HEICO CORP. overview

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HOLLYWOOD, FL and PEACHTREE CITY, GA / ACCESSWIRE / May 15, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it entered into an agreement to acquire Wencor Group ("Wencor") from affiliates of Warburg Pincus LLC and Wencor's management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock 1 to be paid at closing, or $2.05 billion in the aggregate. The transaction will be HEICO's largest ever in purchase price, as well as revenues and income acquired. Wencor...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 9, 2023 / On May 22, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 2023. The earnings release will be available through the Internet on the Company's website at http://www.heico.com . In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls. HEICO will hold...

1st Quarter of Fiscal 2023 Operating Income Increased 31% on a Net Sales Increase of 27% HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 27, 2023 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net sales increased 27% to a record $620.9 million in the first quarter of fiscal 2023, up from $490.3 million in the first quarter of fiscal 2022. Operating income increased 31% to $129.4 million in the first quarter of fiscal 2023, up from $98.8 million in the first quarter of fiscal 2022....

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 13, 2023 / On February 27, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2023. The earnings release will be available through the Internet on the Company's website at http://www.heico.com . In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls. HEICO...

HOLLYWOOD, FL and PARIS, FRANCE / ACCESSWIRE / January 5, 2023 / HEICO Corporation (NYSE:HEI.A and HEI) today stated that its Electronic Technologies Group completed its acquisition of Exxelia International. HEICO acquired approximately 94% of Exxelia's outstanding shares, with the balance continuing to be held by certain Exxelia Team Members. HEICO announced its initial agreement for the acquisition on July 28, 2022. HEICO acquired its interest from an affiliate of IK Partners, a leading...

MIAMI, FL / ACCESSWIRE / December 21, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Board of Directors (the "Board") has elected Carol F. Fine to serve on the Company's Board, effective December 23, 2022. Mrs. Fine is a highly accomplished and experienced banker and aviation consultant. During her 37-year banking career, she served in corporate and private banking positions of increasing responsibility at Southeast Bank, First Union, SunTrust Bank, City National Bank of...

Increases semi-annual cash dividend to $.10 per share Sets March 17, 2023 annual meeting date HOLLYWOOD, FL / ACCESSWIRE / December 19, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The new dividend amount is 11% higher than HEICO's previous semiannual cash dividend rate and is HEICO's 89th consecutive semiannual cash dividend since 1979....