• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Koppers Announces $100 Million Share Repurchase Program

    2/27/25 7:55:00 AM ET
    $KOP
    Forest Products
    Basic Materials
    Get the next $KOP alert in real time by email

    Supported by Strong Cash Flow Generation

    Enhances Shareholder Value through Disciplined Capital Allocation

    PITTSBURGH, Feb. 27, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today announced that its Board of Directors approved a $100 million share repurchase program.  The repurchase program replaces the company's previous share repurchase program of $100 million, which was approved in August 2021 and had approximately $11 million remaining.

    Koppers Logo

    This action reflects the continued confidence that Koppers Board of Directors and management have in the company's improved free cash flow profile, which provides the ability to return meaningful capital to shareholders.

    Chief Financial Officer Jimmi Sue Smith said, "We are pleased with the share repurchase authorization, which supports Koppers commitment to a flexible and balanced capital allocation policy that pivots where capital is deployed based upon strategic needs and expected returns.  With growth investment projects in our 2025 strategic plan substantially completed, we anticipate lower capital expenditures and higher free cash flow in 2025 and beyond, which we plan to allocate to debt reduction and share repurchases.  So long as our trailing enterprise value multiple lags our long-term average and we see improved future performance, we plan to aggressively repurchase shares within the constraints of our credit agreement, while also reducing debt and leverage, which we expect to be within our long-term targeted range of 2 to 3 times net debt to adjusted EBITDA by the end of 2025."

    Koppers is authorized to repurchase shares and will consider whether to do so from time to time, based on many factors, including market and economic conditions, applicable legal requirements, and other business considerations. The share repurchase program has no termination date and may be suspended or discontinued at any time.

    About Koppers

    Koppers (NYSE:KOP) is an integrated global provider of essential treated wood products, wood preservation technologies and carbon compounds. Our team of 2,100 employees create, protect and preserve key elements of our global infrastructure – including railroad crossties, utility poles, outdoor wooden structures, and production feedstocks for steel, aluminum and construction materials, among others – applying decades of industry-leading expertise while constantly innovating to anticipate the needs of tomorrow. Together we are providing safe and sustainable solutions to enable rail transportation, keep power flowing, and create spaces of enjoyment for people everywhere. Protecting What Matters, Preserving The Future. Learn more at Koppers.com.

    Inquiries from the media should be directed to Ms. Jessica Franklin Black at [email protected] or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at [email protected] or 412-227-2049.

    Safe Harbor Statement

    Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and may include, but are not limited to, statements about sales levels, acquisitions, restructuring, declines in the value of Koppers assets and the effect of any resulting impairment charges, profitability and anticipated expenses and cash outflows. All forward-looking statements involve risks and uncertainties.

    All statements contained herein that are not clearly historical in nature are forward-looking, and words such as "outlook," "guidance," "forecast," "believe," "anticipate," "expect," "estimate," "may," "will," "should," "continue," "plan," "potential," "intend," "likely," or other similar words or phrases are generally intended to identify forward-looking statements. Any forward-looking statement contained herein, in other press releases, written statements or other documents filed with the Securities and Exchange Commission, or in Koppers communications and discussions with investors and analysts in the normal course of business through meetings, phone calls and conference calls, regarding future dividends, expectations with respect to sales, earnings, cash flows, operating efficiencies, restructurings, cost reduction efforts, the benefits of acquisitions, divestitures, joint ventures or other matters as well as financings and debt reduction, are subject to known and unknown risks, uncertainties and contingencies.

    Many of these risks, uncertainties and contingencies are beyond our control, and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. Factors that might affect such forward-looking statements include, among other things, availability of and fluctuations in the prices of key raw materials, including coal tar, lumber and scrap copper; the impact of changes in commodity prices, such as oil, copper and chemicals, on product margins; the extent of the dependence of certain of our businesses on certain market sectors and customers; economic, political and environmental conditions in international markets, including governmental changes, tariffs, restrictions on trade and restrictions on the ability to transfer capital across countries; general economic and business conditions; potential difficulties in protecting our intellectual property; the ratings on our debt and our ability to repay or refinance our outstanding indebtedness as it matures; our ability to operate within the limitations of our debt covenants; unexpected business disruptions; potential delays in timing or changes to expected benefits from cost reduction efforts; potential impairment of our goodwill and/or long-lived assets; demand for Koppers goods and services; competitive conditions; capital market conditions, including interest rates, borrowing costs and foreign currency rate fluctuations; disruptions and inefficiencies in the supply chain; changes in laws; the impact of environmental laws and regulations; unfavorable resolution of claims against us, as well as those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by Koppers, particularly our latest annual report on Form 10-K and any subsequent filings by Koppers with the Securities and Exchange Commission. Any forward-looking statements in this release speak only as of the date of this release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events.

    For Information: 

    Quynh McGuire, Vice President, Investor Relations

    412 227 2049

    [email protected] 

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/koppers-announces-100-million-share-repurchase-program-302387330.html

    SOURCE KOPPERS HOLDINGS INC.

    Get the next $KOP alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $KOP

    DatePrice TargetRatingAnalyst
    3/13/2024$67.50Hold → Buy
    Singular Research
    More analyst ratings

    $KOP
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Koppers Holdings Inc. Declares Quarterly Cash Dividend

      PITTSBURGH, May 8, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of Koppers common stock. The dividend is payable on June 17, 2025, to shareholders of record as of the close of trading on May 30, 2025.  Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the dec

      5/8/25 10:37:00 AM ET
      $KOP
      Forest Products
      Basic Materials
    • Koppers Holdings Inc. Schedules First Quarter 2025 Conference Call

      PITTSBURGH, April 25, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company plans to release its financial results for the first quarter 2025 before the market opens on Friday, May 9, 2025, and discuss its outlook on a conference call later that day at 11:00 a.m. Eastern Time. Presentation materials will be available at least 15 minutes before the call on www.koppers.com in the Investor Relations section of the company's website. Interested

      4/25/25 7:55:00 AM ET
      $KOP
      Forest Products
      Basic Materials
    • Koppers Holdings Announces Availability of 2024 Annual Report

      PITTSBURGH, March 31, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today announced that the company has published its 2024 Annual Report and Letter to Shareholders. The Annual Report, including audited financial statements for the fiscal year ended December 31, 2024, was filed with the U.S. Securities and Exchange Commission (SEC) on March 28, 2025. The report is available for viewing on the company's website in the Investor Relations section and can be accessed her

      3/31/25 7:55:00 AM ET
      $KOP
      Forest Products
      Basic Materials

    $KOP
    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
    • Koppers Holdings upgraded by Singular Research with a new price target

      Singular Research upgraded Koppers Holdings from Hold to Buy and set a new price target of $67.50

      3/13/24 7:37:34 AM ET
      $KOP
      Forest Products
      Basic Materials
    • Monness Crespi & Hardt reiterated coverage on Koppers Holdings with a new price target

      Monness Crespi & Hardt reiterated coverage of Koppers Holdings with a rating of Buy and set a new price target of $45.00 from $40.00 previously

      5/10/21 10:46:13 AM ET
      $KOP
      Forest Products
      Basic Materials
    • Barrington Research reiterated coverage on Koppers with a new price target

      Barrington Research reiterated coverage of Koppers with a rating of Outperform and set a new price target of $41.00 from $35.00 previously

      1/30/21 7:59:04 PM ET
      $KOP
      Forest Products
      Basic Materials

    $KOP
    SEC Filings

    See more
    • Amendment: SEC Form SCHEDULE 13G/A filed by Koppers Holdings Inc.

      SCHEDULE 13G/A - Koppers Holdings Inc. (0001315257) (Subject)

      4/30/25 11:23:49 AM ET
      $KOP
      Forest Products
      Basic Materials
    • SEC Form SCHEDULE 13G filed by Koppers Holdings Inc.

      SCHEDULE 13G - Koppers Holdings Inc. (0001315257) (Subject)

      4/28/25 8:28:08 AM ET
      $KOP
      Forest Products
      Basic Materials
    • SEC Form DEF 14A filed by Koppers Holdings Inc.

      DEF 14A - Koppers Holdings Inc. (0001315257) (Filer)

      3/28/25 4:30:27 PM ET
      $KOP
      Forest Products
      Basic Materials

    $KOP
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Koppers Holdings Inc.

      SC 13G/A - Koppers Holdings Inc. (0001315257) (Subject)

      10/7/24 5:38:53 PM ET
      $KOP
      Forest Products
      Basic Materials
    • SEC Form SC 13G/A filed by Koppers Holdings Inc. (Amendment)

      SC 13G/A - Koppers Holdings Inc. (0001315257) (Subject)

      2/13/24 5:08:03 PM ET
      $KOP
      Forest Products
      Basic Materials
    • SEC Form SC 13G/A filed by Koppers Holdings Inc. (Amendment)

      SC 13G/A - Koppers Holdings Inc. (0001315257) (Subject)

      2/12/24 7:50:34 PM ET
      $KOP
      Forest Products
      Basic Materials

    $KOP
    Financials

    Live finance-specific insights

    See more
    • Koppers Holdings Inc. Declares Quarterly Cash Dividend

      PITTSBURGH, May 8, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of Koppers common stock. The dividend is payable on June 17, 2025, to shareholders of record as of the close of trading on May 30, 2025.  Koppers expects to pay regular quarterly dividends, with future declarations subject to approval by its Board of Directors and the Board's determination that the dec

      5/8/25 10:37:00 AM ET
      $KOP
      Forest Products
      Basic Materials
    • Koppers Holdings Inc. Schedules First Quarter 2025 Conference Call

      PITTSBURGH, April 25, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company plans to release its financial results for the first quarter 2025 before the market opens on Friday, May 9, 2025, and discuss its outlook on a conference call later that day at 11:00 a.m. Eastern Time. Presentation materials will be available at least 15 minutes before the call on www.koppers.com in the Investor Relations section of the company's website. Interested

      4/25/25 7:55:00 AM ET
      $KOP
      Forest Products
      Basic Materials
    • Koppers Reports Fourth Quarter and Full-Year 2024 Results; Provides 2025 Outlook

      Fourth-Quarter Sales of $477.0 Million vs. $513.2 Million in Prior Year Quarter Full-Year Sales of $2.09 Billion vs. $2.15 Billion in Prior Year PITTSBURGH, Feb. 27, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today reported net loss attributable to Koppers for the fourth quarter of 2024 of $10.2 million, or $0.50 per diluted share, compared to net income attributable to Koppers for the fourth quarter of 2023 of $12.9 million, or $0.59 per diluted share. Adjusted

      2/27/25 7:55:00 AM ET
      $KOP
      Forest Products
      Basic Materials

    $KOP
    Leadership Updates

    Live Leadership Updates

    See more
    • MSA Safety CEO Nish Vartanian Named to Koppers Board of Directors

      PITTSBURGH, Feb. 13, 2024 /PRNewswire/ -- MSA Safety, Inc. (NYSE:MSA) today announced that Nish Vartanian, MSA Chairman and Chief Executive Officer, has been elected to the Board of Directors at Koppers Holdings, Inc. (NYSE:KOP). Koppers is a Pittsburgh-based integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds. "I am honored to join the Board of Koppers, a company whose values align closely with mine," Mr. Vartanian said. "It will be incredibly exciting to help the Board and Koppers leadership build upon their most recent accompl

      2/13/24 5:35:00 PM ET
      $KOP
      $MSA
      Forest Products
      Basic Materials
      Industrial Specialties
      Health Care
    • Koppers Holdings Names Nishan J. Vartanian to Board

      Company Expands Board of Directors from Nine to Ten Members PITTSBURGH, Feb. 13, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE:KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company has increased the size of its Board of Directors from nine to ten members and has elected Nishan J. Vartanian as a director of the company, effective February 13, 2024. Mr. Vartanian currently serves as Chairman and Chief Executive Officer of MSA Safety Incorporated, global leader in the development, manufact

      2/13/24 8:30:00 AM ET
      $KOP
      Forest Products
      Basic Materials
    • Koppers Announces Leadership Transition Plan

      James Healey, Vice President, Utility and Industrial Products, to Retire at Year-End 2024, Jason Bakk Named Successor for Vice President, Utility and Industrial Products,Brett Johnston Named Successor for Vice President,North American Carbon Materials and Chemicals PITTSBURGH, Jan. 4, 2024 /PRNewswire/ -- Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE:KOP), today announced a transition plan that will occur throughout 2024 for key leadership roles. The plan will culminate in the retirement of James Healey, Vice President, Utility and Industrial Products (UIP), effective December 31, 2024, after a 40-year career with the company. Mr. Healey will serve as Special Assista

      1/4/24 8:30:00 AM ET
      $KOP
      Forest Products
      Basic Materials

    $KOP
    Insider Trading

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

    See more
    • Director Tritch Stephen R converted options into 17 shares, increasing direct ownership by 0.04% to 47,754 units (SEC Form 4)

      4 - Koppers Holdings Inc. (0001315257) (Issuer)

      5/6/25 5:48:34 PM ET
      $KOP
      Forest Products
      Basic Materials
    • Director Testoni Louis L converted options into 17 shares, increasing direct ownership by 0.04% to 45,778 units (SEC Form 4)

      4 - Koppers Holdings Inc. (0001315257) (Issuer)

      5/6/25 5:43:57 PM ET
      $KOP
      Forest Products
      Basic Materials
    • Director Vartanian Nishan J. converted options into 17 shares, increasing direct ownership by 0.67% to 2,556 units (SEC Form 4)

      4 - Koppers Holdings Inc. (0001315257) (Issuer)

      5/6/25 4:50:47 PM ET
      $KOP
      Forest Products
      Basic Materials