December 6, 2016
Pentair Announces Dividend Increase and Quarterly Cash Dividend
MANCHESTER, United Kingdom - December 6, 2016 - Pentair plc (NYSE: PNR) ("Pentair") announced today that its Board of Directors has approved a three percent increase in the company's regular annual cash dividend rate for 2017 (from $1.34 per share paid in 2016 to $1.38 per share), and that it will pay a regular quarterly cash dividend of $0.345 per share on February 10, 2017 to shareholders of record at the close of business on January 27, 2017. 2017 will mark the 41st consecutive year... Read More
October 25, 2016
Pentair Reports Third Quarter 2016 Results
·           Third quarter sales of $1.2 billion. ·           Third quarter GAAP EPS of $0.64 and adjusted EPS of $0.78. ·           Net cash provided by operating activities of continuing operations of $139 million and free cash flow from continuing operations of $125 million in the quarter.  The company expects to deliver full year free cash flow of approximately 100 percent of adjusted net income. ·           The company updates its 2016 GAAP EPS guidance to approximately $2.50 and on an adjus... Read More
October 6, 2016
Pentair to Release Third Quarter 2016 Earnings and Host Investor Conference Call on October 25
MANCHESTER, United Kingdom - October 6, 2016 - Pentair plc (NYSE:PNR) will report its third quarter results before the opening of the New York Stock Exchange on Tuesday, October 25, 2016. The company will also hold a conference call with investors at 9:00 a.m. Eastern Daylight Time (EDT) that day. Related presentation materials will be posted to the "Investors" section of the company's website (www.pentair.com) prior to the conference call. Conference Call DetailsThe call can be ac... Read More
October 5, 2016
Pentair Announces Plan to Implement Proxy Access
MANCHESTER, United Kingdom - October 5, 2016 - Pentair plc (NYSE: PNR) today announced it is planning to submit to a vote of shareholders at its 2017 annual general meeting amendments to its articles of association to implement proxy access.  The amendments to the articles of association will become effective immediately after the 2017 annual general meeting if approved by shareholders. Randall J. Hogan, Pentair Chairman and CEO stated, "The decision of the Pentair board of directors to see... Read More
October 4, 2016
Pentair Announces Quarterly Cash Dividend
MANCHESTER, United Kingdom - October 4, 2016 - Pentair plc (NYSE: PNR) announced today that it will pay a regular quarterly cash dividend of $0.34 per share on November 4, 2016 to shareholders of record at the close of business on October 21, 2016. Pentair had previously announced on December 8, 2015 the approval by its Board of Directors to pay dividends in 2016 in four quarterly installments of $0.33 in each of the first and second quarters and $0.34 in each of the third and fourth quarters. 2... Read More
September 26, 2016
Pentair Showcases Smart Solutions for Water and Wastewater Management at WEFTEC 2016
NEW ORLEANS - September 26, 2016 - Pentair, a global leader in sustainable water solutions, is showcasing its latest innovations at the Water Environment Federation's Annual Technical Exhibition (WEFTEC) in New Orleans, September 26 - 28, 2016. As a leader in helping to manage the world's water resources, Pentair provides deep technical experience and advanced design capabilities to provide integrated solutions to wastewater challenges facing municipal, commercial and industrial customers.      ... Read More
August 18, 2016
Pentair Announces Agreement to Sell Valves & Controls Business to Emerson
MANCHESTER, United Kingdom - August 18, 2016 - Pentair plc (NYSE: PNR) today announced it has reached an agreement to sell its Valves & Controls business to Emerson (NYSE: EMR). The cash purchase price is $3.15 billion, subject to customary working capital adjustments. The transaction is anticipated to be completed late in 2016 or early in 2017 and is subject to customary closing conditions and necessary regulatory approvals. Randall J. Hogan, Pentair Chairman and CEO stated, "We expect... Read More
July 28, 2016
Pentair Reports Second Quarter 2016 Results
·           Second quarter sales of $1.7 billion. ·           Second quarter GAAP EPS of $0.78 and adjusted EPS of $1.11. ·           Net cash provided by operating activities of $385 million and free cash flow of $351 million in the quarter.  The company expects to deliver full year free cash flow of approximately 100 percent of adjusted net income. ·           The company updates its 2016 GAAP EPS to a range of $3.23 - $3.38 and on an adjusted basis to a range of $4.05 - $4.20. Reconciliations... Read More
July 6, 2016
Pentair to Release Second Quarter 2016 Earnings and Host Investor Conference Call on July 28
MANCHESTER, United Kingdom - July 6, 2016 - Pentair plc (NYSE:PNR) will report its second quarter results before the opening of the New York Stock Exchange on Thursday, July 28, 2016. The company will also hold a conference call with investors at 9:00 a.m. Eastern Daylight Time (EDT) that day. Related presentation materials will be posted to the "Investors" section of the company's website (www.pentair.com) prior to the conference call. Conference Call DetailsThe call can be access... Read More
June 15, 2016
Pentair, The Coca-Cola Company and Partners Inaugurate Flagship EKOCENTER Site in Rwanda
Pentair delivers innovative, durable safe water solution for EKOCENTER community sites in Africa and Vietnam MANCHESTER, United Kingdom - June 15, 2016 - Pentair, a global leader in creating sustainable water solutions, joined The Coca-Cola Company and partners Ericsson, Medshare, Phillips, Solarkiosk and TIGO Rwanda to open the flagship EKOCENTER in Ruhunda, Rwanda. Located an hour outside of Kigali, the capitol of Rwanda, the solar-powered site stands to benefit up to 25,000 local residents w... Read More
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