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Glass Lewis Says Nilesh Undavia Makes Persuasive Case for GrafTech Board Change
Newsfilter· 2024-05-01 19:33
Independent Proxy Firm Calls Out Board's Questionable Stewardship of Shareholder Value, Lack of Oversight and Limited Accountability Recommends Investors Vote the BLUE Universal Proxy Card FOR Mr. Undavia as a Shareholder Representative BOCA RATON, Fla., May 01, 2024 (GLOBE NEWSWIRE) -- Nilesh Undavia, one of the largest shareholders of GrafTech International Ltd. (NYSE:EAF) ("GrafTech" or the "Company"), today announced that Glass, Lewis & Co., LLC ("Glass Lewis"), a leading independent proxy advisory firm ...
Proxy Advisory Service ISS Acknowledges "Existential Issues" Facing GrafTech
Newsfilter· 2024-04-30 00:06
Nilesh Undavia Believes Incumbent Directors Cannot Be Trusted After Destroying 90% of Shareholder Value Another Disappointing Earnings Report Shows GrafTech Appears to Lack Credibility with Investors Independent Analyst Recognizes the Urgent Need for Change BOCA RATON, Fla., April 29, 2024 (GLOBE NEWSWIRE) -- Nilesh Undavia, one of the largest shareholders of GrafTech International Ltd. (NYSE:EAF) ("GrafTech" or the "Company"), today made the following statement in connection with the election of directors ...
GrafTech International(EAF) - 2024 Q1 - Earnings Call Presentation
2024-04-26 22:28
| --- | --- | --- | |-------|-----------------|----------------------------| | | | NYSE: EAF www.graftech.com | | | Q1 2024 Results | | | | April 26, 2024 | | Forward-Looking Statements CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This presentation and related discussions may contain forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect our current views with respect to, among othe ...
GrafTech International(EAF) - 2024 Q1 - Earnings Call Transcript
2024-04-26 22:26
GrafTech International Ltd. Q1 2024 Earnings Conference Call April 26, 2024 10:00 AM ET Company Participants Mike Dillon - VP, IR and Corporate Communications Catherine Delgado - Interim CFO Tim Flanagan - CEO and President Jeremy Halford - COO Conference Call Participants Curt Woodworth - UBS Bill Peterson - JPMorgan Arun Viswanathan - RBC Capital Markets Alex Hacking - Citi Matthew Vittorioso - Jefferies Abraham Landa - Bank of America Kirk Ludtke - Imperial Capital Operator Good morning, ladies and gentl ...
GrafTech International(EAF) - 2024 Q1 - Quarterly Report
2024-04-26 16:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 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: 1-13888 GRAFTECH INTERNATIONAL LTD. (Exact name of registrant as specified in its charter) Delaware 27-2496053 (State ...
GrafTech International (EAF) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-04-26 12:50
GrafTech International (EAF) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.44%. A quarter ago, it was expected that this maker of graphite products would post a loss of $0.21 per share when it actually produced a loss of $0.27, delivering a surprise of -28.57%.Over the last four quarters ...
GrafTech International(EAF) - 2024 Q1 - Quarterly Results
2024-04-26 10:43
EXHIBIT 99.1 GrafTech Reports First Quarter 2024 Results Successfully Executing Strategic Initiatives To Reduce Costs and Preserve Long-term Flexibility BROOKLYN HEIGHTS, Ohio - April 26, 2024 - GrafTech International Ltd. (NYSE: EAF) ("GrafTech," the "Company," "we," or "our") today announced unaudited financial results for the quarter ended March 31, 2024. First Quarter 2024 Highlights CEO Comments "While we are not satisfied with breakeven EBITDA performance, we delivered on our outlook and stated initia ...
Nilesh Undavia Issues Open Letter to Shareholders
Newsfilter· 2024-04-23 20:39
BOCA RATON, Fla., April 23, 2024 (GLOBE NEWSWIRE) -- Nilesh Undavia, one of the largest shareholders of GrafTech International Ltd. (NYSE:EAF) ("GrafTech" or the "Company"), today issued the following open letter to shareholders of the Company in connection with the election of directors for the Company's board of directors (the "Board") at the Company's 2024 annual meeting of shareholders (the "Annual Meeting"), which is scheduled to be held on May 9, 2024: April 23, 2024 Dear Fellow Shareholders, The Annu ...
Undavia Group Files Definitive Proxy Statement and Issues Letter to GrafTech Shareholders
Newsfilter· 2024-04-03 19:51
Urges Shareholders to Vote the Blue Proxy Card to Add Independent, Large Shareholder Perspective to GrafTech Board The Incumbent Board Has Destroyed Enormous Shareholder Value while Paying Itself Approx. $7 million in Director Compensation since 2019 Shareholders Must Act Now to Revive GrafTech BOCA RATON, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- Nilesh Undavia issued the following statement on April 3, 2024: Dear Fellow GrafTech Shareholders: As one of the largest shareholders of GrafTech International Lt ...
GrafTech Statement on Open Letter from Dissident Stockholder
Businesswire· 2024-03-13 13:00
BROOKLYN HEIGHTS, Ohio--(BUSINESS WIRE)--GrafTech International Ltd. (NYSE: EAF) (“GrafTech” or the “Company”) today issued the following response to an open letter to the Company’s stockholders that was issued by Nilesh Undavia, a private investor, on March 12, 2024. Mr. Undavia, along with certain trusts and people affiliated with Mr. Undavia, have provided notice of their intent to nominate Mr. Undavia for election to GrafTech’s Board of Directors (“the Board”) at the Company’s 2024 Annual Meeting of St ...