Welcome to our dedicated page for Howmet Aerospace news (Ticker: HWM), a resource for investors and traders seeking the latest updates and insights on Howmet Aerospace stock.
Howmet Aerospace Inc (HWM) delivers mission-critical engineered solutions for aerospace and transportation markets through advanced jet engine components, structural systems, and forged wheels. This news hub provides investors and industry professionals with authoritative updates on operational developments, financial performance, and technological innovations.
Access real-time announcements covering earnings reports, product launches, strategic partnerships, and manufacturing advancements. Our curated collection features press releases related to the company's Engine Products, Fastening Systems, and other core segments, offering insights into market leadership and engineering breakthroughs.
Key updates include progress on patented technologies, aerospace industry collaborations, and efficiency improvements across commercial transportation applications. Bookmark this page for streamlined access to Howmet Aerospace's latest advancements in lightweight materials and precision manufacturing solutions.
Howmet Aerospace Inc. (NYSE:HWM) has announced dividend payments for both its Common Stock and Class A Stock. The Board of Directors declared a dividend of 8 cents per share on the Common Stock, payable on August 26, 2024, to shareholders of record as of August 9, 2024. Additionally, a dividend of 93.75 cents per share was declared on the $3.75 Cumulative Preferred Stock (Class A Stock), to be paid on October 1, 2024, to shareholders of record as of September 13, 2024. This announcement demonstrates Howmet Aerospace's commitment to returning value to its shareholders through regular dividend distributions.
Howmet Aerospace (NYSE:HWM) will announce its Q2 2024 financial results on July 30, 2024. The press release and presentation materials will be available on the Howmet Aerospace website's 'Investors' section at 7:00 AM ET. A conference call and webcast, hosted by CEO John Plant and CFO Ken Giacobbe, will follow at 10:00 AM ET. Participants can pre-register for the call via a provided link. A webcast replay will be accessible on the company’s website, and a telephone replay will be available until August 13, 2024, using the provided access code.
Howmet Aerospace (NYSE:HWM) announced that its Executive Chairman and CEO, John C. Plant, will participate in Bernstein’s 40th Annual Strategic Decisions Conference. The event is scheduled for Wednesday, May 29th, 2024, at 3:30 PM ET. Interested parties can access a real-time audio webcast and a 30-day replay through the 'Investors/Events and Presentations' section on Howmet's website.
Howmet Aerospace Inc. (NYSE:HWM) will host its 2024 Annual Meeting of Shareholders virtually on May 22, 2024, at 12:00 p.m. Eastern Time. Shareholders as of March 25, 2024, the record date, can vote or submit questions via a webcast. The replay will be available until March 1, 2025, on the company website.
Howmet Aerospace reported record quarterly revenue of $1.82 billion, up 14% year over year, with strong profit and cash from operations. They deployed $150 million for common stock repurchases and increased their full-year 2024 guidance. Net income was $243 million, operating income margin was 20.2%, and adjusted EBITDA excluding special items was $437 million, up 21% year over year. The company generated $95 million of free cash flow and provided guidance for Q2 and full year 2024.
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