HPS.A Hammond Power Solutions

Hammond Power Solutions Awarded Top Spot in 2024 TSX30 Ranking

Hammond Power Solutions Awarded Top Spot in 2024 TSX30 Ranking

GUELPH, Ontario, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers and power quality solutions, announced the recognition as the top-performing company in the 2024 TSX30 ranking, highlighting the top-performing companies on the Toronto Stock Exchange.

"Being named the top company in the 2024 TSX30 underscores the commitment from our employees and customers as we drive progress to further electrify the global energy system,” said Adrian Thomas, CEO, Hammond Power Solutions. “As jurisdictions globally recognize the need to utilize electricity as a primary source of power, we are making significant investments in our business to meet customers' future demands and are proud to play a role in decarbonizing energy systems.”

ABOUT HAMMOND POWER SOLUTIONS INC.

Hammond Power Solutions Inc. (“HPS” or the “Company”) enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. HPS’ standard and custom-designed products are essential and ubiquitous in electrical distribution networks through an extensive range of end-user applications. The Company has manufacturing plants in Canada, the United States (U.S.), Mexico and India and sells its products around the globe. HPS shares are listed on the Toronto Stock Exchange and trade under the symbol HPS.A.

Hammond Power Solutions – Energizing Our World

For more information, please contact:

David Feick

Investor Relations

519) 822-2441 x453



EN
10/09/2024

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Reports on Hammond Power Solutions

 PRESS RELEASE

Hammond Power Solutions Completes Asset Purchase of Micron Industries ...

Hammond Power Solutions Completes Asset Purchase of Micron Industries Corporation GUELPH, Ontario, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type transformers and power quality solutions, today announced that it has completed the previously announced acquisition of assets relating to the operations of Micron Industries Corporation (“Micron Industries”), a company based in the United States. The acquisition is structured as an asset purchase through HPS’ U.S. subsidiary. HPS will continue to operate the Micron Industr...

 PRESS RELEASE

Hammond Power Solutions Closes $65.5 Million Bought Deal Secondary Off...

Hammond Power Solutions Closes $65.5 Million Bought Deal Secondary Offering Chair of Board Sells Shares for Diversification, Estate Planning and Charitable Giving Purposes GUELPH, Ontario, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS” or the “Company”) (TSX: HPS.A) announced today that Chair of Board, Mr. William G. Hammond, through a company he controls, closed the sale of 500,000 Class A Subordinate Voting Shares at a price of $131.00 (the “Offering”) for gross proceeds of approximately $65.5 million. Mr. Hammond intends to use the proceeds for diversification...

 PRESS RELEASE

Hammond Power Solutions Signs Definitive Agreement to Acquire Assets o...

Hammond Power Solutions Signs Definitive Agreement to Acquire Assets of Micron Industries Corporation GUELPH, Ontario, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type transformers and power quality solutions, today announced that it has entered into a definitive agreement to acquire the assets relating to the operations of Micron Industries Corporation (“Micron Industries”), a company based in the United States. Micron Industries is a leading provider of control transformers and other electrical products and had appr...

 PRESS RELEASE

Hammond Power Solutions Awarded Top Spot in 2024 TSX30 Ranking

Hammond Power Solutions Awarded Top Spot in 2024 TSX30 Ranking GUELPH, Ontario, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type transformers and power quality solutions, announced the recognition as the top-performing company in the 2024 TSX30 ranking, highlighting the top-performing companies on the Toronto Stock Exchange. "Being named the top company in the 2024 TSX30 underscores the commitment from our employees and customers as we drive progress to further electrify the global energy system,” said Adrian Thomas, ...

 PRESS RELEASE

Hammond Power Solutions Declares Quarterly Dividend

Hammond Power Solutions Declares Quarterly Dividend GUELPH, Ontario, Sept. 06, 2024 (GLOBE NEWSWIRE) -- (TSX: HPS.A) The Board of Directors of Hammond Power Solutions Inc. (“HPS”) declared a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of twenty-seven and a half cents ($0.275) per Class B Common Share of HPS payable on September 27, 2024, to shareholders of record at the close of business on September 20, 2024. The ex-dividend date is September 20, 2024. Important Income-Tax Information for Can...

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