METALDYNE PERFORMANCE GROUP INC. (NYSE:MPG) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition
On February 24, 2017, Metaldyne Performance Group Inc. (the “Company”) announced its financial results for the quarter and year ended December 31, 2016. The Company’s press release is presented at Exhibit 99.1 to this Current Report on Form 8-K.
The information contained in this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the purpose of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in any such filings.
Item 8.01. Other Events
On February 24, 2017, our board of directors declared a cash dividend of $0.0925 per share, payable March 24, 2017 to stockholders of record as of March 10, 2017.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
99.1 Press release dated February 24, 2017, issued by Metaldyne Performance Group, Inc.
About METALDYNE PERFORMANCE GROUP INC. (NYSE:MPG)
Metaldyne Performance Group Inc. provides components for use in engine, transmission and driveline (Powertrain) and chassis, suspension, steering and brake component (Safety-Critical) Platforms for the global light, commercial and industrial vehicle markets. The Company produces these components using complex metal-forming manufacturing technologies and processes for a customer base of vehicle original equipment manufacturers (OEMs) and Tier I suppliers. The Company operates through three segments: HHI, Metaldyne and Grede. The Company’s HHI segment manufactures metal-based components for the North American light vehicle market. The Company’s Metaldyne segment manufactures metal-based Powertrain products for the global light vehicle markets. The Company’s Grede segment manufactures cast, machined and assembled components for the light, commercial and industrial (agriculture, construction, mining, rail, wind energy and oil field) vehicle and equipment end-markets. METALDYNE PERFORMANCE GROUP INC. (NYSE:MPG) Recent Trading Information
METALDYNE PERFORMANCE GROUP INC. (NYSE:MPG) closed its last trading session down -0.20 at 23.15 with 216,067 shares trading hands.