Atmus filtration ipo.
Steph Disher will remain the leader of Atmus Filtration Technologies, which generated $1.56 billion in sales during 2022, along with $170.1 million in net income. The business makes filtration ...
Atmus Filtration Technologies, the filtration unit being spun out of Cummins, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal that we could believe could raise up to $350 million.May 26, 2023 at 1:22 PM PDT. Listen. 2:05. Cummins Inc. spinoff Atmus Filtration Technologies Inc. rose 11% in its trading debut after raising $275 million in an initial public offering priced in ...Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share.Cummins' (CMI) spinoff Atmus makes a strong market debut, with an 11% surge in its IPO. Discover how Atmus is poised to capitalize on global demand for its filtration products.Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the …
In 2021, the filtration business generated $1.4 billion in revenue, up 17% from the previous year. In comparison, Cummins’ filtration business generated about 6% of the company’s $24 billion ...May 26 (Reuters) - Atmus Filtration Technologies Inc (ATMU.N), the filtration business of U.S. diesel engine maker Cummins Inc (CMI.N), fetched a valuation of $1.8 billion in a strong market debut ...Cummins spin-off Atmus Filtration IPO prices at $19.50 a share May. 26, 2023 at 7:19 a.m. ET by Steve Gelsi Cummins unit Atmus Filtration to offer 14.1 million shares in IPO, priced at $18 to $21 each
Feb 21, 2023 · Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly issued common stock.
NASHVILLE, Tenn., May 26, 2023--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, will begin trading on the New York Stock Exchange today under ...Atmus Filtration Technologies sold 14.1 million shares at $19.5 a piece, the company said in a press release. The company had previously guided the IPO could be priced at between $18 and $21 per ...Feb 26, 2023 · Atmus Filtration Technologies , the filtration unit of engine maker Cummins , filed for an IPO we estimate could raise up to $350 million. Serving end-users in approximately 150 countries, Atmus ... NASHVILLE, Tenn.--(BUSINESS WIRE)-- Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share. The shares are expected to ...
Gift this article. Atmus Filtration Technologies Announces Launch of Initial Public Offering Business Wire NASHVILLE, Tenn. -- May 16, 2023 Atmus Filtration Technologies Inc. (Atmus), the ...
Cummins Inc. is set to be the latest entrant, with the carveout of Atmus Filtration Technologies Inc. this week slated to raise roughly $275 million based on the mid-point of its proposed price ...
In addition, progress continues to be made on the planned separation of the Filtration business. In February, we announced that our Filtration business, Atmus Filtration Technologies filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed underwritten IPO of newly issued common …Your doctor may recommend that you need to have an eGFR test. If this is the case, here are 11 things you need to know before you get your eGFR test. The term eGFR stands for estimated glomerular filtration rate, as confirmed by Verywell He...Atmus Filtration Technologies Inc., headquartered in Nashville, Tennessee, filed paperwork Tuesday with the U.S. Securities and Exchange Commission to be listed on the New York Stock Exchange ...Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the …Atmus Filtration Technologies sold 14.1 million shares at $19.5 a piece, the company said in a press release. The company had previously guided the IPO could be …
Cummins Inc. specializes in designing, manufacturing, and selling diesel and gas motors and generators. Net sales break down by activity as follows: - manufacturing of diesel and gas motors (29.2%): for heavy equipment, trucks, light utility vehicles, industrial construction equipment, mine equipment, and agricultural and marine use; - production …Cummins Inc. has announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering (IPO) of newly issued common stock. Cummins said last fall that the standalone business would be …Second-Quarter Results. For the second quarter of 2023, Atmus posted net sales of $414 million, compared to $393 million in the second quarter of 2022, an increase of approximately 5 percent. The increase in sales was primarily driven by an increase in pricing, partially offset by a decrease in volume and negative impacts of currency.Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its third quarter that ended September 30, 2023. ... Atmus repaid the $50 million borrowed under the Revolving Credit Facility at the May 30 IPO launch. Atmus now has full availability under the $400 ...Atmus Filtration Technologies ( NYSE: ATMU) debuted in the stock market through an IPO on May 22, 2023, and has seen a modest 2% increase in share price in …May 26, 2023 · NASHVILLE, Tenn., May 26, 2023--Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public ...
In 2021, the filtration business generated $1.4 billion in revenue, up 17% from the previous year. In comparison, Cummins’ filtration business generated about 6% of the company’s $24 billion ...
May 21, 2023 · Atmus Filtration Technologies Inc., headquartered in Nashville, Tennessee, filed paperwork this past week with the U.S. Securities and Exchange Commission to offer 14.1 million shares of common ... Upon completion of the IPO, Cummins is expected to hold approximately 83.0% of Atmus, or 80.5% if the underwriters' option to purchase additional shares is exercised in full. SHARE THIS POST FACEBOOKIn 2021, the filtration business generated $1.4 billion in revenue, up 17% from the previous year. In comparison, Cummins’ filtration business generated about 6% of the company’s $24 billion ...26 May 2023 ... A highlight of the past week was Atmus Filtration Technologies' US$275m NYSE IPO, only the 12th new issue of size this year and the latest ...May 29, 2023 · Atmus Filtration Technologies Inc., ... Atmus' IPO was priced in the middle of the marketed range, demonstrating confidence from investors. Initially sold at $19.50 per share, shares of Atmus ... May 26, 2023 · May 25, 2023 at 6:53 PM PDT. Listen. 2:07. Cummins Inc. spinoff Atmus Filtration Technologies Inc. raised $275 million in an initial public offering, pricing its shares in the middle of a marketed ... Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins.9 Aug 2023 ... Our successful IPO would not have been possible without the tireless dedication of our global employees. Every person on our team, from our ...November 03, 2023 at 06:36 am EDT. NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Atmus Filtration Technologies Inc. (ATMU) on Friday reported net income of $37.6 million in its third quarter. On a per-share basis, the Nashville, Tennessee -based company said it had net income of 45 cents.
Founded by Cummins in 1958, but independent in 2023, Atmus continues to build on a 65-year history, differentiating ourselves through a vast global footprint, comprehensive portfolio of premium products, technology leadership and multi-channel path to market. We design, manufacture and sell filtration solutions that create a better future by ...
View the latest Atmus Filtration Technologies Inc. (ATMU) stock price, news, historical charts, analyst ratings and financial information from WSJ.
Cummins Inc. has announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering (IPO) of newly issued common stock. Cummins said last fall that the standalone business would be renamed Atmus ...Atmus Filtration Technologies , the filtration unit of engine maker Cummins , filed for an IPO we estimate could raise up to $350 million. Serving end-users in approximately 150 countries, Atmus ...In connection with its IPO, Atmus began trading on the New York Stock Exchange under the ticker symbol “ATMU” on 26 May 2023. Atmus is a global leader in filtration and media solutions. Cummins remains a global power leader of complementary business segments that design, manufacture, distribute and service a broad portfolio of …Apr 21, 2022 · In 2021, the filtration business generated $1.4 billion in revenue, up 17% from the previous year. In comparison, Cummins’ filtration business generated about 6% of the company’s $24 billion ... Atmus Filtration Technologies Inc. ATMU, Cummins Inc.’s CMI, +2.55% filtration business, announced the launch of its initial public offering on Tuesday. The company said it will offer 14.1 ...The IPO is set for pricing Thursday night (May 25) to trade Friday (May 26) on the New York Stock Exchange. At 14.12 million shares, it’s not a huge IPO. The price range is $18.00 to $21.00. Atmus Filtration Technologies’ IPO would raise $275.43 million, if priced at the $19.50 mid-point.Nov 3, 2023 · For the third quarter of 2023, Atmus posted net sales of $396 million, compared to $401 million in the third quarter of 2022, a decrease of approximately 1 percent. The decrease in sales was primarily driven by a decrease in volume partially offset by increases in pricing and the favorable impacts of currency. May 30, 2023. NASHVILLE, Tenn.-- (BUSINESS WIRE)-- Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering (“IPO”) of 16,243,070 shares of its common stock at a price to the public of $19.50 per share, including the underwriters’ full ...
Cummins spin-off Atmus Filtration IPO prices at $19.50 a share. Atmus Filtration Technologies Inc. ATMU, priced 14.1 million shares at $19.50 a share to raise $275.4 million in its initial public offering on Friday, the company said. Atmus Filtration Technologies Inc.’s stock soared 14% Friday in its trading debut, after the Cummins Inc. spinoff priced its initial public offering in the middle of its proposed price range.Inside INdiana Business A division of IBJ Media. 1 Monument Circle, Suite 300 Indianapolis, IN 46204. PHONE: (317) 634-6200. FAX: (317) 263-5060. [email protected] 17, 2023 · In May, I concluded to filter the public offering of Atmus Filtration Technologies (NYSE:ATMU) ... In the IPO in May, some 14 million shares were offered at $19.50 per share, as 83 million shares ... Instagram:https://instagram. fis shareairline stocks to buygraphite stock companiesbest stock investment simulator Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins. eem indexrecession news today May 26, 2023 · Atmus Filtration Technologies Inc. ATMU, -1.62% priced 14.1 million shares at $19.50 a share to raise $275.4 million in its initial public offering on Friday, the company said. The IPO is a... chip prices 24 Feb 2023 ... Cummins' Filtration Business Files for IPO. Cummins Inc. Cummins Inc. announced that its Filtration business, Atmus Filtration Technologies ...May 26, 2023 · Atmus will not see any proceeds from the IPO. Shares of the filtration solutions company opened at $21.67 and were up 13% at $22 at approximately 12:10 p.m. ET. May 19, 2023 · Atmus Filtration Technologies Inc, the Filtration business unit of Cummins Inc, has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins. The underwriters will also be granted a 30-day option to purchase up to an additional 2,118,661 shares ...