WESTFORD, Mass. --(BUSINESS WIRE)--May 30, 2017-- Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire the forest products business of NII FPG Company for $173 million in cash, subject to a post-closing adjustment. The Company also announced that it has increased its revolving
WESTFORD, Mass. --(BUSINESS WIRE)--May 17, 2017-- Kadant Inc. (NYSE: KAI) announced that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.21 per share to be paid on August 10, 2017 to stockholders of record as of the close of business on July 13, 2017 .
WESTFORD, Mass. --(BUSINESS WIRE)--May 17, 2017-- Kadant Inc. (NYSE: KAI) announced that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.21 per share to be paid on August 10, 2017 to stockholders of record as of the close of business on July 13, 2017 .
WESTFORD, Mass. --(BUSINESS WIRE)--May 17, 2017-- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to an additional $20 million of its equity securities effective May 17, 2017 through May 17, 2018 .
WESTFORD, Mass. --(BUSINESS WIRE)--May 17, 2017-- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to an additional $20 million of its equity securities effective May 17, 2017 through May 17, 2018 .
Raises Full-Year Revenue and EPS Guidance WESTFORD, Mass. --(BUSINESS WIRE)--May 2, 2017-- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended April 1, 2017 . First Quarter 2017 Highlights GAAP diluted EPS increased 29% to $0.80 and adjusted diluted EPS increased 11%
WESTFORD, Mass. --(BUSINESS WIRE)--Apr. 27, 2017-- Kadant Inc. (NYSE: KAI) announced that it will release its 2017 first quarter results after the market closes on Tuesday, May 2, 2017 and will hold a webcast the same day, at 4:30 p.m. eastern time . During the call the Company will discuss its
Raises Quarterly Dividend 11% to $0.21 per Share WESTFORD, Mass. --(BUSINESS WIRE)--Mar. 8, 2017-- Kadant Inc. (NYSE:KAI) announced that its Board of Directors approved an 11% increase to its quarterly cash dividend to stockholders to $0.21 per share to be paid on May 11, 2017 to stockholders of
Q4 Bookings Increase 20% Sequentially WESTFORD, Mass. --(BUSINESS WIRE)--Feb. 23, 2017-- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 31, 2016 . Fourth Quarter Financial Highlights Revenue was $100 million vs.
WESTFORD, Mass. --(BUSINESS WIRE)--Feb. 17, 2017-- Kadant Inc. (NYSE:KAI) announced that it will release its 2016 fourth quarter and full-year results after the market closes on Thursday, February 23, 2017 and will hold a webcast the same day, at 4:30 p.m. eastern time .