Linde praxair latest news update#

In XETRA trading, LindeвЂ™s shares eventually rose 0.91 percent to в‚¬272.05. Linde will release third-quarter results this Thursday. Dividends will be paid on December 17 to all shareholders as of December 3. A similar decision has now been made by the board of directors, the company announced in Guilford, UK. In addition, Linde Gas North America LLC has merged into the new company. Shareholders of industrial gases group Linde will receive a dividend of $1.06 per share in the fourth quarter - as much as they did in the first three. welding, industrial, medical, and specialty gas distribution business, Praxair Distribution Inc., has changed its name to Linde Gas & Equipment Inc.

Linde praxair latest news update#

Linde also pays a dividend of $1.06 for the fourth quarter As Praxair and Linde AG work to integrate our operations, we will also integrate and update the information on our websites. At the same time, Linde nominated other directors to the supervisory board, including former Siemens president Joe Kaiser. Reitzle will retire after 20 years at Linde. Angel has been president of the company since LindeвЂ™s merger with American competitor Praxair in 2018. News of the merger, which will reunite a global Linde group that was split a century ago by World War One, sent Praxair shares in the United States to a record high. Lamba has been responsible for the operational business at Linde since October 2020.ДЄngel will move to the supervisory board and replace Wolfgang Reitzle as lead supervisor.

There was already speculation about the change. Linde Plc, the industrial gases group created from the merger of Linde AG and Praxair, said first quarter income from continuing operations, adjusted for one-off. Effective March 1, 2022, Sanjeev Lamba will take over as current CEO Steve Angel, the company announced on Monday.