Latest News
JUN-18-2009
Ian R. Friendly Elected To Valspar Board Of Directors
The Valspar Corporation (NYSE:VAL) announced today that the Board of Directors elected Ian R. Friendly, 48, executive vice president; chief operating officer, U.S. Retail, General Mills, Inc. (NYSE:GIS), to the Board of Directors. Mr. Friendly has been appointed to serve on the board’s audit committee.
JUN-17-2009
Valspar Declares Dividend
The Valspar Corporation (NYSE:VAL) announced today that at its June 17, 2009 meeting, the Company’s Board of Directors declared a quarterly dividend of 15 cents per share, payable July 15, 2009 to all common stockholders of record on July 1, 2009.
JUN-17-2009
Valspar Announces Pricing of Debt Offering
The Valspar Corporation (NYSE: VAL) has announced that it has agreed to sell $300 million aggregate principal amount of 7.250% senior notes due June 15, 2019 pursuant to an effective shelf registration statement that previously was filed with the Securities and Exchange Commission. The company intends to use the net proceeds from this offering to repay a portion of its commercial paper borrowings and borrowings under its existing bank credit facilities.
MAY-18-2009
Valspar Reports Second-Quarter Results
Company Reaffirms FY 2009 Guidance
The Valspar Corporation (NYSE-VAL) today reported its results for the second-quarter ended May 1, 2009.