secwatch.observer — SEC 8-K summary
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Issuer:     Howmet Aerospace Inc. (HWM)
CIK:        0000004281
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001157523-22-001429
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Howmet Aerospace Q3 2022 revenue up 12% YoY to $1.43B; doubles common dividend to $0.04/share
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- Net income $80M ($0.19/share) vs. $27M ($0.06/share) in Q3 2021; adjusted EPS $0.36, up 33% YoY.
- Commercial aerospace revenue grew 23% YoY; total segment highlights: Engine Products +14%, Fastening Systems +15%.
- Adjusted EBITDA of $323M (+11% YoY); margin 22.5% excluding special items; 2023 preliminary revenue growth ~10%.
- Repurchased ~2.8M shares ($100M) in Q3; YTD repurchases ~9.7M shares ($335M); $1.012B remaining authorization.
- Quarterly common dividend doubled to $0.04/share, payable Nov 25, 2022 to holders of record Nov 4, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/4281/000115752322001429/0001157523-22-001429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/4281/000115752322001429/a52955564.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001429

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