LEHIGH VALLEY, Pa., May 22, 2025 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.79 per share of common stock. The dividend is payable on August 11, 2025 to shareholders of record at the close of business on July 1, 2025. About Air Products Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, med

Q2 FY25 Summary of Results (comparisons versus prior year): GAAP results, including loss per share# of $7.77 and net loss of $1.7 billion, driven by an after-tax charge attributable to Air Products of $2.3 billion for business and asset actions recorded during the fiscal 2025 second quarterAdjusted earnings per share ("EPS")* of $2.69; adjusted EBITDA* of $1.2 billionQ2 FY25 Announcements Appointed Eduardo F. Menezes Chief Executive Officer of Air Products and member of the Board of Directors, joining other Board members elected in January 2025; Wayne T. Smith and Dennis H. Reilley named Chairman and Vice Chairman, respectivelyIncreased quarterly dividend to $1.79 per share, marking the 43r

LEHIGH VALLEY, Pa., April 1, 2025 /PRNewswire/ -- Air Products (NYSE:APD) will hold a conference call to discuss its fiscal 2025 second quarter financial results on Thursday, May 1, 2025 at 8:00 a.m. ET. The teleconference will be open to the public and the media in listen-only mode by telephone and Internet broadcast. APD Q2FY25 live teleconference:  773-305-6865Passcode:  7519932Internet broadcast/slides: Available on the Event Details page on Air Products' Investor Relations website. Internet replay: Available on the Event Details page on Air Products' Investor Relations website. About Air Products Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over

LEHIGH VALLEY, Pa., March 13, 2025 /PRNewswire/ -- Air Products (NYSE:APD) will highlight its Freshline® Smart Technology and food freezing solutions for seafood processors at Seafood Expo North America at the Boston Convention and Exhibition Center from March 16-18. Air Products' Freshline® Smart Technology allows customers to monitor their food manufacturing equipment remotely to optimize processes and track key performance parameters. Self-monitoring analysis allows customers to see data in real-time, which can help maximize efficiency, productivity, and sustainability. For data driven manufacturers, the possibilities with this technology are limitless. In addition, Air Products will hig

Company Will Write Down Assets and Expects to Record a Pre-Tax Charge Not to Exceed $3.1 Billion in Its Fiscal Second Quarter LEHIGH VALLEY, Pa., Feb. 24, 2025 /PRNewswire/ -- As part of a review initiated by Air Products' (NYSE:APD) newly-elected Board of Directors and Chief Executive Officer, the Company today announced its decision to exit three projects in the U.S. As a result, Air Products expects to record a pre-tax charge not to exceed $3.1 billion in its fiscal 2025 second quarter, primarily to write down assets and terminate contractual commitments. The estimated charge, which will not impact adjusted earnings per share for fiscal 2025, relates to the following projects: World Ener

 Air Products' Industry Experts will Present the Details of Recent Hydrogen Boiler Trials, as well as Information on Hydrogen's Role in Enhancing Microgrid Resilience LEHIGH VALLEY, Pa., Feb. 10, 2025 /PRNewswire/ -- Air Products (NYSE:APD) will highlight how its industrial gases, such as hydrogen, can help the power industry generate a cleaner future and reach its decarbonization goals at POWERGEN International, from February 11-13, at the Kay Bailey Hutchison Convention Center in Dallas, Texas. With more than 80 years of industrial gas experience, and as the world's largest supplier of hydrogen, Air Products has the expertise needed to be a decarbonization partner to the power generation

Q1 FY25 (comparisons versus prior year): GAAP EPS# of $2.77, up one percent; GAAP net income of $650 million, up five percent; and GAAP net income margin of 22.2 percent, up 150 basis pointsAdjusted EPS* of $2.86, up one percent; adjusted EBITDA* of $1.2 billion, up one percent; and adjusted EBITDA margin* of 40.6 percent, up 140 basis pointsFiscal 2025 and Recent Highlights Increased quarterly dividend on the Company's common stock to $1.79 per share, marking the 43rd consecutive year of dividend increases; Air Products expects to return approximately $1.6 billion to shareholders in 2025Guidance Maintain fiscal 2025 full-year adjusted EPS guidance* of $12.70 to $13.00; fiscal 2025 second qu

Seifi Ghasemi to Leave the Company Following More than 10 Years of Dedicated ServiceWayne T. Smith Named Board Chairman and Dennis H. Reilley Named Board Vice Chairman LEHIGH VALLEY, Pa., Feb. 4, 2025 /PRNewswire/ -- Air Products' (NYSE: APD) Board of Directors today announced the appointment of Eduardo F. Menezes as Chief Executive Officer (CEO) of Air Products effective February 7, 2025, succeeding Seifollah ("Seifi") Ghasemi, who is leaving the Company after more than 10 years of dedicated service. Mr. Menezes will also join the Air Products Board. The Board of Directors also has named Wayne T. Smith Chairman and Dennis H. Reilley as Vice Chairman. They, along with the full Board, will w

Welcomes Andrew Evans, Paul Hilal, Bob Patel, Dennis Reilley and Alfred Stern LEHIGH VALLEY, Pa., Jan. 23, 2025 /PRNewswire/ -- Air Products (NYSE: APD) today reported preliminary voting results from its 2025 Annual Meeting of Shareholders ("Annual Meeting") held on January 23, 2025. Based on preliminary results, Air Products shareholders have chosen to elect the following nominees to serve on the Company's Board of Directors: Tonit M. CalawayLisa A. DavisAndrew EvansJessica Trocchi GrazianoPaul HilalBhavesh V. ("Bob") PatelDennis ReilleyWayne T. SmithAlfred SternThe Company issued the following statement: "We welcome all our new directors and look forward to working together in the advance

Marks 43rd Consecutive Year of Quarterly Dividend Increases on Company's Common Stock LEHIGH VALLEY, Pa., Jan. 22, 2025 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) has increased the quarterly dividend on the Company's common stock to $1.79 per share, marking the 43rd consecutive year of dividend increases. The dividend is payable on May 12, 2025 to shareholders of record at the close of business on April 1, 2025. About Air Products Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gas

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BofA Securities downgraded Air Products from Neutral to Underperform and set a new price target of $282.00

BMO Capital Markets downgraded Air Products from Outperform to Market Perform

Analyst downgraded Air Products from Overweight to Neutral and set a new price target of $320.00 from $345.00 previously

Bernstein upgraded Air Products from Mkt Perform to Outperform and set a new price target of $375.00

BofA Securities downgraded Air Products from Buy to Neutral and set a new price target of $350.00

Barclays upgraded Air Products from Equal Weight to Overweight and set a new price target of $365.00 from $315.00 previously

Wells Fargo upgraded Air Products from Equal Weight to Overweight

UBS upgraded Air Products from Neutral to Buy and set a new price target of $375.00

Redburn Atlantic upgraded Air Products from Sell to Neutral and set a new price target of $330.00

Jefferies upgraded Air Products from Hold to Buy and set a new price target of $364.00 from $295.00 previously

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Q2 FY25 Summary of Results (comparisons versus prior year): GAAP results, including loss per share# of $7.77 and net loss of $1.7 billion, driven by an after-tax charge attributable to Air Products of $2.3 billion for business and asset actions recorded during the fiscal 2025 second quarterAdjusted earnings per share ("EPS")* of $2.69; adjusted EBITDA* of $1.2 billionQ2 FY25 Announcements Appointed Eduardo F. Menezes Chief Executive Officer of Air Products and member of the Board of Directors, joining other Board members elected in January 2025; Wayne T. Smith and Dennis H. Reilley named Chairman and Vice Chairman, respectivelyIncreased quarterly dividend to $1.79 per share, marking the 43r

Seifi Ghasemi to Leave the Company Following More than 10 Years of Dedicated ServiceWayne T. Smith Named Board Chairman and Dennis H. Reilley Named Board Vice Chairman LEHIGH VALLEY, Pa., Feb. 4, 2025 /PRNewswire/ -- Air Products' (NYSE: APD) Board of Directors today announced the appointment of Eduardo F. Menezes as Chief Executive Officer (CEO) of Air Products effective February 7, 2025, succeeding Seifollah ("Seifi") Ghasemi, who is leaving the Company after more than 10 years of dedicated service. Mr. Menezes will also join the Air Products Board. The Board of Directors also has named Wayne T. Smith Chairman and Dennis H. Reilley as Vice Chairman. They, along with the full Board, will w

Welcomes Andrew Evans, Paul Hilal, Bob Patel, Dennis Reilley and Alfred Stern LEHIGH VALLEY, Pa., Jan. 23, 2025 /PRNewswire/ -- Air Products (NYSE: APD) today reported preliminary voting results from its 2025 Annual Meeting of Shareholders ("Annual Meeting") held on January 23, 2025. Based on preliminary results, Air Products shareholders have chosen to elect the following nominees to serve on the Company's Board of Directors: Tonit M. CalawayLisa A. DavisAndrew EvansJessica Trocchi GrazianoPaul HilalBhavesh V. ("Bob") PatelDennis ReilleyWayne T. SmithAlfred SternThe Company issued the following statement: "We welcome all our new directors and look forward to working together in the advance

The Board Expects the Following: After the Announcement of a New President No Later Than March 31st, the CEO Transition Will Be Completed Within Three Months of Joining the Company. Additionally, the Roles of Chair and CEO Will Be Separated, a New Independent Chair Appointed, and Mr. Ghasemi Will Retire from the Board Air Products' Highly Qualified Board Is Significantly Refreshed with Outside Perspectives Our Independent Directors Are Running a Rigorous and Orderly CEO Succession Process Achieved Strong Preliminary Fiscal Q1 2025 Earnings Results (GAAP EPS of $2.77; adjusted EPS of $2.86)1 Which Reinforce that the Company is Committed to Creating Superior Shareholder Value LEHIGH VALLEY,

Change is In the Air: Mantle Ridge's Four Shareholder Nominees Will Help the Board Usher in a Brighter Future All of the Leading Independent Proxy Advisory Firms – ISS, Glass Lewis, and Egan-Jones – Recommend Replacing CEO Seifi Ghasemi and Other Board Members with Mantle Ridge Nominees Air Products' January 23, 2025 Annual Meeting is Fast Approaching: Vote Your Shares As Soon As Possible Online at the Voting Website Listed on Your BLUE Proxy Card or Voting Instruction Form Mantle Ridge Urges Shareholders to Vote Online "FOR" All Four of its Superbly Qualified Director Nominees – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – and "WITHHOLD" On Company Nominees Charles Cogut,

Strongly Disagrees with ISS' Opinion Published Today Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card LEHIGH VALLEY, Pa., Jan. 13, 2025 /PRNewswire/ -- Air Products' (NYSE:APD) Board of Directors today sent a letter to shareholders in connection with its upcoming 2025 Annual Meeting of Shareholders (the "Annual Meeting"), which will be held at 8:30 a.m. U.S. Eastern Time on January 23, 2025. All Air Products shareholders of record as of the close of business on November 27, 2024, will be entitled to vote at the Annual Meeting. Air Products urges shareholders to vote "FOR" ONLY Air Products' nominees on the WHITE proxy card and warns investors that follow

Institutional Shareholder Services "ISS" Finds Incumbent Board Has Failed to "Properly Oversee" a "Credible Succession Plan" and States that Reconstitution of the Board with a "New Chairman" Would "Allow Fresh Board Assessment of Board Leadership and the Careful Deliberation on Optimal Timing for a CEO Transition" ISS Recommends Shareholders Vote "WITHHOLD" Against Seifi Ghasemi, Charles Cogut and Edward L. Monser – Company Nominees Opposed by Mantle Ridge – Further Reinforcing the Need for Change ISS Finds Company's Framing of Mr. Eduardo Menezes' Qualifications "Disingenuous at Best" ISS Recommends Shareholders Vote "FOR" Mantle Ridge Nominees Andrew Evans, Paul Hilal, And Dennis Reilley a

LEHIGH VALLEY, Pa., Jan. 9, 2025 /PRNewswire/ -- Air Products' (NYSE:APD) Board of Directors today sent a letter to shareholders in connection with its upcoming 2025 Annual Meeting of Shareholders (the "Annual Meeting"), which will be held at 8:30 a.m. U.S. Eastern Time on January 23, 2025. All Air Products shareholders of record as of the close of business on November 27, 2024 will be entitled to vote at the Annual Meeting. The letter is available at voteairproducts.com. The full text of the letter to shareholders follows: Dear Fellow Shareholder, As the Air Products Annual Meeting quickly approaches, you have an important decision to make regarding the future of your investment. We are ha

Expresses Disappointment with the Board's Failure to Manage an Effective CEO Succession Process Announces Intention to Support Change at the 2025 Annual Meeting NEW YORK, Jan. 3, 2025 /PRNewswire/ -- The D. E. Shaw group ("D. E. Shaw"), a global investment and technology development firm with more than $65 billion in investment capital and a history of working with companies to help build long-term value, today sent an open letter to the Board of Directors of Air Products and Chemicals, Inc. (NYSE: APD) (the "Company" or "Air Products") expressing continued disappointment with the Board's failure to manage an effective CEO succession process. The text of to

Urges Shareholders to Vote "FOR" ONLY Air Products' Nominees on the WHITE Proxy Card LEHIGH VALLEY, Pa., Dec. 13, 2024 /PRNewswire/ -- Air Products (NYSE:APD) Board of Directors today issued a letter to shareholders containing important information for shareholders to consider in connection with its upcoming 2025 Annual Meeting of Shareholders (the "Annual Meeting"), which will be held at 8:30 a.m. U.S. Eastern Time on January 23, 2025. All Air Products shareholders of record as of the close of business on November 27, 2024 will be entitled to vote at the Annual Meeting. Shareholders should visit voteairproducts.com for additional information on voting. Key takeaways from the letter are bel

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4 - Air Products & Chemicals, Inc. (0000002969) (Issuer)

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LEHIGH VALLEY, Pa., May 22, 2025 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.79 per share of common stock. The dividend is payable on August 11, 2025 to shareholders of record at the close of business on July 1, 2025. About Air Products Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, med

LEHIGH VALLEY, Pa., April 1, 2025 /PRNewswire/ -- Air Products (NYSE:APD) will hold a conference call to discuss its fiscal 2025 second quarter financial results on Thursday, May 1, 2025 at 8:00 a.m. ET. The teleconference will be open to the public and the media in listen-only mode by telephone and Internet broadcast. APD Q2FY25 live teleconference:  773-305-6865Passcode:  7519932Internet broadcast/slides: Available on the Event Details page on Air Products' Investor Relations website. Internet replay: Available on the Event Details page on Air Products' Investor Relations website. About Air Products Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over

Q1 FY25 (comparisons versus prior year): GAAP EPS# of $2.77, up one percent; GAAP net income of $650 million, up five percent; and GAAP net income margin of 22.2 percent, up 150 basis pointsAdjusted EPS* of $2.86, up one percent; adjusted EBITDA* of $1.2 billion, up one percent; and adjusted EBITDA margin* of 40.6 percent, up 140 basis pointsFiscal 2025 and Recent Highlights Increased quarterly dividend on the Company's common stock to $1.79 per share, marking the 43rd consecutive year of dividend increases; Air Products expects to return approximately $1.6 billion to shareholders in 2025Guidance Maintain fiscal 2025 full-year adjusted EPS guidance* of $12.70 to $13.00; fiscal 2025 second qu

Marks 43rd Consecutive Year of Quarterly Dividend Increases on Company's Common Stock LEHIGH VALLEY, Pa., Jan. 22, 2025 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) has increased the quarterly dividend on the Company's common stock to $1.79 per share, marking the 43rd consecutive year of dividend increases. The dividend is payable on May 12, 2025 to shareholders of record at the close of business on April 1, 2025. About Air Products Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gas

The Company's Board and Management, Under Chairman and CEO Seifi Ghasemi's Leadership, Have Delivered Over $44 Billion in Shareholder Value Creation1 Continues to Successfully Execute Two-Pillar Growth Strategy to Grow Core Industrial Gas Business While Capitalizing on First-Mover Advantage in Clean Hydrogen Market Air Products' Board is Refreshed, Independent and Fit-For-Purpose – Mantle Ridge's Proposed Nominees Would Remove Significant and Relevant Experience and Expertise Mantle Ridge's Proposed Executive Chairman Candidate Appears Alarmingly Unfit to Lead Air Products or any Public Company; Preferred CEO Candidate is Insufficiently Qualified Board Mails Letter Urging Shareholders to V

LEHIGH VALLEY, Pa., Nov. 21, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.77 per share of common stock. The dividend is payable on February 10, 2025 to shareholders of record at the close of business on January 2, 2025. About Air Products Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing

Fiscal Year 2024 (comparisons versus prior year): GAAP EPS# of $17.24, up 67 percent; GAAP net income of $3.9 billion, up 65 percent; and GAAP net income margin of 31.9 percent, up 1,330 basis pointsAdjusted EPS* of $12.43, up eight percent; adjusted EBITDA* of $5.0 billion, up seven percent; and adjusted EBITDA margin* of 41.7 percent, up 440 basis pointsQ4 FY24 (comparisons versus prior year): GAAP EPS# of $8.81, up 186 percent; GAAP net income of $2.0 billion, up 181 percent; and GAAP net income margin of 61.2 percent, up 3,940 basis pointsAdjusted EPS* of $3.56, up 13 percent; adjusted EBITDA* of $1.4 billion, up 12 percent; and adjusted EBITDA margin* of 44.1 percent, up 460 basis point

Q3 FY24 (comparisons versus prior year): GAAP EPS# of $3.13, up 17 percent; GAAP net income of $709 million, up 16 percent; and GAAP net income margin of 23.7 percent, up 360 basis pointsAdjusted EPS* of $3.20, up seven percent; adjusted EBITDA* of $1.3 billion, up five percent; and adjusted EBITDA margin* of 42.4 percent, up 260 basis pointsRecent Highlights Clean hydrogen / energy transition Signed a 15-year agreement to supply 70,000 tons of green hydrogen annually starting in 2030, helping to decarbonize TotalEnergies' Northern European refineries and avoid approximately 700,000 tons of CO₂ each yearAnnounced agreement to divest Air Products' liquefied natural gas (LNG) process technolog

LEHIGH VALLEY, Pa., July 18, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.77 per share of common stock. The dividend is payable on November 12, 2024 to shareholders of record at the close of business on October 1, 2024. About Air Products Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining,

LEHIGH VALLEY, Pa., May 17, 2024 /PRNewswire/ -- The Board of Directors of Air Products (NYSE:APD) today declared a quarterly dividend of $1.77 per share of common stock. The dividend is payable on August 12, 2024 to shareholders of record at the close of business on July 1, 2024.   About Air Products Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chem