May 16, 2018
Pentair Announces Redemption of 2.900% Senior Notes due 2018
LONDON, United Kingdom - May 16, 2018 - Pentair plc (NYSE: PNR) ("Pentair") today announced that its subsidiary, Pentair Finance S.à r.l. ("Pentair Finance"), will redeem all of its outstanding 2.900% Senior Notes due 2018 (CUSIP:  709629 AM1) (the "Notes") on June 15, 2018 (the "Redemption Date").  As of May 16, 2018, there was $255,302,000 aggregate principal amount of the Notes outstanding.  Pentair Finance will fund the redemption with proceeds receive... Read More
May 14, 2018
Pentair to Present at Electrical Products Group Conference
LONDON, United Kingdom - May 14, 2018 - Pentair plc (NYSE: PNR) President and Chief Executive Officer John L. Stauch will present at the Electrical Products Group Conference held in Longboat Key, Fla., on Monday, May 21, 2018. Mr. Stauch's presentation will begin at approximately 8:15 a.m. EDT.  A live audio webcast of the presentation can be accessed through the "Investors" section of Pentair's website (www.pentair.com). A replay of this presentation will be available approximately 2... Read More
May 8, 2018
Pentair Announces Long-Term Goals, Share Repurchase Program, and Reaffirms Guidance
LONDON, United Kingdom - May 8, 2018 - Pentair plc (NYSE: PNR) ("Pentair") introduced its long-term goals today, which include: Core sales growth of 2 to 4 percent per year. Segment income growth of 6 to 8 percent per year. Base adjusted earnings per share growth of 8 to 10 percent per year, inclusive of approximately $150 million of share repurchases per year. In addition, the company announced today that its Board of Directors has authorized it to repurchase up to $750 millio... Read More
May 8, 2018
Pentair Announces Quarterly Cash Dividend
LONDON, United Kingdom - May 8, 2018 - Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.175 per share on August 3, 2018 to shareholders of record at the close of business on July 20, 2018. 2018 marks the 42nd consecutive year that Pentair has increased its dividend, as adjusted for the spin-off of nVent Electric plc. ABOUT PENTAIR At Pentair, we believe the health of our world depends on reliable access to clean water. We deliver a comprehensive ... Read More
May 1, 2018
Pentair Focuses on Smart, Sustainable Water Solutions
Leading Global Pure Play Water Company Helps Customers Move, Treat and Enjoy Water LONDON, United Kingdom - May 1, 2018 - Pentair plc (NYSE: PNR), a leading global water treatment company, is now a pure play water company with a comprehensive range of smart, sustainable water solutions for homes, businesses, industry and communities. Pentair has separated from its electrical business, which is now called nVent Electric plc ("nVent"), a new independent, publicly traded company, effecti... Read More
April 30, 2018
Pentair Completes Separation of nVent
LONDON, United Kingdom - April 30, 2018 - Pentair plc (NYSE: PNR) ("Pentair") today announced it has completed the separation of its Electrical business, which is now held by nVent Electric plc ("nVent"), a new independent, publicly-traded company.  nVent shares will begin "regular way" trading on the New York Stock Exchange on May 1, 2018, under the symbol "NVT.""We wish our colleagues at nVent continued success as they become a new, independent, high-performance electrical company focused... Read More
April 19, 2018
Pentair Reports First Quarter 2018 Results
·         First quarter sales of $1.3 billion. ·         First quarter GAAP EPS of $0.58 and adjusted EPS of $0.88. ·         The company expects to complete the previously announced tax-free spin-off of its Electrical business to its shareholders on April 30, 2018. ·         The company updates its 2018 GAAP EPS from continuing operations guidance to a range of $1.75 to $1.80 and on an adjusted basis to a range of $2.25 to $2.30.  This reflects the anticipated separation of its Electrical busin... Read More
April 5, 2018
PENTAIR TO RELEASE FIRST QUARTER 2018 EARNINGS AND HOST INVESTOR CONFERENCE CALLS ON APRIL 19
LONDON, United Kingdom - April 5, 2018 - Pentair plc (NYSE:PNR) will report its first quarter results before the opening of the New York Stock Exchange on Thursday, April 19, 2018. The company will hold two separate conference calls with investors.  The company will discuss the overall Pentair results and the Water segment results at 8:00 a.m. Eastern Daylight Time (EDT) that day and there will be a separate call at 8:45 a.m. Eastern Daylight Time (EDT) to discuss the Electrical segment results.... Read More
April 3, 2018
Pentair Board of Directors Approves Separation of nVent
nVent Electric shares expected to begin trading on the NYSE May 1, 2018 LONDON, United Kingdom - April 3, 2018 - Pentair plc (NYSE: PNR) ("Pentair") today announced its board of directors has approved the previously announced spin-off of its Electrical business.  The transaction will result in two independent, publicly traded companies: Pentair plc and nVent Electric plc ("nVent").  nVent ordinary shares are expected to begin trading on the NYSE on May 1, 2018. At the time of... Read More
April 2, 2018
PENTAIR ACHIEVES ENERGY STAR® PARTNER OF THE YEAR--SUSTAINED EXCELLENCE AWARD FOR FIFTH CONSECUTIVE YEAR
Pentair Energy Efficient Pool Pumps Have Helped Consumers Save $1.5 Billion Since 2005 LONDON, United Kingdom - April 2, 2018 - Pentair plc (NYSE: PNR) has been named by the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy as a 2018 ENERGY STAR Partner of the Year--Sustained Excellence Award winner. This honor marks the fifth year that Pentair has garnered recognition for its continued leadership in protecting the environment through superior energy efficiency achie... Read More
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