Welcome to our dedicated page for Rpm news (Ticker: RPM), a resource for investors and traders seeking the latest updates and insights on Rpm stock.
RPM International Inc. (NYSE: RPM) generates a steady flow of news that is highly relevant to investors, analysts and industry observers interested in specialty coatings, sealants and building materials. The company’s announcements frequently highlight record sales, segment performance and outlook updates across its consumer, construction products and performance coatings segments.
Recent earnings releases have detailed record quarterly and full-year results, including information on net sales, EBIT, adjusted EBIT and adjusted diluted EPS. These reports also discuss the impact of acquisitions, systems and turnkey solutions for high-performance buildings, and the contribution of MAP 2025 operational improvement initiatives. Geographic commentary often covers growth in Europe, North America and emerging markets, particularly in infrastructure and high-performance building projects.
RPM’s news flow also includes dividend declarations and increases, underscoring its multi-decade history of annual dividend growth. Press releases describe how this track record places RPM in a small group of U.S. public companies with more than 50 consecutive years of dividend increases.
Another key theme in RPM news is mergers and acquisitions. The company reports on strategic transactions such as Tremco Construction Products Group’s agreement to acquire Kalzip GmbH, a global leader in metal-based roofs and facades for building envelopes. These updates explain how acquisitions expand RPM’s building envelope portfolio and international reach.
In addition, RPM issues releases on leadership changes and organizational structure, including transitions to a three-segment reporting model and new executive appointments. For anyone following RPM stock, this news page offers a centralized view of financial results, strategic moves, corporate governance updates and dividend actions. Bookmark this feed to monitor how RPM’s operational performance, acquisitions and capital allocation decisions evolve over time.
RPM International Inc. (NYSE: RPM) will release its financial results for the fiscal 2021 third-quarter on April 7, 2021, before market opens. Subsequent to the release, management will host a conference call at 10:00 a.m. EDT to discuss the results, accessible via webcast or by phone. A replay will be available later that day. RPM operates in specialty coatings, sealants, and building materials across four segments, employing around 14,600 individuals globally. Further details can be found on the company's website.
RPM International Inc. (NYSE: RPM) announced that its chairman and CEO, Frank C. Sullivan, will present at the Bank of America Merrill Lynch Global Agriculture and Materials Virtual Conference on March 4, 2021, at 1:00 p.m. EST. The presentation will cover topics such as RPM's growth strategy, financial performance, and its 47 consecutive years of dividend increases. A live webcast will be available on RPM's website, with an archived replay accessible for 90 days after the event.
RPM International Inc. (NYSE: RPM) announced the retirement of Thomas S. Gross from its Board of Directors, effective May 31, 2021, after nearly nine years. Gross has been pivotal in advising the company, enhancing its operational efficiency and growth. RPM Chairman Frank C. Sullivan expressed gratitude for Gross’s contributions to the company's success. Under Gross’s tenure, RPM experienced significant increases in revenue and market capitalization, reflecting a strong upward trajectory. RPM operates in specialty coatings, sealants, and building materials, employing approximately 14,600 individuals worldwide.
RPM International Inc. (NYSE: RPM) announced that CEO Frank C. Sullivan will present at the UBS Virtual Chemicals West Coast Mini Conference on February 23, 2021 at 2:00 p.m. EST. The presentation will cover RPM's growth strategy, financial performance, highlighted by 47 consecutive years of dividend increases, capital structure, global operations, and acquisition program. A live webcast will be available on RPM's website, with a replay accessible within three hours post-event for 90 days.
RPM International Inc. (NYSE: RPM) has revised its financial expectations for the fiscal third quarter ended February 28, 2021, citing severe winter weather impacts across the U.S. Previously forecasting mid-single-digit revenue growth and over 30% adjusted EBIT growth, the company now anticipates low single-digit revenue growth and 10% to 15% adjusted EBIT growth. While disruptions have affected transportation and supply chains, RPM notes that most impacted business will likely be deferred to the strong spring selling season starting March 1. An updated full-year outlook will be shared on April 7, 2021.
RPM International (NYSE: RPM) announced it received an unsolicited mini-tender offer from TRC Capital to buy up to 1.5 million shares at $82.50 each, a 5.5% discount to the market price. RPM disassociates itself from this offer, urging stockholders to reject it due to the lower price and lack of investor protections. The offer is contingent on sufficient financing and no decrease in stock price. RPM advises any shareholders who tendered shares to withdraw them before the offer's expiration on March 10, 2021.
RPM International reported record fiscal Q2 2021 results with net sales reaching $1.49 billion, a 6.0% increase year-over-year. Net income surged 65.7% to $127.7 million, and diluted EPS rose 66.1% to $0.98. Adjusted EBIT also climbed 29.7% to $199.3 million. The Consumer Group showed exceptional growth with sales up 21.4% due to increased home improvement projects. Despite challenges in the Performance Coatings segment, overall cash flow rose 93.1% to a record $579.5 million, enhancing liquidity to $1.56 billion.
RPM International Inc. (NYSE: RPM) has declared a quarterly cash dividend of $0.38 per share, payable on January 29, 2021, to stockholders on record as of January 15, 2021. This marks the 47th consecutive year of increased dividends, with a total of approximately $2.6 billion returned to shareholders during this period. Following the last cash dividend increase of 5.6% in October 2020, RPM's current dividend yield stands at 1.68% at a share price of $90.50.
RPM International Inc. will release its financial results for Q2 fiscal 2021 on January 6, 2021, before market opening. The results will be accessible via newswire and the company's website. Management will hold a conference call at 10:00 a.m. EST on the same day for discussion, with limited Q&A for financial analysts. A replay will be available post-call until January 13, 2021. RPM operates in specialty coatings, sealants, and building materials, employing approximately 14,600 individuals globally.
RPM International Inc. announced the passing of former chairman and CEO, Thomas C. Sullivan, on November 30, 2020, at the age of 83. Sullivan joined RPM in 1961 and became CEO in 1971, guiding the company to over $2 billion in sales by 2002 through strategic growth and acquisitions. He retired in 2008 after nearly four decades of leadership. Current chairman Frank C. Sullivan praised Tom's legacy and impact on RPM's corporate culture. A private funeral mass will be live-streamed on December 5, 2020, with a celebration of life planned for July 17, 2021.