Stanley Black & Decker Reaffirms 2021 Guidance And Provides Strategic Update At Growth Summit
News provided by
Share this article
Share this article
NEW BRITAIN, Conn., May 13, 2021 /PRNewswire/ Stanley Black & Decker (NYSE: SWK) hosted a virtual growth summit with investors today.
At the event, Stanley Black & Decker s leadership team provided an update on its growth catalysts and margin resiliency initiative, and detailed how each is critical to achieving the Company s long-term vision.
Stanley Black & Decker s CEO James M. Loree commented, We have built a great company with a people-oriented culture that is powered by the SBD Operating Model and grounded by a dedication to performance, innovation and social responsibility. As we look to the future, we have an array of extraordinary growth opportunities in 2021 and beyond. We are harnessing powerful market trends and investing across the businesses to deliver sustained above-market organic growth and margin expansion
Share this article
Share this article
NEW BRITAIN, Conn., April 28, 2021 /PRNewswire/ Stanley Black & Decker, Inc. (NYSE: SWK) ( Stanley ) today announced that it has elected to redeem all its outstanding Series C Cumulative Perpetual Convertible Preferred Stock (CUSIP No. 854502 853), no par value, with liquidation preference $1,000 per share (the Convertible Preferred Stock ) and that:
(A) the redemption date will be June 3, 2021;
(B) the redemption price will be $1,002.50 per share of the Convertible Preferred Stock payable in cash (which is equal to 100% of the liquidation preference of a share of the Convertible Preferred Stock
plus accumulated and unpaid dividends to, but excluding, the redemption date);
Stanley Black & Decker To Present At The Bank of America Global Industrials Conference 2021
News provided by
Share this article
Share this article
NEW BRITAIN, Conn., March 10, 2021 /PRNewswire/ Stanley Black & Decker (NYSE: SWK) invites investors and the general public to listen to a webcast of a virtual presentation by Don Allan, President & CFO, at the Bank of America Global Industrials Conference 2021 on Tuesday, March 16, 2021 at 12:30 PM ET. The live webcast will be available in the Investors section of the company s website at www.stanleyblackanddecker.com. A replay of the webcast will be provided on the website and will be available for 30 days.
CONTENT: Press Release
In the wake of the recent winter storm in Texas, Stanley Black & Decker announced a donation of $500,000 to the American Red Cross Disaster Giving Program.
Funds will be used to support immediate needs in Texas, along with future disasters throughout the country. The company will also be donating to the North Texas Food Bank and Genesis Women’s Shelter to assist residents in Texas who are struggling to meet basic needs. Recent storms have been devastating to the residents of Texas, claiming nearly 80 lives and eliminating power to millions, said CEO of Stanley Black & Decker Jim Loree. Unfortunately, the timing of the storms exacerbated existing pandemic related challenges. And while temperatures have risen in Texas, the aftermath of the storm remains with many individuals still without heat, power and water. By giving to the American Red Cross, we will help support the immediate needs in Texas and future crisis relief efforts in the United States.