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HOUSTON, July 12, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced that shareholders of both Quanex and Tyman plc (LSE:TYMN) ("Tyman") have approved Quanex's proposed acquisition of Tyman.
NEW YORK , July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Quanex Building Products Corporation (NYSE: NX ), relating to its proposed merger with Tyman plc.
NEW YORK , June 10, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Quanex Building Products Corporation (NYSE: NX), relating to its proposed merger with Tyman plc.
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NEW YORK, NY / ACCESSWIRE / June 7, 2024 / Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Quanex Building Products Corporation (NYSE: NX ), relating to its proposed merger with Tyman plc.
Weaker market demand in European Fenestration and North American Cabinet Components segments hurt Quanex Building Products' (NX) second-quarter fiscal 2024 top line.
Quanex Building Products (NX) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.66 per share a year ago.
Quanex Building Products Announces Second Quarter 2024 Results and Reaffirms Full Year 2024 Guidance
Margin Expansion in North America and on a Consolidated Basis Repaid $10 Million in Bank Debt – No Outstanding Draws on Revolver Tyman Acquisition Expected to Close in 2H24
NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Quanex Building Products Corporation (NYSE: NX ) , relating to its proposed merger with Tyman plc. Under the terms of the agreement, Tyman shareholders will own between approximately 30% and 32% of Quanex, depending on shareholder elections.
Quanex's (NX) fiscal second-quarter performance is likely to have ailed from soft demand and high costs.