PPG Industries Inc
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Materials : Chemicals | Large Cap Blend
Company profile

PPG Industries, Inc. manufactures and distributes a range of coatings and specialty materials. The Company has two segments: Performance Coatings and Industrial Coatings. The Performance Coatings segment includes the refinish, aerospace, protective and marine, architectural businesses. The Industrial Coatings segment includes the automotive original equipment manufacturer (OEM), industrial coatings, packaging coatings, coatings services and specialty coatings and materials businesses. The Company's brands include PPG, GLIDDEN, COMEX, OLYMPIC, DULUX, SIKKENS, PPG PITTSBURGH PAINTS, MULCO, FLOOD, LIQUID NAILS, SICO, RENNER, TAUBMANS, WHITE KNIGHT, BRISTOL, HOMAX, DEKORAL, TRILAK, GORI, and BONDEX, among others. It also provides pavement markings and traffic safety solutions with products, including traffic paint, hot-applied and preformed thermoplastics, raised pavement markers and intelligent transportation systems.

Postmarket

Last Trade
Delayed
$168.78
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$168.78
Day's Change
1.37 (0.82%)
Bid
--
Ask
--
B/A Size
--
Day's High
169.94
Day's Low
165.90
Volume
(Average)
Volume:
2,069,116

10-day average volume:
2,187,350
2,069,116

UPDATE: Costco to pay out $4.4 billion in special dividends

5:13 pm ET November 16, 2020 (MarketWatch)
Print

Costco Wholesale Corp. (COST) shares rose in the extended session Monday after the company declared a special dividend. Costco shares rose 2.4% after hours, following a 0.3% advance to close at $379.79 in the regular session. The wholesale club said its board declared a $10-a-share dividend to be paid Dec. 11 to shareholders of record as of Dec. 2 for a total payout of $4.4 billion out of its existing cash. "This special dividend, our fourth in eight years, is our latest step to reward shareholders," said Richard Galanti, Costco chief financial officer, in a statement. "Our strong balance sheet allows us to pay this dividend, while preserving financial and operational flexibility to continue to grow our business globally." Analysts have frequently predicted Costco's special dividends, with one of the latest coming back in September (https://www.marketwatch.com/articles/could-a-costco-special-dividend-be-coming-one-analyst-thinks-yes-at-10-a-share-51601121601).

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

November 16, 2020 17:13 ET (22:13 GMT)

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