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Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.
Arconic Inc. would be renamed Howmet Aerospace Inc. and a new company, Arconic Corporation, would be set up and spun out tax free from Arconic Inc. [30] The new Arconic Corporation would be focused on rolled aluminium products and Howmet Aerospace on engineered products. [31] The separation was completed effective April 1, 2020. [1] [32]
Shares in aerospace and transportation engineering products company Howmet Aerospace (NYSE: HWM) soared by 26.8% in May, according to data provided by S&P Global Market Intelligence. The move came ...
Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...
Howmet Aerospace repurchased $190 million in the quarter, $500 million in full-year 2024, and $50 million in January 2025, retiring a total of ~7.9 million shares. The remaining share repurchase ...
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Aerospace components are in high demand, setting up a positive outlook for suppliers including Howmet Aerospace (NYSE: HWM). Howmet shares climbed 15.7% in January, according to data provided by S ...
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