KEMET Corporation

KEMET Announces Date for Fiscal Fourth Quarter and Fiscal Year 2020 Financial Results

Retrieved on: 
Monday, May 4, 2020
Conference call, Kemet, Dial, KEMET Corporation, Electronics

FORT LAUDERDALE, Fla., May 04, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (NYSE: KEM) announced today that on Thursday, May 14, 2020, the Company will release its financial results for the fourth quarter and fiscal year ended March 31, 2020 and will hold a conference call to discuss the earnings release at 9:00 AM (EDT) on that date.

Key Points: 
  • FORT LAUDERDALE, Fla., May 04, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (NYSE: KEM) announced today that on Thursday, May 14, 2020, the Company will release its financial results for the fourth quarter and fiscal year ended March 31, 2020 and will hold a conference call to discuss the earnings release at 9:00 AM (EDT) on that date.
  • To access the call via telephone, participants in the United States should dial 1-800-416-8033, and participants outside the United States should dial 1-706-643-0979.
  • Participants can view a corresponding presentation from the KEMET website at www.kemet.com by clicking on the conference call link in the Investor Relations section of the website.
  • A replay of the conference call will be available until midnight, May 28, 2020, through the same link.

KEMET Provides Regulatory Update for Pending Acquisition by Yageo Corporation

Retrieved on: 
Wednesday, April 29, 2020
Kemet, KEMET Corporation, Yageo, State Administration for Market Regulation, Companies, Industries

FORT LAUDERDALE, Fla., April 29, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET) (NYSE: KEM) today announced that, in connection with the pending acquisition of KEMET by Yageo Corporation (Yageo) (TAIEX: 2327), the parties received a notice from the Anti-Monopoly Bureau of the State Administration for Market Regulation in China (SAMR) of its unconditional approval of the pending acquisition of KEMET by Yageo under the Anti-Monopoly Law of China.

Key Points: 
  • FORT LAUDERDALE, Fla., April 29, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET) (NYSE: KEM) today announced that, in connection with the pending acquisition of KEMET by Yageo Corporation (Yageo) (TAIEX: 2327), the parties received a notice from the Anti-Monopoly Bureau of the State Administration for Market Regulation in China (SAMR) of its unconditional approval of the pending acquisition of KEMET by Yageo under the Anti-Monopoly Law of China.
  • The remaining required regulatory approval to consummate the transaction is approval from the Investment Commission, Ministry of Economic Affairs in Taiwan.
  • At the Investor Relations section of our web site at http://www.KEMET.com/IR, users may subscribe to KEMET news releases and find additional information about our Company.
  • KEMET undertakes no obligation to update publicly any of these forward- looking statements to reflect new information, future events or otherwise.

KEMET Introduces Metal Composite Power Inductors for Automotive Applications

Retrieved on: 
Monday, March 16, 2020
Electromagnetism, Electrical engineering, KEMET Corporation, Simpsonville, South Carolina, Inductor, Electric power conversion, Power supplies, Switched-mode power supply, Electronic component

FORT LAUDERDALE, Fla., March 16, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation(KEMET or the Company) (NYSE: KEM) a leading global supplier of electronic components, has launched a new family of metal composite power inductors to address the stringent demands of the automotive market.

Key Points: 
  • FORT LAUDERDALE, Fla., March 16, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation(KEMET or the Company) (NYSE: KEM) a leading global supplier of electronic components, has launched a new family of metal composite power inductors to address the stringent demands of the automotive market.
  • The new power inductors provide efficient power conversion while minimizing Electromagnetic Interference (EMI) and are ideal for use in DC to DC switching power supplies for the growing number of Electronic Control Units (ECUs) found in automotive systems.
  • The MPXV series inductors metal composite core has class-leading high permeability to meet these requirements.
  • To learn more about the companys metal composite power inductors visit www.kemet.com/metcom .

KEMET Stockholders Approve Proposed Acquisition by Yageo

Retrieved on: 
Thursday, February 20, 2020
KEMET Corporation, Simpsonville, South Carolina, Kemet, Yageo, Companies, Industries

FORT LAUDERDALE, Fla., Feb. 20, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET) (NYSE: KEM) today announced that its stockholders have voted to approve the proposed acquisition by Yageo Corporation (Yageo) (TAIEX: 2327).

Key Points: 
  • FORT LAUDERDALE, Fla., Feb. 20, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET) (NYSE: KEM) today announced that its stockholders have voted to approve the proposed acquisition by Yageo Corporation (Yageo) (TAIEX: 2327).
  • Frank G. Brandenberg, Chairman of the KEMET Board of Directors, said, On behalf of the KEMET Board of Directors, I would like to thank our stockholders for their support of this transaction.
  • Under the terms of the merger agreement, which was announced in November 2019, upon consummation of the transaction, KEMET stockholders will be entitled to receive $27.20 in cash for each share of KEMET common stock they own.
  • This communication includes forward-looking statements relating to the proposed merger between KEMET and Yageo, including financial estimates and statements as to the expected timing, completion and effects of the proposed merger.

Leading Independent Proxy Advisory Firm ISS Recommends KEMET Stockholders Vote “FOR” Proposed Merger with Yageo

Retrieved on: 
Monday, February 10, 2020
Companies, Economy, Business, Kemet, Yageo, KEMET Corporation, Corporate law, Institutional Shareholder Services, Board of directors

FORT LAUDERDALE, Fla., Feb. 10, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET) (NYSE: KEM) today announced that leading proxy advisory firm Institutional Shareholder Services (ISS) recommends that stockholders vote FOR the proposed all-cash acquisition of KEMET by Yageo Corporation (Yageo) (TAIEX: 2327).

Key Points: 
  • FORT LAUDERDALE, Fla., Feb. 10, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (KEMET) (NYSE: KEM) today announced that leading proxy advisory firm Institutional Shareholder Services (ISS) recommends that stockholders vote FOR the proposed all-cash acquisition of KEMET by Yageo Corporation (Yageo) (TAIEX: 2327).
  • Frank G. Brandenberg, Chairman of the KEMET Board of Directors, said, We are pleased that ISS recognizes the strategic and financial benefits of the proposed combination with Yageo and supports our Boards recommendation that stockholders vote FOR the merger.
  • We encourage all KEMET stockholders to follow the recommendations of ISS and the KEMET Board of Directors by voting FOR the transaction.
  • This communication includes forward-looking statements relating to the proposed merger between KEMET and Yageo, including financial estimates and statements as to the expected timing, completion and effects of the proposed merger.

KEMET Announces Date for December 2019 Quarter Earnings Release

Retrieved on: 
Monday, January 27, 2020
Conference call, KEMET Corporation, Kemet, Press release, Dial

FORT LAUDERDALE, Fla., Jan. 27, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (NYSE: KEM) announced today that on Thursday, February 6, 2020, the Company will release its financial results for the third quarter ended December 31, 2019 and will hold a conference call to discuss the earnings release at 9:00 AM (EST) on that date.

Key Points: 
  • FORT LAUDERDALE, Fla., Jan. 27, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (NYSE: KEM) announced today that on Thursday, February 6, 2020, the Company will release its financial results for the third quarter ended December 31, 2019 and will hold a conference call to discuss the earnings release at 9:00 AM (EST) on that date.
  • To access the call via telephone, participants in the United States should dial 1-800-416-8033, and participants outside the United States should dial 1-706-643-0979.
  • Participants can view a corresponding presentation from the KEMET website at www.kemet.com by clicking on the conference call link in the Investor Relations section of the website.
  • At the Investor Relations section of our web site at http://ir.kemet.com, users may subscribe to KEMET news releases and find additional information about our Company.

LTS, KEM, WMGI, and WLH SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts

Retrieved on: 
Friday, January 17, 2020
KEMET Corporation, Simpsonville, South Carolina, Kemet, Fiduciary, Thalmann, New York Stock Exchange, Yageo, Companies, Industries, Economy of New York City

To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-ladenburg-thalmann-financial-service... .

Key Points: 
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-ladenburg-thalmann-financial-service... .
  • KEMET Corporation (NYSE: KEM ) regarding possible breaches of fiduciary duties and other violations of law related to KEMETs agreement to be acquired by Yageo Corporation.
  • Shareholders of KEMET will receive $27.20 in cash for each share of KEMET owned.
  • Shareholders of Wright Medical will receive $30.75 in cash for each share of Wright Medical owned.

KEMET’s New Surface Mount Safety Certified Ceramic Capacitors Provide Solutions for Space Constrained Mains Powered Applications

Retrieved on: 
Monday, December 2, 2019
Capacitors, Electromagnetism, Electrical engineering, Electrical components, Ceramic capacitor, KEMET Corporation, Surface-mount technology, AC adapter, Power inverter, Electronic component, Kemet, Film capacitor

FORT LAUDERDALE, Fla., Dec. 02, 2019 (GLOBE NEWSWIRE) -- KEMET Corporation(KEMET or the Company) (NYSE: KEM), a leading global supplier of electronic components, has launched a new range of surface mount device (SMD) safety certified multilayer ceramic capacitors (MLCCs) for use in mains powered applications.

Key Points: 
  • FORT LAUDERDALE, Fla., Dec. 02, 2019 (GLOBE NEWSWIRE) -- KEMET Corporation(KEMET or the Company) (NYSE: KEM), a leading global supplier of electronic components, has launched a new range of surface mount device (SMD) safety certified multilayer ceramic capacitors (MLCCs) for use in mains powered applications.
  • Filtering is important in mains powered products to manage unwanted transients, such as high frequency noise in both line-to-line (Class X) and line-to-ground (Class Y) applications.
  • Safety certified capacitors are used in a wide variety of applications, such as power adapters for mobile devices, industrial power distribution, and electric vehicle power inverters.
  • Until now, safety certified capacitor technology has not kept pace with advances in MLCC technology, said Reggie Phillips, KEMET Senior Product Manager.

KEM, LTS, CARO, and CARB SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of Buyouts

Retrieved on: 
Monday, November 25, 2019
Common law, Equity, Fiduciary, Kemet, New York City, Companies, Yageo, KEMET Corporation, NASDAQ, New York Stock Exchange, Economy of the United States

announces that it is investigating:

Key Points: 
  • announces that it is investigating:
    KEMET Corporation (NYSE: KEM ) regarding possible breaches of fiduciary duties and other violations of law related to KEMETs agreement to be acquired by Yageo Corporation.
  • Shareholders of KEMET will receive $27.20 in cash for each share of KEMET owned.
  • To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-kemet-corporation .
  • Carbonite, Inc. (NASDAQ GM: CARB ) regarding possible breaches of fiduciary duties and other violations of law related to Carbonites agreement to be acquired by Open Text Corporation.

KEMET INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of KEMET Corporation - KEM

Retrieved on: 
Saturday, November 23, 2019
Legal, Professional services, Kemet, KEMET Corporation, Yageo, Foti, KSF, Companies, Industries

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of KEMET Corporation (NYSE: KEM) to Yageo Corporation.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of KEMET Corporation (NYSE: KEM) to Yageo Corporation.
  • Under the terms of the proposed transaction, shareholders of KEMET will receive only $27.20 in cash for each share of KEMET that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .