Te Conne Stock Price, News & Analysis

TE Connectivity Ltd. (NYSE: TEL) announced the pricing of €550 million senior notes due 2029 with a 0.000% interest rate, issued by its subsidiary Tyco Electronics Group S.A. The notes will be sold at 99.101% of the principal amount and are set to close on February 16, 2021. Proceeds will support general corporate purposes. This offering follows an effective registration statement filed on December 17, 2018, and the announcement includes forward-looking statements concerning potential business risks including competition and the impacts of COVID-19.

TE Connectivity Ltd. (NYSE: TEL) reported a strong fiscal Q1 2021, with net sales reaching $3.5 billion, marking an 11% increase year over year. The company saw GAAP EPS of $1.13 and adjusted EPS of $1.47, up 21%. Orders totaled approximately $4 billion, a 25% rise. Cash flow from operations was $640 million, with $529 million in free cash flow. Looking forward, TE Connectivity anticipates second quarter sales of about $3.5 billion and GAAP EPS of $1.38, projecting a 10% year-over-year increase.

TE Connectivity Ltd. (NYSE: TEL) will release its first quarter fiscal 2021 financial results on Jan. 27, 2021, before market opening. An investor conference call will follow at 8:30 a.m. ET. Investors can access the call via TE's investor website or by telephone. The company, a leader in industrial technology with a market value of $12 billion, focuses on connectivity and sensor solutions across various sectors, ensuring advancements in technology for a connected future.

TE Connectivity Ltd. (NYSE: TEL) announced that its 2021 annual general meeting (AGM) will occur on March 10 at 2 p.m. CET in Zurich, Switzerland. Shareholders registered by Feb. 18 will be eligible to vote. Due to COVID-19, the AGM will be held without in-person attendance. Voting instructions will be provided to all eligible shareholders, and proxy materials will be accessible online. Shareholders are encouraged to review the definitive proxy statement for essential information.

TE Connectivity (NYSE: TEL) announces President Steven Merkt's virtual presentation at the J.P. Morgan Tech/Auto Forum on January 12, 2021, at 8:25 a.m. PST. This forum, part of the 2021 CES, will focus on TE's advancements in hybrid and electric vehicle technology. Merkt will discuss how TE partners with global auto leaders to tackle challenges in electric vehicle production. The presentation highlights TE's commitment to sustainable mobility, fueled by government regulations and consumer demand. TE Connectivity, a $12 billion tech leader, employs about 80,000 individuals worldwide.

The Board of Directors of TE Connectivity Ltd. (NYSE: TEL) has recommended increasing the quarterly dividend from $0.48 to $0.50 per share, effective from April 2021. This change raises the annual dividend to $2.00 per share. The proposal will be submitted for shareholder approval on March 10, 2021. TE Connectivity, a $12 billion global industrial technology leader, specializes in connectivity and sensor solutions across various industries.

TE Connectivity Ltd. (NYSE: TEL) has declared a quarterly dividend of $0.48 per share for Q1 of fiscal 2021. The dividend will be payable on December 4, 2020, to shareholders of record as of November 20, 2020. This dividend was approved at the annual general meeting held on March 11, 2020. TE Connectivity, a global leader in industrial technology with a revenue of $12 billion, focuses on connectivity solutions across various sectors, ensuring robust advancements in technology.