LECO Lincoln Electric Holdings Inc.

Lincoln Electric Named to Newsweek’s America’s Greatest Workplaces 2024

Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that it has been recognized as one of by Newsweek and Plant-A Insights Group.

The award recognizes leading U.S. workplaces based on reviews from over 250,000 U.S. employees across eight categories: training and career progression; proactive management of a diverse workforce; sustainability; corporate culture; compensation and benefits; working environment; company image; and work-life balance. Lincoln Electric was among 19 companies recognized in the Industrial Machinery sector.

“We are proud to be named as one of America’s Greatest Workplaces as it reflects our commitment to attracting and developing the best talent to effectively serve our customers and stakeholders,” stated Steven B. Hedlund, President and Chief Executive Officer of Lincoln Electric.

The Company has also been recognized by Newsweek as one of America’s Most Responsible Companies 2024, America’s Greatest Workplaces for Diversity 2024, and America’s Greenest Companies 2024.

“Finding a great workplace is an important decision that needs to factor in pay, respect, training and advancement as well as a healthy work-life balance. Newsweek and market-data research firm Plant-A Insights, are proud to publish 'America’s Greatest Workplaces 2024,' the second annual ranking that highlights companies which are committed to offering a positive and supportive working environment,” stated Nancy Cooper, Newsweek’s global editor in chief.

About Lincoln Electric

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln has 71 manufacturing locations in 21 countries and a worldwide network of distributors and sales offices serving customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at .

EN
25/06/2024

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Reports on Lincoln Electric Holdings Inc.

 PRESS RELEASE

Lincoln Electric Schedules 2025 Virtual Annual Meeting of Shareholders

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company’s 2025 Annual Meeting of Shareholders will be held as a virtual meeting on Thursday, April 24, 2025, at 11:00 a.m., Eastern Time. About Lincoln Electric Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ ...

 PRESS RELEASE

Lincoln Electric Reports Third Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today reported third quarter 2024 net income of $100.8 million, or diluted earnings per share (EPS) of $1.77, which includes special item after-tax net charges of $21.6 million, or $0.37 EPS. This compares with prior year period net income of $129.3 million, or $2.22 EPS, which included special item after-tax net charges of $10.1 million, or $0.18 EPS. Excluding special items, third quarter 2024 adjusted net income was $122.4 million, or $2.14 adjusted EPS. This compares with adjusted net income of $139...

 PRESS RELEASE

Lincoln Electric Announces 5.6% Dividend Increase

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc., (Nasdaq: LECO) announced today that its Board of Directors has approved a 5.6% increase in the quarterly cash dividend to $0.75 per share, or $3.00 per share on an annualized basis. The dividend is payable January 15, 2025, to shareholders of record at the close of business on December 31, 2024. “Our dividend increase reflects strong cash flow generation of the business, solid execution of our Higher Standard 2025 Strategy, and confidence in our ability to continue to deliver superior long-term value for our shareholders through th...

 PRESS RELEASE

Lincoln Electric Announces Retirement of Executive Chair Christopher L...

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq:LECO) today announced that Christopher L. Mapes, Executive Chair, will retire from his position as Executive Chair and a member of the Board of Directors on December 31, 2024. The Board of Directors has elected Steven B. Hedlund, currently Chief Executive Officer and a Director, to succeed Mr. Mapes as Chair of the Board, effective January 1, 2025. Mr. Hedlund will assume this position in addition to his role as President and Chief Executive Officer. “We thank Chris for his many years of service and congratul...

 PRESS RELEASE

Lincoln Electric Schedules Webcast for Third Quarter 2024 Results

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc., (the “Company”) (Nasdaq: LECO) announced today that it will release its third quarter 2024 results on Thursday, October 31, 2024, prior to market open. An investor conference call and webcast will take place at 10:00 a.m. (ET) later that day. The event is available via webcast in listen-only mode and can be accessed or on the Company's home page at . To participate via telephone, please dial (888) 440-4368 (domestic) or (646) 960-0856 (international) and use confirmation code 6709091. Telephone participants are asked to connect 1...

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