reports
Cabot Corporation Board of Directors Named 2025 Public Company Board o...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) today announced that its Board of Directors has been named 2025 “Public Company Board of the Year” by the National Association of Corporate Directors (NACD) New England Chapter. This award recognizes exceptional corporate leadership and governance of boards in New England. Cabot Chairman Michael Morrow and Cabot President and CEO Sean Keohane, will accept the award on behalf of the company at the NACD New England Chapter’s 17th annual celebration being held on April 28, 2025, at the Seaport Hotel in Boston. “We are honored that the National Associatio...
Cabot Corporation Receives CLEPA Innovation Award 2024 for REPLASBLAK®...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) has been named a recipient of the CLEPA Innovation Award 2024 as a Top Innovator in the Green category for its powered by EVOLVE® Sustainable Solutions. Organized by CLEPA, the European Association of Automotive Suppliers, the CLEPA Innovation Awards celebrates groundbreaking innovations that are driving the green and digital transition in Europe. Cabot’s new REPLASBLAK® reUN5285 and REPLASBLAK® reUN5290 solutions have been recognized for being the industry’s first-ever universal circular black masterbatches with International Sustainability & Carbon Cer...
Cabot Corporation Highlights Growth Strategy and 3-Year Financial Targ...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) today hosts its 2024 Investor Day in Boston, MA. Sean Keohane, President and Chief Executive Officer, and other members of Cabot’s executive management team, will provide an in-depth review of the Company’s strategic vision and financial targets for the next three years. The live event will begin at 9:30 AM EST and will be webcast live. Creating for Tomorrow Strategy Cabot’s “Creating for Tomorrow” strategy, originally introduced at the Company’s 2021 Investor Day, is underpinned by its purpose to create materials that improve daily life and enable a ...
Cabot Corp Board Increases Share Repurchase Authorization by 10 Millio...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) Board of Directors authorized the Company to repurchase up to ten million additional shares of the Company’s common stock, increasing the current amount of shares available for repurchase to approximately eleven million. “Our ‘Creating for Tomorrow’ strategy is underpinned by a balanced capital allocation framework of investing for advantaged growth and returning cash to shareholders through a combination of dividends and share repurchases. The Board’s actions confirm our commitment to this strategy,” said Sean Keohane, president and chief executive off...
Cabot Corp: 3 directors
Three Directors at Cabot Corp sold/sold after exercising options/gave away 51,244 shares at between 0.000USD and 115.227USD. The significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by ...
Cabot Corporation Board Declares Dividend
BOSTON--(BUSINESS WIRE)-- On Friday, November 8, 2024, the Board of Directors of (NYSE: CBT) declared a quarterly dividend of $0.43 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on December 13, 2024, to stockholders of record at the close of business on November 29, 2024. About Cabot Corporation Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of , , , , , , and . For more information on Cabot, please visit the company’s w...
Cabot Corp Reports Fourth Quarter and Fiscal Year 2024 Results
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) today announced results for its fourth quarter and fiscal year 2024. Fiscal Year Highlights Fiscal year Diluted EPS of $6.72 and Adjusted EPS of $7.06, which represents a 31% increase in Adjusted EPS year over year, driven by EBIT growth in both segments Fiscal year segment EBIT increased 11% in Reinforcement Materials and 31% in Performance Chemicals year-over-year Fiscal year 2024 Cash Flows from Operations of $692 million enabled capital investments of $241 million and the payment of $93 million in dividends and $172 million in share repurchases...
Cabot Corporation to Host 2024 Investor Day
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) announced today that it will host an Investor Day for institutional investors and financial analysts on Wednesday, December 4, 2024, at 9:00 a.m. Eastern Time. Sean D. Keohane, President and CEO, and members of the executive management team will provide insights into the Company’s strategy, key growth initiatives, sustainability leadership, and the next set of long-term financial targets strategies. The event will take place at The Westin Boston Seaport District in Boston, Massachusetts and will also be available virtually. To register for in-person or v...
Cabot Corporation to Announce Fourth Quarter 2024 Operating Results
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) announced today that it will release operating results for the fourth quarter of fiscal 2024 on Monday, November 4, 2024, after market close. The Company will host a conference call and live webcast to review the fourth quarter results beginning at 8:00 am (ET) on Tuesday, November 5, 2024. The call will be webcast by Notified and may be accessed at Cabot’s website at . If you are unable to participate during the live webcast, the call and accompanying slide presentation will be archived on the Company’s website at . ABOUT CABOT CORPORATION Cabot Corpo...
Cabot Corporation Selected for Award Negotiation for $50 Million from ...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT), a global specialty chemicals and performance materials company, announced it has been selected for an award negotiation of up to $50 million by the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains. This grant, part of the Bipartisan Infrastructure Law, will support Cabot’s development of a new U.S.-based manufacturing facility to produce battery-grade carbon nanotubes (CNTs) and conductive additive dispersions at commercial scale. These materials are critical to the domestic lithium-ion battery supply chain for electric ...
Cabot Corp Reports Third Quarter Fiscal 2024 Results
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) today announced results for its third quarter of fiscal year 2024. Key Highlights Diluted EPS of $1.94 and Adjusted EPS of $1.92, which represents a 35% increase in Adjusted EPS as compared to the same quarter in the prior year Reinforcement Materials segment EBIT of $136 million; up 3% year-over-year Performance Chemicals segment EBIT of $55 million; up 72% compared to the same quarter in the prior year Cash Flows from Operations of $207 million in the third fiscal quarter supported the return of $73 million of cash to shareholders in th...
Cabot Corporation to Announce Third Quarter 2024 Operating Results
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) announced today that it will release operating results for the third quarter of fiscal 2024 on Monday, August 5, 2024, after market close. The Company will host a conference call and live webcast to review the third quarter results beginning at 8:00 am (ET) on Tuesday, August 6, 2024. The call will be webcast by Notified and may be accessed at Cabot’s website at . If you are unable to participate during the live webcast, the call and accompanying slide presentation will be archived on the Company’s website at . ABOUT CABOT CORPORATION Cabot Corporat...
Cabot Corporation Announces Election of Thierry Vanlancker to Board of...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) announced today that Thierry Vanlancker has been elected to its , effective July 12, 2024. He was also appointed a member of the Audit Committee of the Board of Directors, effective July 12, 2024. Prior to his retirement, Mr. Vanlancker was Chief Executive Officer and a Director of AkzoNobel NV, a multinational paints and coatings company, from 2017 to 2022. Prior to joining AkzoNobel, Mr. Vanlancker was President of Fluoroproducts and the EMEA region at The Chemours Company, a global provider of performance chemicals, from 2015 to 2016, and from 1988 to ...
Cabot Corporation Board Declares Dividend
BOSTON--(BUSINESS WIRE)-- On Friday, July 12, 2024, the Board of Directors of (NYSE: CBT) declared a quarterly dividend of $0.43 per share on all outstanding shares of the Corporation’s common stock. The dividend is payable on September 13, 2024, to stockholders of record at the close of business on August 30, 2024. About Cabot Corporation Cabot Corporation (NYSE: CBT) is a global specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company is a leading provider of , , , , , , and . For more information on Cabot, please visit the company’s web...
Cabot Corporation Commended by the International Carbon Black Associat...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) today announced that 19 of its 20 carbon black manufacturing sites have been recognized by the (ICBA) Safety Performance Recognition Program. Across the company’s global network, 18 of its carbon black facilities received the gold award, the highest recognition available, and one received the bronze award for their outstanding safety performance in 2023. For the industry overall, a total of 35 ICBA member manufacturing facilities were recognized for above average safety performance, with Cabot achieving over half of all awards granted as well as the high...
Cabot Corporation Details Sustainability Performance in 2024 Sustainab...
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) today published its , which details the progress it has achieved on advancing its sustainability objectives. The report outlines Cabot’s 2023 performance toward meeting its and opportunities to further enable a more sustainable world. This report was developed in accordance with the Global Reporting Initiative (GRI) Standards and provides information in support of Cabot's participation in the United Nations Global Compact (UNCG). “At Cabot, sustainability is central to our purpose of creating materials that improve daily life and enable a more sustaina...
Cabot Corporation Achieves Operation Clean Sweep® Europe Certification
BOSTON--(BUSINESS WIRE)-- (NYSE: CBT) today announced it has attained Operation Clean Sweep® (OCS) Europe certification at its two masterbatch and compounding facilities in Pepinster and Loncin, Belgium. The company is one of the first black masterbatch manufacturers in Europe to earn this third-party certification. Achieving at these facilities is a testament to the company’s unwavering commitment to acting responsibly for the planet by implementing responsible management practices that reduce plastic waste in the environment. “As a leading global black masterbatch manufacturer, we unders...
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