Quanex Building Products Declares Quarterly Dividend and Announces Planned Chairmanship Transition

Written by Customer Service on . Posted in Dividend Reports And Estimates.

HOUSTON, Dec. 13, 2023 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.08 per share on the Company’s common stock, payable December 29, 2023, to shareholders of record on December 19, 2023.

In addition, Quanex announced that the Board has determined that George L. Wilson, the Company’s President and Chief Executive Officer, will also become Quanex’s Chairman of the Board, effective February 27, 2024. Mr. Wilson will replace current Chairman William C. Griffiths, who will be retiring from the Board as of the Company’s next Annual Meeting of Shareholders, in accordance with the Quanex Corporate Governance Guidelines. Mr. Wilson’s appointment is subject to his re-election to the Board at the annual meeting.

About Quanex

Quanex is a global manufacturer with core capabilities and broad applications across various end markets. The Company currently collaborates and partners with leading OEMs to provide innovative solutions in the window, door, vinyl fencing, solar, refrigeration, custom mixing and cabinetry markets.  Looking ahead, Quanex plans to leverage its material science expertise and process engineering to expand into adjacent markets.

Contact:

Scott Zuehlke
SVP, Chief Financial Officer & Treasurer
713-877-5327
scott.zuehlke@quanex.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.