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SC 13G/A - COOPER TIRE & RUBBER CO (0000024491) (Subject)
SC 13G/A - COOPER TIRE & RUBBER CO (0000024491) (Subject)
Cooper Tire & Rubber Company (NYSE:CTB) today announced a quarterly dividend of 10.5 cents per share on common stock payable June 24, 2021 to stockholders of record at the close of business May 27, 2021. The dividend, which is the 197th consecutive quarterly dividend from Cooper, will be paid in the event that the closing of the proposed merger with The Goodyear Tire & Rubber Company (NASDAQ:GT) occurs after the dividend record date of May 27, 2021. If the proposed merger closes on or prior to that date, the dividend will not be paid. As previously announced, Cooper stockholders, on April 30, 2021, voted to approve the agreement and plan of merger with Goodyear. The companies continue to
Cooper Tire & Rubber Company (NYSE:CTB) today reported first quarter 2021 net income of $22 million, or diluted earnings per share of $0.43, compared with a net loss of $12 million, or diluted loss per share of $0.23, for the same period last year. First Quarter Highlights Global unit volume increased 16.6 percent compared to the first quarter of 2020. Net sales increased 23.3 percent from the first quarter of 2020 to $656 million. Operating profit was $38 million, or 5.8 percent of net sales, compared to an operating loss of $6 million, or 1.2 percent of net sales, in 2020. The quarter included $11 million of costs related to the proposed merger with Goodyear. Net income was $2
Cooper Tire & Rubber Company (NYSE:CTB) today announced that its stockholders overwhelmingly voted to approve the agreement and plan of merger with The Goodyear Tire & Rubber Company (NASDAQ:GT), which was announced Feb. 22, 2021. At a special meeting of Cooper stockholders held today, approximately 99 percent of votes cast were in favor of the transaction. Goodyear is not required to hold a vote of its stockholders to approve the merger agreement. "We are pleased with the strong support of our stockholders for the proposed business combination of Cooper and Goodyear as all proposals related to the acquisition were approved," said John Holland, Cooper Chairman. "This step is an important o
Seasoned finance executive with over 20 years of experience in financial planning and analysis as well as public company finance strategy & reporting Joins One Energy leadership team and will focus on the company's financial strategy & execution One Energy Enterprises Inc., an industrial power company, announced today the appointment of Thomas "Tom" Russell to the position of Chief Financial Officer, reporting directly to CEO Jereme Kent. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240205883801/en/One Energy CFO Thomas Russell (Photo: Business Wire) Mr. Russell is a global financial planning and analysis leader with more
FINDLAY, Ohio--(BUSINESS WIRE)--The “Coopers” are ready to rock as Cooper Tire today kicked off Driven to Perform – a nationwide garage band contest in partnership with Rock & Roll Hall of Fame inductee Alice Cooper. Cooper Tire and Alice Cooper, credited as the “godfather of shock rock,” teamed up to scour the nation and identify three talented American garage bands. Alice Cooper, who recently released his 28th album, “Detroit Stories,” will provide advice and feedback to the bands, and call on fans to cast their votes to crown the Driven to Perform winner at www.DrivenToPerformConcert.com. The victorious band will get the opportunity of a lifetime to open for Evanescence in a live
Cooper's national scholarship programs benefit children of U.S. employees Cooper Tire & Rubber Company today announced that five recent high school graduates have been selected to receive scholarships to pursue higher education. The Roy V. Armes Scholarship, a renewable scholarship which provides up to $5,000 over the next four years, was awarded to one student, and Cooper Centennial Scholarships, in the amount of $1,000 each, were awarded to five students. This year, for the first time, one student won both the Roy V. Armes and Cooper Centennial Scholarship. The Roy V. Armes Scholarship was established in 2016 to honor former Cooper Chairman, Chief Executive Officer and President, Roy A
Standpoint Research resumed coverage of Cooper Tire & Rubber with a rating of Sell
Standpoint Research downgraded Cooper Tire & Rubber from Buy to Sell
Seasoned finance executive with over 20 years of experience in financial planning and analysis as well as public company finance strategy & reportingJoins One Energy leadership team and will focus on the company's financial strategy & executionOne Energy Enterprises Inc., an industrial power company, announced today the appointment of Thomas "Tom" Russell to the position of Chief Financial Officer, reporting directly to CEO Jereme Kent.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240205883801/en/ Mr. Russell is a global financial planning and analysis leader with more than 20 years of experience. Most recently, Mr. Russell serve
4 - COOPER TIRE & RUBBER CO (0000024491) (Issuer)
4 - COOPER TIRE & RUBBER CO (0000024491) (Issuer)
4 - COOPER TIRE & RUBBER CO (0000024491) (Issuer)
FINDLAY, Ohio--(BUSINESS WIRE)--The Board of Directors of Cooper Tire & Rubber Company (NYSE: CTB) has named Tyrone Michael (T.J.) Jordan a director of the company effective January 10. Jordan is the former President and Chief Operating Officer of DURA Automotive Systems, a leading tier one automotive supplier of electric/hybrid systems, advanced driver-assistance systems, mechatronics, lightweight structural systems, and luxury trim systems for premier automotive brands. In this role he was responsible for strategic growth and operational initiatives across the global enterprise. Under his leadership, DURA instituted new electric vehicle/hybrid smart technologies and an operationa
FINDLAY, Ohio--(BUSINESS WIRE)--Cooper Tire & Rubber Company has been recognized by Forbes as one of the World’s Best Employers 2020. Cooper placed within the top 20 percent, ranking 143 out of 750 companies on the list, and ranked highly in the automotive industry, placing second among six tire companies in the category. In partnership with market research firm Statista, Forbes compiled the ranking based on employee ratings of their employer on topics such as economic footprint, gender equality, social responsibility, talent development and COVID-19 response. “Cooper is comprised of dedicated employees focused on living our company purpose, which states that everyone deserves to
15-12B - COOPER TIRE & RUBBER CO (0000024491) (Filer)
S-8 POS - COOPER TIRE & RUBBER CO (0000024491) (Filer)
S-8 POS - COOPER TIRE & RUBBER CO (0000024491) (Filer)