Market Closed - Nyse Other stock markets | 5-day change | 1st Jan Change | ||
28.7 USD | -0.55% | | -0.07% | -6.12% |
Jun. 12 | Quanex Expects Tyman Takeover to Conclude on Schedule | MT |
Jun. 07 | Transcript : Quanex Building Products Corporation, Q2 2024 Earnings Call, Jun 07, 2024 |
June 18, 2024 at 08:42 am EDT
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The Vanguard Group, Inc. ( )
Form 8.3 - The Vanguard Group, Inc.: Quanex Building Products Corporation
18-Jun-2024 / 13:41 GMT/BST
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the “Code”)
1.KEY INFORMATION
(a)Full name of discloser: | The Vanguard Group, Inc. |
(b)Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. | |
(c)Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Quanex Building Products Corporation |
(d)If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: | |
(e)Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 17 June 2024 |
(f)In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state “N/A” | No |
2.POSITIONS OF THE PERSON MAKING THE DISCLOSURE
If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.
- Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)
Class of relevant security: | Common | |||
Interests | Short positions | |||
Number | % | Number | % | |
(1)Relevant securities owned and/or controlled: | 3,721,510 | 11.24% | ||
(2)Cash-settled derivatives: | ||||
(3)Stock-settled derivatives (including options) and agreements to purchase/sell: | ||||
TOTAL: | 3,721,510 | 11.24% |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form8 (Open Positions).
(b)Rights to subscribe for new securities (including directors’ and other employee options)
Class of relevant security in relation to which subscription right exists: | |
Details, including nature of the rights concerned and relevant percentages: |
3.DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a)Purchases and sales
Class of relevant security | Purchase/sale | Number of securities | Price per unit |
Common | Purchase | 8,670 | 29.37 USD |
(b)Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
(c)Stock-settled derivative transactions (including options)
(i)Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii)Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
(d)Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if applicable) |
4.OTHER INFORMATION
(a)Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none” |
none |
(b)Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i)the voting rights of any relevant securities under any option; or (ii)the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none” |
none |
(c)Attachments
Is a Supplemental Form 8 (Open Positions) attached? | No |
Date of disclosure: | 18 June 2024 |
Contact name: | Shawn Acker |
Telephone number*: | 001-610-669-6713 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.
*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Category Code: | RET - Quanex Building Products Corporation |
TIDM: | |
LEI Code: | 5493002789CX3L0CJP65 |
Sequence No.: | 328754 |
EQS News ID: | 1927921 |
End of Announcement | EQS News Service |
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© EQS - 2024
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Company Profile
Quanex Building Products Corporation manufactures components for original equipment manufacturers (OEM) in the building products industry. The Company's components can be categorized as window and door (fenestration) components, and kitchen and bath cabinet components. Its fenestration components include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, and precision-formed metal and wood products. It operates through three segments: North American Fenestration segment, which is engaged in manufacturing vinyl profiles, insulating glass (IG) spacers, screens and other fenestration components; European Fenestration segment, which includes United Kingdom-based vinyl extrusion business, manufacturing vinyl profiles and conservatories, and the European insulating glass business manufacturing IG spacers, and North American Cabinet Components segment, which includes North American cabinet door and components business and two wood-manufacturing plants.
Sector
Calendar
2024-07-12
Related indices
Russell 2000
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Ratings for Quanex Building Products Corporation
Trading Rating
Investor Rating
ESG Refinitiv
B
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Analysts' Consensus
Sell
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
28.7USD
Average target price
38.33USD
Spread / Average Target
+33.57%
Consensus
EPS Revisions
Estimates Revisions
Quarterly earnings - Rate of surprise
Company calendar
1st Jan change | Capi. | |
---|---|---|
QUANEX BUILDING PRODUCTS CORPORATION | -6.12% | 944M |
SAINT-GOBAIN | +9.69% | 39.54B |
ASSA ABLOY AB | +2.41% | 31.33B |
CARLISLE COMPANIES INCORPORATED | +33.54% | 19.81B |
BUILDERS FIRSTSOURCE, INC. | -14.23% | 17.48B |
MASCO CORPORATION | +1.28% | 14.96B |
TREX COMPANY, INC. | -5.77% | 8.48B |
FORTUNE BRANDS INNOVATIONS, INC. | -11.86% | 8.39B |
SIMPSON MANUFACTURING CO., INC. | -13.31% | 7.24B |
AGC INC. | +0.57% | 7B |
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