Welcome to our dedicated page for Cadre Hldgs news (Ticker: CDRE), a resource for investors and traders seeking the latest updates and insights on Cadre Hldgs stock.
Cadre Holdings, Inc. manufactures and distributes safety and survivability equipment for law enforcement, first responder, military and nuclear markets. Its product categories include body armor, explosive ordnance disposal equipment, duty gear, nuclear safety products and blast attenuation seating, with brands including Safariland and Med-Eng.
Recurring Cadre news centers on operating results and guidance, Product and Distribution segment performance, quarterly cash dividend actions, contract awards for mission-critical safety equipment, and acquisition activity tied to public safety and nuclear safety markets. Company updates also describe customer applications across federal, state and local law enforcement, fire and rescue professionals, emergency medical technicians and explosive ordnance disposal teams.
Cadre Holdings, Inc. (NYSE: CDRE) will release its third quarter 2021 financial results on December 2, 2021, after market close. A conference call will follow at 5:00 p.m. ET to discuss these results, featuring President Brad Williams and CFO Blaine Browers. Interested parties can join the call by dialing (844)-200-6205 (domestic) or (929)-526-1599 (international). A replay of the call will be available until December 16, 2021, and an online archiving will last for 30 days. Cadre specializes in safety and survivability equipment for first responders.
Cadre Holdings, Inc. has declared a quarterly cash dividend of $0.08 per share, equating to $0.32 annually. The initial payment will occur on December 7, 2021, for shareholders of record by November 22, 2021. Cadre, based in Jacksonville, Florida, specializes in safety equipment for first responders, including body armor and duty gear, serving over 104 countries. Future dividend declarations will depend on the Board's discretion.
Cadre Holdings, a leader in safety and survivability equipment, successfully closed its initial public offering (IPO) of 6,900,000 shares at $13.00 each, including the underwriters' additional purchase option. The shares began trading on the New York Stock Exchange under the ticker 'CDRE' on November 4, 2021. Major managers for the offering include Stifel, Raymond James, and B. Riley Securities. The proceeds from the IPO are expected to support the company’s growth in safety equipment for first responders and related sectors.
Cadre Holdings Inc. has announced the pricing of its initial public offering (IPO) of 6,000,000 shares at $13.00 per share, aiming to raise approximately $78 million before expenses. An additional 900,000 shares may be purchased by underwriters within a 30-day option. The IPO is expected to close on November 8, 2021, following its trading debut on the NYSE on November 4, 2021, under the ticker symbol 'CDRE'. Net proceeds of about $68 million will be used to repay borrowings and for general corporate purposes.