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PPG Industries, Inc. - PPG STOCK NEWS

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

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.

News
PPG Board of Directors authorizes $2.5 billion share repurchase program
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.
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PPG reports first quarter 2024 financial results
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.
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PPG highlights 2023 performance during annual meeting of shareholders
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.
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PPG Board of Directors announce quarterly dividend of 65 cents per share
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.
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PPG recognized on Newsweek’s ‘Most Trustworthy Companies in America 2024’ list
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.
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PPG receives ‘Gallup Exceptional Workplace Award’ for second consecutive year
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.
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PPG Names Robert Massy Chief Human Resources Officer
Rhea-AI Summary
PPG appoints Robert Massy as senior vice president and chief human resources officer, bringing extensive HR leadership experience from Westinghouse Electric Company. Massy will drive PPG's global HR organization, succeeding Kevin Walling. PPG aims to leverage Massy's expertise in leadership development, organizational effectiveness, and employee engagement to enhance its growth strategy and high-performance culture.
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PPG to announce first-quarter 2024 results April 18
Rhea-AI Summary
PPG (NYSE: PPG) announced details for its first-quarter 2024 earnings release and teleconference call. The earnings release is set for April 18, after U.S. stock markets close, with the teleconference on April 19 at 8 a.m. ET. PPG participants include Tim Knavish, Vincent Morales, and Jonathan Edwards. Registration for the conference call is available online. Webcast and telephone replay options are provided. The news release, prepared remarks, and financial details will be accessible on the PPG Investor Center and Newsroom.
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PPG appoints Lyndee Brassieur as vice president, environment, health and safety
Rhea-AI Summary
PPG appoints Lyndee Brassieur as Vice President of Environment, Health, and Safety, emphasizing a focus on employee safety, regulatory compliance, and global health initiatives. Brassieur's extensive industrial experience and leadership in operational excellence highlight PPG's commitment to EHS performance.
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PPG’s U.S. woodcare brands reveal Black Walnut as 2024 Stain Color of the Year
Rhea-AI Summary
PPG announces Black Walnut as the 2024 Stain Color of the Year for its woodcare brands, OLYMPIC® and PITTSBURGH PAINTS & STAINS®, offering elegance and warmth for contemporary exteriors.
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Stock PPG logo
PPG Industries, Inc.

NYSE:PPG

PPG Rankings

#364 Ranked by Market Cap
#1629 Ranked by Stock Gains
#1453 Ranked by Dividends

PPG Stock Data

31.64B
234.39M
0.31%
83.66%
1.76%
Paint and Coating Manufacturing
Manufacturing
Link
US
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.