Articles from Griffon Corporation

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal first quarter results on Wednesday, February 5, 2025, followed by a conference call at 8:30 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal year and fourth quarter ended September 30, 2024.

The Board of Directors of Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) has authorized the repurchase of an additional $400 million worth of shares of Griffon common stock.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.18 per share. The dividend is payable on December 18, 2024 to shareholders of record as of the close of business on November 25, 2024.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal fourth quarter results on Wednesday, November 13, 2024, followed by a conference call at 8:30 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal 2024 third quarter ended June 30, 2024.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on September 19, 2024 to shareholders of record as of the close of business on August 28, 2024.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal third quarter results on Wednesday, August 7, 2024, followed by a conference call at 8:30 AM ET.

Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) announced that its subsidiary, The AMES Companies, Inc., (“AMES”) acquired Pope, a leading Australian provider of residential watering products, from The Toro Company NYSE:TTCNYSETTC)

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) announced today that it has completed a favorable repricing of the outstanding balance of $459 million of its Secured Term Loan B facility (“Term Loan B”), which matures in January 2029. The spread above the Secured Overnight Financing Rate (“SOFR”) will be reduced by 25 basis points and the Credit Spread Adjustment (“CSA”) will be removed. The repricing also reduces the applicable SOFR floor from 50 to 0 basis points. All other terms are substantially unchanged. The Company estimates the Term Loan B repricing will result in savings of $1.8 million of annual cash interest expense based on current outstanding balance.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal 2024 second quarter ended March 31, 2024.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on June 20, 2024 to shareholders of record as of the close of business on May 29, 2024.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal second quarter results on Wednesday, May 8, 2024, followed by a conference call at 8:30 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) announced today that it has entered into an agreement (the “Stock Purchase Agreement”) to repurchase 1.5 million shares of the Company’s common stock beneficially owned by Voss Capital (“Voss”) at a purchase price of $65.50 per share, a 3.7% discount from the closing price of the Company’s common stock on February 16, 2024, the last full trading day prior to the execution of the Stock Purchase Agreement.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal 2024 first quarter ended December 31, 2023.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on March 21, 2024 to shareholders of record as of the close of business on February 29, 2024.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal first quarter results on Wednesday, February 7, 2024, followed by a conference call at 8:30 AM ET.

The Board of Directors of Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) authorized the repurchase of an additional $200 million worth of shares of Griffon common stock. During the fiscal year ending September 30, 2023, Griffon repurchased 4.1 million shares of common stock for a total of $150.8 million, or an average of $36.39 per share. Total remaining under the share repurchase authorization as of September 30, 2023 was $107.2 million. During the period October 1, 2023 through market close on November 14, 2023, Griffon repurchased 1.1 million shares of common stock, for a total of $45.0 million or an average of $39.91 per share. As of the market open today, including the $200 million authorization increase, Griffon has a total of $262 million available under its stock repurchase program.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal year and fourth quarter ended September 30, 2023.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on December 14, 2023, to shareholders of record as of the close of business on November 28, 2023.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal fourth quarter and full year results on Wednesday, November 15, 2023, followed by a conference call at 8:30 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal 2023 third quarter ended June 30, 2023.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) announced today that it amended its credit agreement (the “Amended Credit Agreement”) to increase the size of its revolving credit facility (the “Revolver Facility”) from $400 million to $500 million, and extend the maturity of the Revolver Facility from March 22, 2025 to August 1, 2028. The Amended Credit Agreement continues to provide for a Term Loan B facility, which matures on January 24, 2029.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.125 per share. The dividend is payable on September 14, 2023, to shareholders of record as of the close of business on August 23, 2023.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal third quarter results on Wednesday, August 2, 2023, followed by a conference call at 8:30 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will present at the CJS Securities 23rd Annual “New Ideas” Summer Investor Conference on Tuesday, July 11, 2023 in White Plains, NY. A copy of Griffon’s investor presentation, which will be used at the conference, will be available at the time of the conference in the investor relations section of Griffon’s website (www.griffon.com).

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal 2023 second quarter ended March 31, 2023.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.125 per share. The dividend is payable on June 15, 2023, to shareholders of record as of the close of business on May 25, 2023.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal second quarter results on Wednesday, May 3, 2023, followed by a conference call at 8:30 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) announced today its Board of Directors unanimously decided to conclude its review of strategic alternatives. After extensive evaluation and deliberation, the Board determined the ongoing execution of the Company’s strategic plan is the best way to maximize value for shareholders at this time.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal 2023 first quarter ended December 31, 2022.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on March 23, 2023, to shareholders of record as of the close of business on February 23, 2023.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) announced today that it has entered into a cooperation agreement (the “Cooperation Agreement”) with Voss Capital (“Voss”), which owns approximately 6.0% of the Company’s outstanding common stock, including the appointment of Travis W. Cocke, Chief Investment Officer of Voss, to Griffon’s Board of Directors (the “Board”). Mr. Cocke will fill the vacancy resulting from the recent passing of Admiral Robert G. Harrison, who served on Griffon’s Board for eighteen years with distinction. Mr. Cocke will serve as a member of the Board’s Committee on Strategic Considerations and Nominating and Corporate Governance Committee.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal year and fourth quarter ended September 30, 2022.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.10 per share. The dividend is payable on December 16, 2022, to shareholders of record as of the close of business on November 29, 2022.

In response to shareholder inquiries, Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today said that its strategic alternatives process is active and ongoing. The Committee on Strategic Considerations, a committee comprised of independent directors who serve on Griffon’s Board, is overseeing the process. Together with management, this committee continues to work closely with Goldman Sachs & Co. LLC, the Company’s financial advisor. As previously announced, the Board is reviewing a comprehensive range of strategic alternatives to maximize shareholder value, including a sale, merger, divestiture, recapitalization or other strategic transaction. Griffon expects to provide an update on the process by the end of November 2022 together with the release of its fourth quarter and fiscal 2022 year-end financial results.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal third quarter ended June 30, 2022.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.09 per share. The dividend is payable on September 15, 2022 to shareholders of record as of the close of business on August 18, 2022.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) has declared a special cash dividend of $2.00 per share payable on July 20, 2022 to shareholders of record as of the close of business on July 8, 2022. The special dividend, combined with the three $0.09 quarterly dividends announced earlier this fiscal year, will result in total fiscal 2022 dividends paid of $2.27 per share through July 20, 2022.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) completed the sale of Telephonics Corporation (“Telephonics”) to TTM Technologies, Inc. (“TTM”) NASDAQ:TTMINASDAQTTMI)

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced that its Board of Directors has initiated a process to review a comprehensive range of strategic alternatives to maximize shareholder value including a sale, merger, divestiture, recapitalization or other strategic transaction. Griffon has retained Goldman Sachs & Co. LLC as its financial advisor and Dechert LLP as its legal counsel to assist in the review process.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the second quarter of fiscal 2022 ended March 31, 2022.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.09 per share. The dividend is payable on June 16, 2022 to shareholders of record as of the close of business on May 19, 2022.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal second quarter results on Thursday, April 28, 2022, followed by a conference call at 8:30 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) has entered into a definitive agreement to sell Telephonics Corporation (“Telephonics”) to TTM Technologies, Inc. (“TTM”) NASDAQ:TTMINASDAQTTMI)

Griffon Corporation (NYSEGFF) (“Griffon” or “the Company”) today announced that, based on a preliminary vote count by its proxy solicitor, shareholders have voted to elect three of the Griffon Board of Directors’ nominees – Michelle Taylor, Louis Grabowsky and Cheryl Turnbull – and one of Voss Capital’s nominees – H.C. Charles Diao – at this year’s Annual Meeting of Shareholders.

The Board of Directors of Griffon Corporation (NYSEGFF) urges shareholders to protect the future of the Company and the value of their investment by voting the WHITE proxy card “FOR” all four of the Company’s highly qualified director nominees and the other items of business outlined in Griffon’s proxy.

The Board of Directors of Griffon Corporation (NYSEGFF) urges shareholders to protect the future of the Company and the value of their investment by voting the WHITE proxy card “FOR” all four of the Company’s highly qualified director nominees and the other items of business outlined in Griffon’s proxy.

The Board of Directors of Griffon Corporation (NYSEGFF) urges shareholders to protect the future of the Company and the value of their investment by voting the WHITE proxy card “FOR” all four of the Company’s highly qualified director nominees at the Company’s 2022 Annual Meeting of Shareholders.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the first quarter of fiscal 2022 ended December 31, 2021.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.09 per share. The dividend is payable on March 23, 2022 to shareholders of record as of the close of business on February 23, 2022.

Griffon Corporation (NYSEGFF) today sent a letter to shareholders highlighting its sound business strategy, including the now completed acquisition of Hunter Fan Company, and the collective strength of its Board of Directors, which has been significantly refreshed and comprises the right mix of skills and experience to advance Griffon’s strategy, deliver immediate and long-term value to shareholders, and position the Company for sustainable growth. The Company also recently filed an investor presentation detailing the same with the Securities and Exchange Commission.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) has successfully completed its previously announced acquisition of Hunter Fan Company (“Hunter Fan” or “Hunter”), the leading U.S. brand of residential ceiling fans for $845 million, subject to post-closing adjustments. Hunter is now part of Griffon’s Consumer and Professional Products (CPP) segment.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired in connection with its proposal to acquire Hunter Fan Company (“Hunter Fan” or “Hunter”). The transaction is expected to close the week of January 24, 2022.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today sent a letter to shareholders highlighting the strategic and financial benefits of its proposed acquisition of Hunter Fan Company (“Hunter”).

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) will be filing today its preliminary proxy statement with the Securities and Exchange Commission (the “SEC”) and announced it will hold its Annual Shareholder Meeting on February 17, 2022.

Griffon Corporation (“Griffon” or the “Company”), (NYSEGFF), through its subsidiary The AMES Companies, Inc. (“AMES”), said today it has entered into a definitive agreement to acquire Hunter Fan Company (“Hunter Fan” or “Hunter”), a market leader in residential ceiling, commercial, and industrial fans, from MidOcean Partners (“MidOcean”) for $845 million, subject to closing adjustments.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today confirmed that Voss Capital, LLC ("Voss"), a new 2% shareholder of the company, has provided notice of its intent to nominate three individuals to stand for election to the Griffon Board of Directors at the 2022 Annual Meeting of Shareholders, currently scheduled for February 17, 2022.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the fiscal year and fourth quarter ended September 30, 2021.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) yesterday declared a regular quarterly cash dividend of $0.09 per share. The dividend is payable on December 16, 2021, to shareholders of record as of the close of business on November 29, 2021.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal fourth quarter and full year results on Tuesday, November 16, 2021, followed by a conference call at 9:00 AM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) announced today that its Board of Directors has authorized a review of strategic alternatives for Griffon’s subsidiary Telephonics Corporation (“Telephonics”).

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will present at the Sidoti Fall 2021 Investor Conference on Thursday, September 23, 2021. The conference will be held in a virtual format. A copy of Griffon’s investor presentation, which will be used for the conference, will be available at the time of the conference in the investor relations section of Griffon’s website (www.griffon.com).

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will present at the Raymond James 2021 Diversified Industrials Conference on Tuesday, August 24, 2021. The conference will be held in a virtual format. A copy of Griffon’s investor presentation, which will be used for the conference, will be available at the time of the conference in the investor relations section of Griffon’s website (www.griffon.com).

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the third quarter of fiscal 2021 ended June 30, 2021.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) declared a regular quarterly cash dividend of $0.08 per share. The dividend is payable on September 16, 2021 to shareholders of record as of the close of business on August 19, 2021.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal third quarter results on Thursday, July 29, 2021, followed by a conference call at 4:30 PM ET.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will present at the CJS Securities 21st Annual “New Ideas” Summer Conference on Tuesday, July 13, 2021. The conference will be held in a virtual format. A copy of Griffon’s investor presentation, which will be used for the conference, will be available at the time of the conference in the investor relations section of Griffon’s website (www.griffon.com).

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced today that Steven M. Lynch, President of Griffon’s subsidiary Clopay Corporation (“Clopay”), will retire effective end of the fiscal year 2021. Victor L. “Vic” Weldon, currently Chief Operating Officer of Clopay, will succeed Mr. Lynch.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today reported results for the second quarter of fiscal 2021 ended March 31, 2021.

The Board of Directors of Griffon Corporation (NYSEGFF) (the “Company” or “Griffon”) declared a regular quarterly cash dividend of $0.08 per share. The dividend is payable on June 17, 2021 to shareholders of record as of the close of business on May 20, 2021.

Griffon Corporation (“Griffon” or the “Company”) (NYSEGFF) today announced it will release the Company’s fiscal second quarter results on Thursday, April 29, 2021, followed by a conference call at 4:30 PM ET.