AA Alcoa Corporation

Alcoa Corporation Declares Quarterly Cash Dividend

Alcoa Corporation (NYSE: AA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of the Company’s common stock and Series A convertible preferred stock, to be paid on August 29, 2024, to stockholders of record as of the close of business on August 12, 2024. In connection with the Company’s acquisition of Alumina Limited, the Series A convertible preferred stock was created and will be issued at the closing of that transaction, expected on August 1, 2024.

About Alcoa Corporation

Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future. With a values-based approach that encompasses integrity, operating excellence, care for people, and courageous leadership, our purpose is to Turn Raw Potential into Real Progress. Since developing the process that made aluminum an affordable and vital part of modern life, our talented Alcoans have developed breakthrough innovations and best practices that have led to greater efficiency, safety, sustainability, and stronger communities wherever we operate.

Dissemination of Company Information

Alcoa intends to make future announcements regarding company developments and financial performance through its website, , as well as through press releases, filings with the Securities and Exchange Commission, conference calls, and webcasts. The Company does not incorporate the information contained on, or accessible through, its corporate website into this press release.

EN
31/07/2024

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Reports on Alcoa Corporation

 PRESS RELEASE

Alcoa Announces Agreement to Sell its 25.1% Stake in Ma’aden Joint Ven...

PITTSBURGH--(BUSINESS WIRE)-- Alcoa (NYSE: AA, ASX: AAI) (“Alcoa” or the “Company”) announced today that it has entered into a binding share purchase and subscription agreement (the “Agreement”) with Saudi Arabian Mining Company (“Ma’aden”), under which Alcoa will sell its full ownership interest of 25.1% in the Ma’aden Joint Venture to Ma’aden for approximately $1.1 billion. The transaction consideration comprises approximately 86 million shares of Ma’aden (valued at ​$950 million based on the volume-weighted average share price of Ma’aden for the last 30 calendar days as of September 12, 202...

 PRESS RELEASE

Alcoa Executive Vice President and Chief Financial Officer Molly Beerm...

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation Executive Vice President and Chief Financial Officer Molly S. Beerman will participate in two investor conferences, engaging in question-and-answer sessions regarding Alcoa’s business and outlook in the current market, including factors that could affect the present quarter’s financial results. Jefferies 2024 Industrial Conference At 1:20 p.m. EDT on Thursday, September 5, 2024, Molly S. Beerman will participate in a live webcast session at the Jefferies 2024 Industrials Conference in New York, New York. Morgan Stanley 12th Annual Laguna C...

 PRESS RELEASE

Alcoa Announces Investor Relations Leadership Transition

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA, ASX: AAI) today announced a transition in its Investor Relations leadership, appointing Louis Langlois, senior vice president, Treasury and Capital Markets effective September 1, 2024. Mr. Langlois will assume responsibility for the Company’s investor relations and pension investment functions from Jim Dwyer, vice president, Investor Relations and Pension Investments, who will retire on September 1 after more than 30 years of service. Mr. Langlois is currently senior vice president and treasurer. He will continue to report to Executive...

 PRESS RELEASE

Alcoa Issues 2023 Sustainability Report

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA, ASX: AAI) has issued its 2023 Sustainability Report, detailing the Company’s progress on its strategic long-term sustainability goals. The report is available on the Sustainability section of Alcoa’s website at . “Excellence in environmental, social and governance practices and performance, particularly safety, goes hand-in-hand with operational excellence,” said Alcoa President and CEO William F. Oplinger in his letter to stakeholders. “We have ambition for this company – to expect excellence in everything we do, including our rel...

 PRESS RELEASE

Alcoa Completes Acquisition of Alumina Limited

PITTSBURGH--(BUSINESS WIRE)-- Alcoa Corporation (NYSE: AA; ASX: AAI) (“Alcoa” or the “Company”) today announced the successful completion of its acquisition of Alumina Limited (“Alumina”). This strategic move positions Alcoa to further strengthen its market leadership as a pure play, upstream aluminum company. “Alcoa is proud to announce the completion of our first major acquisition. The acquisition of Alumina Limited strengthens Alcoa's position as one of the world’s largest bauxite and alumina producers and is expected to result in long-term value creation from greater financial and operat...

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