Alcoa Inc. (NYSE:AA) announced today that it has completed the previously-announced reverse stock split of Alcoa Inc. common stock at a ratio of 1 for 3 and a proportionate reduction in the number of authorized shares of its common stock, from 1,800,000,000 shares to 600,000,000 shares. The reverse stock split and authorized share reduction were [...]
Alcoa (NYSE:AA) plans to announce its third quarter 2016 financial results on Tuesday, October 11 before the market opens. The press release will be available on the Investor section of Alcoa’s website, http://www.alcoa.com/global/en/investment/analysis/asp and a link to the press release will also be available on Alcoa’s twitter handle [...]
The Board of Directors (the “Board”) of Alcoa Inc. (NYSE:AA) today declared dividends on its $3.75 cumulative preferred stock (“Class A Stock”) and on its common stock. The dividend declared on the Class A Stock is 93.75 cents per share of Class A Stock, payable January 1, 2017, to holders of record of the Class A Stock at [...]
Alcoa Inc. (NYSE: AA) announced today that its Board of Directors has approved the completion of the Company’s separation into two independent, publicly-traded companies. Arconic will be a leading global provider of high-performance materials and engineered products to the aerospace, automotive and other growth industries, positioned for [...]
Alcoa Inc. (NYSE:AA) (“Alcoa”) announced today that Alcoa Nederland Holding B.V. (the “Issuer”), a wholly owned subsidiary of Alcoa Upstream Corporation (“Alcoa Corporation”), which is currently a wholly owned subsidiary of Alcoa, closed its offering of $750,000,000 aggregate principal amount of 6.75% senior [...]
Alcoa Inc. (NYSE:AA) (“Alcoa”) announced today that Alcoa Nederland Holding B.V. (the “Issuer”), a wholly owned subsidiary of Alcoa Upstream Corporation (“Alcoa Corporation”), which is currently a wholly owned subsidiary of Alcoa, had priced its offering of $750,000,000 aggregate principal amount of 6.75% senior [...]
Alcoa Inc. (NYSE:AA) (“Alcoa”) announced today a proposed offering of senior notes (the “Notes”) by Alcoa Nederland Holding B.V. (the “Issuer”), a wholly owned subsidiary of Alcoa Upstream Corporation (“Alcoa Corporation”), which is currently a wholly owned subsidiary of Alcoa. The timing of pricing [...]
For the fifteenth year in a row, lightweight metals leader Alcoa (NYSE:AA) has been named as one of the world’s leading companies for sustainability on the Dow Jones Sustainability Indices (DJSI) — a globally recognized and reputable benchmark for corporate responsibility and sustainability. Alcoa was again recognized as the Aluminum [...]
In preparation for its previously-announced separation into two industry-leading companies, Alcoa Inc. (NYSE:AA) has named the members of the Boards of Directors for the future Arconic Inc. and Alcoa Corporation. To ensure continuity and retention of valuable Alcoa Inc. experience, each new company’s board will include members of the current [...]
Alcoa Inc. (NYSE:AA) (“Alcoa”) and Alumina Ltd. (ASX:AWC) (“Alumina”) today announced that they have agreed to make certain changes to the Alcoa World Alumina and Chemicals (“AWAC”) joint venture that will enhance value for Alcoa, Alumina, and their respective shareholders. In conjunction with these amendments [...]
Alcoa (NYSE:AA) announced today that it has named Kate Hargrove Ramundo Executive Vice President, Chief Legal Officer and Corporate Secretary of the future Arconic Inc., a role which will take effect upon the Company’s separation later this year. Ramundo will succeed Audrey Strauss, Alcoa Executive Vice President, Chief Legal Officer and [...]
Alcoa Inc. (NYSE:AA) announced today that it plans to undertake a reverse stock split of Alcoa’s common stock at a ratio of 1 for 3 and a proportionate reduction in the number of authorized shares of its common stock. The reverse stock split will reduce the number of Alcoa shares of common stock outstanding and is expected to increase the per [...]