Financial Releases


 

A.O. Smith Corporation Declares Dividend

10/06/1998
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MILWAUKEE, Oct. 6 -- Directors of A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today declared a regular quarterly cash dividend of $.12 per share on Common Stock and Class A Common Stock payable November 16, 1998 to shareholders of record October 30, 1998.

A.O. Smith Names Two New Directors

08/11/1998
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MILWAUKEE, Aug. 11 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today named William F. Buehler and Robert N. Pokelwaldt to its Board of Directors. Buehler, 58, is executive vice president-business operations with Xerox Corporation of Stamford, Conn., a position he has held since 1997. In this assignment, he is responsible for ...

A.O. Smith Second Quarter Earnings Per Share Increase 28 Percent to $.78 Per Share

07/15/1998
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MILWAUKEE, July 15 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMC) today announced second quarter 1998 earnings per share of $.78, a 28 percent increase over 1997 second quarter earnings of $.61 per share. The company reported earnings from continuing operations of $12.6 million, an eight percent increase over 1997 second quarter earnings of ...

A.O. Smith Completes Purchase of GE Compressor Motor Business

07/02/1998
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MILWAUKEE, July 2 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMC) today completed the acquisition of General Electric Company's (NYSE: GE) domestic compressor motor business from the GE Industrial Controls Systems Division for $120 million. GE's compressor motor operations, based in Scottsville, Ky., includes a 250,000 square foot...

A.O. Smith Announces Three for Two Stock Split; Increases Quarterly Dividend Six Percent

06/09/1998
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MILWAUKEE, June 9 -- The A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) Board of Directors today approved a plan to split the company's stock 3-for-2 in the form of a 50 percent stock dividend payable to holders of Common Stock and Class A Common Stock. Shareholders will receive one additional share of stock for every two shares ow...

A.O. Smith to Acquire GE Compressor Motor Business

05/13/1998
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MILWAUKEE, May 13 -- A.O. Smith Corporation (NYSE: AOS; Amex: SMCA) today announced it has reached a definitive agreement with the Industrial Controls Systems Business of General Electric Company (NYSE: GE) to acquire GE's domestic compressor motor business. Terms of the acquisition were not announced. The sale remains subject to ...

A.O. Smith First Quarter Earnings Per Share Increase 82% to $.62 Per Share

04/15/1998
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MILWAUKEE, April 15 -- A.O. Smith Corporation (NYSE: AOS) today announced first quarter 1998 continuing earnings of $10.2 million or $.62 per share (diluted), a significant increase over first quarter 1997 continuing earnings of $7.1 million or $.34 per share (diluted). First quarter sales of $223 million were $27 million or approxi...

Hempel Elected to A.O. Smith Board of Directors

04/09/1998
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MILWAUKEE, April 9 -- Kathleen J. Hempel, the former vice chairman and chief financial officer of Fort Howard Corporation, has been elected to the Board of Directors of A.O. Smith Corporation (NYSE: AOS). Hempel served as Fort Howard's vice chairman and chief financial officer for 10 years until its 1997 merger with James River Corp...

A.O. Smith Declares Dividend

04/09/1998
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MILWAUKEE, April 9 -- Directors of A.0. Smith Corporation (NYSE: AOS; Amex: SMCA) today declared a regular quarterly cash dividend of $.17 per share on Common Stock and Class A Common Stock payable May 15, 1998 to shareholders of record April 30, 1998.

A.O. Smith 1997 Earnings Increase 68% to $2.00 Per Share

01/19/1998
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MILWAUKEE, Wis., Jan. 19 -- A.O. Smith Corporation (NYSE: AOS) today announced 1997 earnings increased 49 percent to $37.6 million, compared with 1996 earnings of $25.2 million. Earnings per share of $2.00 (diluted) were 68 percent higher than the $1.19 per share earned in 1996, underscoring the additional benefit of the company's ...

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