Welcome to our dedicated page for Amphenol news (Ticker: APH), a resource for investors and traders seeking the latest updates and insights on Amphenol stock.
Amphenol Corporation reports developments in its global business designing, manufacturing and marketing electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products, and coaxial, high-speed, fiber optic and specialty cable. Company updates commonly cover demand across automotive, commercial aerospace, communications networks, defense, industrial, information technology and data communications, and mobile device markets.
Recurring APH news also includes operating results, order trends, completed acquisitions, dividends, share repurchases, capital-structure actions and board governance matters. Amphenol sells through its global sales force, independent representatives and electronics distributors, with manufacturing and assembly operations in approximately 40 countries.
Amphenol Corporation (NYSE: APH) has declared a dividend of $0.145 per share for the third quarter of 2021. This decision was made at the Board of Directors meeting on August 4, 2021. Shareholders of record as of September 21, 2021, will receive their dividends on October 13, 2021. As a leading manufacturer in the interconnect market, Amphenol continues to demonstrate strong performance and shareholder commitment.
Amphenol Corporation (NYSE: APH) reported impressive second quarter 2021 results, with sales increasing by 34% year-over-year, driven by growth in automotive, industrial, military, and broadband markets. Adjusted Diluted EPS exceeded guidance, showcasing the company's financial strength. Amphenol returned $254 million to shareholders through stock buybacks and dividends. The company also announced the acquisition of Unlimited Services, enhancing its industrial market capabilities. For Q3 2021, Amphenol expects sales between $2.640 billion and $2.700 billion, representing 14% to 16% growth.
Amphenol Corporation (NYSE: APH) has appointed Nancy Altobello to its board of directors, expanding the board to 10 members. Altobello brings over 30 years of experience in global audit and talent management, previously serving as Global Vice Chair, Talent at Ernst & Young. Her background includes significant roles at EY and board membership at MarketAxess, Cornerstone On Demand, and Wex. Amphenol's leadership expressed confidence in her ability to contribute to the company's growth and corporate culture transformation.
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Amphenol Corporation (NYSE: APH) has declared a second quarter 2021 dividend of $0.145 per share, approved in the Board meeting on May 5, 2021. This dividend reflects a two-for-one stock split effective March 4, 2021. Shareholders of record by June 22, 2021 will receive the payment on July 14, 2021. Amphenol is a leading global manufacturer specializing in electrical, electronic, and fiber optic connectors, positioned strongly in high-growth interconnect markets such as Automotive and Data Communications.
Amphenol Corporation (NYSE: APH) reported strong Q1 2021 results, achieving sales growth of 28% and Adjusted Diluted EPS exceeding guidance. The company announced a new $2 billion stock repurchase program, bringing total capital returned to shareholders in Q1 to $240 million, including $87 million in dividends. Amphenol completed five acquisitions this year, enhancing its capabilities in various markets. For Q2 2021, it expects sales between $2.415 and $2.475 billion, with EPS guidance of $0.53 to $0.55. The company remains optimistic about growth driven by technological advancements.
Amphenol Corporation (NYSE: APH) has successfully completed the acquisition of MTS Systems Corporation. With this acquisition, MTS's common stock will no longer trade on NASDAQ. Amphenol anticipates that MTS Sensors will contribute approximately $350 million in sales and be $0.05 accretive to earnings per share within 12 months, excluding acquisition-related costs. Additionally, Amphenol plans to sell the MTS Test & Simulation business to Illinois Tool Works Inc. for $750 million, pending regulatory approvals.
MTS Systems Corporation (Nasdaq: MTSC) announced that its shareholders approved the merger with Amphenol Corporation (NYSE: APH) during a special meeting on March 4, 2021. This merger will turn MTS into a wholly-owned subsidiary of Amphenol. The completion of the merger is contingent upon satisfying customary closing conditions, including regulatory approvals. Following the shareholder approval, final voting results will be reported to the SEC. J.P. Morgan Securities LLC and Evercore are MTS' financial advisors, with Sidley Austin LLP providing legal counsel.
Amphenol Corporation (NYSE: APH) announced a dividend of $0.29 per share for Q1 2021, approved by its Board of Directors on February 3, 2021. The dividend will be distributed on April 14, 2021, to shareholders recorded by March 23, 2021. As a leading global manufacturer of interconnect systems, Amphenol operates across diverse industries, showcasing its significant role in the automotive, aerospace, and communications sectors.
Amphenol Corporation (NYSE: APH) reported strong fourth quarter 2020 results, achieving record sales and Adjusted Diluted EPS that exceeded expectations, despite challenges from COVID-19. Sales rose 13%, driven by growth in mobile devices, industrial, and automotive markets. The company completed $641 million in share repurchases and distributed $298 million in dividends for 2020. Exciting acquisitions, including MTS Systems and Positronic, aim to expand product offerings. A 2-for-1 stock split is set for March 4, 2021. However, guidance for full-year 2021 remains undetermined due to ongoing uncertainties.