Kadant Corporate

News & Events

News Releases

January 2, 2024 at 7:40 AM EST
Kadant Completes Acquisition of Key Knife, Inc.
WESTFORD, Mass., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has completed its previously announced acquisition of Key Knife, Inc. and certain of its affiliates (“Key Knife”) for approximately $156 million in cash, subject to certain customary adjustments.
December 28, 2023 at 4:17 PM EST
Kadant to Acquire Key Knife, Inc.
WESTFORD, Mass., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire Key Knife, Inc. and certain of its affiliates (“Key Knife”) for approximately $156 million in cash, subject to certain customary adjustments.
November 16, 2023 at 4:16 PM EST
Kadant Declares Cash Dividend
WESTFORD, Mass., Nov. 16, 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 February 1, 2024 to stockholders of record as of the close of business on January 4, 2024.
October 31, 2023 at 4:46 PM EDT
Kadant Reports Third Quarter 2023 Results
Raises Revenue and Earnings Guidance WESTFORD, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 30, 2023. Third Quarter Financial Highlights    Revenue increased 9% to $244 million Operating cash flow increased 89%
October 26, 2023 at 12:09 PM EDT
Kadant to Hold Earnings Conference Call on Wednesday, November 1, 2023
WESTFORD, Mass., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2023 third quarter results after the market closes on Tuesday, October 31, 2023 and will hold a webcast the next day, Wednesday, November 1, 2023 at 11:00 a.m. eastern time.
September 7, 2023 at 4:41 PM EDT
Kadant Declares Cash Dividend
WESTFORD, Mass., Sept. 07, 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 November 9, 2023 to stockholders of record as of the close of business on October 12, 2023.
August 1, 2023 at 4:21 PM EDT
Kadant Reports Second Quarter 2023 Results
Reports Record Revenue and Raises Earnings Guidance WESTFORD, Mass., Aug. 01, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 1, 2023. Second Quarter Financial Highlights    Revenue increased 11% to a record $245 million Bookings
July 27, 2023 at 11:40 AM EDT
Kadant to Hold Earnings Conference Call on Wednesday, August 2, 2023
WESTFORD, Mass., July 27, 2023 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2023 second quarter results after the market closes on Tuesday, August 1, 2023 and will hold a webcast the next day, Wednesday, August 2, 2023 at 11:00 a.m. eastern time.
May 18, 2023 at 4:31 PM EDT
Kadant Authorizes Share Repurchase
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,
May 18, 2023 at 4:23 PM EDT
Kadant Declares Cash Dividend
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.

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