|Feb 13, 2017||Grace to License UNIPOL® PP Process Technology to Dongguan Grand Resources, China|
|COLUMBIA, Md., Feb. 13, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA), the world’s leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, in the fourth quarter of 2016 contracted to license its UNIPOL® PP process technology to Dongguan Grand Resource Science & Technology Co. Ltd. The installations will be made at the company’s facility in Dongguan, Guangzhou province, China, and are expected to begin operations in 2019 using Grace’s leadin... |
|Feb 08, 2017||Grace Announces $250 Million Share Repurchase Program|
|COLUMBIA, Md., Feb. 08, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced that its Board of Directors has authorized a new share repurchase program of up to $250 million expected to be completed over the next 24 to 36 months at the discretion of management. Grace has repurchased shares totaling over $960 million since February 2014. The new program is expected to begin following the completion of our existing share repurchase program, which had $34 million of remaining repurc... |
|Feb 08, 2017||Grace to Increase Dividend 24 Percent Effective in the First Quarter 2017|
|COLUMBIA, Md., Feb. 08, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) announced today that its Board of Directors has approved a 24 percent increase in the company's regular annual cash dividend rate from $0.68 to $0.84 per common share. The increase will be effective starting with the first quarter dividend of $0.21 per common share, which was declared by the Board and is payable on March 23, 2017, to shareholders of record at the close of business on March 1, 2017.
"Grace is com... |
|Feb 08, 2017||Grace Reports Fourth Quarter and Full-Year 2016 Results|
|Income from continuing operations attributable to Grace of $12.8 million down 53% and Adjusted EBIT of $118.9 million up 11% for the quarter
Diluted EPS from continuing operations of $0.18 down 54% and Adjusted EPS of $0.95 up 32% for the quarter
Gross margin of 36.7% and Adjusted Gross Margin of 42.8% up 60 bps for the quarter
Net cash flow provided by operating activities of $267.5 million and Adjusted Free Cash Flow of $236.0 million for the full year
Increasing annual cash divide... |
|Jan 18, 2017||Grace Announces Release Date for Fourth Quarter and Full Year 2016 Results|
|COLUMBIA, Md., Jan. 18, 2017 (GLOBE NEWSWIRE) -- W. R. Grace & Co. (NYSE:GRA) will release its fourth quarter and full-year 2016 financial results at 6:00 a.m. ET on Wednesday, February 8, 2017. A company-hosted conference call and webcast will follow at 9:00 a.m. ET that day.
During the call, Fred Festa, Chairman and Chief Executive Officer; Hudson La Force, President and Chief Operating Officer; and Tom Blaser, Senior Vice President and Chief Financial Officer, will discuss fourth qua... |