Alcoa Corporation filed SEC Form 8-K: Other Events

$AA
Aluminum
Industrials
Get the next $AA alert in real time by email
8-K
Alcoa Corp false 0001675149 0001675149 2025-03-14 2025-03-14

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 14, 2025

 

 

ALCOA CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-37816   81-1789115
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

201 Isabella StreetSuite 500

PittsburghPennsylvania

  15212-5858
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: 412-315-2900

Not applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, par value $0.01 per share   AA   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 8.01

Other Events.

On March 14, 2025, Alcoa Corporation (the “Company”) issued a press release announcing the consideration to purchase for cash any and all of the outstanding 5.500% senior unsecured notes due 2027 issued by Alcoa Nederland Holding B.V., fully guaranteed on an unsecured basis by the Company. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit

number

  

Description

99.1    Press Release of Alcoa Corporation dated March 14, 2025
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

ALCOA CORPORATION
By:  

/s/ Marissa P. Earnest

 

Marissa P. Earnest

 

Senior Vice President, Chief Governance Counsel and Secretary

Date: March 14, 2025

Get the next $AA alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AA

DatePrice TargetRatingAnalyst
10/23/2024$48.00Hold → Buy
Argus
10/17/2024$41.00 → $50.00Neutral → Buy
B. Riley Securities
10/1/2024$43.00 → $52.00Neutral → Buy
BofA Securities
9/25/2024$32.00 → $36.00Neutral
JP Morgan
9/4/2024$36.00Peer Perform → Outperform
Wolfe Research
8/12/2024$32.00 → $38.00Sell → Buy
UBS
8/2/2024Underperform → Peer Perform
Wolfe Research
6/21/2024$36.50 → $50.00Equal-Weight → Overweight
Morgan Stanley
More analyst ratings

$AA
Press Releases

Fastest customizable press release news feed in the world

See more
  • Alcoa Corporation Announces Closing of Debt Offering

    Alcoa Corporation (NYSE:AA, ASX: AAI)) ("Alcoa") announced today that Alumina Pty Ltd (ABN 85 004 820 419) (the "Issuer"), a wholly-owned subsidiary of Alcoa, closed its offering of $500,000,000 aggregate principal amount of 6.125% senior notes due 2030 and $500,000,000 aggregate principal amount of 6.375% senior notes due 2032 (the "notes"). The notes are guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The Issuer intends to deploy the funds within the Alcoa group, including funding contributions to Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa and the issuer of the outstanding $750 million aggregate principal amount of 5.500% N

    $AA
    Aluminum
    Industrials
  • Alcoa Corporation Announces Expiration and Expiration Date Results of Cash Tender Offer for Any and All Outstanding 5.500% Senior Unsecured Notes due 2027 and Early Results of Cash Tender Offer for Outstanding 6.125% Senior Unsecured Notes due 2028

    Alcoa Corporation ("Alcoa") (NYSE:AA, ASX:AAI)) announces (i) the expiration and expiration date results of its previously announced offer to purchase for cash any and all outstanding 5.500% senior unsecured notes due 2027 (the "Any and All Notes") issued by Alcoa Nederland Holding B.V. ("ANHBV"), fully guaranteed on an unsecured basis by Alcoa and certain of its subsidiaries (the "Any and All Offer"), and (ii) the early results of its previously announced offer to purchase for cash outstanding 6.125% senior unsecured notes due 2028 (the "Capped Notes" and, together with the Any and All Notes, the "Notes") issued by ANHBV, fully guaranteed on an unsecured basis by Alcoa, up to an aggregate

    $AA
    Aluminum
    Industrials
  • Announcement by Alcoa Corporation of Consideration for Cash Tender Offer for Any and All Outstanding 5.500% Senior Unsecured Notes due 2027

    Alcoa Corporation ("Alcoa") (NYSE:AA, ASX:AAI)) announces the consideration to purchase for cash any and all of the outstanding 5.500% senior unsecured notes due 2027 (the "Any and All Notes") issued by Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa, fully guaranteed by Alcoa (the "Any and All Offer"). The Any and All Offer is being made pursuant to the terms and subject to the conditions set forth in the offer to purchase dated March 3, 2025 (the "Offer to Purchase") relating to the Any and All Notes. The following table sets forth certain information relating to the Any and All Offer, including the consideration (the "Any and All Total Consideration") payable

    $AA
    Aluminum
    Industrials

$AA
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$AA
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$AA
SEC Filings

See more

$AA
Leadership Updates

Live Leadership Updates

See more
  • Alcoa Announces Investor Relations Leadership Transition

    Alcoa Corporation (NYSE:AA, ASX: AAI))) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company's investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr. Langlois is currently senior vice president and treasurer. He will continue to report to Executive Vice President and Chief Financial Officer Molly Beerman. "Louis will extend the strong relationships he currently has with o

    $AA
    Aluminum
    Industrials
  • Alcoa appoints Matt Reed as EVP and Chief Operations Officer

    Alcoa Corporation (NYSE:AA) today announced that it has appointed Matt Reed as Alcoa's Executive Vice President and Chief Operations Officer, effective January 1, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231220861728/en/Matt Reed, Alcoa Corporation's new EVP and Chief Operations Officer effective January 1, 2024. (Photo: Business Wire) Reed, who will be based in Western Australia, will lead Alcoa's global operations, including bauxite mines, alumina refineries, and aluminum smelters. He will be accountable for operational excellence, focusing on safety, environmental management, productivity, cost management, and lon

    $AA
    Aluminum
    Industrials
  • Alcoa Announces Leadership Transition

    William F. Oplinger, Current EVP and COO, Appointed President, CEO and Director Roy C. Harvey Becomes Strategic Advisor to CEO Alcoa Corporation (NYSE:AA) (the "Company") announced today that William F. Oplinger has been elected to serve as President and Chief Executive Officer of the Company and as a member of its Board of Directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230925107514/en/William F. Oplinger (Photo: Business Wire) Oplinger succeeds Roy C. Harvey, effective September 24, 2023, who will serve as Strategic Advisor to the Chief Executive Officer until December 31, 2023. Oplinger, 56, has served as t

    $AA
    Aluminum
    Industrials

$AA
Financials

Live finance-specific insights

See more
  • Alcoa Corporation Announces Pricing of Debt Offering

    Alcoa Corporation (NYSE:AA, ASX: AAI)) ("Alcoa") announced today that Alumina Pty Ltd (ABN 85 004 820 419) (the "Issuer"), a wholly-owned subsidiary of Alcoa, has priced an offering of $1,000,000,000 aggregate principal amount of senior notes (the "notes"). The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The sale of the notes is expected to be completed on March 17, 2025, subject to customary closing conditions. The Issuer intends to deploy the funds within the Alcoa group, including funding contributions to Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa and the issuer of the outstanding $750 million aggregate

    $AA
    Aluminum
    Industrials
  • Alcoa Corporation Announces Proposed Debt Offering

    Alcoa Corporation (NYSE:AA, ASX:AAI)) ("Alcoa") announced today a proposed offering of $1,000,000,000 aggregate principal amount of senior notes (the "notes") by Alumina Pty Ltd (ABN 85 004 820 419) (the "Issuer"), a wholly-owned subsidiary of Alcoa. The notes will be guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. The timing of pricing and terms of the notes are subject to market conditions and other factors. The Issuer intends to deploy the funds within the Alcoa group, including funding contributions to Alcoa Nederland Holding B.V. ("ANHBV"), a wholly-owned subsidiary of Alcoa and the issuer of the outstanding $750 million aggregate principal amount of

    $AA
    Aluminum
    Industrials
  • Alcoa Corporation Declares Quarterly Cash Dividend

    Alcoa Corporation (NYSE:AA, ASX: AAI)) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company's common stock and Series A convertible preferred stock, to be paid on March 20, 2025 to stockholders of record as of the close of business on March 4, 2025. About Alcoa Corporation Alcoa is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people, and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process

    $AA
    Aluminum
    Industrials

$AA
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more