News & Events

WESTFORD, Mass. , July 28, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 27, 2020 . Second Quarter 2020 Financial Highlights Bookings decreased 24% to $133 million . Revenue decreased 14% to $153 million .

WESTFORD, Mass. , July 28, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced the completion of its acquisition of Cogent Industrial Technologies Ltd. , a leading industrial automation and controls solution provider. The acquisition expands Kadant’s capabilities in industrial

WESTFORD, Mass. , July 23, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2020 second quarter results after the market closes on Tuesday, July 28, 2020 and will hold a webcast the next day, Wednesday, July 29, 2020 at 11:00 a.m. eastern time .

WESTFORD, Mass. , May 13, 2020 (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 13, 2020 through May 13, 2021 . Repurchases may be made in public or private transactions,

WESTFORD, Mass. , May 13, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.24 per share to be paid on August 6, 2020 to stockholders of record as of the close of business on July 9, 2020 .

WESTFORD, Mass. , April 29, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 28, 2020 . Business Update Related to COVID-19 Designated by the U.S. Department of Homeland Security as a critical infrastructure company.

WESTFORD, Mass. , April 23, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2020 first quarter results after the market closes on Wednesday, April 29, 2020 and will hold a webcast the next day, Thursday, April 30, 2020 at 11:00 a.m. eastern time .

WESTFORD, Mass. , April 22, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced the realignment of its current operating segments by combining its operating entities into three new reportable operating segments. Consistent with the Company’s strategic initiatives to grow both

WESTFORD, Mass. , April 22, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today provided additional information regarding how to participate in the virtual component of its 2020 Annual Meeting of Stockholders. The Company had previously announced that, due to the public health concerns relating

WESTFORD, Mass. , April 10, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that, due to the public health concerns relating to the coronavirus pandemic, its Board of Directors has determined to include a virtual meeting component for the 2020 Annual Meeting of Stockholders.