NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced the acquisition of Grassform Plant Hire Limited (“Grassform”) for an all-cash purchase price of £35.2 ($46.4) million funded at closing, with additional potential consideration to be paid based upon improvements in Grassform’s trailing twelve month performance through its current fiscal year-end, February 28, 2026. The acquisition was funded primarily using cash on-hand, along with approximately $10 million of borrowings under the Company’s U.S. credit facility.
NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that it will issue third quarter 2025 results after the U.S. markets close on Thursday, October 30, 2025. A conference call will be held the following day on Friday, October 31, 2025, at 9:30 a.m. ET to review the Company’s financial results and conduct a question-and-answer session.
NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that it will issue second quarter 2025 results after the U.S. markets close on Tuesday, August 5, 2025. A conference call will be held the following day on Wednesday, August 6, 2025, at 9:30 a.m. ET to review the Company’s financial results and conduct a question-and-answer session.
NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that it has entered into a new credit agreement (“Agreement”) effective June 20, 2025, which includes a $150 million revolving loan facility, replacing the Company’s previous asset-based revolving credit facility. The Agreement has a term of five years and also includes an accordion feature, allowing for the expansion of the revolving loan facility up to $250 million. Under the terms of the Agreement, revolving loans bear interest at either Term SOFR plus 175 to 225 basis points or the Base Rate plus 75 to 125 basis points, with the applicable margin determined based on the Company’s consolidated leverage ratio, as calculated in accordance with the Agreement.
NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that MSCI Inc. has confirmed that NPK’s Global Industry Classification Standard (GICS®) code will be changing to 20107010 (Industrials/Capital Goods/Trading Companies & Distributors). The new GICS more accurately reflects the Company’s position as a leading provider of matting products and services to the global worksite access market. The change will be effective as of the market close on May 30, 2025.
NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that it will issue first quarter 2025 results after the U.S. markets close on Thursday, May 1, 2025. A conference call will be held the following day on Friday, May 2, 2025, at 9:30 a.m. ET to review the Company’s financial results and conduct a question-and-answer session.
NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) announced today that Joseph A. Cutillo has been appointed as a new member to its board of directors, effective March 10, 2025.
NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced that it will issue fourth quarter and full-year 2024 results after the U.S. markets close on Wednesday, February 26, 2025. A conference call will be held the following day on Thursday, February 27, 2025, at 9:30 a.m. ET to review the Company’s financial results and conduct a question-and-answer session.
