ASTE Astec Industries Inc.

Astec Industries to Hold 2020 Annual Meeting of Shareholders in Virtual-Only Format

Astec Industries to Hold 2020 Annual Meeting of Shareholders in Virtual-Only Format

CHATTANOOGA, Tenn., April 24, 2020 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) (theCompany”) announced today that its upcoming 2020 Annual Meeting of Shareholders (the “Annual Meeting”) will be held in a virtual-only format to protect the safety of its shareholders and meeting participants in response to the COVID-19 pandemic and related public health guidance and restrictions.

As previously announced, the Annual Meeting will be held on Thursday, April 30, 2020, at 10:00 a.m., Chattanooga time, for shareholders of record as of the close of business on February 21, 2020. The original date and time of the Annual Meeting, as well as the items of business to be addressed at the Annual Meeting, remain unchanged. However, shareholders and other participants will not be able to attend the Annual Meeting in person and may only participate via webcast.

Access and Log-In Instructions for Virtual Annual Meeting

Shareholders entitled to attend the Annual Meeting may access the virtual meeting by going to  and following the instructions on the website to enter the 16-digit control number printed on their proxy card, voting instruction form or Notice of Meeting, as applicable. Online access to the Annual Meeting will open at 9:45 a.m. (Chattanooga time) to allow time for shareholders to log-in prior to the start of the live audio webcast of the Annual Meeting at 10:00 a.m. (Chattanooga time).

Voting Methods

Whether or not you plan to attend the Annual Meeting, the Company urges you to vote and submit your vote in advance of the Annual Meeting by one of the methods described in the proxy materials previously provided in connection with the Annual Meeting. Please note that the proxy card included with the previously distributed materials will not be updated to reflect the change to a virtual format and may continue to be used to vote your shares in connection with the Annual Meeting. The Company’s proxy materials are currently available at . Shareholders who have already voted do not need to take any further voting action unless they wish to change their vote.

If you wish to vote during the webcast of the Annual Meeting, go to  and vote during the meeting by following the instructions on the meeting website.

About Astec Industries, Inc. 

Astec Industries, Inc. () owns sites that manufacture specialized equipment primarily used for asphalt road building, aggregate processing and concrete production.

For Additional Information Contact:

Stephen C. Anderson

Senior Vice President of Administration, Investor Relations & Secretary

Phone: (423) 899-5898

Fax: (423) 899-4456

E-mail:

EN
24/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Astec Industries Inc.

 PRESS RELEASE

Astec Reports Second Quarter 2025 Results

Astec Reports Second Quarter 2025 Results Second Quarter 2025 Overview (all comparisons are made to the corresponding prior year second quarter unless otherwise specified): Net sales of $330.3 millionNet income of $16.7 million; Adjusted net income of $20.3 millionEBITDA of $29.0 million; Adjusted EBITDA of $33.7 millionDiluted EPS of $0.72; Adjusted EPS of $0.88Operating cash flow of $12.9 million; Free cash flow of $9.0 million CHATTANOOGA, Tenn., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (Nasdaq: ASTE) announced today its financial results for the second quarter ended ...

 PRESS RELEASE

Astec Announces Quarterly Dividend

Astec Announces Quarterly Dividend CHATTANOOGA, Tenn., July 28, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about August 29, 2025, to shareholders of record as of the close of business on August 11, 2025. About ASTEC is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing operations are divided into two primary business segments: Infrastructure Solutions that incl...

 PRESS RELEASE

Astec Industries, Inc. Announces the Company’s Second Quarter 2025 Con...

Astec Industries, Inc. Announces the Company’s Second Quarter 2025 Conference Call on August 6, 2025, at 8:30 A.M. Eastern Time CHATTANOOGA, Tenn., July 16, 2025 (GLOBE NEWSWIRE) -- You are invited by Astec Industries, Inc. (NASDAQ:ASTE) to participate in a conference call to review the company’s second quarter 2025 financial results. Astec Industries, Inc. will be releasing the company’s second quarter results to the wire service on Wednesday, August 6, 2025, at approximately 7:00 a.m. Eastern Time. The live call will begin on Wednesday, August 6, 2025, at 8:30 a.m. Eastern Time. Jaco...

 PRESS RELEASE

Astec Completes Acquisition of TerraSource Holdings, LLC

Astec Completes Acquisition of TerraSource Holdings, LLC Revenue growth potential, margin expansion, EPS accretive, enhanced cash flowPurchase price of $245 million in cash, on a cash-free, debt-free basis. Net purchase price of $230 million when adjusted for ~ $15 million net present value of anticipated tax benefitsAnnual run rate synergies ~ $10 million expected by end of year twoExpect 2025 proforma net leverage ratio of ~ 2.0x net debt/adjusted EBITDA CHATTANOOGA, Tenn., July 01, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) (“Astec” or “Company”) today anno...

 PRESS RELEASE

Astec Reports First Quarter 2025 Results, Enters Into Definitive Agree...

Astec Reports First Quarter 2025 Results, Enters Into Definitive Agreement to Acquire TerraSource Holdings, LLC First Quarter 2025 Overview (all comparisons are made to the corresponding prior year first quarter unless otherwise specified): Net sales of $329.4 millionStrong net income of $14.3 million; Adjusted net income of $20.3 millionEBITDA of $27.5 million; Adjusted EBITDA of $35.2 millionDiluted EPS of $0.62; Adjusted EPS of $0.88Operating cash flow of $20.5 million; Free cash flow of $16.6 millionEntered definitive purchase agreement to acquire TerraSource Holdings, LLC ("TerraSou...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch