Howmet Aerospace Inc. shareholders approved Advisory vote on executive compensation at the 2026-05-19 meeting.
“Item 3. The advisory vote on executive compensation was approved, based upon the following votes: For Against Abstain Broker Non-Votes 243,199,451 99,027,657 376,895 22,308,137”
Shareholder Votes
Howmet Aerospace Inc. shareholders approved Ratify appointment of PricewaterhouseCoopers LLP as independent auditor for 2026 at the 2026-05-19 meeting.
“Item 2. The proposal to ratify the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for 2026 was approved, based upon the following votes: For Against Abstain Broker Non-Votes 342,356,156 22,372,401 183,583 0”
Shareholder Votes
Howmet Aerospace Inc. shareholders approved Election of nine director nominees at the 2026-05-19 meeting.
“Item 1. Each of the nine director nominees named in the 2026 Proxy Statement for election to the Company’s Board of Directors was elected for a one-year term expiring on the date of the Company’s 2027 annual meeting of shareholders, based upon the following votes: Nominees For Against Abstain Broker Non-Votes James F. Albaugh 325,838,316 16,610,826 154,861 22,308,137 Amy E. Alving 337,014,323 5,246,569 343,111 22,308,137 Sharon R. Barner 332,641,238 9,814,692 148,073 22,308,137 Joseph S. Cantie 341,328,735 1,116,810 158,458 22,308,137 Robert F. Leduc 341,231,086 1,213,560 159,357 22,308,137 Jody G. Miller 338,949,940 3,506,761 147,302 22,308,137 John C. Plant 327,527,896 14,909,493 166,614 22,308,137 Ulrich R. Schmidt 337,797,633 4,630,218 176,152 22,308,137 Gunner S. Smith 341,258,544 1,180,136 165,323 22,308,137”
Earnings Releases
Howmet Aerospace Inc. reported first quarter of 2026 results: revenue $2,313, EPS $1.44. Guidance raised.
“Stock Repurchases Full Year 2026 Guidance Increased Summary Financial Results First Quarter Dollars in Millions; Per share amounts in dollars, diluted 2026 2025 Change Revenue $2,313 $1,942 19% GAAP Metrics Operating Income $753 $494 52% Operating Income Margin 32.6% 25.4% 720 bps Earnings per Share (EPS) $1.44 $0.84 71% Cash from Operations $453 $253 79%”
M&A Transactions
Howmet Aerospace Inc. completed an acquisition involving Consolidated Aerospace Manufacturing, LLC, a wholly owned subsidiary of Stanley Black & Decker, Inc. for approximately $1.8 billion (closed 2026-04-06).
“On April 6, 2026, Howmet Aerospace Inc., a Delaware corporation (“Howmet Aerospace”), completed its previously announced purchase of Consolidated Aerospace Manufacturing, LLC (“Consolidated Aerospace Manufacturing”), a wholly owned subsidiary of Stanley Black & Decker, Inc., a Connecticut corporation (“Stanley Black & Decker”), for a cash purchase price of approximately $1.8 billion, subject to customary adjustments.”
David J. Miller resigned as Director at Howmet Aerospace Inc..
“On May 7, 2025, David J. Miller, a director of Howmet Aerospace Inc. (the “Company”), informed the Company’s Board of Directors (the “Board”) of his decision to resign from the Board, effective immediately.”
Earnings Releases
Howmet Aerospace Inc. reported first quarter of 2024 results: revenue $1.82 billion, net income $243 million, EPS $0.59. Guidance raised.
“Profit and Cash from Operations $150 Million Deployed for Common Stock Repurchases Full Year 2024 Guidance Increased First Quarter 2024 GAAP Financial Results · Revenue of $1.82 billion, up 14% year over year, driven by commercial aerospace, up 23% · Net income of $243 million versus $148 million in the first quarter 2023; earnings per share of $0.59 versus”
Earnings Releases
Howmet Aerospace Inc. reported Full Year 2023 results: revenue $6.6 billion, net income $766 million, EPS $1.84.
“end of quarter of $610 million, including impacts of debt redemption, common stock repurchases and $0.05 per share dividend on common stock Full Year 2023 Highlights Revenue of $6.6 billion, up 17% year over year, driven by commercial aerospace, up 24% year over year Net income of $765 million, or $1.83 per share, versus $469 million, or $1.11 per share, in the full”
Earnings Releases
Howmet Aerospace Inc. reported Fourth Quarter 2023 results: revenue $1.7 billion, net income $218 million, EPS $0.53.
“Revenue Growth of Approx. 7% and Improved Cash Generation PITTSBURGH--(BUSINESS WIRE)--February 13, 2024--Howmet Aerospace (NYSE:HWM): Fourth Quarter 2023 Highlights Revenue of $1.7 billion, up 14% year over year, driven by commercial aerospace, up 22% year over year Net income of $236 million versus $111 million in the fourth quarter 2022; earnings per share of”
Debt Financings
Howmet Aerospace Inc. incurred term loan of $200 million and ¥33 billion with Truist Bank (as administrative agent) on USD facility; Sumitomo Mitsui Banking Corporation (as administrative agent) on JPY facility at USD Credit Facility: base rate or Term SOFR plus adjustment, plus applicable mar maturing November 22, 2026.
“among the Company, a syndicate of lenders named therein, and Sumitomo Mitsui Banking Corporation, as administrative agent for the lenders. The USD Term Loan Agreement provides a $200 million senior unsecured delayed draw term loan facility (the “ USD Credit Facility ”) that matures on November 22, 2026, unless earlier terminated in accordance with the provisions of”
Earnings Releases
Howmet Aerospace Inc. reported third quarter of 2023 results: revenue $1.66 billion, net income $188 million, EPS $0.45. Guidance reaffirmed.
“2024 Preliminary Revenue Growth Guidance Approximately 7% PITTSBURGH--(BUSINESS WIRE)--November 2, 2023--Howmet Aerospace (NYSE:HWM): Third Quarter 2023 Highlights Revenue of $1.66 billion, up 16% year over year, driven by commercial aerospace, up 23% year over year Net income of $188 million versus $80 million in the third quarter 2022; earnings per share of $0.45”
Gunner Smith was appointed as Director at Howmet Aerospace Inc..
“appointed Gunner Smith as a director of the Company, each effective as of September 29, 2023.”
Earnings Releases
Howmet Aerospace Inc. reported Full Year 2023 results: revenue $6.440B, EPS $1.70. Guidance raised.
“and $0.04 per share dividend on common stock 2023 Guidance Q3 2023 Guidance FY 2023 Guidance Low Baseline High Low Baseline High Revenue $1.580B $1.590B $1.600B $6.400B $6.440B $6.470B Adj. EBITDA *1 $355M $360M $365M $1.435B $1.445B $1.455B Adj. EBITDA Margin *1 22.5% 22.6% 22.8% 22.4% 22.4% 22.5% Adj. Earnings per Share *1 $0.41 $0.42 $0.43 $1.69”
Earnings Releases
Howmet Aerospace Inc. reported the second quarter of 2023 results: revenue $1.65 billion, net income $193 million, EPS $0.46 per share. Guidance raised.
“Second Quarter 2023 Highlights Revenue of $1.65 billion, up 18% year over year, driven by commercial aerospace, up 23% year over year Net income of $193 million, or $0.46 per share, versus $147 million, or $0.35 per share, in the second quarter 2022”
Material Agreements
Howmet Aerospace Inc. entered into Second Amended and Restated Five-Year Revolving Credit Agreement with Citibank, N.A., as administrative agent, and JPMorgan Chase Bank, N.A., as syndication agent valued at $1 billion senior unsecured revolving credit facility (effective 2023-07-27).
“On July 27, 2023, Howmet Aerospace Inc. (“ Howmet Aerospace ” or the “ Company ”) entered into the Second Amended and Restated Five-Year Revolving Credit Agreement (the “ Credit Agreement ”) by and among the Company, a syndicate of lenders and issuers named therein, Citibank, N.A., as administrative agent for the lenders and issuers, and JPMorgan Chase Bank, N.A., as syndication agent.”
Shareholder Votes
Howmet Aerospace Inc. shareholders rejected Shareholder proposal regarding reducing the threshold to call special meetings at the 2023-05-17 meeting.
“Item 5. The shareholder proposal regarding reducing the threshold to call special meetings was not approved, based upon the following votes: For Against Abstain Broker Non-Votes 108,824,213 239,885,714 1,137,153 18,063,761”
Shareholder Votes
Howmet Aerospace Inc. shareholders approved Advisory vote on the frequency of the advisory vote on executive compensation at the 2023-05-17 meeting.
“Item 4. The advisory vote on the frequency of the advisory vote on executive compensation was approved as every one year, based upon the following votes: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 344,564,466 184,657 4,741,125 356,832 18,063,761”
Shareholder Votes
Howmet Aerospace Inc. shareholders approved Advisory vote on executive compensation at the 2023-05-17 meeting.
“Item 3. The advisory vote on executive compensation was approved, based upon the following votes: For Against Abstain Broker Non-Votes 341,107,672 8,299,713 439,695 18,063,761”
Shareholder Votes
Howmet Aerospace Inc. shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2023 at the 2023-05-17 meeting.
“Item 2. The proposal to ratify the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for 2023 was approved, based upon the following votes: For Against Abstain Broker Non-Votes 354,364,948 13,063,044 482,849 0”
Shareholder Votes
Howmet Aerospace Inc. shareholders approved Election of 9 director nominees named in the 2023 Proxy Statement for a one-year term at the 2023-05-17 meeting.
“Item 1. Each of the 9 director nominees named in the 2023 Proxy Statement for election to the Company’s Board of Directors was elected for a one-year term expiring on the date of the Company’s 2024 annual meeting of shareholders, based upon the following votes: Nominees For Against Abstain Broker Non-Votes James F. Albaugh 345,134,372 4,435,235 277,473 18,063,761 Amy E. Alving 344,598,226 4,989,994 258,860 18,063,761 Sharon R. Barner 346,590,581 2,987,804 268,695 18,063,761 Joseph S. Cantie 346,348,754 3,214,136 284,190 18,063,761 Robert F. Leduc 345,543,725 4,023,093 280,262 18,063,761 David J. Miller 348,361,767 1,186,172 299,141 18,063,761 Jody G. Miller 344,939,525 4,637,056 270,499 18,063,761 John C. Plant 333,803,374 15,737,246 306,460 18,063,761 Ulrich R. Schmidt 346,994,180 2,587,224 265,676 18,063,761”
Earnings Releases
Howmet Aerospace Inc. reported first quarter of 2023 results: revenue $1.60 billion, net income $148 million, EPS $0.35 per share. Guidance raised.
“First Quarter 2023 Highlights Revenue of $1.60 billion, up 21% year over year, driven by commercial aerospace, up 29% year over year Net income of $148 million, or $0.35 per share, versus $131 million, or $0.31 per share, in the first quarter 2022, up 13% year over year”
Nicole W. Piasecki departed as Director at Howmet Aerospace Inc..
“On March 17, 2023, Nicole W. Piasecki informed Howmet Aerospace Inc. (the “Company”) of her intention not to seek re-election as a member of the Board of Directors of the Company (the “Board”) at the Company’s 2023 Annual Meeting of Shareholders (the “2023 Annual Meeting”).”
Earnings Releases
Howmet Aerospace Inc. updated its the fourth quarter of 2022 and full year 2022 guidance (raised).
“On February 14, 2023, Howmet Aerospace Inc. issued a press release announcing its financial results for fourth quarter of 2022 and full year 2022.”
Earnings Releases
Howmet Aerospace Inc. reported third quarter 2022 results: revenue $1.43 billion, net income $80 million, EPS $0.19 per share.
“The Company reported third quarter 2022 revenues of $1.43 billion, up 12% year over year, primarily driven by growth in the commercial aerospace market of 23%. Howmet Aerospace reported net income of $80 million, or $0.19 per share, in the third quarter 2022”
Tolga I. Oal departed as Co-Chief Executive Officer at Howmet Aerospace Inc..
“Tolga I. Oal, the Company’s Co-Chief Executive Officer, is departing the Company to pursue other opportunities and is also stepping down from the Board, each effective as of October 14, 2021.”
John C. Plant changed role as Chief Executive Officer at Howmet Aerospace Inc..
“Mr. Plant is assuming the position of sole Chief Executive Officer of the Company and will continue in his role as Executive Chairman”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.