Johnson Ctls Intl Plc Stock Price, News & Analysis

Johnson Controls (NYSE: JCI), a leader in smart buildings, opened its $50 million OpenBlue Innovation Center in Singapore, aimed at creating sustainable environments. Located at the National University of Singapore, this center will serve as a living laboratory for developing customizable, contact-free applications using the OpenBlue digital technology suite. With support from ecosystem partners like NUS and Microsoft, the facility will focus on enhancing building performance and safety. Johnson Controls expects the center to generate over 100 jobs within four years, reinforcing its commitment to innovation in the region.

On September 16, 2020, Johnson Controls International plc (NYSE: JCI) announced a quarterly cash dividend of $0.26 per common share, payable on October 16, 2020. Shareholders on record by September 28, 2020 will receive this dividend. Johnson Controls has maintained a consecutive dividend payout since 1887, reflecting its commitment to returning value to shareholders. The company specializes in optimizing building performance across various sectors, supporting its ongoing initiatives to enhance safety and comfort.

Johnson Controls (NYSE: JCI) announced the pricing of its inaugural Green Bond offering, raising $625 million in ten-year notes aimed at funding sustainability projects aligned with the company's 2025 goals. Projects include eco-efficient products, green buildings, and renewable energy initiatives. The bond is part of a broader commitment to enhance sustainability performance, reflected in previous financing tied to sustainability metrics. The transaction is expected to close on Sept. 11, 2020, facilitated by multiple financial institutions.

Johnson Controls International (NYSE: JCI) will present at the 2020 RBC Capital Markets Global Industrials Virtual Conference on September 15, 2020, at 9:20 a.m. EDT. Key executives speaking include Chairman & CEO George Oliver, Vice Chairman & CFO Brian Stief, and CFO-Elect Olivier Leonetti. A live webcast will be available on the company's website. Johnson Controls operates in various industries, including healthcare and education, with a team of 105,000 experts globally, delivering innovative building technology solutions.

Johnson Controls (NYSE: JCI) has launched OpenBlue Healthy Buildings, a suite of digital solutions designed to enhance safety in shared spaces as employees return to offices. This innovative platform integrates hardware and software, offering features such as contact tracing, social distancing monitoring, and thermal cameras. It aims to streamline safety protocols, improve operational efficiency, and provide data-driven insights for space utilization. The mobile app enhances communication and employee engagement, facilitating a safer workplace environment.

Johnson Controls (NYSE: JCI) has achieved the ISASecure® Secure Development Lifecycle Assurance (SDLA) certification, affirming its compliance with the ISA/IEC 62443-4-1 cybersecurity standard. This certification demonstrates Johnson Controls' commitment to delivering secure building technologies through disciplined practices in product development globally. The SDLA program, certified by exida LLC, ensures that security processes are maintained throughout the development lifecycle, enhancing trust in smart building solutions. Jason Christman, VP of Product Security, emphasizes the increasing customer demand for cybersecurity.

Johnson Controls International plc (NYSE: JCI) has announced that Olivier Leonetti will succeed Brian Stief as the new Chief Financial Officer. Leonetti is set to join the company in the coming weeks, initially as CFO-elect, assuming the full role after the filing of the 2020 annual report. Stief will remain Vice Chairman and retire at the end of the year. Leonetti brings over 25 years of financial management experience, previously serving as CFO at Zebra Technologies and Western Digital Corporation. His expertise includes a focus on digital technologies and strategic transformations.

Johnson Controls (NYSE:JCI) has appointed Diane Schwarz as its new chief information officer (CIO), effective immediately. Schwarz will spearhead a comprehensive IT strategy aimed at enhancing reliability and alignment with business goals, further supporting the company's global growth. Previously, she held senior roles at Hunt Consolidated and Textron, showcasing her extensive experience in technology leadership. CEO George Oliver emphasized the importance of her role in fostering innovation and customer service through the company's connected solutions.

On Aug. 4, 2020, Johnson Controls (NYSE: JCI) announced it has acquired the remaining stake in Qolsys Inc., enhancing its capabilities in security and smart building solutions. Johnson Controls, which had held a majority stake since 2014, intends to leverage Qolsys's innovation to bolster its OpenBlue digital platform. Qolsys reported $150 million in revenues for fiscal year 2019, showcasing significant growth in the security market. This acquisition is seen as a strategic move to improve operational efficiencies and expand product offerings globally.