PPG reports progress toward sustainability goals
PPG Industries outlines its progress toward the company’s 2020 sustainability goals in its 2013 Corporate Sustainability Report, which is now available online at www.ppg.com/csr.
PPG attends AMC Car Body Painting Forum 2014
PPG Industries was invited to attend the second AMC Car Body Painting Forum in Shanghai recently. As the only speaker on behalf of coatings suppliers, PPG shared with the audience its advanced products and technologies for automotive coatings.
PPG Architectural Coatings unveils U.S. brand strategy to better serve the professional customer
PPG Industries’ architectural coatings business announced a comprehensive pro brand strategy in the U.S. that will leverage its brand assets in three key channels of paint distribution. The strategy includes the rebranding of its U.S. company-owned paint stores, an expanded brand and product offering through independent paint dealers, and the expansion of a pro customer program at The Home Depot.
Sklarsky of PPG at Wells Fargo 2014 Industrial and Construction Conference
PPG Industries’ Executive Vice President and Chief Financial Officer Frank S. Sklarsky will participate in the Wells Fargo 2014 Industrial and Construction Conference in New York City on Wednesday, May 7, at 1:50 p.m. ET.
PPG building products team receives Strategic Supplier Award from Andersen
The building products team for PPG Industries’ industrial coatings business received a Strategic Supplier Award for the second consecutive year during the recent Andersen Corporation Dealer Rally.
PPG glass on first project to earn SITES program four-star rating
PPG Industries has announced that the Center for Sustainable Landscapes at Phipps Conservatory, Pittsburgh, which recently became the first project to earn a four-star rating through THE SUSTAINABLE SITES INITIATIVE™ program, or SITES™ program, was constructed with SOLARBAN® 60, SUNGATE® 500 and STARPHIRE® ultra-clear glass by PPG.
PPG reports record first quarter results
PPG Industries today reported record first quarter 2014 net sales from continuing operations of $3.6 billion, up $528 million, or 17 percent, versus the prior year. First quarter 2014 reported net income from continuing operations was $277 million, or $1.97 per diluted share. First quarter 2014 adjusted net income from continuing operations was $279 million, or $1.98 per diluted share, which excludes $2 million, or 1 cent per diluted share, for acquisition-related costs.
PPG directors approve 10-percent dividend increase to 67 cents per share
The board of directors of PPG Industries today approved a 6-cents-per-share increase in the company’s dividend, declaring a regular quarterly dividend of 67 cents per share, payable June 12 to shareholders of record May 12.
PPG board of directors authorizes $2 billion share repurchase program
PPG Industries announced today that its board of directors has authorized the repurchase of $2 billion of outstanding common stock. The authorization is effective immediately, does not expire and gives management discretion in determining the conditions under which shares may be purchased.
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PPG Chairman notes successful 2013, record financials during annual meeting
PPG Industries today held its annual meeting of shareholders in Pittsburgh, where Chairman and Chief Executive Officer Charles E. Bunch spoke about the company’s recent strategic progress and record financial performance.