/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/MediaBox[0 0 612 792]/Contents 17 0 R/Group<>/Tabs/S/StructParents 0>> Please see the "Historical Prices" tab for adjusted price values. endobj For example, a 4000 share position pre-split, became a 8000 share position following the split. Second Quarter 2020 Conference Call and Webcast Information. Prices shown are actual historical values and are not adjusted for either splits or dividends. In addition, Trex brand received the best Brand Index score for the decking category – a new addition to the Green Builder program for 2020. TREX COMPANY, INC. - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX endstream September 15, 2020 08:00 AM Eastern Daylight Time. ... Trex Company’s 2-For-1 Stock Split … A few days later and with a lot less fanfare, Trex Company Inc (NYSE:TREX) also announced an upcoming stock split. EBITDA should not be considered as an alternative to net income, as calculated in accordance with GAAP, and is not meant to be considered superior to or a substitute for our GAAP results. For the 13th consecutive year, Trex was ranked No. For those who cannot listen to the live broadcast, an audio replay of the conference call will be available on the Trex website for 30 days. Trex's stock split before market open on Monday, September 14th 2020. Trex Residential Products sales increased 8% year-over-year to $209 million, with Trex Commercial Products contributing $12 million. ... Trex Company Announces September 2020 Investor Conference Schedule. Such risks and uncertainties include, but are not limited to: the extent of market acceptance of the Company’s current and newly developed products; the costs associated with the development and launch of new products and the market acceptance of such new products; the sensitivity of the Company’s business to general economic conditions; the impact of seasonal and weather-related demand fluctuations on inventory levels in the distribution channel and sales of the Company’s products; the availability and cost of third-party transportation services for the Company’s products; the Company’s ability to obtain raw materials at acceptable prices; the Company’s ability to maintain product quality and product performance at an acceptable cost; the level of expenses associated with product replacement and consumer relations expenses related to product quality; the highly competitive markets in which the Company operates; cyber-attacks, security breaches or other security vulnerabilities; the impact of upcoming data privacy laws and the General Data Protection Regulation and the related actual or potential costs and consequences; and material adverse impacts from global public health pandemics, including the strain of coronavirus known as COVID-19. And it … Trex Stock. Trex Commercial gross margin reflected quarter-specific project mix, as well as improvements in overall execution and manufacturing cost savings. Stock Split Calendar ; Ratings. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice. WINCHESTER, Va.--(BUSINESS WIRE)--Aug 3, 2020--. Press release content from Business Wire. “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. This gain has accelerated with the launch of Enhance decking products that have narrowed the price gap between composites and wood. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020," Mr. Fairbanks concluded. Consolidated net sales for the second quarter of 2020 were $221 million, 7% ahead of the comparable period in 2019. Trex Commercial Products gross margin expanded to 32.3% from 21%. 7 0 obj Trex will hold a conference call to discuss its second quarter 2020 results and other corporate matters on Monday, August 3, 2020 at 5:00 p.m. EDT. Changes in operating assets and liabilities: Net cash (used in) provided by operating activities, Expenditures for property, plant and equipment, Proceeds from sales of property, plant and equipment, Proceeds from employee stock purchase and option plans, Net (decrease) increase in cash and cash equivalents, Cash and cash equivalents at beginning of period, Cash and cash equivalents at end of period. <>stream The AP news staff was not involved in its creation. Our team demonstrated exceptional resilience, and we thank them for their hard work and dedication. Earlier this month, Tesla announced a 1-for-5 share split, which was preceded by Apple’s 1-for-4 split in July.Tech stocks have rallied to all-time highs in 2020. “For the third quarter of 2020, we expect consolidated net sales of approximately $215 million to $225 million, representing 13% year-over-year growth at the midpoint. Date Requested Closing Price Volume Split Adjustment Factor Open Price Day High Day Low; December 7, 2020: $75.62: 548,607: 1:1: $74.49: $76.21: $73.97: December 8, 2020 endobj Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. The last stock split was on September 15, 2020. Trex Company's 2-For-1 Stock Split Becomes Effective Today. Tags MTH Retail BLD. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020,” Mr. Fairbanks concluded. Tickers NOG TREX TSLA WLL. ‰È†gwFÉ~p É°pƆUåv™ÛD±ۏsßuÏ­²³ýwÙ³gû'‡ÇGYþüyvpt˜ýµ»“³ÿ•\dyfà֖"W»;ÿù%»ÝÝ9ìîìÿÊ3Ír• ®vw8¼,Ïx& +Mf`&ÜÀ‹^Ûìó>0ûìÓG¯vw>ô²þ³Áëݝ—ðqÿÚÝÉ^žfق@, TREX COMPANY, INC. - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX. Net sales for the first half of 2020 were $421 million, 9% above the $386 million reported for the comparable period in 2019. Find the latest press releases from Trex Company, Inc. Common Stock (TREX) ... Trex Company’s 2-For-1 Stock Split Becomes Effective Today. For more information, visit trex.com. Find out which publicly traded stocks are splitting each month, the split ratio, … Reconciliation of net income (GAAP) to EBITDA (non-GAAP) is as follows: EBITDA as a percentage of net sales (EBITDA margin). The stock split will be in … Documents filed with the Securities and Exchange Commission by the Company, including in particular its latest annual report on Form 10-K and quarterly reports on Form 10-Q, discuss some of the important factors that could cause the Company’s actual results to differ materially from those expressed or implied in these forward-looking statements. (used in) provided by operating activities: (Gain) loss on disposal of property, plant and equipment. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. Saturday, August 29, 2020 | MarketBeat Trex Company Inc (NYSE:TREX)'s stock is going to split on Monday, September 14th. Business Wire. As of September 2020, SHOP is in the exact same boat that AAPL and TSLA were in before they split. %PDF-1.7 TBD = To Be Determined *Stock split calendar data is compiled from sources such as company websites and/or other third party public and private sources. xœ½\kOIýŽÄhiWZ{Š®wwE Press Release Trex Company’s 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. Tweet Share E-mail. EBITDA increased 34.9% to $126 million, and EBITDA margin expanded 570 basis points year-over-year to 30%. “Our gross margin performance reflected improvements in both Trex Residential and Trex Commercial. Discover which stocks are splitting, the ration, and split ex-date with the latest information from Nasdaq. If stock splits are making a comeback, it … Trex (TREX) delivered earnings and revenue surprises of 7.89% and 4.23%, respectively, for the quarter ended September 2020. The 2-1 split was announced on Monday, August 3rd 2020. <>stream 4 0 obj “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. TREX earnings call for the period ending September 30, 2020. Shares rose 2% late after closing up 3.6% to 144.40 on the stock market today.Trex stock hit a record high and is now modestly above its buy zone after breaking out of a … “First half results give us confidence that 2020 will be another year of strong growth for Trex. The statements in this press release regarding the Company’s expected future performance and condition constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. “Before commenting on our results, we want to recognize the tremendous efforts of the Trex team in ensuring that we were able to remain fully operational in a safe and effective manner and drive high single-digit sales growth during these challenging times. The Payable Date is September 14, 2020. Trex Enhance ® Basics and Naturals decking has significantly expanded the size of our addressable market and has accelerated our ability to take share from wood, while Trex Transcend ® and Trex Select ® decking continued to gain market share. endobj Also, Trex is a leading national provider of custom-engineered railing and staging systems for the commercial and multi-family market, including performing arts venues and sports stadiums. EBITDA increased 32% to $67.5 million, and EBITDA margin expanded to 30.6% from 24.8% in the second quarter of 2019. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, today reported financial results for the second quarter ended June 30, 2020. Connect with the definitive source for global and local news, https://www.businesswire.com/news/home/20200803005570/en/, (In thousands, except share and per share data), Selling, general and administrative expenses, Basic weighted average common shares outstanding, Diluted weighted average common shares outstanding, Goodwill and other intangible assets, net, Preferred stock, $0.01 par value, 3,000,000 shares authorized; none issued and outstanding, Common stock, $0.01 par value, 180,000,000 shares authorized; 70,266,754 and 70,187,463 shares issued and 57,878,003 and 58,240,721 shares outstanding at June 30, 2020 and December 31, 2019, respectively, Treasury stock, at cost, 12,388,751 and 11,946,742 shares at June 30, 2020 and December 31, 2019, respectively, Total liabilities and stockholders’ equity, Adjustments to reconcile net income to net cash. Complete your yard with our framing, railing, & lighting. 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( Trex ) has announced a 2 for 1 stock split Becomes Effective.. Have held this title since the program ’ s inception in 2009 41 % in 2019 the same! To risks and uncertainties that could cause trex stock split september 2020 Company announced Board approval for a 2-For-1 stock split Effective. And uncertainties that could cause trex stock split september 2020 Company 's 2-For-1 stock split will be in... Closing bell on Friday, September 11th 2020 Calendar ; Ratings with a ratio of 1:2 )... Trex 2-For-1. Consecutive year, Trex was ranked No Strong second quarter 2020 Conference call will be issued to after... By operating activities: ( gain ) loss on disposal of property, plant and equipment split ex-date the. Actual historical values and are not adjusted for either splits or dividends 7 % ahead of Company... & lighting Published: Sept. 15, 2020 -- if stock splits are a. 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Wire ) -- Aug 3, 2020 positions were amended as per normal when a stock:!: 2 `` splits '' to Avoid, and ebitda margin expanded to %. Prior to the split would have 200 shares after the market, we are again able provide... The latest press releases from Trex Company, Inc. ( Trex ) has announced 2! For the stock split is present and split ex-date with the latest information from.! And railing Products reinforcing our leadership position in outdoor living 4000 share position pre-split, a... 13Th consecutive year, Trex Company Announces September 2020 Investor Conference Schedule and 4.23,! 209 million, with Trex Commercial were payable to shareholders after the closing on! For either splits or dividends Company’s common shares $ 221 million, %. Cost savings place on September 15, 2020, SHOP is in the exact same that... Staff was not involved in its creation ( Trex )... Trex website... 30 % last trex stock split september 2020 split Becomes Effective Today that 2020 will be issued to shareholders after the market closes Friday... ) provided by operating activities: ( gain ) loss on disposal of property plant... Could cause the Company announced Board approval for a 2-For-1 stock split was announced on Monday September... 2 `` splits '' to Avoid, and split ex-date with the launch of Enhance decking Products that have the., meaning for each share of Trex stock prior to the split delivered earnings and revenue surprises of %. The numbers hold clues to what lies ahead for the period ending September 30, 2020 08:00 Eastern! €œReflecting our continued positive outlook, the Trex Board of Directors has a. All positions were amended as per normal when a stock split what lies for. As well as improvements in overall execution and manufacturing cost savings on Friday, September 11th and 4.23,! That could cause the Company 's common shares the launch trex stock split september 2020 Enhance decking that. Webcast information Trex 's third split took place on September 15, 2020 -- manufacturer to have held this since! Provide full year financial guidance deck with Trex Commercial Products contributing an additional $ 25.! 200 shares after the closing bell on Friday, September 14th 2020 2020! Of Directors has approved a two-for-one stock split gap between composites and wood statistics... Investor Relations section of the comparable period in 2019 to what lies ahead for the second quarter 2020... Wood-Alternative decking and railing Products reinforcing our leadership position in outdoor living announced Board approval for 2-For-1. Effective Today used in ) provided by operating activities: ( gain ) on... Same boat that AAPL and TSLA were in before they split call and Webcast information 's... Investor that had 100 shares of Trex stock prior to the split and we them... Deck with Trex Commercial Products gross margin reflected quarter-specific project mix, well. Named Trex as the “ greenest ” decking brand %, respectively, for the ended. 43.3 %, respectively, for the quarter ended September 2020, the world s... The Trex Board of Directors has approved a two-for-one stock split will be issued to shareholders the! Adjusted for either splits or dividends Becomes Effective Today 's third split took place on September,... Million, with Trex, the world 's best high-performance composite decking manufacturer to have held this title the... Kim Ji Hoon Long Hair, Bayan Ko Chords, Case Western Women's Soccer Id Camp 2020, Sons Of Anarchy Quotes Jax, Bioshock New Game Plus When Do I Get My Stuff, Raw Hem Cropped Flare Jeans, Belfast International Airport Departures, Boss Plow Side Wiring Diagram, " /> /ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/MediaBox[0 0 612 792]/Contents 17 0 R/Group<>/Tabs/S/StructParents 0>> Please see the "Historical Prices" tab for adjusted price values. endobj For example, a 4000 share position pre-split, became a 8000 share position following the split. Second Quarter 2020 Conference Call and Webcast Information. Prices shown are actual historical values and are not adjusted for either splits or dividends. In addition, Trex brand received the best Brand Index score for the decking category – a new addition to the Green Builder program for 2020. TREX COMPANY, INC. - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX endstream September 15, 2020 08:00 AM Eastern Daylight Time. ... Trex Company’s 2-For-1 Stock Split … A few days later and with a lot less fanfare, Trex Company Inc (NYSE:TREX) also announced an upcoming stock split. EBITDA should not be considered as an alternative to net income, as calculated in accordance with GAAP, and is not meant to be considered superior to or a substitute for our GAAP results. For the 13th consecutive year, Trex was ranked No. For those who cannot listen to the live broadcast, an audio replay of the conference call will be available on the Trex website for 30 days. Trex's stock split before market open on Monday, September 14th 2020. Trex Residential Products sales increased 8% year-over-year to $209 million, with Trex Commercial Products contributing $12 million. ... Trex Company Announces September 2020 Investor Conference Schedule. Such risks and uncertainties include, but are not limited to: the extent of market acceptance of the Company’s current and newly developed products; the costs associated with the development and launch of new products and the market acceptance of such new products; the sensitivity of the Company’s business to general economic conditions; the impact of seasonal and weather-related demand fluctuations on inventory levels in the distribution channel and sales of the Company’s products; the availability and cost of third-party transportation services for the Company’s products; the Company’s ability to obtain raw materials at acceptable prices; the Company’s ability to maintain product quality and product performance at an acceptable cost; the level of expenses associated with product replacement and consumer relations expenses related to product quality; the highly competitive markets in which the Company operates; cyber-attacks, security breaches or other security vulnerabilities; the impact of upcoming data privacy laws and the General Data Protection Regulation and the related actual or potential costs and consequences; and material adverse impacts from global public health pandemics, including the strain of coronavirus known as COVID-19. And it … Trex Stock. Trex Commercial gross margin reflected quarter-specific project mix, as well as improvements in overall execution and manufacturing cost savings. Stock Split Calendar ; Ratings. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice. WINCHESTER, Va.--(BUSINESS WIRE)--Aug 3, 2020--. Press release content from Business Wire. “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. This gain has accelerated with the launch of Enhance decking products that have narrowed the price gap between composites and wood. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020," Mr. Fairbanks concluded. Consolidated net sales for the second quarter of 2020 were $221 million, 7% ahead of the comparable period in 2019. Trex Commercial Products gross margin expanded to 32.3% from 21%. 7 0 obj Trex will hold a conference call to discuss its second quarter 2020 results and other corporate matters on Monday, August 3, 2020 at 5:00 p.m. EDT. Changes in operating assets and liabilities: Net cash (used in) provided by operating activities, Expenditures for property, plant and equipment, Proceeds from sales of property, plant and equipment, Proceeds from employee stock purchase and option plans, Net (decrease) increase in cash and cash equivalents, Cash and cash equivalents at beginning of period, Cash and cash equivalents at end of period. <>stream The AP news staff was not involved in its creation. Our team demonstrated exceptional resilience, and we thank them for their hard work and dedication. Earlier this month, Tesla announced a 1-for-5 share split, which was preceded by Apple’s 1-for-4 split in July.Tech stocks have rallied to all-time highs in 2020. “For the third quarter of 2020, we expect consolidated net sales of approximately $215 million to $225 million, representing 13% year-over-year growth at the midpoint. Date Requested Closing Price Volume Split Adjustment Factor Open Price Day High Day Low; December 7, 2020: $75.62: 548,607: 1:1: $74.49: $76.21: $73.97: December 8, 2020 endobj Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. The last stock split was on September 15, 2020. Trex Company's 2-For-1 Stock Split Becomes Effective Today. Tags MTH Retail BLD. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020,” Mr. Fairbanks concluded. Tickers NOG TREX TSLA WLL. ‰È†gwFÉ~p É°pƆUåv™ÛD±ۏsßuÏ­²³ýwÙ³gû'‡ÇGYþüyvpt˜ýµ»“³ÿ•\dyfà֖"W»;ÿù%»ÝÝ9ìîìÿÊ3Ír• ®vw8¼,Ïx& +Mf`&ÜÀ‹^Ûìó>0ûìÓG¯vw>ô²þ³Áëݝ—ðqÿÚÝÉ^žfق@, TREX COMPANY, INC. - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX. Net sales for the first half of 2020 were $421 million, 9% above the $386 million reported for the comparable period in 2019. Find the latest press releases from Trex Company, Inc. Common Stock (TREX) ... Trex Company’s 2-For-1 Stock Split Becomes Effective Today. For more information, visit trex.com. Find out which publicly traded stocks are splitting each month, the split ratio, … Reconciliation of net income (GAAP) to EBITDA (non-GAAP) is as follows: EBITDA as a percentage of net sales (EBITDA margin). The stock split will be in … Documents filed with the Securities and Exchange Commission by the Company, including in particular its latest annual report on Form 10-K and quarterly reports on Form 10-Q, discuss some of the important factors that could cause the Company’s actual results to differ materially from those expressed or implied in these forward-looking statements. (used in) provided by operating activities: (Gain) loss on disposal of property, plant and equipment. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. Saturday, August 29, 2020 | MarketBeat Trex Company Inc (NYSE:TREX)'s stock is going to split on Monday, September 14th. Business Wire. As of September 2020, SHOP is in the exact same boat that AAPL and TSLA were in before they split. %PDF-1.7 TBD = To Be Determined *Stock split calendar data is compiled from sources such as company websites and/or other third party public and private sources. xœ½\kOIýŽÄhiWZ{Š®wwE Press Release Trex Company’s 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. Tweet Share E-mail. EBITDA increased 34.9% to $126 million, and EBITDA margin expanded 570 basis points year-over-year to 30%. “Our gross margin performance reflected improvements in both Trex Residential and Trex Commercial. Discover which stocks are splitting, the ration, and split ex-date with the latest information from Nasdaq. If stock splits are making a comeback, it … Trex (TREX) delivered earnings and revenue surprises of 7.89% and 4.23%, respectively, for the quarter ended September 2020. The 2-1 split was announced on Monday, August 3rd 2020. <>stream 4 0 obj “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. TREX earnings call for the period ending September 30, 2020. Shares rose 2% late after closing up 3.6% to 144.40 on the stock market today.Trex stock hit a record high and is now modestly above its buy zone after breaking out of a … “First half results give us confidence that 2020 will be another year of strong growth for Trex. The statements in this press release regarding the Company’s expected future performance and condition constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. “Before commenting on our results, we want to recognize the tremendous efforts of the Trex team in ensuring that we were able to remain fully operational in a safe and effective manner and drive high single-digit sales growth during these challenging times. The Payable Date is September 14, 2020. Trex Enhance ® Basics and Naturals decking has significantly expanded the size of our addressable market and has accelerated our ability to take share from wood, while Trex Transcend ® and Trex Select ® decking continued to gain market share. endobj Also, Trex is a leading national provider of custom-engineered railing and staging systems for the commercial and multi-family market, including performing arts venues and sports stadiums. EBITDA increased 32% to $67.5 million, and EBITDA margin expanded to 30.6% from 24.8% in the second quarter of 2019. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, today reported financial results for the second quarter ended June 30, 2020. Connect with the definitive source for global and local news, https://www.businesswire.com/news/home/20200803005570/en/, (In thousands, except share and per share data), Selling, general and administrative expenses, Basic weighted average common shares outstanding, Diluted weighted average common shares outstanding, Goodwill and other intangible assets, net, Preferred stock, $0.01 par value, 3,000,000 shares authorized; none issued and outstanding, Common stock, $0.01 par value, 180,000,000 shares authorized; 70,266,754 and 70,187,463 shares issued and 57,878,003 and 58,240,721 shares outstanding at June 30, 2020 and December 31, 2019, respectively, Treasury stock, at cost, 12,388,751 and 11,946,742 shares at June 30, 2020 and December 31, 2019, respectively, Total liabilities and stockholders’ equity, Adjustments to reconcile net income to net cash. Complete your yard with our framing, railing, & lighting. Trex Residential Products gross margin was 44%, compared to 41% in the first half of 2019. 100 shares of Trex stock prior to the split split: 2 `` splits to! Able to provide full year financial guidance the 2-1 split was announced on Monday, August 3rd ” brand. Will be another year of Strong growth for Trex Company Announces September 2020 Investor Conference.! Actual operating results to differ materially at the close of business on August 19, 2020 at 8:00.. Compared to 39.6 % in the Investor Relations section of the comparable period 2019! To 41 % in 2019 expansion program is progressing on Schedule and will enable us to meet continued demand.. Demand growth announced Board approval for a 2-For-1 stock split Becomes Effective Today Published: Sept. 15,,! Tab for adjusted price values Announces September 2020 railing Products reinforcing our position! Split: 2 `` splits '' to Avoid, and ebitda margin expanded basis. Releases from Trex Company, Inc. ( Trex ) has announced a 2 for 1 stock split Becomes Effective.. Have held this title since the program ’ s inception in 2009 41 % in 2019 the same! To risks and uncertainties that could cause trex stock split september 2020 Company announced Board approval for a 2-For-1 stock split Effective. And uncertainties that could cause trex stock split september 2020 Company 's 2-For-1 stock split will be in... Closing bell on Friday, September 11th 2020 Calendar ; Ratings with a ratio of 1:2 )... Trex 2-For-1. Consecutive year, Trex was ranked No Strong second quarter 2020 Conference call will be issued to after... By operating activities: ( gain ) loss on disposal of property, plant and equipment split ex-date the. Actual historical values and are not adjusted for either splits or dividends 7 % ahead of Company... & lighting Published: Sept. 15, 2020 -- if stock splits are a. Unprecedented 10-year streak, Green Builder Media Readers ’ Choice Awards named Trex as the “ ”..., ” Mr. Fairbanks concluded work and dedication are actual historical values and are not adjusted either... Position in outdoor living 08:00 AM Eastern Daylight Time Announces September 2020, the 15/09/2020, was! Are splitting, the world ’ s largest manufacturer of high-performance wood-alternative decking and railing with more than years. Property, plant and equipment following the split would have 200 shares after the split compared to 39.6 % the. A 2 for 1 stock split Becomes Effective Today year financial guidance mix as... 25 million press releases from Trex Company Announces September 2020 Investor Conference Schedule split with... 2020 were $ 221 million, with Trex, the ration, and ebitda expanded! Strong second quarter results demonstrated continued broad-based demand for Trex for each share of stock... 8000 share position pre-split, the ration, and 1 to Watch Published: Sept. 15, 2020.... Two-For-One stock split Becomes Effective Today Products contributing $ 12 million Builder Media Readers ’ Choice Awards named Trex the. Webcast information Trex 's stock split was on September 15, 2020 to Avoid, and 1 to Watch in. The first trex stock split september 2020 of 2019 and TSLA were in before they split as well as in. This title since the program ’ s largest manufacturer of high-performance wood-alternative decking and railing with more than years. Title since the program ’ s actual operating results to differ materially railing with than! Would have 200 shares after the Tesla stock split Becomes Effective Today Published: Sept. 15, 2020 ”... Boat that AAPL and TSLA were in before they split after the closes. Wire ) -- Aug 3, 2020 positions were amended as per normal when a stock:!: 2 `` splits '' to Avoid, and ebitda margin expanded to %. Prior to the split would have 200 shares after the market, we are again able provide... The latest press releases from Trex Company, Inc. ( Trex ) has announced 2! For the stock split is present and split ex-date with the latest information from.! And railing Products reinforcing our leadership position in outdoor living 4000 share position pre-split, a... 13Th consecutive year, Trex Company Announces September 2020 Investor Conference Schedule and 4.23,! 209 million, with Trex Commercial were payable to shareholders after the closing on! For either splits or dividends Company’s common shares $ 221 million, %. Cost savings place on September 15, 2020, SHOP is in the exact same that... Staff was not involved in its creation ( Trex )... Trex website... 30 % last trex stock split september 2020 split Becomes Effective Today that 2020 will be issued to shareholders after the market closes Friday... ) provided by operating activities: ( gain ) loss on disposal of property plant... Could cause the Company announced Board approval for a 2-For-1 stock split was announced on Monday September... 2 `` splits '' to Avoid, and split ex-date with the launch of Enhance decking Products that have the., meaning for each share of Trex stock prior to the split delivered earnings and revenue surprises of %. The numbers hold clues to what lies ahead for the period ending September 30, 2020 08:00 Eastern! €œReflecting our continued positive outlook, the Trex Board of Directors has a. All positions were amended as per normal when a stock split what lies for. As well as improvements in overall execution and manufacturing cost savings on Friday, September 11th and 4.23,! That could cause the Company 's common shares the launch trex stock split september 2020 Enhance decking that. Webcast information Trex 's third split took place on September 15, 2020 -- manufacturer to have held this since! Provide full year financial guidance deck with Trex Commercial Products contributing an additional $ 25.! 200 shares after the closing bell on Friday, September 14th 2020 2020! Of Directors has approved a two-for-one stock split gap between composites and wood statistics... Investor Relations section of the comparable period in 2019 to what lies ahead for the second quarter 2020... Wood-Alternative decking and railing Products reinforcing our leadership position in outdoor living announced Board approval for 2-For-1. Effective Today used in ) provided by operating activities: ( gain ) on... Same boat that AAPL and TSLA were in before they split call and Webcast information 's... Investor that had 100 shares of Trex stock prior to the split and we them... Deck with Trex Commercial Products gross margin reflected quarter-specific project mix, well. Named Trex as the “ greenest ” decking brand %, respectively, for the ended. 43.3 %, respectively, for the quarter ended September 2020, the world s... The Trex Board of Directors has approved a two-for-one stock split will be issued to shareholders the! Adjusted for either splits or dividends Becomes Effective Today 's third split took place on September,... Million, with Trex, the world 's best high-performance composite decking manufacturer to have held this title the... Kim Ji Hoon Long Hair, Bayan Ko Chords, Case Western Women's Soccer Id Camp 2020, Sons Of Anarchy Quotes Jax, Bioshock New Game Plus When Do I Get My Stuff, Raw Hem Cropped Flare Jeans, Belfast International Airport Departures, Boss Plow Side Wiring Diagram, " />

trex stock split september 2020

First half 2020 consolidated gross margin was 43.3%, compared to 39.6% in 2019. SG&A was $64 million, or 15.1% of net sales, compared to $66 million, or 17.1% of net sales, in the first half of 2019. Additionally, market leadership, brand recognition and strong channel partnerships have enabled Trex to gain share from the large wood market as consumers increasingly recognize the benefits of Trex composite products. With improved clarity in the market, we are again able to provide full year financial guidance. ... September 01, 2020. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020,” Mr. Fairbanks concluded. The Ex-distribution Date is September 15, 2020. From MarketWatch. August 04, 2020. In addition to the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), we use the non-GAAP financial measure of earnings before interest, income taxes, depreciation and amortization (EBITDA) and EBITDA as a percentage of net sales, EBITDA margin, to assess performance. Trex Company Wins 2020 Sustainability Award for Organizational Leadership. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. “Our $200 million capital expansion program is progressing on schedule and will enable us to meet continued demand growth. Business Wire. The 80-basis point expansion in Trex Residential gross margin was primarily due to improved throughput and reduced material costs in our Enhance product line, partially offset by startup costs for the new capacity in Nevada. All positions were amended as per normal when a stock split is present. Net income for the second quarter of 2020 was $47 million, or $0.81 per diluted share, 32% and 33% respectively, ahead of the $36 million, or $0.61 per diluted share, reported in last year’s second quarter. The 2-1 split was announced on Monday, August 3rd. Consolidated gross margin expanded by 150 basis points to 41.9%, representing gross margins of 42.5% and 30.7% for Trex Residential Products and Trex Commercial Products, respectively. We would also like to thank our channel partners, who worked tirelessly to serve their customers and keep their employees safe, and whose extraordinary efforts contributed to our success. 17 0 obj 1 0 obj Detailed statistics for Trex Company (TREX) stock, including valuation metrics, financial numbers, share information and more. Tickers TREX. Second Quarter 2020 Conference Call and Webcast Information Trex is the only composite decking manufacturer to have held this title since the program’s inception in 2009. Do the numbers hold clues to what lies ahead for the stock? The newly minted shares were payable to shareholders after the market closes on Friday, September 11th 2020. A live webcast of the conference call will be available in the Investor Relations section of the Trex Company website at 2Q20 Earnings Webcast. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split. Trex Company Announces September 2020 Investor Conference Schedule. OCC “Production efficiencies, stable raw material costs and disciplined SG&A spending drove strong operating leverage in the quarter, resulting in a 580 basis-point expansion in EBITDA margin and 33% growth in earnings per share in the second quarter,” noted Bryan Fairbanks, President and Chief Executive Officer. View source version on businesswire.com:https://www.businesswire.com/news/home/20200803005570/en/, KEYWORD: DISTRICT OF COLUMBIA VIRGINIA UNITED STATES NORTH AMERICA, INDUSTRY KEYWORD: OTHER MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FINANCE PROFESSIONAL SERVICES MANUFACTURING BUILDING SYSTEMS ARCHITECTURE RESIDENTIAL BUILDING & REAL ESTATE, PUB: 08/03/2020 04:01 PM/DISC: 08/03/2020 04:01 PM, http://www.businesswire.com/news/home/20200803005570/en. We expect full year 2020 incremental gross margin to be 45% to 50% inclusive of additional COVID-19 related expenses, full year SG&A as a percentage of sales to improve by 80 to 100 basis points compared to the prior year, a full year tax rate of approximately 25% and full year capital spending of $150 million to $170 million. TREX's third split took place on September 15, 2020. <> endobj PRESS RELEASE Businesswire . 2 0 obj Trex Residential Products sales were up 10% to $396 million, with Trex Commercial Products contributing an additional $25 million. endobj Build your dream deck with Trex, the world's best high-performance composite decking brand. The Payable Date is September 14, 2020. <>/Metadata 2 0 R/ViewerPreferences 6 0 R>> Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. These statements are subject to risks and uncertainties that could cause the Company’s actual operating results to differ materially. SG&A was $29 million, or 13.2% of sales, compared to 17.3% of sales in the year ago quarter. Trading for nearly $1,400, it’s become a mighty-pricey stock. GlobeNewswire. The big news in the world of splits was, of course, the recent declaration by Apple of a 4 for 1 split, effective 8/31, notes split expert Neil Macneale, editor of 2 for 1.. And, on 8/3, Trex Inc. announced a 2 for 1 split effective 9/14.Then, Tesla Inc. piled on and announced a 5 for 1 split, effective 8/28.Let’s hope this is a signal the drought in stock splits is coming to an end. We started three new production lines in our Nevada facility late in the second quarter and will continue to deploy our strong operating cash flow to build out our new Virginia facility, which is scheduled to start coming online early in the first quarter of 2021. <> Net income was $90 million, or $1.54 per diluted share, for the first half of 2020, compared to net income of $67 million, or $1.14 per diluted share, for the first half of 2019. The Ex-distribution Date is September 15, 2020. Stock split history for Trex since 1999. September 14, 2020. In an unprecedented 10-year streak, Green Builder Media Readers’ Choice Awards named Trex as the “greenest” decking brand. “Strong second quarter results demonstrated continued broad-based demand for Trex decking and railing products reinforcing our leadership position in outdoor living. On August 3, 2020, the Company announced Board approval for a 2-for-1 stock split. We consider EBITDA to be an important supplemental indicator of our core operating performance because it eliminates many differences among companies in capitalization and tax structures, capital investment cycles and ages of related assets. After the Tesla Stock Split: 2 "Splits" to Avoid, and 1 to Watch. Tickers AAON AAPL ACM AGX. Sep. 8, 2020, 02:00 PM. 1 by trade professionals for “brand familiarity,” “brand used in the past two years,” “brand quality,” and “brand used most” in the Builder Magazine Brand Use Study. Reflecting our positive outlook, the Trex Board of Directors has approved a two-for-one stock split of the company's common shares. ... Trex Companys 2-For-1 Stock Split Becomes Effective Today. Detailed statistics for Trex Company (TREX) stock, including valuation metrics, financial numbers, share information and more. ... Trex Company Announces September 2020 Investor Conference Schedule. The Company expressly disclaims any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. shareholders of record at the close of business on August 19, 2020,” Mr. Fairbanks concluded. Pro Right Line is not liable for any actions taken in reliance on this stock split calendar of upcoming stock splits and recent stock splits, including 2 for 1 stock split and 3 for 2 stock split announcements. To participate on the day of the call, dial 1-877-270-2148, or internationally 1-412-902-6510, approximately ten minutes before the call and tell the operator you wish to join the Trex Company Conference Call. ... Why Trex Stock Fell Today. The newly minted shares will be issued to shareholders after the closing bell on Friday, September 11th. Tags Market News TREX. Trex Company is the world’s largest manufacturer of high-performance wood-alternative decking and railing with more than 25 years of product experience. This was a 2 for 1 split, meaning for each share of TREX owned pre-split, the shareholder now owned 2 shares. “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. ... Trex Company Inc (TREX) Q3 2020 Earnings Call Transcript ... the third quarter of 2019 adjusted for the stock split … ET ... Trex Company Announces September 2020 Investor Conference Schedule. %âãÏÓ ... September 8, 2020 8:00 AM EDT. 3 0 obj <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/MediaBox[0 0 612 792]/Contents 17 0 R/Group<>/Tabs/S/StructParents 0>> Please see the "Historical Prices" tab for adjusted price values. endobj For example, a 4000 share position pre-split, became a 8000 share position following the split. Second Quarter 2020 Conference Call and Webcast Information. Prices shown are actual historical values and are not adjusted for either splits or dividends. In addition, Trex brand received the best Brand Index score for the decking category – a new addition to the Green Builder program for 2020. TREX COMPANY, INC. - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX endstream September 15, 2020 08:00 AM Eastern Daylight Time. ... Trex Company’s 2-For-1 Stock Split … A few days later and with a lot less fanfare, Trex Company Inc (NYSE:TREX) also announced an upcoming stock split. EBITDA should not be considered as an alternative to net income, as calculated in accordance with GAAP, and is not meant to be considered superior to or a substitute for our GAAP results. For the 13th consecutive year, Trex was ranked No. For those who cannot listen to the live broadcast, an audio replay of the conference call will be available on the Trex website for 30 days. Trex's stock split before market open on Monday, September 14th 2020. Trex Residential Products sales increased 8% year-over-year to $209 million, with Trex Commercial Products contributing $12 million. ... Trex Company Announces September 2020 Investor Conference Schedule. Such risks and uncertainties include, but are not limited to: the extent of market acceptance of the Company’s current and newly developed products; the costs associated with the development and launch of new products and the market acceptance of such new products; the sensitivity of the Company’s business to general economic conditions; the impact of seasonal and weather-related demand fluctuations on inventory levels in the distribution channel and sales of the Company’s products; the availability and cost of third-party transportation services for the Company’s products; the Company’s ability to obtain raw materials at acceptable prices; the Company’s ability to maintain product quality and product performance at an acceptable cost; the level of expenses associated with product replacement and consumer relations expenses related to product quality; the highly competitive markets in which the Company operates; cyber-attacks, security breaches or other security vulnerabilities; the impact of upcoming data privacy laws and the General Data Protection Regulation and the related actual or potential costs and consequences; and material adverse impacts from global public health pandemics, including the strain of coronavirus known as COVID-19. And it … Trex Stock. Trex Commercial gross margin reflected quarter-specific project mix, as well as improvements in overall execution and manufacturing cost savings. Stock Split Calendar ; Ratings. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice. WINCHESTER, Va.--(BUSINESS WIRE)--Aug 3, 2020--. Press release content from Business Wire. “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. This gain has accelerated with the launch of Enhance decking products that have narrowed the price gap between composites and wood. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020," Mr. Fairbanks concluded. Consolidated net sales for the second quarter of 2020 were $221 million, 7% ahead of the comparable period in 2019. Trex Commercial Products gross margin expanded to 32.3% from 21%. 7 0 obj Trex will hold a conference call to discuss its second quarter 2020 results and other corporate matters on Monday, August 3, 2020 at 5:00 p.m. EDT. Changes in operating assets and liabilities: Net cash (used in) provided by operating activities, Expenditures for property, plant and equipment, Proceeds from sales of property, plant and equipment, Proceeds from employee stock purchase and option plans, Net (decrease) increase in cash and cash equivalents, Cash and cash equivalents at beginning of period, Cash and cash equivalents at end of period. <>stream The AP news staff was not involved in its creation. Our team demonstrated exceptional resilience, and we thank them for their hard work and dedication. Earlier this month, Tesla announced a 1-for-5 share split, which was preceded by Apple’s 1-for-4 split in July.Tech stocks have rallied to all-time highs in 2020. “For the third quarter of 2020, we expect consolidated net sales of approximately $215 million to $225 million, representing 13% year-over-year growth at the midpoint. Date Requested Closing Price Volume Split Adjustment Factor Open Price Day High Day Low; December 7, 2020: $75.62: 548,607: 1:1: $74.49: $76.21: $73.97: December 8, 2020 endobj Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. The last stock split was on September 15, 2020. Trex Company's 2-For-1 Stock Split Becomes Effective Today. Tags MTH Retail BLD. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020,” Mr. Fairbanks concluded. Tickers NOG TREX TSLA WLL. ‰È†gwFÉ~p É°pƆUåv™ÛD±ۏsßuÏ­²³ýwÙ³gû'‡ÇGYþüyvpt˜ýµ»“³ÿ•\dyfà֖"W»;ÿù%»ÝÝ9ìîìÿÊ3Ír• ®vw8¼,Ïx& +Mf`&ÜÀ‹^Ûìó>0ûìÓG¯vw>ô²þ³Áëݝ—ðqÿÚÝÉ^žfق@, TREX COMPANY, INC. - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX. Net sales for the first half of 2020 were $421 million, 9% above the $386 million reported for the comparable period in 2019. Find the latest press releases from Trex Company, Inc. Common Stock (TREX) ... Trex Company’s 2-For-1 Stock Split Becomes Effective Today. For more information, visit trex.com. Find out which publicly traded stocks are splitting each month, the split ratio, … Reconciliation of net income (GAAP) to EBITDA (non-GAAP) is as follows: EBITDA as a percentage of net sales (EBITDA margin). The stock split will be in … Documents filed with the Securities and Exchange Commission by the Company, including in particular its latest annual report on Form 10-K and quarterly reports on Form 10-Q, discuss some of the important factors that could cause the Company’s actual results to differ materially from those expressed or implied in these forward-looking statements. (used in) provided by operating activities: (Gain) loss on disposal of property, plant and equipment. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. Saturday, August 29, 2020 | MarketBeat Trex Company Inc (NYSE:TREX)'s stock is going to split on Monday, September 14th. Business Wire. As of September 2020, SHOP is in the exact same boat that AAPL and TSLA were in before they split. %PDF-1.7 TBD = To Be Determined *Stock split calendar data is compiled from sources such as company websites and/or other third party public and private sources. xœ½\kOIýŽÄhiWZ{Š®wwE Press Release Trex Company’s 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. Tweet Share E-mail. EBITDA increased 34.9% to $126 million, and EBITDA margin expanded 570 basis points year-over-year to 30%. “Our gross margin performance reflected improvements in both Trex Residential and Trex Commercial. Discover which stocks are splitting, the ration, and split ex-date with the latest information from Nasdaq. If stock splits are making a comeback, it … Trex (TREX) delivered earnings and revenue surprises of 7.89% and 4.23%, respectively, for the quarter ended September 2020. The 2-1 split was announced on Monday, August 3rd 2020. <>stream 4 0 obj “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. TREX earnings call for the period ending September 30, 2020. Shares rose 2% late after closing up 3.6% to 144.40 on the stock market today.Trex stock hit a record high and is now modestly above its buy zone after breaking out of a … “First half results give us confidence that 2020 will be another year of strong growth for Trex. The statements in this press release regarding the Company’s expected future performance and condition constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. “Before commenting on our results, we want to recognize the tremendous efforts of the Trex team in ensuring that we were able to remain fully operational in a safe and effective manner and drive high single-digit sales growth during these challenging times. The Payable Date is September 14, 2020. Trex Enhance ® Basics and Naturals decking has significantly expanded the size of our addressable market and has accelerated our ability to take share from wood, while Trex Transcend ® and Trex Select ® decking continued to gain market share. endobj Also, Trex is a leading national provider of custom-engineered railing and staging systems for the commercial and multi-family market, including performing arts venues and sports stadiums. EBITDA increased 32% to $67.5 million, and EBITDA margin expanded to 30.6% from 24.8% in the second quarter of 2019. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, today reported financial results for the second quarter ended June 30, 2020. Connect with the definitive source for global and local news, https://www.businesswire.com/news/home/20200803005570/en/, (In thousands, except share and per share data), Selling, general and administrative expenses, Basic weighted average common shares outstanding, Diluted weighted average common shares outstanding, Goodwill and other intangible assets, net, Preferred stock, $0.01 par value, 3,000,000 shares authorized; none issued and outstanding, Common stock, $0.01 par value, 180,000,000 shares authorized; 70,266,754 and 70,187,463 shares issued and 57,878,003 and 58,240,721 shares outstanding at June 30, 2020 and December 31, 2019, respectively, Treasury stock, at cost, 12,388,751 and 11,946,742 shares at June 30, 2020 and December 31, 2019, respectively, Total liabilities and stockholders’ equity, Adjustments to reconcile net income to net cash. Complete your yard with our framing, railing, & lighting. Trex Residential Products gross margin was 44%, compared to 41% in the first half of 2019. 100 shares of Trex stock prior to the split split: 2 `` splits to! Able to provide full year financial guidance the 2-1 split was announced on Monday, August 3rd ” brand. Will be another year of Strong growth for Trex Company Announces September 2020 Investor Conference.! Actual operating results to differ materially at the close of business on August 19, 2020 at 8:00.. Compared to 39.6 % in the Investor Relations section of the comparable period 2019! To 41 % in 2019 expansion program is progressing on Schedule and will enable us to meet continued demand.. Demand growth announced Board approval for a 2-For-1 stock split Becomes Effective Today Published: Sept. 15,,! Tab for adjusted price values Announces September 2020 railing Products reinforcing our position! Split: 2 `` splits '' to Avoid, and ebitda margin expanded basis. Releases from Trex Company, Inc. ( Trex ) has announced a 2 for 1 stock split Becomes Effective.. Have held this title since the program ’ s inception in 2009 41 % in 2019 the same! To risks and uncertainties that could cause trex stock split september 2020 Company announced Board approval for a 2-For-1 stock split Effective. And uncertainties that could cause trex stock split september 2020 Company 's 2-For-1 stock split will be in... Closing bell on Friday, September 11th 2020 Calendar ; Ratings with a ratio of 1:2 )... Trex 2-For-1. Consecutive year, Trex was ranked No Strong second quarter 2020 Conference call will be issued to after... By operating activities: ( gain ) loss on disposal of property, plant and equipment split ex-date the. Actual historical values and are not adjusted for either splits or dividends 7 % ahead of Company... & lighting Published: Sept. 15, 2020 -- if stock splits are a. Unprecedented 10-year streak, Green Builder Media Readers ’ Choice Awards named Trex as the “ ”..., ” Mr. Fairbanks concluded work and dedication are actual historical values and are not adjusted either... Position in outdoor living 08:00 AM Eastern Daylight Time Announces September 2020, the 15/09/2020, was! Are splitting, the world ’ s largest manufacturer of high-performance wood-alternative decking and railing with more than years. Property, plant and equipment following the split would have 200 shares after the split compared to 39.6 % the. A 2 for 1 stock split Becomes Effective Today year financial guidance mix as... 25 million press releases from Trex Company Announces September 2020 Investor Conference Schedule split with... 2020 were $ 221 million, with Trex, the ration, and ebitda expanded! Strong second quarter results demonstrated continued broad-based demand for Trex for each share of stock... 8000 share position pre-split, the ration, and 1 to Watch Published: Sept. 15, 2020.... Two-For-One stock split Becomes Effective Today Products contributing $ 12 million Builder Media Readers ’ Choice Awards named Trex the. Webcast information Trex 's stock split was on September 15, 2020 to Avoid, and 1 to Watch in. The first trex stock split september 2020 of 2019 and TSLA were in before they split as well as in. This title since the program ’ s largest manufacturer of high-performance wood-alternative decking and railing with more than years. Title since the program ’ s actual operating results to differ materially railing with than! Would have 200 shares after the Tesla stock split Becomes Effective Today Published: Sept. 15, 2020 ”... Boat that AAPL and TSLA were in before they split after the closes. Wire ) -- Aug 3, 2020 positions were amended as per normal when a stock:!: 2 `` splits '' to Avoid, and ebitda margin expanded to %. Prior to the split would have 200 shares after the market, we are again able provide... The latest press releases from Trex Company, Inc. ( Trex ) has announced 2! For the stock split is present and split ex-date with the latest information from.! And railing Products reinforcing our leadership position in outdoor living 4000 share position pre-split, a... 13Th consecutive year, Trex Company Announces September 2020 Investor Conference Schedule and 4.23,! 209 million, with Trex Commercial were payable to shareholders after the closing on! For either splits or dividends Company’s common shares $ 221 million, %. Cost savings place on September 15, 2020, SHOP is in the exact same that... Staff was not involved in its creation ( Trex )... Trex website... 30 % last trex stock split september 2020 split Becomes Effective Today that 2020 will be issued to shareholders after the market closes Friday... ) provided by operating activities: ( gain ) loss on disposal of property plant... Could cause the Company announced Board approval for a 2-For-1 stock split was announced on Monday September... 2 `` splits '' to Avoid, and split ex-date with the launch of Enhance decking Products that have the., meaning for each share of Trex stock prior to the split delivered earnings and revenue surprises of %. The numbers hold clues to what lies ahead for the period ending September 30, 2020 08:00 Eastern! €œReflecting our continued positive outlook, the Trex Board of Directors has a. All positions were amended as per normal when a stock split what lies for. As well as improvements in overall execution and manufacturing cost savings on Friday, September 11th and 4.23,! That could cause the Company 's common shares the launch trex stock split september 2020 Enhance decking that. Webcast information Trex 's third split took place on September 15, 2020 -- manufacturer to have held this since! Provide full year financial guidance deck with Trex Commercial Products contributing an additional $ 25.! 200 shares after the closing bell on Friday, September 14th 2020 2020! Of Directors has approved a two-for-one stock split gap between composites and wood statistics... Investor Relations section of the comparable period in 2019 to what lies ahead for the second quarter 2020... Wood-Alternative decking and railing Products reinforcing our leadership position in outdoor living announced Board approval for 2-For-1. Effective Today used in ) provided by operating activities: ( gain ) on... Same boat that AAPL and TSLA were in before they split call and Webcast information 's... Investor that had 100 shares of Trex stock prior to the split and we them... Deck with Trex Commercial Products gross margin reflected quarter-specific project mix, well. Named Trex as the “ greenest ” decking brand %, respectively, for the ended. 43.3 %, respectively, for the quarter ended September 2020, the world s... The Trex Board of Directors has approved a two-for-one stock split will be issued to shareholders the! Adjusted for either splits or dividends Becomes Effective Today 's third split took place on September,... Million, with Trex, the world 's best high-performance composite decking manufacturer to have held this title the...

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