News & Videos - ARCONIC CORP.

Arconic Corporation (NYSE: ARNC) launches today as a leader in advanced aluminum sheet, plate, extruded and architectural products that primarily advance the ground transportation, aerospace, industrial, packaging, and commercial building markets. The Company’s common stock will begin trading on the New York Stock Exchange under the ticker "ARNC" at 9:30 a.m. Eastern Daylight Time on April 1, 2020. The separation of Arconic Inc. into two standalone companies – Arconic Corporation and Howmet...

In connection with the separation of Arconic Inc. (NYSE: ARNC) into two independent, publicly-traded companies, Arconic Inc. announced today that Arconic Rolled Products Corporation (which will be renamed Arconic Corporation in connection with the separation) (“Arconic Corporation”), is expected to commence trading today, March 18, 2020, on a “when issued” basis under the symbol “ARNC WI” on the New York Stock Exchange. At the time of separation, Arconic Inc. stockholders are...

Arconic Inc. (NYSE: ARNC) announced today that John C. Plant has agreed to a new three-year employment agreement to lead Howmet Aerospace through March 2023 as co-Chief Executive Officer, effective with the expected separation of Arconic Inc. on April 1, 2020. Mr. Plant will serve as Executive Chairman of the Board of Howmet Aerospace. At separation, Tolga Oal will serve as co-CEO with Mr. Plant. Mr. Oal currently serves as President of Arconic Engineered Structures, a global leader in highly...

Arconic Inc. (NYSE: ARNC) announced today that it will host an Investor Day for Howmet Aerospace Inc. (Howmet Aerospace) and Arconic Corporation (Arconic Corp.) on February 25, 2020, in New York. Schedule of events is below: 10:00 AM ET Howmet Aerospace 1:00 PM ET Arconic Corp. Detailed agenda and a real-time audio webcast of the events will be available on the “Investors/Events and Presentations” section of www.arconic.com , where a webcast replay will be available for 30 days following the...

Arconic Inc. (NYSE:ARNC) (“Arconic”) announced today that Arconic Rolled Products Corporation (the “Issuer”), which is currently a wholly-owned subsidiary of Arconic, closed its offering of $600,000,000 aggregate principal amount of 6.125% second-lien notes due 2028 (the “Notes”). The Issuer intends to use the proceeds from the offering to make a payment to Arconic to fund the transfer of certain assets from Arconic to the Issuer in connection with Arconic’s previously announced...

Arconic Inc. (NYSE: ARNC) today announced that John Plant, Chairman and Chief Executive Officer of Arconic, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will speak at the Barclays Industrial Select Conference at the Loews Miami Beach Hotel in Miami Beach, Florida on Wednesday, February 19 at 10:55 AM EST. A real-time audio webcast of the event will be available on the “Investors/Events and Presentations” section of www.arconic.com , where a webcast replay will be...

Arconic Inc. (NYSE: ARNC) announced today that its Board of Directors has approved the completion of the Company’s separation into two independent, publicly traded companies. The separation is scheduled to become effective on April 1, 2020 before the opening of the New York Stock Exchange. The Engineered Products and Forgings businesses (engine products, fastening systems, engineered structures and forged wheels) will remain in the existing company, which will be renamed Howmet Aerospace Inc....

Arconic Inc. (NYSE: ARNC) today announced that John Plant, Chairman and Chief Executive Officer of Arconic, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will speak at the Cowen’s 41 st Annual Aerospace/Defense & Industrials Conference at the Lotte New York Palace in New York City, NY, on Wednesday, February 12, from 1:20 - 2:00 PM EST. A real-time audio webcast of the event will be available on the “Investors/Events and Presentations” section of www.arconic.com ,...

Arconic Inc. (NYSE:ARNC) (“Arconic”) announced today that Arconic Rolled Products Corporation (the “Issuer”), which is currently a wholly-owned subsidiary of Arconic, has priced its offering of $600,000,000 aggregate principal amount of 6.125% second-lien notes due 2028 (the “Notes”). The sale of the Notes is expected to be completed on February 7, 2020, subject to customary closing conditions. The Issuer intends to use the proceeds from the proposed offering to make a payment to...

Arconic Inc. (NYSE: ARNC) (“Arconic”) announced today a proposed offering of second-lien notes (the “Notes”) by Arconic Rolled Products Corporation (the “Issuer”), which is currently a wholly-owned subsidiary of Arconic. The timing of pricing and terms of the Notes are subject to market conditions and other factors. The Issuer intends to use the proceeds from the proposed offering to make a payment to Arconic to fund the transfer of certain assets from Arconic to the Issuer in...

Arconic Inc. (NYSE: ARNC) today reported fourth quarter 2019 and full year 2019 results. The Company reported fourth quarter revenues of $3.4 billion, down 2% year over year. Organic revenue 1 was up 1% year over year on growth in the aerospace, packaging and industrial markets and favorable product pricing, largely offset by weakness in the automotive, commercial transportation, and building and construction markets. Arconic reported net income of $309 million, or $0.70 per share, in the fourth...

The Board of Directors of Arconic (NYSE: ARNC) declared (a) a dividend of 2 cents per share on the outstanding Common Stock of the Company, payable on February 25, 2020, to the holders of record of the Common Stock at the close of business on February 7, 2020; and (b) a dividend of 93.75 cents per share on Arconic’s $3.75 Cumulative Preferred Stock (“Class A Stock”), payable on April 1, 2020, to the holders of record of the Class A Stock at the close of business on March 13, 2020. About...

Arconic (NYSE: ARNC) will announce its fourth quarter 2019 and full year 2019 financial results on Monday, January 27, 2020. The press release and presentation materials will be available at approximately 8:00 AM ET on January 27, via the “Investors” section of Arconic’s website. A link to the press release will also be available via Arconic’s Twitter handle @arconic at https://twitter.com/arconic . The conference call and webcast will begin at 10:00 AM ET. Details of both follow....

Lightweight metals manufacturer Arconic Inc. (NYSE: ARNC) today announced that Arconic Rolled Products Corporation (to be renamed Arconic Corporation upon separation) has publicly filed a preliminary Registration Statement on Form 10 with the U.S. Securities and Exchange Commission (SEC) in connection with Arconic Inc.’s pending separation into two standalone, publicly-traded companies. Arconic Inc. will spin off Arconic Corporation, which will hold the businesses currently comprising Arconic...

The Board of Directors of Arconic (NYSE: ARNC) today declared a dividend of 93.75 cents per share on Arconic’s $3.75 Cumulative Preferred Stock (“Class A Stock”), payable on January 1, 2020, to the holders of record of the Class A Stock at the close of business on December 13, 2019. About Arconic Arconic (NYSE: ARNC) creates breakthrough products that shape industries. Working in close partnership with our customers, we solve complex engineering challenges to transform the way we fly,...

Arconic (NYSE: ARNC) will announce its third quarter 2019 financial results on Tuesday, November 5, 2019. The press release and presentation materials will be available at approximately 8:00 AM ET on November 5, via the “Investors” section of Arconic’s website. A link to the press release will also be available via Arconic’s Twitter handle @arconic at https://twitter.com/arconic . The conference call and webcast will begin at 10:00 AM ET. Details of both follow. Conference Call...

The Board of Directors of Arconic (NYSE: ARNC) today declared a dividend of 2 cents per share on the outstanding Common Stock of the Company, payable on November 25, 2019, to the holders of record of the Common Stock at the close of business on November 8, 2019. About Arconic Arconic (NYSE: ARNC) creates breakthrough products that shape industries. Working in close partnership with our customers, we solve complex engineering challenges to transform the way we fly, drive, build and power. Through...

Arconic Inc. (NYSE: ARNC) today announced that John C. Plant, Chairman and Chief Executive Officer of Arconic, and Ken Giacobbe, Executive Vice President and Chief Financial Officer, will speak at the Morgan Stanley 7 th Annual Laguna Conference at the Ritz Carlton Laguna Niguel in Dana Point, CA, on Thursday, September 12, 2019, at 2:35 pm PDT. A real-time audio webcast of the presentation will be available on the “Investors/Events and Presentations” section of www.arconic.com , where a...

Arconic Inc. (NYSE: ARNC) today announced that it has entered into an accelerated share repurchase (ASR) agreement with Goldman Sachs & Co. LLC to repurchase $200 million of Arconic’s common stock, pursuant to the share repurchase program previously authorized by the Board of Directors. Under the ASR agreement, Arconic will receive initial delivery of approximately 6.8 million shares on August 8, 2019. The final number of shares to be repurchased will be based on the volume-weighted average...

USW, Arconic Announce Tentative Agreement PR Newswire PITTSBURGH, June 28, 2019 PITTSBURGH , June 28, 2019 /PRNewswire/ -- The United Steelworkers (USW) today announced that the union and its locals have reached a tentative agreement with Arconic (NYSE: ARNC) and said that members of its negotiating committee will be returning home in the coming days to set up informational meetings for the membership and making arrangements for ratification. "This is a good outcome for our bargaining," said USW...