Operations

The door manufacturer and distributor says it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC.

The Covington, Louisiana-based company says its board of directors declared a quarterly cash dividend of $0.80 per share.

Operations

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Lawson 4Q Sales Rise 4%

The MRO distributor says net sales increased to $102.1 million compared to $98.1 million for the fourth quarter of 2020.

The company also reported 2021 fourth-quarter net earnings of $1.2 billion and diluted earnings per share of $1.78.

The world’s largest home improvement retailer also reported 2021 year-end sales of more than $151 billion, a 14.4% increase.

The manufacturer and distributor of interior and exterior doors says annual sales were 15% above 2020, while 4Q sales rose 2.8%.

The Connecticut-based industrial and aerospace manufacturer and service provider reported 2021 fourth-quarter sales of $311 million.

The Phoenix-based company’s board of directors recently approved a regular quarterly cash dividend of $0.26 per share.

The Michigan-based manufacturer of engineered and applied products declared a quarterly cash dividend of $0.04 per share.