Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  TriMas Corp    TRS

Delayed Quote. Delayed  - 09/23 10:00:00 pm
17.81 USD   -1.17%
09/09 TRIMAS : Rieke Business Adds New Leadership to Accelerate Growth
09/08 TRIMAS' : Rieke Business Adds New Leadership to Accelerate Growth
09/08 Trimas’ Rieke Business Adds New Leadership to Accelerate Gr..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

TriMas Corp : TriMas Corporation Announces Sale of 1,500,000 Shares of Common Stock by Stockholder

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/27/2013 | 10:30pm CEST

TriMas Corporation (NASDAQ: TRS) today announced that Heartland Industrial Associates, L.L.C., has agreed to sell 1,500,000 shares of its common stock to Goldman, Sachs & Co. as the sole underwriter in the registered public offering of those shares. All net proceeds from the sale of the common stock will be received by the selling stockholder. TriMas Corporation will not receive any of the proceeds. The total number of outstanding shares of TriMas Corporation's common stock will not change as a result of this offering.

The shares are being sold by the selling stockholder pursuant to an effective shelf registration statement. Goldman, Sachs & Co. may offer the shares of common stock from time to time for sale in one or more transactions on the NASDAQ Global Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.

A copy of the prospectus relating to these securities may be obtained, when available, from Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, or by emailing prospectus-ny@ny.email.gs.com. Alternatively, interested parties may also obtain these documents, free of charge, by visiting EDGAR on the SEC Web site at www.sec.gov.

This press release shall not constitute an offer to sell, nor the solicitation of an offer to buy, TriMas Corporation's common stock or any other securities, nor shall there be any sale of securities mentioned in this press release in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Cautionary Notice Regarding Forward-looking Statements

Any "forward-looking" statements contained herein, including those relating to market conditions or the Company's financial condition and results, expense reductions, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including, but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company's business and industry, the Company's leverage, liabilities imposed by the Company's debt instruments, market demand, competitive factors, supply constraints, material and energy costs, technology factors, litigation, government and regulatory actions, the Company's accounting policies, future trends, and other risks which are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2012. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

About TriMas

Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ: TRS) provides engineered and applied products for growing markets worldwide. TriMas is organized into six reportable segments: Packaging, Energy, Aerospace & Defense, Engineered Components, Cequent Asia Pacific and Cequent Americas. TriMas has approximately 5,500 employees at more than 60 different facilities in 17 countries.

TriMas Corporation
Sherry Lauderback
Vice President, Investor Relations
& Communications
(248) 631-5506
sherrylauderback@trimascorp.com


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TRIMAS CORP
09/09 TRIMAS : Rieke Business Adds New Leadership to Accelerate Growth
09/08 TRIMAS' : Rieke Business Adds New Leadership to Accelerate Growth
09/08 Trimas’ Rieke Business Adds New Leadership to Accelerate Growth
08/12 TRIMAS CORP : Change in Directors or Principal Officers (form 8-K)
07/30 MPG OFFICE : TriMas Corp. Appoints New CEO
07/29 MPG OFFICE : TriMas Appoints Thomas A. Amato President and Chief Executive Offic..
07/28 TRIMAS : Management's Discussion and Analysis of Financial Condition and Results..
07/28 TRIMAS CORP : Change in Directors or Principal Officers (form 8-K)
07/28 TRIMAS CORP : Results of Operations and Financial Condition, Financial Statement..
07/28 TRIMAS : meets 2Q profit forecasts
More news
Sector news : Non-Paper Containers & Packaging - NEC
09/01DJAMCOR : in $280 Million Deal to Buy North American Speciality Containers Busines..
08/25DJAMCOR : Flags Growth Ahead after Net Profit Falls 64%
08/17DJBRAMBLES : Forecasts Higher FY17 Profit Despite Headwinds
08/04DJBRAMBLES : to Create Energy Container JV with Hoover Container Solutions
06/20DJBALL : EU Clears Path for Ball, Rexam Acquisition to Proceed
More sector news : Non-Paper Containers & Packaging - NEC
News from SeekingAlpha
07/28 TriMas Corporation 2016 Q2 - Results - Earnings Call Slides
07/28 TriMas (TRS) David M. Wathen on Q2 2016 Results - Earnings Call Transcript
07/28 Trimas EPS in-line, misses on revenue
04/28 TriMas (TRS) David M. Wathen on Q1 2016 Results - Earnings Call Transcript
04/28 Trimas beats by $0.01, beats on revenue
Advertisement
Financials ($)
Sales 2016 816 M
EBIT 2016 97,9 M
Net income 2016 48,4 M
Debt 2016 341 M
Yield 2016 -
P/E ratio 2016 17,72
P/E ratio 2017 12,81
EV / Sales 2016 1,41x
EV / Sales 2017 1,29x
Capitalization 810 M
More Financials
Chart TRIMAS CORP
Duration : Period :
TriMas Corp Technical Analysis Chart | TRS | US8962152091 | 4-Traders
Full-screen chart
Technical analysis trends TRIMAS CORP
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 20,3 $
Spread / Average Target 14%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Thomas A. Amato President, Chief Executive Officer & Director
Samuel Valenti Chairman
Robert J. Zalupski Chief Financial Officer
Dan Platt Tredwell Independent Director
Marshall A. Cohen Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TRIMAS CORP-4.50%810
BRAMBLES LIMITED4.75%14 691
BALL CORPORATION9.09%13 823
AMCOR LIMITED12.35%13 364
SEALED AIR CORP4.44%9 162
CROWN HOLDINGS, INC.7.02%7 579
More Results