2019 News Archive


A. O. Smith reports third quarter earnings of $0.53 per share

10/29/2019

Global water technology company A. O. Smith Corporation (NYSE: AOS) today announced third quarter net earnings of $87.3 million or $0.53 per share on third quarter sales of $728.2 million.

A. O. Smith increases quarterly dividend rate to $.24 per share

10/10/2019

Directors of A. O. Smith Corporation (NYSE:AOS) today approved a 9 percent increase in the company’s quarterly cash dividend to $.24 per share. The dividend increase affects the company’s Common Stock and Class A Common Stock.

A. O. Smith to Hold Third Quarter Conference Call on October 29

10/3/2019

A. O. Smith Corporation (NYSE: AOS) will release its third quarter 2019 financial results before the market opens on Tuesday, October 29 and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).

The Water Council and A. O. Smith open applications for freshwater accelerator

9/23/2019

Water Council Logo The Water Council and A. O. Smith Corporation today announced the next round of the BREW Accelerator and BREW Corporate Accelerator powered by A. O. Smith Corporation.

The Water Council Announces Kickoff of Second Tech Challenge Competition

9/16/2019

Water Council Logo The Water Council and its corporate partners today announced the second Tech Challenge, a global competition designed to identify cutting-edge freshwater technologies and ideas with high potential for commercialization or implementation.

A. O. Smith Foundation awards two dozen merit scholarships

8/22/2019

AOS Foundation logo In an effort to encourage and celebrate scholastic achievement, the A. O. Smith Foundation today announced the awards of 24 global merit scholarships to employees’ children pursuing higher education.

A. O. Smith reports second quarter earnings of $0.61 per share

7/30/2019

Global water technology company A. O. Smith Corporation (NYSE: AOS) today announced second quarter net earnings of $102.1 million or $0.61 per share on second quarter sales of $765.4 million.

A. O. Smith declares quarterly dividend

7/10/2019

AOS NYSE Logo Directors of A. O. Smith Corporation today declared a regular quarterly cash dividend of $.22 per share on the company’s Common Stock and Class A Common Stock.

A. O. Smith Corporation to hold second quarter conference call on July 30

7/5/2019

AOS NYSE Logo Milwaukee, Wis.— A. O. Smith Corporation will release its second quarter 2019 financial results before the market opens on Tuesday, July 30 and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).

The Water Council's BREW Accelerator winners pitch ideas to corporate and community partners

6/25/2019

Water Council Logo The Water Council’s BREW Accelerator winners unveiled their innovative freshwater technologies to water industry leaders, investors, community and corporate partners at the annual BREW Demo Day.

The A. O. Smith Foundation Issues 2018 Community Impact Report

6/11/2019

Global water technology company A. O. Smith Corporation (NYSE-AOS) today announced the release of the 2018 A. O. Smith Foundation Community Impact Report. The document details the many ways that the A. O. Smith Foundation is making communities better places to live and work.

A. O. Smith Increases 2019 Share Repurchase Program by 50 Percent to $300 Million

6/3/2019

On June 2, 2019, the Board of Directors of A. O. Smith Corporation (NYSE-AOS) approved adding 3,000,000 shares of common stock to an existing discretionary share repurchase authority. Including the additional shares, the Company has 7,550,753 shares remaining on the board share repurchase authority. The Company increased the amount of its 2019 planned Rule 10b5-1 automatic trading plan and opportunistic share repurchase program from its previously stated $200 million to $300 million, depending on factors such as stock price, working capital requirements and alternative investment opportunities.

A. O. Smith Sets the Record Straight on J Capital Research Report

5/17/2019

AO Smith Logo 120 x 240 Global water technology company A. O. Smith Corporation (NYSE-AOS) today issued the following statement in response to a report issued on May 16, 2019 by self-proclaimed short seller J Capital Research:

A. O. Smith reports first quarter earnings of $0.53 per share

4/30/2019

AOS NYSE Logo Milwaukee, Wis.— Global water technology company A. O. Smith Corporation (NYSE-AOS) today announced first quarter net earnings of $89.3 million or $0.53 per share on first quarter sales of $748.2 million.

A. O. Smith in Milwaukee Named a 2019 Top Workplace by the Milwaukee Journal Sentinel

4/12/2019

Top Workplace Logo A. O. Smith in Milwaukee today announced that it has been named a 2019 Top Workplace by the Milwaukee Journal Sentinel. The award was based solely on employee feedback gathered from a third-party study conducted last fall.

A. O. Smith announces acquisition of water treatment solutions provider Water-Right, Inc.

4/8/2019

Water Right Logo Thumbnail Milwaukee, Wis.— Water technology company A. O. Smith Corporation (NYSE-AOS) today announced that it has acquired Water-Right, Inc., a Wisconsin-based water treatment company, for $107 million in cash, subject to customary adjustments. The acquisition includes all Water-Right subsidiaries, real estate, and sister company Mineral-Right, Inc.

A. O. Smith declares quarterly dividend

4/8/2019

AOS NYSE Logo Milwaukee, Wis.— Directors of A. O. Smith Corporation (NYSE:AOS) today declared a regular quarterly cash dividend of $.22 per share on the company’s Common Stock and Class A Common Stock.

A. O. Smith to hold first quarter conference call on April 30

4/2/2019

AOS NYSE Logo Milwaukee, Wis.— A. O. Smith Corporation (NYSE:AOS) will release its first quarter 2019 financial results before the market opens on Tuesday, April 30 and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).

A. O. Smith and The Water Council announce BREW Corporate freshwater technology challenge winner

3/20/2019

BREW Corp Logo thumbnail Milwaukee, Wis.— A. O. Smith Corporation and The Water Council (TWC) today announced WATERSURPLUS as the 2019 winner of the BREW Corporate Accelerator: Powered by A. O. Smith challenge. The BREW Accelerator program is designed to help support entrepreneurs and startups that are developing innovative freshwater technologies.

A. O. Smith achieves record sales and net earnings in 2018

1/29/2019

AOS NYSE Logo Milwaukee, Wis.— Water technology company A. O. Smith Corporation (NYSE-AOS) today announced record sales of $3.2 billion and record net earnings of $444.2 million in 2018, or $2.58 per share.

A. O. Smith declares quarterly dividend

1/16/2019

AOS NYSE Logo Milwaukee, Wis.— Directors of A. O. Smith Corporation (NYSE:AOS) today declared a regular quarterly cash dividend of $.22 per share on the company’s Common Stock and Class A Common Stock.

A. O. Smith announces retirement of John J. Kita and appointment of Charles T. Lauber as Chief Financial Officer

1/14/2019

AO Smith Logo 120 x 240 Milwaukee, Wis. – A. O. Smith Corporation (NYSE:AOS), one of the world’s leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment and air purification products, today announced the retirement of John J. Kita and the appointment of Charles T. Lauber as Chief Financial Officer, effective May 1, 2019.

A. O. Smith to hold fourth quarter conference call on January 29

1/4/2019

AOS NYSE Logo Milwaukee, Wis.— A. O. Smith Corporation (NYSE:AOS) will release its fourth quarter 2018 financial results before the market opens on Tuesday, Jan. 29 and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Standard Time).