Welcome to our dedicated page for Knoll news (Ticker: KNL), a resource for investors and traders seeking the latest updates and insights on Knoll stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Knoll's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Knoll's position in the market.
Knoll, Inc. (NYSE: KNL) announced plans to report its second-quarter financial results on July 23, 2020, after market close. A Q&A conference call will follow at 5:30 p.m. ET on the same day to address questions. Investors can access the live call via provided phone numbers. A replay will be available until July 30, 2020. Knoll is recognized for its design-driven brands including furniture and textiles, and is committed to sustainable design practices, aligning with the U.S. Green Building Council for LEED certification.
Knoll, Inc. (NYSE: KNL) has announced a $164 million investment from an independently managed subsidiary of Investindustrial VII L.P. This investment will take the form of convertible preferred stock, convertible into common shares at a premium price of $16.75. This transaction aims to fortify Knoll's balance sheet and reduce outstanding borrowings. The preferred stock carries a 4.50% dividend, payable in cash or in-kind initially. The deal is subject to customary closing conditions, including anti-trust reviews.
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