ENERPAC TOOL GROUP overview

Enerpac Tool Group Corp. (NYSE: EPAC) announced today that its Board of Directors has declared a cash dividend on its Class A common stock. The annual dividend of $0.04 per common share will be payable on October 18, 2023 to shareholders of record at the close of business on October 6, 2023. About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers in more than 100 countries. The...

Enerpac Tool Group Corp. (NYSE:EPAC) (“Enerpac” or the “Company”) announced today that it has completed a sale of its Cortland Industrial, LLC business to Tufropes, a global leader in the manufacturing of high-performance synthetic fiber ropes and netting solutions. Enerpac intends to use net proceeds from this sale to pay down existing debt and support further strategic investments in growth and profitability. As a part of the purchase agreement, the Company will provide certain...

Enerpac Tool Group Corp. (NYSE: EPAC) (the “Company” or “Enerpac”) today announced results for its fiscal third quarter ended May 31, 2023. “We delivered solid performance in the third quarter, driven by the focused execution of our global team. Once again, we saw year-over-year core growth in three out of four regions, highlighted by double digit core growth in Europe and Asia Pacific. For the second consecutive quarter, we achieved record gross profit margins and adjusted EBITDA...

Enerpac Tool Group Corp. (NYSE: EPAC) will announce its fiscal 2023 third quarter results on Wednesday, June 21, 2023. A news release outlining the financial results will be distributed after the market closes on Wednesday, June 21, 2023. Management will conduct a conference call beginning at 7:30 a.m. CT / 8:30 a.m. ET on Wednesday, June 22, 2023, to discuss the results and respond to questions. The call can be accessed live through the company’s website at https://www.enerpactoolgroup.com...

Enerpac Tool Group Corp. (NYSE:EPAC) announced today that the Board of Directors is expanding the size of the Board from nine to ten directors and has elected Colleen Healy to its Board effective today. Ms. Healy is a seasoned finance executive with 30 years of experience across a diverse set of industries. She most recently served as Chief Financial Officer and Principal Accounting Officer at SailPoint Technologies Holdings, Inc. Prior to SailPoint, Ms. Healy served as Chief Financial Officer...

Enerpac Tool Group Corp. (NYSE: EPAC) (the “Company”) today announced that Paul Sternlieb, CEO and Tony Colucci, CFO are scheduled to hold a general session and host meetings with institutional investors in Boston on Wednesday, May 31 st , at the KeyBanc Industrials & Basic Materials Conference. About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools, services, technology and solutions provider serving a broad and diverse set of customers in more than 100 countries....

Enerpac Tool Group Corp. (NYSE:EPAC) (“Enerpac” or the “Company”) announced today that Travis Williams has joined the Company as Director of Investor Relations, effective April 17. In this role Mr. Williams will be responsible for leading the Company’s investor relations strategy and enhancing its communication with the investment community. He will report directly to EVP & Chief Financial Officer Anthony Colucci. Mr. Williams replaces Bobbi Belstner, who will depart the Company July 1...

Enerpac Tool Group Corp. (NYSE: EPAC) (the “Company”) today announced results for its fiscal second quarter ended February 28, 2023. “Thanks to solid execution by our global team, we delivered strong and encouraging performance in the second quarter. While the second quarter is typically our seasonally weakest quarter, we saw year-over-year core growth in three out of four regions and we achieved record gross profit margins and adjusted EBITDA margins since the launch of Enerpac Tool Group...