Quanex Building Products Declares Quarterly Dividend and Announces Planned Chairmanship Transition
HOUSTON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.08 per share on the Company’s common stock, payable December 29, 2023, to shareholders of record on December 19, 2023.
- HOUSTON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced that its Board of Directors (the “Board”) declared a quarterly cash dividend of $0.08 per share on the Company’s common stock, payable December 29, 2023, to shareholders of record on December 19, 2023.
- In addition, Quanex announced that the Board has determined that George L. Wilson, the Company’s President and Chief Executive Officer, will also become Quanex’s Chairman of the Board, effective February 27, 2024.
- Mr. Wilson will replace current Chairman William C. Griffiths, who will be retiring from the Board as of the Company’s next Annual Meeting of Shareholders, in accordance with the Quanex Corporate Governance Guidelines.
- Mr. Wilson’s appointment is subject to his re-election to the Board at the annual meeting.