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 [...]
The Board of Directors of Alcoa (NYSE:AA) today declared (a) a quarterly common stock dividend of 3 cents per share payable August 25, 2016 to holders of record of the common stock at the close of business on August 5, 2016; (b) a dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock (“Class A Stock&rdquo [...]
Lightweight metals leader Alcoa (NYSE:AA) today reported second quarter 2016 results. Profit in the future combined Arconic (Value-Add) segments grew year-over-year and the future combined Alcoa Corporation (Upstream) segments strengthened sequentially. The Company is on track to complete its separation in the second half of 2016. "As markets ever [...]
Lightweight metals leader Alcoa (NYSE:AA) has opened its state-of-the-art, 3D printing metal powder production facility. Located at the Alcoa Technology Center, the world’s largest light metals research center, the Company will produce proprietary titanium, nickel and aluminum powders optimized for 3D printed aerospace parts. Alcoa also has [...]
Alcoa (NYSE:AA) plans to announce its second quarter 2016 financial results on Monday, July 11 after the market closes. 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 [...]