AUBURN HILLS, Mich., Aug. 21, 2024 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of America's Best-In-State Employers 2024, marking the third consecutive year the company has made the list. This prestigious award is presented by Forbes and Statista Inc., the leading statistics portal and industry ranking provider. The award list was announced on August 20th, 2024, and can be viewed on the Forbes website. America's Best-In-State Employers 2024 have been identified in an independent survey fr ...

One way that companies increase shareholder value is through stock buybacks. This is a process in which a company reduces the number of outstanding shares available to investors and increases the company's earnings per share. Investors will hear the term share repurchases used synonymously with stock buybacks. Stock buybacks are one action that a company takes when it believes its stock is undervalued. Generally, stock prices rise after buybacks because investors become more bullish on the stock's prospects ...

AUBURN HILLS, Mich., Aug. 16, 2024 /PRNewswire/ -- BorgWarner has been named a winner in PR Daily's Social Media & Digital Awards in both the LinkedIn and Twitter/X categories. PR Daily's Social Media & Digital Awards celebrates the organizations, people and teams that know how to earn audience attention online. They are continuing to advance the fields of social media and digital communications, leading to success for their organizations or clients. BorgWarner has been named a winner in PR Daily's Social M ...

AUBURN HILLS, Mich., Aug. 14, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced the expiration and final results of its previously announced tender offers (the "Tender Offers") to purchase for cash any and all of the Company's outstanding 3.375% Senior Notes due 2025 (the "3.375% Notes") and 5.000% Senior Notes due 2025 (the "5.000% Notes" and collectively with the 3.375% Notes, the "Notes"), on the terms and conditions set forth in the Offer to Purchase, dated August 7, 2024 ...

AUBURN HILLS, Mich., Aug. 13, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced that it has priced the previously announced tender offers (the "Tender Offers") to purchase for cash any and all of the Company's outstanding 3.375% Senior Notes due 2025 and 5.000% Senior Notes due 2025 (collectively, the "Notes"). All terms and conditions set forth in the Offer to Purchase, dated August 7, 2024 (the "Offer to Purchase") and the related Notice of Guaranteed Delivery attached to th ...

AUBURN HILLS, Mich., Aug. 7, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("BorgWarner" or the "Company") announced today it priced a public offering of $500 million aggregate principal amount of its 4.950% Senior Notes due 2029 (the "2029 Notes") and $500 million aggregate principal amount of its 5.400% Senior Notes due 2034 (the "2034 Notes" and, together with the 2029 Notes, the "Senior Notes"). The Company expects that it will receive approximately $987 million of net proceeds from the offering afte ...

AUBURN HILLS, Mich., Aug. 7, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, the "Notes," and each a "series"). | --- | --- | --- | --- | --- | --- | |------------------------------|-----------------------|------------------------------|-----------------------------------------|--------------------------|--------------| | Title of Securi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q QUARTERLY REPORT (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number: 1-12162 BORGWARNER INC. ________________________________________________ (Exact name of registrant as specified in i ...

BorgWarner Inc. (NYSE:BWA) Q2 2024 Earnings Conference Call July 31, 2024 9:30 AM ET Company Participants Conference Call Participants John Murphy - Bank of America Colin Langan - Wells Fargo Chris McNally - Evercore Joe Spak - UBS Dan Levy - Barclays Mark Delaney - Goldman Sachs Adam Jonas - Morgan Stanley James Picariello - BNP Paribas Starting with foreign currencies. Our guidance now assumes an expected full year sales headwind from weaker foreign currencies of $175 million compared to 2023. This is als ...

10 Countries eProduct Growth eProduct Profitability Maximize Foundational Value $2.5-$2.8B 2024E eProduct Sales Guidance ▪ 88% of 2022 sales from clean and emissionsreducing products ▪ Commitment to carbon neutrality by 2035 ▪ 338 engineers enrolled in three cohorts Combustion Combustion + Advanced Hybrid Resilient Product Portfolio Well-Positioned for Growth Believe Foundational Portfolio Positioned for Outgrowth 11 | --- | --- | --- | --- | --- | --- | |--------|--------|---------------------------------| ...