STOCK TITAN

PPG Industries, Inc. - $PPG STOCK NEWS

Welcome to our dedicated page for PPG Industries news (Ticker: $PPG), a resource for investors and traders seeking the latest updates and insights on PPG Industries 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 PPG Industries'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 PPG Industries's position in the market.

Rhea-AI Summary

Amyris, Inc. has appointed Kathy L. Fortmann as its new CEO, bringing 35 years of global business experience. Ms. Fortmann replaces Han Kieftenbeld and aims to lead the company through innovation and growth. With a background in specialty chemicals and ingredients, she is excited to work with the Board and colleagues to execute Amyris' strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary

PPG has once again achieved a gold rating for corporate social responsibility from EcoVadis, placing it in the top 7% of evaluated companies. The company excelled in environmental, labor and human rights, and sustainable procurement practices. Notably, PPG saw 44% of its sales from sustainably advantaged products, reduced its scope 1 and 2 greenhouse gas emissions by 10%, and had 97% of key suppliers assessed for sustainability and social responsibility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
none
-
Rhea-AI Summary
PPG appoints Pascal Tisseyre as vice president, government affairs, Europe, Middle East and Africa. The appointment aims to strengthen government relations and drive advocacy for the coatings industry in the region, focusing on initiatives like the EU Green Deal. Pascal Tisseyre's extensive business experience and strategic leadership will play a key role in advancing PPG's objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
management
Rhea-AI Summary
Kathy Fortmann joins PPG board of directors. PPG announced the election of Kathy L. Fortmann to its board of directors, effective July 17, 2024. Fortmann brings almost 35 years of global business experience, having held leadership positions in various multinational companies. She will serve on the Audit Committee and the Sustainability and Innovation Committee. PPG expressed confidence in Fortmann's leadership capabilities to strengthen the company and guide its strategic direction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
management
-
Rhea-AI Summary
PPG (NYSE:PPG) announces a $2.5 billion share repurchase program authorized by its board of directors, in addition to the existing $860 million authorization. The program allows for immediate repurchases without expiration, giving management discretion in the purchase conditions. Repurchases will be made in accordance with securities laws through open market or privately negotiated transactions. PPG reported net sales of $18.2 billion in 2023, serving various markets globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.12%
Tags
buyback management
-
Rhea-AI Summary
PPG reported first quarter 2024 financial results, with EPS of $1.69 and adjusted EPS of $1.86. Net sales were $4.3 billion, with a 2% decline in organic sales. Segment margins improved by 60 basis points year over year. Share repurchases totaled $150 million. The company highlighted growth in Mexico, China, and India, offset by challenges in Europe and the U.S. PPG remains focused on enterprise growth initiatives to drive higher sales volumes. Outlook for 2024 includes low single-digit percentage aggregate sales volume growth and adjusted EPS of $2.42-$2.52 per share for the second quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.12%
Tags
Rhea-AI Summary
PPG (NYSE:PPG) showcased its exceptional 2023 performance during its annual meeting of shareholders. The company achieved record sales, adjusted earnings per diluted share, and operating cash flow. With full-year net sales reaching around $18.2 billion, PPG continues to demonstrate strong financial growth and stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
none
-
Rhea-AI Summary
PPG's Board of Directors announces a quarterly dividend of 65 cents per share, showcasing the company's commitment to shareholders with a history of consistent dividend payments for over a century.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
management dividends
-
Rhea-AI Summary
PPG (NYSE:PPG) has been recognized as one of the Most Trustworthy Companies in America 2024 by Newsweek, based on high evaluations in customer, investor, and employee trust. The company's commitment to ethical standards and stakeholder relationships has earned it a place among the top trusted companies in the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
none
Rhea-AI Summary
PPG (NYSE:PPG) has been awarded the Gallup Exceptional Workplace Award for the second time, showcasing high employee engagement and a positive workplace culture. The company's employee involvement and engagement have significantly increased, with a 10% rise in the grand mean score from 2019 to 2023. PPG's efforts in promoting diversity, equity, and inclusion, as well as employee well-being, have been recognized globally. The company's commitment to creating a nurturing environment for its 50,000+ employees worldwide has led to notable achievements in workplace culture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
none
PPG Industries, Inc.

NYSE:PPG

PPG Rankings

PPG Stock Data

31.47B
234.39M
0.31%
83.66%
1.76%
Paint and Coating Manufacturing
Manufacturing
Link
United States of America
PITTSBURGH

About PPG

ppg industries' vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. through leadership in innovation, sustainability and color, ppg provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. founded in 1883, ppg has global headquarters in pittsburgh and operates in more than 70 countries around the world. reported net sales in 2014 were $15.4 billion. ppg shares are traded on the new york stock exchange (symbol:ppg). for more information, visit www.ppg.com and follow @ppgindustries on twitter.