News & Videos - GRIFFON CORP. - Page 3

Voss Capital Responds to Grossly Misleading Griffon Statements Refutes Inaccuracies and Challenges Misleading Claims Provides Evidence of Company's Cherry-Picking of Metrics Believes Griffon's Numerous Erroneous Claims are Proof Shareholder Driven Change is Needed PR Newswire HOUSTON, Jan. 28, 2022 HOUSTON , Jan. 28, 2022 /PRNewswire/ -- Voss Capital, LLC ("Voss"), a significant shareholder of Griffon Corp. (NYSE: GFF) ("Griffon" or the "Company"), today issued an open letter to Griffon...

Griffon Corporation (NYSE: GFF) 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...

Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) 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. “Hunter is a fantastic addition to our family of iconic brands including AMES, True Temper and ClosetMaid,” said...

Voss Capital Issues Detailed Investor Presentation On Griffon Corp. PR Newswire HOUSTON, Jan. 21, 2022 HOUSTON , Jan. 21, 2022 /PRNewswire/ -- Voss Capital, LLC ("Voss"), a significant shareholder of Griffon Corp. (NYSE: GFF) ("Griffon" or the "Company"), today announced that it has issued a detailed presentation titled "Renovating Griffon," outlining Voss's history of engagement with the Company, the ongoing issues with Griffon's conglomerate structure and corporate governance, and...

Voss Capital Questions the Circumstances Surrounding the Withdrawal of Two of its Director Candidates in Its Proxy Contest at Griffon Corp. Announces that a second director nominee has had to withdraw candidacy under questionable circumstances PR Newswire HOUSTON, Jan. 19, 2022 HOUSTON , Jan. 19, 2022 /PRNewswire/ -- Voss Capital, LLC ("Voss"), a significant shareholder of Griffon Corp. (NYSE: GFF) ("Griffon" or the "Company"), today announced that another of its director nominees has informed...

Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) 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. In addition, Griffon announced that it will release the Company’s fiscal first quarter results on Tuesday, Feb 1, 2022, followed by a conference call...

Voss Capital Sends Letter to Griffon Corp. ESOP Participants Emphasizes issues with Griffon management Reminds participants of vote confidentiality Only your latest dated vote counts - if you have voted a white card from Griffon, a later-dated vote on the BLUE voting instruction card will cancel your prior vote PR Newswire HOUSTON, Jan. 11, 2022 HOUSTON , Jan. 11, 2022 /PRNewswire/ -- Voss Capital, LLC ("Voss"), a significant shareholder of Griffon Corp. (NYSE: GFF) ("Griffon" or the "Company")...

Voss Capital Sends Letter to Griffon Corp. Shareholders Exposing Underperformance, Condemning Outdated Corporate Governance and Outlining Clear Path to Value Creation Cites troubling issues with the Hunter Fan acquisition Underscores lack of true Board independence Urges shareholders to vote the BLUE proxy card PR Newswire HOUSTON, Jan. 10, 2022 HOUSTON , Jan. 10, 2022 /PRNewswire/ -- Voss Capital, LLC ("Voss"), a significant shareholder of Griffon Corp. (NYSE: GFF) ("Griffon" or the "Company")...

Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) today sent a letter to shareholders highlighting the strategic and financial benefits of its proposed acquisition of Hunter Fan Company (“Hunter”). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220109005061/en/ Indexed Stock Price Performance Between 20-Dec-21 and 24-Dec-21. 1. Financial profile figures based on FY2021 figures. For Griffon, FY2021 ended...

Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) 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. The proxy statement outlines six items for shareholder consideration, including the Board’s director nominees and corporate governance changes that reflect Griffon’s ongoing dialogue with its shareholders. Griffon has nominated the...

Griffon Corporation (“Griffon” or the “Company”), (NYSE: GFF), 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. “We are excited to add Hunter, the leading U.S. brand of residential ceiling fans,...

Griffon Corporation (“Griffon” or the “Company”) (NYSE: GFF) 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211123006051/en/ (Graphic:...

Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the fiscal year and fourth quarter ended September 30, 2021. On September 27, 2021, Griffon announced it is exploring strategic alternatives, including a sale, for its Defense Electronics ("DE") segment, which conducts its operations through Telephonics Corporation ("Telephonics"). As a result, Griffon classified Telephonics as a discontinued operation in the Consolidated Statements of Operations for...

The Board of Directors of Griffon Corporation (NYSE: GFF) (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. About Griffon Corporation Griffon is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates...

Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) 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. The call can be accessed by dialing 1-877-407-0792 (U.S. participants) or 1-201-689-8263 (International participants). Callers should ask to be connected to the Griffon Corporation teleconference or provide conference ID number 13724401. Participants are...

Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) announced today that its Board of Directors has authorized a review of strategic alternatives for Griffon’s subsidiary Telephonics Corporation (“Telephonics”). Telephonics is recognized globally as a leading provider of highly sophisticated intelligence, surveillance and communications solutions that are deployed across a wide range of land, sea and air applications. Telephonics designs, develops, manufactures and provides...

Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) 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 ). About Griffon Corporation Griffon is a diversified management...

Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) 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 ). About Griffon Corporation Griffon is a diversified...

Griffon Corporation (“Griffon” or the “Company”) (NYSE:GFF) today reported results for the third quarter of fiscal 2021 ended June 30, 2021. Consolidated revenue for the third quarter totaled $646.8 million, a 2% increase compared to the prior year quarter revenue of $632.1 million, or 4% excluding prior year revenue of $7.9 million related to the SEG disposition. Net income totaled $16.7 million, or $0.31 per share, compared to $21.8 million, or $0.50 per share, in the prior year...

The Board of Directors of Griffon Corporation (NYSE: GFF) (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. About Griffon Corporation Griffon is a diversified management and holding company that conducts business through wholly-owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among...