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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 recognized by JUST Capital for sixth consecutive year for environmental, community impact
Rhea-AI Summary
PPG (NYSE:PPG) has been recognized by JUST Capital for the sixth consecutive year in its 2024 list of America’s Most JUST Companies. PPG performed in the top half of the chemicals industry, outperforming the industry average in four of five categories, with its overall rank improving 258 spots from the previous year. The company's industry ranking also improved six spots. JUST Capital recognized 937 companies across 36 industries for the 2024 assessment, reflecting the public opinion of roughly 3,000 Americans. PPG's commitment to sustainability and the positive impact on customers, employees, stakeholders, and the environment has been validated by these results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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News
Timothy Knavish elected to Rockwell Automation Board of Directors
Rhea-AI Summary
Rockwell Automation (NYSE: ROK) announced the election of Timothy M. Knavish to its board of directors, effective Feb. 7, 2024. Knavish, the CEO of PPG (NYSE: PPG), brings a wealth of experience in global manufacturing, acquisitions, and workforce diversity. His addition to the board is expected to provide valuable counsel and leadership. Knavish has a strong record of leadership at PPG, having held various roles across different global regions before becoming COO in 2022 and CEO in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
management
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News
PPG and Tasca Racing extend partnership into 2024 drag racing season
Rhea-AI Summary
PPG extends sponsorship of Tasca Racing team for 2024 season, featuring the PPG Ford Dark Horse Nitro Mustang Funny Car in 4 events. The Nitro Funny Car will make its debut at the inaugural FloRacing PRO Superstar Shootout. PPG and Tasca Racing have a strong partnership, with PPG products being used in Tasca Automotive Group's collision centers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
partnership
News
PPG recognized by FORTUNE Magazine as a ‘World’s Most Admired Company’ for 16th Consecutive Year
Rhea-AI Summary
PPG (NYSE:PPG) ranked #2 in the chemicals industry and #232 on the overall World’s Most Admired Companies® List by Fortune Magazine. The company earned high marks in People Management and Social Responsibility, reflecting the dedication of its 50,000+ employees. PPG operates in 70+ countries, reporting net sales of $18.2 billion in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
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News
PPG announces executive appointments
Rhea-AI Summary
PPG (NYSE:PPG) announces key leadership changes as Irene Tasi and Alisha Bellezza are appointed to new senior vice president roles, effective March 1, 2024. Tasi, currently the chief growth officer, will lead the industrial coatings division, while Bellezza, the vice president of automotive coatings, will transition to the role of senior vice president of automotive coatings. The press release also highlights PPG's focus on sustainability, innovation, and growth initiatives, with net sales of $18.2 billion reported in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
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News
PPG global leaders transform Boys & Girls Club in Florida with COLORFUL COMMUNITIES project
Rhea-AI Summary
PPG (NYSE:PPG) completed a COLORFUL COMMUNITIES® project in collaboration with Heart of America to revitalize the Boys & Girls Clubs of Broward County Nan Knox Unit in Fort Lauderdale, Fla. More than 115 global leaders repainted the Club's learning center, art and computer rooms, and media center. PPG provided over 120 gallons of PPG PURE PERFORMANCE® paint and a grant to support STEM educational activities. The project aimed to create engaging learning spaces and inspire future leaders in industries PPG serves, including aviation. PPG has completed over 500 Colorful Communities projects, impacting more than 8.2 million people in 50 countries. PPG reported net sales of $18.2 billion in 2023, serving customers in construction, consumer products, industrial and transportation markets, and aftermarkets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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none
News
Stephen F. Angel to retire from PPG board of directors
Rhea-AI Summary
PPG (NYSE:PPG) announced the retirement of Stephen F. Angel, 68, from the board of directors, effective February 15, 2024. Angel played a crucial role in guiding PPG through complex issues and decisions. He served on the board for more than 13 years and contributed as a member of various committees. Angel's leadership and experience will be missed, and he will be serving as the chairman of the board of Linde plc and chair of the GE Vernova board. PPG reported net sales of $18.2 billion in 2023, operating in more than 70 countries and serving customers in various markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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management
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News
PPG reports fourth quarter and full-year 2023 financial results
Rhea-AI Summary
PPG (NYSE: PPG) reported record fourth quarter net sales of $4.4 billion, with a 4% year over year increase in net sales and a 1% organic sales growth. Quarterly earnings per diluted share (EPS) were $0.38, while adjusted EPS was $1.53. Full-year 2023 highlights include record sales of $18.2 billion, with 3% organic sales growth. The company reported a record operating cash flow of over $2.4 billion, up more than $1.4 billion year over year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.46%
Tags
earnings
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PPG Board of Directors announce quarterly dividend of 65 cents per share
Rhea-AI Summary
PPG (NYSE:PPG) has declared a regular quarterly dividend of 65 cents per share, continuing its streak of raising annual dividend payments for 52 years. The company has paid uninterrupted annual dividends since 1899, marking its 502nd consecutive dividend payment. PPG, operating in over 70 countries, reported net sales of $17.7 billion in 2022, serving customers in various markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
management dividends
News
PPG to review strategic alternatives for silica products business
Rhea-AI Summary
PPG (NYSE: PPG) engages Morgan Stanley & Co. LLC to review strategic alternatives for its silica products business, representing 1-2% of total net sales in 2023. CEO Tim Knavish emphasizes the business's value, innovation, and employees, with a review expected to be completed by mid-2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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Stock PPG logo
PPG Industries, Inc.

NYSE:PPG

PPG Rankings

#380 Ranked by Market Cap
#1629 Ranked by Stock Gains
#1412 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.