HAYN - Dividend announcements

Clearance obtained from the Committee on Foreign Investment in the United States (CFIUS) related to the planned merger with North American Stainless, Inc.  Company expects that the remaining required clearances from the U.K. and Austria will be obtained for an expected transaction close in the fourth calendar quarter of 2024. Net revenues in the third quarter of fiscal 2024 increased to $153.9 million as compared to $152.5 million in the second quarter this year and $143.9 million in last year's cyber-impacted third quarter. Revenue shipped into the aerospace market in the third quarter was a Company record at $82.6 million, which was nearly 54% of total revenue. Gross margin for the t

Second quarter net revenues of $152.5 million with improving production momentum after last quarter's three week unplanned outage at the 4-high hot rolling mill in the Kokomo plant. This compares to $147.4 million in the first quarter this year and $152.8 million in last year's second quarter.Solid revenue growth in our core aerospace and industrial gas turbine markets this quarter compared to last year, largely offset by reductions in chemical processing and other marketsGross margin for the second quarter of 17.7% of revenue, unfavorably impacted by a raw material headwind of $5.3 million, similar to the first quarter, but higher than last year's second quarter headwind of $1.7 million.  E

KOKOMO, Ind., July 19, 2023 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) (the "Company"), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, provided an update today regarding the recent cybersecurity incident including the estimated quarterly financial impact. As previously disclosed, the Company began experiencing a network outage indicative of a cybersecurity incident on June 10, 2023. Upon detection of the incident, the Company engaged third-party specialists to assist in investigating the source of the outage, determine its potential impact on the Company's systems, and securely restore full system functionality. On

KOKOMO, Ind., July 19, 2023 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) (the "Company"), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, provided an update today regarding its operational restoration efforts following the recent cybersecurity incident. As disclosed last week, on June 10, 2023, the Company began experiencing a network outage indicative of a cybersecurity incident. Upon detection of the incident, the Company engaged third-party specialists to assist in investigating the source of the outage, determine its potential impact on the Company's systems, and securely restore full functionality to the Compan

KOKOMO, Ind., June 21, 2023 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) (the "Company"), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, provided an update today regarding its operational restoration efforts following the recent cybersecurity incident. As disclosed last week, on June 10, 2023, the Company began experiencing a network outage indicative of a cybersecurity incident. Upon detection of the incident, the Company engaged third-party specialists to assist in investigating the source of the outage, determine its potential impact on the Company's systems, and securely restore full functionality to the Co

KOKOMO, Ind., March 13, 2023 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, announced today that, effective as of March 9, 2023, the Board of Directors of the Company voted to elect Alicia Masse and Brian Shelton as new members of the Board of Directors. Alicia Masse has served as a Senior Managing Director at B. Riley Advisory Services since 2020. Prior to joining B. Riley, Ms. Masse was the Managing Director and founder of Alderney Advisors, an advisory firm providing financial and strategic solutions for clients primarily in the automotive and logistics industries. Pri

KOKOMO, Ind., March 13, 2023 (GLOBE NEWSWIRE) -- This Restricted Stock Award Agreement is entered into by and between Haynes International, Inc., a Delaware corporation ("Company"), and Brian Shelton, a member of the Company's Board of Directors ("Grantee"), effective as of March 13, 2023, ("Effective Date"). Background The Company wishes to provide incentives to recognize and reward the Grantee, whose performance, contributions and skills will be critical to the Company's success, by aligning his/her interests more closely with those of the Company's stockholders.  For this purpose, the Compensation Committee of the Company's Board of Directors ("Committee") has granted the Grantee

KOKOMO, Ind., Feb. 17, 2023 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) (the "Company"), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, is pleased to announce that Noble Capital Markets has initiated company-sponsored equity research coverage on the Company. The full report by Noble Capital Markets Senior Research Analyst Mark Reichman, as well as news and advanced market data on Haynes International is available on Channelchek. About Haynes International Haynes International, Inc. is a leading developer, manufacturer and marketer of technologically advanced, high performance alloys, primarily for use in the ae

KOKOMO, Ind., July 28, 2021 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) (the "Company"), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, today announced a multi-faceted capital allocation strategy which includes; 1) a share repurchase plan, 2) the recent adoption of a glide path for its U.S. pension plan to help secure improvements in funding percentage realized this fiscal year due to higher than expected return on plan assets combined with higher interest rates, and 3) a U.S. pension plan accelerated funding strategy with the intention of fully funding the plan in approximately three years. "We believe that repurch

Increase in cash of $8.6 million in the second quarter of fiscal 2021 resulting in a total net cash increase of $47.4 million since March 31, 2020.   Strong total liquidity of $169.8 million with cash at March 31, 2021 of $69.8 million and $100.0 million available on the credit facility.Second quarter net revenues increased 13.7% to $82.1 million compared to net revenues of $72.2 million for the first quarter of fiscal 2021 with overall volume shipped increasing 26.1% and volume increases in each market category.  Gross margin percentage improved 880 basis points to 10.2% in the second quarter of fiscal 2021 from 1.4% in the first quarter of fiscal 2021. Second quarter net loss narrowed to $

KOKOMO, Ind., April 19, 2021 (GLOBE NEWSWIRE) -- Haynes International, Inc. (NASDAQ GM: HAYN) (the "Company") a leading developer, manufacturer and marketer of technologically advanced high performance alloys, announced, effective April 1, 2021, a restoration of the cash salary of the Chief Executive Officer to its pre-pandemic level as well as a restoration of the cash fees paid to outside directors to their pre-pandemic level. As previously disclosed, the pre-pandemic levels of the executive team's salaries, other than that of the Chief Executive Officer, were restored as of January 1, 2021. In April of 2020, as part of an attempt to mitigate the impact of the COVID-19 pandemic on the Co