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16.03.26 - 16:39
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TriMas Completes the Divestiture of TriMas Aerospace (Business Wire)
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Transaction Sharpens Company Focus and Strengthens Platform for Future GrowthBLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that it has completed the previously announced divestiture of the TriMas Aerospace business (“TriMas Aerospace”) to PennAero, a portfolio company of Tinicum L.P. and funds managed by Blackstone, Inc. The transaction, first disclosed on November 4, 2025, was completed for approximately $1.45 billion in cash, subject to customary post‑closing adjustments, with estimated net after-tax proceeds of approximately $1.2 billion.
“This transaction represents a significant milestone in TriMas' ongoing transformation, further sharpening our focus and enhancing our financial flexibility,” said Thomas Snyder, President and Chief Executive Officer. “As we noted previously, we expect to use the net proceeds to support organic growth investments, pursue strategically aligned acquisition opportunities and repurchase shares. Whether through customer-focused...
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26.02.26 - 19:45
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TriMas (TRS) Lags Q4 Earnings Estimates (Zacks)
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TriMas (TRS) delivered earnings and revenue surprises of -2.44% and +9.47%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?...
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26.02.26 - 14:03
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TriMas Reports Fourth Quarter and Full Year 2025 Results (Business Wire)
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Full‑year and fourth quarter 2025 results in line with Company expectations
Repurchased more than three million shares during fourth quarter; today announced an increase in share repurchase authorization
Implemented cost reduction initiatives expected to generate $15 million in annualized savings
Aerospace moved to Discontinued Operations; divestiture on track to close in first quarter 2026
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the fourth quarter and full year ended December 31, 2025.
Summary
($ in millions, except per share amounts)
Twelve months ended December 31,
As Reported
Adjusted(1,2)
2025
2024
% Change
2025
2024
% Change
Net sales
TriMas Continuing Operations
$
645.7
$
630.8
2.4
%
$
645.7
$
630.8
2.4
%
Aerospace - Discontinued Operations
396.4
294.2
34.7
%
396.4
294.2
34.7
%
Total Company
$
1,042.2
$
925.0
...
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26.02.26 - 14:03
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TriMas Announces Increased Share Repurchase Authorization to $150 Million (Business Wire)
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Increased Authorization After Repurchasing Over Three Million Shares in Fourth Quarter 2025BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its Board of Directors has increased the Company's common stock share repurchase authorization to a total of up to $150 million, adding to the $48.9 million remaining under the previous authorization.
During 2025, TriMas repurchased 3,124,866 shares of its outstanding common stock for $103.3 million, with more than three million shares repurchased since the announcement of the Aerospace divestiture. As of December 31, 2025, the Company had approximately 37.6 million shares outstanding.
“Increasing our share repurchase authorization to $150 million reflects our confidence in TriMas' long‑term value,” said Thomas Snyder, TriMas President and Chief Executive Officer. “As we continue to focus our portfolio and deploy capital with discipline, this expanded authorization provides additional flexibility to repurchase shares as we ...
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19.02.26 - 15:06
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TriMas Declares Quarterly Dividend (Business Wire)
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BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that its Board of Directors declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on March 6, 2026, to shareholders of record as of the close of business on February 27, 2026.
About TriMas
TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Powered by 3,900 dedicated employees in 13 countries, we provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.
Notice Regarding Forward-Looking Statements
Any "forward-looking" statements, within the meaning of Section 27A of the ...
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02.02.26 - 16:03
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TriMas Announces Fourth Quarter and Full Year 2025 Earnings Conference Call Date (Business Wire)
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BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its fourth quarter and full year 2025 earnings conference call on Thursday, February 26, 2026. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of fourth quarter and full year 2025 earnings results at 8 a.m. that day.
To participate on the earnings conference call, please dial: (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside the U.S. and Canada) and ask to be connected to the TriMas fourth quarter and full year 2025 earnings conference call. The conference call will also be simultaneously webcast via TriMas' website at www.trimas.com, under the “Investors” section, with an accompanying slide presentation.
If you are unable to attend the live teleconference, a replay will be available beginning February 26 and will remain accessible through March 12. To access the replay, please dial: (877) 660-6853 (U.S. and Canada) or +1 (201) 612-7415 (outside ...
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04.12.25 - 19:03
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TriMas Announces New Chief Financial Officer (Business Wire)
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BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the appointment of Paul Swart as Chief Financial Officer, effective December 15, 2025. Paul will report to Thomas Snyder, TriMas President and Chief Executive Officer, and will succeed Teresa Finley, Interim Chief Financial Officer and TriMas Board Member.
Paul brings more than 25 years of strategic leadership and financial oversight experience, including two decades in key operational and corporate finance and accounting roles at TriMas prior to his recent tenure at RealTruck. Most recently, he served in the roles of Senior Vice President of Finance and Chief Accounting Officer at RealTruck, where he led all aspects of accounting, financial reporting, tax, treasury and financial transformation. During his tenure, Paul also oversaw financial diligence, planning and integration for multiple acquisitions, driving synergy realization and performance to achieve strategic investment objectives. He partnered closely with executive le...
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