News & Events

WESTFORD, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 3, 2021. Second Quarter Financial Highlights with Records Achieved in Each of the Following Metrics Bookings increased 60% to $213 million.

WESTFORD, Mass. , July 29, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 second quarter results after the market closes on Tuesday, August 3, 2021 and will hold a webcast the next day, Wednesday, August 4, 2021 at 11:00 a.m. eastern time .

WESTFORD, Mass. , June 17, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) has entered into a definitive agreement to acquire Joh. Clouth GmbH & Co. KG and its affiliates (“Clouth”) for approximately 78 million Euros in cash, subject to certain customary adjustments.

WESTFORD, Mass. , May 20, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $20 million of its equity securities effective May 20, 2021 through May 20, 2022 . Repurchases may be made in public or private transactions,

WESTFORD, Mass. , May 20, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on August 12, 2021 to stockholders of record as of the close of business on July 15, 2021 .

WESTFORD, Mass. , May 04, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended April 3, 2021 . First Quarter Financial Highlights Bookings increased 16% to a record $204 million . Operating cash flow increased 209% to $19 million .

WESTFORD, Mass. , April 29, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 first quarter results after the market closes on Tuesday, May 4, 2021 and will hold a webcast the next day, Wednesday, May 5, 2021 at 11:00 a.m. eastern time .

WESTFORD, Mass. , April 15, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) released its 2020 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 $0.25 per Share WESTFORD, Mass. , March 10, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.25 per share to be paid on May 12, 2021 to stockholders of record as of

Record Bookings, Operating Cash Flow, and Free Cash Flow in Q4 2020 WESTFORD, Mass. , Feb. 17, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended January 2, 2021 . Fourth Quarter Financial Highlights Operating cash flow