Previous Close | 31.34 |
Open | 31.02 |
Bid | 31.71 x 900 |
Ask | 31.74 x 900 |
Day's Range | 31.08 - 31.97 |
52 Week Range | 25.16 - 37.08 |
Volume | |
Avg. Volume | 1,607,553 |
Market Cap | 3.722B |
Beta (5Y Monthly) | 1.85 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -12.13 |
Earnings Date | Feb 04, 2025 - Feb 10, 2025 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Sep 09, 2022 |
1y Target Est | 36.88 |
The head of European planemaker Airbus said talks to finalise the takeover of part of troubled U.S. aerostructures supplier Spirit Aerosystems were going smoothly but that bringing it into Airbus would "not be a walk in the park". Airbus plans to take over the running of four Spirit plants associated with its A350 and A220 jetliner programmes as part of a loosely coordinated plan to carve up the company with Boeing, which is buying back almost all the rest of its former unit. The rare act of cooperation between business foes reflects concerns that the rapid decline of one of the industry's key suppliers, spun off from Boeing almost 20 years ago, could have spread havoc through the world's largest planemakers.
Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) ("Spirit," "Spirit AeroSystems" or the "Company") announces a purchase agreement to sell Fiber Materials, Inc ("FMI") business based in Biddeford, Maine, and Woonsocket, Rhode Island, to Tex-Tech Industries, Inc. ("Tex-Tech") for $165,000,000 in cash, subject to customary adjustment.