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WESTFORD, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it received orders with a combined value of $18 million from three lumber producers in North America and Europe since its first quarter earnings call. The capital equipment orders are expected to ship between the end of 2025 and the third quarter of 2026. The equipment and technologies to be supplied will be used to debark, strand, chip, and batch feed whole logs and lumber wastewood to produce oriented strand board (OSB) and dimensional lumber. Smart technology systems developed by Kadant will further optimize the wood processing operations by leveraging key data in the production process.
WESTFORD, Mass., May 15, 2025 (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 15, 2025 through May 15, 2026. Repurchases may be made in public or private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans. The timing and amount of any repurchases will be at the discretion of Company management and will be based on market conditions and other considerations, including limitations contained in our credit agreement entered into on March 1, 2017, as amended and restated. The Company has not repurchased any shares of its common stock under the $50 million authorization that will expire on May 16, 2025.
WESTFORD, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.34 per share to be paid on August 7, 2025 to stockholders of record as of the close of business on July 10, 2025. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.
Kadant, Inc. (NYSE:KAI ) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Michael McKenney - Executive Vice President and Chief Financial Officer Jeff Powell - President, Chief Executive Officer and Director Conference Call Participants Ross Sparenblek - William Blair Gary Prestopino - Barrington Kurt Yinger - D.A. Davidson Walt Liptak - Seaport Research Operator Good day.
Kadant (KAI) came out with quarterly earnings of $2.10 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2.38 per share a year ago.
WESTFORD, Mass., April 29, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 29, 2025.
WESTFORD, Mass., April 24, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2025 first quarter results after the market closes on Tuesday, April 29, 2025 and will hold a webcast the next day, Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time. During the call the Company will discuss its first quarter financial performance and future expectations.
8 Upcoming Dividend Increases During Volatile Times
Kairos Minerals Ltd managing director Dr Peter Turner discusses the company's Mt York Gold Project. Proactive: Now we're going to talk about the Mt York Gold Project in the Pilbara. Can you talk us through what the project is and why you're so excited about it? Dr Peter Turner: Well, we're really excited about it for a number of reasons. One is that probably a lot of people have not really heard about Mt York in the past. That's partly because the company has been strategising last year and doing deals. But effectively, the gold project is a 1.4 million ounce gold project. The important thing to note, and what distinguishes us from our peers, is that the mineralisation is largely contained in a single open pit. The metallurgy is very clean. But there's enormous upside in terms of the resource. So I've mentioned it's 1.4 million ounces, but we think, with all the technical work that we have and the deal we've done with Pilbara Minerals, our neighbour to the north, we feel that this proj
KAI's measures to consistently reward shareholders through dividends and share buybacks hold promise.