STOCK TITAN

Linde Plc. - LIN STOCK NEWS

Welcome to our dedicated news page for Linde Plc. (Ticker: LIN), a resource for investors and traders seeking the latest updates and insights on Linde Plc..

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 Linde Plc.'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 Linde Plc.'s position in the market.

Rhea-AI Summary
Linde (LIN) has been recognized in S&P Global's Sustainability Yearbook 2024 for its sustainable business practices, ranking among the top 15% globally. The company's commitment to sustainability is evident through GHG emissions reduction targets, increased R&D spending on decarbonization, and expanded Human Rights policy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Linde (LIN) to release first quarter 2024 financial results on May 2, 2024. Conference call and webcast details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
-
News
Rhea-AI Summary
Linde plc (LIN) declares a 9% increase in quarterly dividend to $1.39 per share, marking the 31st consecutive year of dividend increases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
dividends
Rhea-AI Summary
Linde plc appoints Paula Rosput Reynolds as a new director, bringing extensive energy sector expertise to the board. Reynolds has a strong background in executive leadership and board service, with notable roles at Duke Energy Power Services, AGL Resources, Safeco Corporation, and AIG. She currently leads PreferWest LLC and serves on the boards of National Grid plc, General Electric Company, and BP plc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
Tags
management
-
Rhea-AI Summary
Linde plc (NASDAQ:LIN) reported a 2% decrease in sales for the full year 2023, but underlying sales increased by 5%. Operating profit was $8.0 billion, adjusted operating profit was $9.1 billion, up 15%. The company returned $6.4 billion to shareholders. Fourth-quarter sales were $8.3 billion, up 5% YoY, with an operating profit of $2.0 billion. The company expects adjusted diluted earnings per share for 2024 to be in the range of $15.25 to $15.65, up 7% to 10% versus prior year. Linde generated strong operating cash flow of $9.3 billion in 2023 and invested $3.8 billion in capital expenditures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
Tags
-
Rhea-AI Summary
Linde (Nasdaq:LIN) has signed two new long-term power purchase agreements for the supply of renewable energy in China, totaling 320 gigawatt hours per year. The agreements with Guangdong Energy Group and China Three Gorges Corporation will help reduce Linde's Scope 2 emissions and enable the company to supply industrial gases with a lower carbon intensity to its customers in China. The renewable energy will be generated by solar projects in Guangdong and Jiangsu, with supply starting in the first quarter of 2024. These agreements support Linde's progress towards its science-based absolute greenhouse gas reduction target for 2035 and its 2050 climate neutrality ambition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
Rhea-AI Summary
Linde (Nasdaq:LIN) announced that it is supplying clean hydrogen and captured carbon dioxide to Celanese, a global chemical and specialty materials company, for use in the production of methanol with a lower carbon intensity. This expansion of the existing long-term agreement aims to support Celanese's goal of reducing the carbon intensity of its products. Linde is actively aiding its customers' decarbonization efforts and investing in its Clear Lake facility to enable the production of essential chemicals with a lower carbon intensity, playing a key role in the clean energy transition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
-
Rhea-AI Summary
Linde (NASDAQ:LIN) has expanded its long-term agreement with Steel Authority of India Limited (SAIL) to supply industrial gases to SAIL's Rourkela steel plant in India. The expansion includes the construction of a new 1,000 tons per day air separation unit (ASU) at an investment of approximately $60 million, aimed to support SAIL's expansion and modernization program. The new facility is expected to come online in 2026 and will also supply industrial gases to Linde's existing and new local merchant customers in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
-
Rhea-AI Summary
Linde (LIN) announced a record number of new small on-site projects in 2023, with 53 projects signed totaling $270 million in capex. The projects utilize Linde's ECOVAR technology for nitrogen and oxygen supply, catering to sectors such as battery storage, glass, and metals. The company's oxy-fuel applications contribute to reduced fuel consumption and emissions, driving project wins. CEO Sanjiv Lamba highlighted the efficiency and sustainability benefits of Linde's small on-site technology and the popularity of modular multi-plant solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
none
Rhea-AI Summary
Linde (LIN) to release Q4 2023 financial results on February 6, 2024. Conference call and webcast details provided for public access.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
Linde Plc.

NYSE:LIN

LIN Rankings

LIN Stock Data

218.15B
479.89M
0.2%
86.82%
0.86%
Specialty Chemicals
Basic Materials
Link
United Kingdom
Woking

About LIN

Linde plc is a global multinational chemical company founded in Germany and, since 2018, domiciled in Ireland and headquartered in the United Kingdom. Linde is the worlds largest industrial gas company by market share and revenue.