TRS - Dividend announcements

TriMas (NASDAQ:TRS) announced today that its Board of Directors declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on May 14, 2026, to shareholders of record as of the close of business on May 7, 2026. About TriMas TriMas designs, manufactures and supplies a broad range of innovative and high‑quality products for the consumer packaging, life sciences and industrial markets through its TriMas Packaging and Specialty Products groups. With approximately 2,500 employees in 12 countries, TriMas is committed to empowering customer success through deep partnerships, strong technical expertise, focused innovation, and exceptional

Transaction Sharpens Company Focus and Strengthens Platform for Future Growth TriMas (NASDAQ:TRS) today announced that it has completed the previously announced divestiture of the TriMas Aerospace business ("TriMas Aerospace") to PennAero, a portfolio company of Tinicum L.P. and funds managed by Blackstone, Inc. The transaction, first disclosed on November 4, 2025, was completed for approximately $1.45 billion in cash, subject to customary post‑closing adjustments, with estimated net after-tax proceeds of approximately $1.2 billion. "This transaction represents a significant milestone in TriMas' ongoing transformation, further sharpening our focus and enhancing our financial flexibility

Increased Authorization After Repurchasing Over Three Million Shares in Fourth Quarter 2025 TriMas (NASDAQ:TRS) today announced that its Board of Directors has increased the Company's common stock share repurchase authorization to a total of up to $150 million, adding to the $48.9 million remaining under the previous authorization. During 2025, TriMas repurchased 3,124,866 shares of its outstanding common stock for $103.3 million, with more than three million shares repurchased since the announcement of the Aerospace divestiture. As of December 31, 2025, the Company had approximately 37.6 million shares outstanding. "Increasing our share repurchase authorization to $150 million reflec

TriMas (NASDAQ:TRS) announced today that its Board of Directors declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 6, 2026, to shareholders of record as of the close of business on February 27, 2026. About TriMas TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Powered by 3,900 dedicated employees in 13 countries, we provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. TriMas is publicly traded

TriMas (NASDAQ:TRS) today announced that its Board of Directors has increased the Company's common stock share repurchase authorization to a total of up to $150 million, adding to the $65.4 million remaining under the previous authorization. "Increasing our share repurchase authorization reinforces our long-term commitment to returning capital to shareholders and the Board's confidence in TriMas' future," said Thomas Snyder, TriMas President and Chief Executive Officer. "While market factors influence our equity market valuation, we believe our current stock price does not fully reflect the underlying value and growth potential of our businesses. We will continue to monitor market conditi

TriMas (NASDAQ:TRS) announced today that it has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion to an affiliate of Tinicum L.P. (the "Transaction"). Funds managed by Blackstone will be a minority investor in the Transaction. The purchase price represents an enterprise value multiple of approximately 18x last twelve months (LTM) third quarter 2025 adjusted EBITDA(1). "As previously communicated, the TriMas Board of Directors has been actively evaluating strategic options to optimize our business portfolio and unlock greater value for our shareholders," commented Herbert Parker, TriMas' Board of Directors Chair.

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 13, 2025, to shareholders of record as of the close of business on November 6, 2025. About TriMas TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. TriMas is publicly traded on the NASDAQ under the ticker

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on August 12, 2025, to shareholders of record as of the close of business on August 5, 2025. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets ser

TriMas (NASDAQ:TRS) today announced that, as previously disclosed in a Current Report on Form 8-K filed on June 9, 2025 with the Securities and Exchange Commission, the Company has made an inducement grant to Thomas Snyder, the newly-appointed President and Chief Executive Officer of TriMas. As approved by the Company's Board of Directors and Compensation Committee pursuant to Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, the inducement grant was made on June 24, 2025, and consists of: (1) a time-based, premium-priced and non-qualified stock option award to purchase 900,000 shares of the Company's common stock; and (2) a time-based restricted stock unit award consisting of 152,4

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on May 13, 2025, to shareholders of record as of the close of business on May 6, 2025. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and

TriMas (NASDAQ:TRS) today announced that Scott Mell, its Chief Financial Officer (CFO), will be leaving the Company effective March 20, 2025, to pursue another opportunity. In light of this transition, Teresa Finley, a current TriMas Board member, has been appointed interim CFO. "As a valued member of our Board since 2020, Teresa brings extensive financial expertise, operational knowledge and steadfast leadership, and is well-suited to step into this interim role," said Herbert Parker, TriMas' Board Chairman. "Her appointment will help ensure continuity in the Company's strategic momentum, drive improvement in our financial operations and accelerate our focus on delivering enhanced shareho

TriMas (NASDAQ:TRS) today announced that TriMas Aerospace's Monogram Aerospace Fasteners™, Allfast Fastening Systems® and Mac Fasteners™ brands have been awarded a multi-year global contract with Airbus, expanding the Company's existing contract scope across all fastener business units and further strengthening TriMas Aerospace's position across the global Airbus supply chain. "We are honored to be a supplier of high-performance fastening solutions to Airbus," said Vitaliy Rusakov, Group President of TriMas Aerospace. "This contract reaffirms our commitment to delivering best-in-class engineered products and advancing manufacturing technologies to meet the evolving needs of the aerospace

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 7, 2025, to shareholders of record as of the close of business on February 28, 2025. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,400 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets serv

TriMas (NASDAQ:TRS), a leading global provider of engineered products that goes to market through its leading brands within its TriMas Packaging, TriMas Aerospace and Specialty Products groups, today announced that the Company is taking continued actions toward the goal of streamlining and optimizing the business portfolio. The TriMas Board of Directors regularly reviews the Company's strategic priorities and remains open-minded to opportunities to enhance shareholder value. The TriMas Board and management team have been actively exploring a range of potential options, particularly over the past year, to accelerate the focus of its business portfolio. On January 31, 2025, the Company anno

TriMas (NASDAQ:TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ:IESC), and a provider of electrical and mechanical apparatus services, custom steel fabrication and custom-engineered solutions, including generator enclosures and bus systems to customers both in the United States and abroad. The transaction closed on January 31, 2025. "Founded in 1955, Arrow Engine was a legacy TriMas business and part of the TriMas portfolio for several decades," said Thomas A

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 12, 2024, to shareholders of record as of the close of business on November 5, 2024. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets s

TriMas' Shares have Underperformed its Peers and the Market Over a Long-Term Period Believes TriMas' Multi-Segment Structure has Done Little to Benefit Stockholders Recommends TriMas Sell its Aerospace Segment or the Entire Company NEW YORK, July 29, 2024 /PRNewswire/ -- Barington Capital Group, L.P. and its affiliates, including The Eastern Company (NASDAQGM:EML) ("Barington" or "we"), which collectively own approximately 1.5% of TriMas Corporation (NASDAQ:TRS) ("TriMas" or the "Company"), announced today that it has sent a letter to the Chairman of the Board of TriMas, Herbert K. Parker, recommending the Company consider a range of alternatives to improve shareholder value. Since the rel

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on August 13, 2024, to shareholders of record as of the close of business on August 6, 2024. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets ser

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on May 14, 2024, to shareholders of record as of the close of business on May 7, 2024. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, a

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 8, 2024, to shareholders of record as of the close of business on March 1, 2024. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served

TriMas is Trading at Multiple Discounts to its Peers and the Company's Long-Term Averages Believes the Board Must Address the Deteriorating Margin Performance at its Packaging Segment and Subscale Size at its Aerospace Segment Recommends TriMas Focus its Operations on its Core Packaging Segment and Divest Non-Core Businesses NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Barington Capital Group, L.P. and its affiliates, including The Eastern Company (NASDAQGM:EML) ("Barington" or "we"), which collectively own 1.0% of TriMas Corporation (NASDAQ:TRS) ("TriMas" or the "Company"), announced today that it has sent a letter to the Chief Executive Officer of TriMas, Thomas Amato, recommending the Company

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 9, 2023, to shareholders of record as of the close of business on November 2, 2023. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets

TriMas (NASDAQ:TRS) today announced that its TriMas Packaging group has successfully completed, ahead of schedule, the previously announced relocation of certain production assets from a California manufacturing facility to other facilities in Indiana and Arkansas. As a result, TriMas Packaging will be exiting a 160,000 sq. ft. leased facility in Rohnert Park, California, by the end of 2023. Additionally, TriMas Packaging has now completed the insourcing of a substantial portion of activities at third-party warehouse and distribution centers in New Jersey and Nevada to capture logistics savings. "While decisions to rationalize our manufacturing and distribution footprint are never easy,

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on August 10, 2023, to shareholders of record as of the close of business on August 3, 2023. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets ser

Improves TriMas Packaging's Position for the Future TriMas (NASDAQ:TRS) today announced that it is taking proactive actions to optimize its TriMas Packaging group's manufacturing footprint and better position its business to capture future operating leverage gains when end market demand recovers to more normalized levels. TriMas Packaging group announced it will be closing a 160,000 sq. ft. leased manufacturing facility located in Rohnert Park, California, and in turn, will reposition all of the production assets to other existing U.S. production locations. The Company expects the transition to be completed by the end of 2023. Additionally, TriMas Packaging will be consolidating two m

TriMas (NASDAQ:TRS) today announced it has released its annual Sustainability Report, demonstrating the Company's commitment to transparency by providing a comprehensive overview of its sustainability progress achieved during 2022. TriMas' Sustainability Report demonstrates the Company's dedication to responsible environmental, social and governance (ESG) practices and details the wide range of sustainability initiatives initiated across its global operations. As illustrated in the report, TriMas is actively committed to enhancing its sustainability strategy across its four focused areas of corporate governance and ethics, people, the environment and products. The Company is also committe

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on May 11, 2023, to shareholders of record as of the close of business on May 4, 2023. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, a

Expanding its TriMas Aerospace Platform for Further Growth TriMas (NASDAQ:TRS) today announced that it has signed an agreement to acquire the operating net assets of Weldmac Manufacturing Company ("Weldmac"), a leading designer and manufacturer of high-performance, complex metal fabricated components and assemblies for the aerospace, defense and space launch end markets. Upon closing, which is anticipated to occur in the coming months, Weldmac will become part of our TriMas Aerospace group and further advance the strategic growth of our integrated structural solutions product lines comprised of RSA Engineered Products and Martinic Engineering. "We are excited to announce the agreement to

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 9, 2023, to shareholders of record as of the close of business on March 2, 2023. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served,

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 10, 2022, to shareholders of record as of the close of business on November 3, 2022. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets s

TriMas (NASDAQ:TRS) today announced that TriMas Aerospace's Allfast Fastening Systems business has received a 2021 Supply Chain Performance Achievement Certificate from The Boeing Company for the tenth consecutive year. Boeing issues the award annually to recognize suppliers who have achieved superior performance each year. Allfast Fastening Systems maintained a Silver composite performance rating for each month of the 12-month performance period from January to December 2021. "This recognition acknowledges our commitment to our customers to consistently provide superior quality, on-time delivery, flexibility and outstanding service," said John Schaefer, President of TriMas Aerospace. "Our

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on August 11, 2022, to shareholders of record as of the close of business on August 4, 2022. TriMas announced the initiation of a dividend as part of its capital allocation strategy in October 2021. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through

TriMas (NASDAQ:TRS) today announced that its TriMas Aerospace group is further expanding its defense business through the award of multi-year contracts with Boeing. TriMas Aerospace's RSA Engineered Products (RSA) business was awarded several components used in fluid conveyance applications, more specifically within the air ducting system, by Boeing for its T-7A Red Hawk training jet program. "We are excited to expand our partnership with Boeing by leveraging our product and process innovation capabilities within RSA Engineered Products," said Thomas Amato, TriMas President and Chief Executive Officer. "Boeing is an important aerospace growth customer for fasteners, low and high pressure d

Leveraging Innovation to Drive Sustainability TriMas (NASDAQ:TRS) today announced that its TriMas Packaging business continues to launch new, innovative packaging solutions to solve its customers' current and future challenges. As a result of customer collaboration, and product designs promoting sustainability and enhanced product security, TriMas Packaging continues to win new business awards with existing and new customers globally. TriMas Packaging's Rieke® brand continues to enhance its product offering of single polymer dispensers, including its commercially available MonoTM-2e dispenser, as well as the development of additional single polymer dispensers under the new SingoloTM produ

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on May 12, 2022, to shareholders of record as of the close of business on May 5, 2022. TriMas announced the initiation of a dividend as part of its capital allocation strategy in October 2021. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our ma

TriMas (NASDAQ:TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 11, 2022, to shareholders of record as of the close of business on March 4, 2022. TriMas announced the initiation of a dividend as part of its capital allocation strategy in October 2021. About TriMas TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,500 dedicated employees in 12 countries provide customers with a wide range of innovative and quality product solutions through ou