Welcome to our dedicated page for Terex news (Ticker: TEX), a resource for investors and traders seeking the latest updates and insights on Terex stock.
Terex Corporation (NYSE: TEX) is frequently in the news as a global industrial equipment manufacturer focused on materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. Company press releases highlight developments across its Aerials, Materials Processing (MP), and Environmental Solutions (ES) segments, as well as corporate actions that shape its portfolio.
News coverage for TEX often includes quarterly earnings results, where Terex reports segment performance, bookings, margins, cash flow, and capital allocation decisions such as dividends and share repurchase authorizations. These updates provide insight into demand trends in areas like refuse collection vehicles, Terex Utilities installations, and materials processing equipment, as well as comments from management on tariffs, market conditions, and strategic priorities.
Terex news also features strategic transactions and portfolio moves. Recent examples include the agreement and subsequent completion of the sale of its Terex Tower and Rough Terrain Cranes businesses to Raimondi Cranes SpA, and the announcement of a definitive merger agreement with REV Group, Inc. to form a combined specialty equipment manufacturer. The company has additionally announced plans to initiate a process to exit its Aerials segment, reflecting an ongoing shift toward end markets it characterizes as less cyclical.
Other TEX headlines cover financing and governance updates, such as the re-pricing of its term loan to reduce interest costs, the declaration of quarterly dividends, and changes to the board of directors. Investors and observers who follow Terex news can track how these operational, financial, and strategic announcements relate to its global manufacturing footprint in North America, Europe, and Asia Pacific and its focus on environmental and digital solutions.
For users monitoring TEX, this news stream offers a centralized view of Terex’s earnings releases, transaction announcements, capital structure updates, and segment-level commentary over time.
Terex (NYSE: TEX) has announced participation in several industrial investor conferences. KeyBanc's 2024 Industrials & Basic Materials Conference will take place on Wednesday, May 29th. Stifel's 2024 Cross Sector Insight Conference is scheduled for Wednesday, June 5th at 10:55 AM EDT. Additionally, Terex will present at Deutsche Bank's Global Industrials, Materials & Building Products Conference on Thursday, June 6th at 1:50 PM EDT. These appearances aim to engage with investors, discuss company performance, and outline future business strategies.
Terex (NYSE: TEX) has declared a quarterly dividend of $0.17 per share, as announced by its Board of Directors. This dividend will be paid on June 20, 2024, to all shareholders of record as of June 6, 2024. The declaration underscores the company's ongoing commitment to returning value to its investors.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.