Neo Performance Materials Inc. is listed on the Toronto Stock Exchange under the ticker symbol “NEO.” A profitable, dividend-paying company with a strong balance sheet and robust cash-flow generation, Neo is well positioned in markets that are forecast to see robust, long-term growth driven by multiple global macro trends. These trends include vehicle electrification, industrial automation, consumer electronics, energy efficient lighting, air and water pollution control, and greater use of superalloys.
Neo Performance Materials Inc. (TSX: NEO) released its first-quarter 2021 financial results. Neo reported very strong results in the first quarter of 2021, driven largely by the economic recovery from the impact of COVID-19 and supply chains being refilled.
Neo Performance Materials Inc. will report its first-quarter results for the period ended March 31, 2021, before the Toronto market opens on Thursday, May 13, 2021.
Neo Performance Materials announces that it has completed the previously announced secondary offering of common shares. A fund managed by Oaktree Capital Management, L.P. sold an aggregate of 4,600,000 Common Shares under the Offering at a price of $19.75 per share for total gross proceeds to the Selling Shareholder of $90.85 million.
Sustainability is not a buzzword at Neo. It is part of the DNA of our Company. Our advanced industrial materials are critical to technologies that reduce air and water pollution, achieve better fuel economy, increase energy efficiency, and reduce greenhouse gases and other air emissions. We also work hard to manufacture our products using sustainable practices that reduce environmental impacts throughout our supply chain. See examples of our commitment to sustainability in this video.