Acuity Brands, Inc.
Location
Georgia
Founded
1892-02-28
Website
Risk Signals
1488 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Residential Electric Lighting Fixtures, Commercial, Industrial, and Institutional Electric Lighting Fixtures, Lighting Equipment, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Acuity Brands, Inc.
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2007-10-08 (marketwatch.com)
Board of Acuity Brands approves Zep spinoff -
NEW YORK (MarketWatch) - Acuity Brands Inc. on Monday said its board approved the completion of the previously announced spin-off of its specialty products business. The new company will be called Zep Inc., and it is expected to be listed on the New York Stock Exchange under the ticker symbol "ZEP." Acuity Brands will distribute pro rata to its stockholders all of the shares of Zep common stock by means of a stock dividend on Oct. 31. The stock dividend of one share of Zep common stock for every two shares of Acuity Brands common stock will be paid pro rata to holders of Acuity Brands common stock who hold their shares at the close of business on Oct. 17, which is the record date for the distribution. Following the distribution, Acuity Brands will not own any shares of Zep, and Zep will be an independent company.
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