Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Herman Miller and Knoll Shareholders Approve Merger-Related Proposals ZEELAND, Mich. and EAST GREENVILLE, Pa., July 13, 2021 (GLOBE NEWSWIRE) -- Herman Miller, Inc. (“Herman Miller”) (NASDAQ: MLHR) and Knoll, Inc. (“Knoll”) (NYSE: KNL) announced that, at their respective special meetings held today, Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller. Upon completion of the transaction, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common ...
Knoll Declares Cash Dividend EAST GREENVILLE, Pa., May 13, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-driven brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable June 30, 2021 to shareholders of record on June 15, 2021. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements, our merger ag...
Knoll Reports First Quarter Results Strong work from home e-commerce and residential sales growth continue to help mitigate near-term office headwindsPositive increases in Office pipeline reinforce expectation for return to growth in Q2, and double digit order growth in the 2nd half of 2021.Diluted EPS was $(0.08) on a GAAP basis, and Adjusted Diluted EPS beat expectations by $0.02 per diluted share EAST GREENVILLE, Pa., April 28, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally t...
Herman Miller and Knoll to Combine, Creating the Preeminent Leader in Modern Design, Catalyzing the Transformation of the Home and Office Brings Together Complementary Portfolios of Exceptional Brands for Commercial and Residential Settings Enhances Scale and Capabilities to Drive Growth and Profitability Accelerates Digital Transformation Drives Strong Financial Benefits Including $100 Million in Expected Run-Rate Cost Synergies Within Two Years of Closing Supported by Shared Culture and Commitment to Design, Innovation, Operational Excellence and Sustainability Companies to Host Con...
Knoll, Inc. to Announce 2021 First Quarter Results on April 28, 2021 Company to Host Q&A Conference Call at 5:30 p.m. ET EAST GREENVILLE, Pa., April 14, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced that it plans to report financial results for the first quarter of 2021 on Wednesday, April 28, 2021, following the close of the market. In addition, Knoll, Inc. will host a Q&A conference call at 5:30 p.m. ET on Wednesday, April 28, 2021 to respond to questions. To access th...
KNOLL (US), a company active in the Industrial Suppliers industry, improves its market behaviour and slightly increases its general evaluation. The independent financial analyst theScreener just upgraded the stock market behaviour as moderately risky. At a fundamental level, theScreener confirms 0 out of 4 possible stars; the general evaluation is slightly increased to Neutral but the title remains under pressure. As of the analysis date April 2, 2021, the closing price was USD 16.56 and its tar...
Clear Link Between Pandemic and Recalibrating Workplace Design, Knoll; Study Finds "The Thriving Workplace," Companion White Paper, Published EAST GREENVILLE, Pa., Feb. 18, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL) -- Research by Knoll, Inc., a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, has found that over the next 18–24 months workplace design will accelerate away from individual workspaces to a reallocation of space for meeting spaces, social spaces and outdo...
Knoll Names Esohe Omoruyi as Executive Vice President, Consumer & Digital Commerce EAST GREENVILLE, Pa., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced the appointment of Esohe Omoruyi as Executive Vice President of Consumer & Digital Commerce, reporting to Andrew Cogan, Chairman and CEO. In this new role, she will be responsible for strategies across e-commerce, digital and mobile, and brick an...
Knoll Reports Annual and Fourth Quarter Results Strong work from home e-commerce and residential sales growth continue to help mitigate near-term office headwindsPositive signals in Office pipeline suggest improving outlook in the 2nd half of 2021Important actions taken during 2020 to reduce manufacturing footprint and reset workplace cost structureYear-end liquidity strong, with $334 million undrawn on our credit facility; leverage 2.3x EAST GREENVILLE, Pa., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together wi...
Knoll Declares Cash Dividend EAST GREENVILLE, Pa., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-drive brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable March 31, 2021 to shareholders of record on March 15, 2021. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements and other fac...
Knoll, Inc. to Announce 2020 Fourth Quarter and Full Year Results on February 10, 2021 Company to Host Q&A Conference Call at 5:30 p.m. ET EAST GREENVILLE, Pa., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced that it plans to report financial results for the fourth quarter and full year 2020 on Wednesday, February 10, 2021, following the close of the market. In addition, Knoll, Inc. will host a Q&A conference call at 5:30 p.m. ET on Wednesday, February 10, 2021 to resp...
Knoll Declares Cash Dividend EAST GREENVILLE, Pa., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-drive brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable December 31, 2020 to shareholders of record on December 15, 2020. The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements and ...
Knoll Reports Third Quarter Results Strong work from home e-commerce and residential sales growth help to mitigate office headwindsAdditional actions taken to reduce costs and accelerate digital investmentsStrong liquidity position with $336 million of available borrowings; leverage ratio 2.1x EAST GREENVILLE, Pa., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands and people, working together with clients in person and digitally to create inspired modern interiors for workplaces and homes, today announced financial results for the third ...
Knoll Appoints Jeffrey Henderson to Board of Directors EAST GREENVILLE, Pa., Oct. 16, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-driven brands for the workplace and home, today announced the election of Jeffrey Henderson to its board of directors. This addition brings the total members of the Company's board of directors to 11, of which 10 are independent directors. Mr. Henderson, age 47, is the founder and creative director of AndThem, a New York-based global creative agency focused on product design, engineering, content creation and strategy. Prio...
Knoll Declares Cash Dividend EAST GREENVILLE, Pa., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a constellation of design-drive brands for the workplace and home, today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.06 per share payable September 30, 2020 to shareholders of record on September 15, 2020. “With our strengthened balance sheet and stabilizing performance, thanks to our increasing mix of work from home and residential offerings, we are pleased to increase our third quarter dividend by 50%, from $0.04 to $0.06 per share,”...
Knoll Reports Second Quarter Results Strong work from home results and channel diversification help to mitigate workplace declinesImplemented $50M of annualized operating expense reductions$164 million preferred stock issuance closed on July 21, 2020, enhancing liquidity and reducing debt EAST GREENVILLE, Pa., July 23, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL), a leading designer and manufacturer of furnishings, textiles and fine leathers for the workplace and home, today announced results for the second quarter ended June 30, 2020. Second Quarter Highlights Versus Prior Year Ne...
Knoll Announces Closing of $164.0 Million Convertible Preferred Equity Investment EAST GREENVILLE, Pa., July 21, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE: KNL) today announced the closing of the previously announced purchase of $164.0 million in convertible preferred stock by an independently managed subsidiary of Investindustrial VII L.P. As previously announced, transaction terms follow: $164.0 million of convertible, perpetual preferred stock, which will be convertible into shares of Knoll, Inc. common stock at an initial conversion price of $16.75 per share. The preferred stock ca...
Knoll, Inc. to Announce 2020 Second Quarter Results EAST GREENVILLE, Pa., July 13, 2020 (GLOBE NEWSWIRE) -- Knoll, Inc. (NYSE:KNL), a leading designer and manufacturer of furnishings and coverings for the workplace and home, today announced that it plans to report financial results for the second quarter of 2020 on Thursday, July 23, 2020, following the close of the market. In addition, Knoll, Inc. will host a Q&A conference call at 5:30 p.m. ET on Thursday, July 23, 2020 to respond to questions. To access the live Q&A call: North America (844) 778-4138 International (661) 378-9550 Q&A...
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