activities, and capital allocation decisions.
News about APi often centers on financial results and guidance. The company regularly issues quarterly earnings releases that discuss net revenues, segment performance, adjusted EBITDA, and organic net revenue growth, as well as updates to full-year outlooks. These releases also describe trends in recurring inspection, service, and monitoring revenues, project activity, and margin dynamics across Safety Services and Specialty Services.
Another key theme in APi’s news is acquisition and growth activity. The company has announced agreements such as the planned acquisition of CertaSite, an inspection-first provider of fire and life safety services in the Midwest region, which APi describes as aligned with its inspection-first strategy and recurring revenue focus. News items may also reference bolt-on acquisitions and the role of M&A in supporting APi’s long-term financial framework.
Investors following APG news will also see capital markets and shareholder-related announcements, including information on stock splits, stock dividends related to preferred shares, and responses to unsolicited mini-tender offers. In addition, APi issues releases about participation in investor conferences and the timing of upcoming earnings calls, providing access details for webcasts and replays.
This news page aggregates these types of updates so readers can review earnings releases, acquisition announcements, conference participation notices, and other corporate communications related to APi Group Corporation in one place.
APi Group Corporation (NYSE:APG) announced a transition to a virtual-only format for its 2020 Annual Meeting of Stockholders due to COVID-19 concerns. The meeting is scheduled for August 13, 2020, at 9:30 a.m. Eastern Time, with stockholders as of June 25, 2020, eligible to attend and vote. To join, stockholders must visit the provided link and enter a control number and password. Beneficial owners must register in advance with proof of their holdings. The proxy materials remain valid despite the format change, and the agenda will be accessible during the virtual meeting.
APi Group Corporation (NYSE: APG) announced that its May year-to-date adjusted EBITDA met expectations, despite revenue impacts from COVID-19. The company reported approximately $300 million in cash and equivalents as of May. Additionally, APG joined the Russell 3000 and Russell 2000 Index as of June 29, 2020, which provides automatic inclusion in larger capital indexes. The company is set to report its second-quarter results in August.