Quaker Houghton (NYSE: KWR) is the global leader in industrial process fluids. We continually improve and innovate so our customers can stay ahead in a changing world. Quaker Houghton draws on specialized process expertise and over a century of experience to offer a unique “customer intimacy” business model.
Operating in over 25 countries to support more than 15,000 customers, Quaker Houghton’s leadership is rich with deep industry expertise. Through the combination, the Company has approximately doubled its annual sales and adjusted EBITDA, not including estimated synergies which we currently estimate to be $60 million once fully achieved by the second year after close. The Company is also working towards significant cross-selling opportunities as a result of the combination, as it will offer an expanded product portfolio and R&D capabilities to meet customer needs.
Quaker Houghton’s priorities for its strong cash flow are to reduce its combination-related debt, pay dividends to its shareholders, and continue to seek future acquisitions. Quaker Houghton will also continue to deepen its commitment to creating a positive social, environmental and economic impact on our world and those we touch. As always, our goal is to create value for our customers, our shareholders, our colleagues and our communities.
Quaker Houghton’s stock ticker symbol on the New York Stock Exchange is KWR, which is the same stock ticker symbol previously used by Quaker Chemical Corporation before the combination with Houghton. Quaker Houghton’s CUSIP number is 747316107.
No. There is no need for any change to your stock certificate. Should you still possess an original Quaker Chemical stock certificate, it is still valid and should be retained in a safe place.
Effective August 1, 2019, Quaker Houghton has approximately 17.6 million shares outstanding. On the day prior to combining with Houghton, Quaker Chemical had approximately 13.3 million shares outstanding.
The share count increased because the Company issued shares to partly fund the transaction between Quaker Chemical Corporation and the Hinduja group for the acquisition of Houghton International Inc.
The individual market value of your shares is still calculated by multiplying the current stock price by the number of shares you own.
The current dividend rate is $0.385 per share. Dividends are paid quarterly in January, April, July and October.
Yes. An investor teleconference is scheduled the day after quarterly earnings are released. A press release is issued quarterly announcing the earnings schedule and investor teleconference. See "Investor Events" on our website.
Quaker's independent accountants are PricewaterhouseCoopers LLP.
The Company has a Dividend Reinvestment and Stock Purchase Plan (“DRIP”) that offers existing shareholders a convenient way to purchase additional shares of Quaker Houghton Common Stock. For further information, contact our transfer agent, American Stock Transfer & Trust Company, at 1-877-724-6458.
On May 6, 2015, Quaker's Board of Directors authorized a new share repurchase program to repurchase up to $100 million of its common stock.
Quaker Houghton’s transfer agent is American Stock Transfer & Trust Company, LLC.
Registered shareholders may contact our transfer agent directly at 1-800-937-5449 or in writing at American Stock Transfer & Company, LLC, Operations Center, 6201 15th Avenue, Brooklyn, NY 11219. For more information, see American Stock Transfer’s website, at www.astfinancial.com.
If your shares are held for you by a bank or brokerage firm, be sure to notify your bank or brokerage firm of a name or address change, or if you need a proxy statement or annual report.
Contact, Victoria K. Gehris, via e-mail at firstname.lastname@example.org, or write to Quaker Houghton Investor Relations, One Quaker Park, 901 E. Hector Street, Conshohocken, PA 19428-2380 USA.