WESTFORD, Mass., May 18, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $50 million of its equity securities effective May 18, 2023 through May 18, 2024. Repurchases may be made in public or private transactions,
WESTFORD, Mass., May 18, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.29 per share to be paid on August 10, 2023 to stockholders of record as of the close of business on July 13, 2023.
Reports Record Bookings and Raises Earnings Guidance WESTFORD, Mass., May 02, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended April 1, 2023. First Quarter Financial Highlights Bookings increased 3% to a record $275 million Operating
WESTFORD, Mass., April 27, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2023 first quarter results after the market closes on Tuesday, May 2, 2023 and will hold a webcast the next day, Wednesday, May 3, 2023 at 11:00 a.m. eastern time.
WESTFORD, Mass., March 22, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it was recognized as one of "America's Greatest Workplaces for Diversity 2023" by Newsweek magazine. The recognition was awarded to 1,000 companies across 34 industries.
WESTFORD, Mass., March 16, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) released its 2022 corporate sustainability report, which can be viewed at www.kadant.com/about-us/sustainability . The report highlights the Company’s continued commitment and progress on environmental, social, and
Raises Quarterly Dividend to $0.29 per Share WESTFORD, Mass., March 08, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.29 per share to be paid on May 10, 2023 to stockholders of record as of
WESTFORD, Mass., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter Financial Highlights Revenue increased 6% to $232 million* Bookings decreased 7% to $215 million Net income
WESTFORD, Mass., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2022 fourth quarter and full-year results after the market closes on Wednesday, February 15, 2023 and will hold a webcast the next day, Thursday, February 16, 2023 at 11:00 a.m. eastern time.
WESTFORD, Mass., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2023" by Newsweek magazine. This was the third consecutive year Kadant has been included on the list which assesses companies on various
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