NACCO Industries : Announces Completion Of Spin-off
October 02, 2017 at 06:05 pm
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CLEVELAND, Oct. 2, 2017 /PRNewswire/ -- NACCO Industries, Inc. (NYSE: NC) announced today the spin-off of its housewares-related business to NACCO stockholders of record as of Tuesday, September 26, 2017 was completed on Friday, September 29, 2017. At the close of business on Friday, NACCO distributed a dividend of one share of Hamilton Beach Brands Holding Company Class A and one share of Hamilton Beach Brands Holding Company Class B Common stock to holders of each share of NACCO Class A and Class B Common stock. No cash dividend was paid by NACCO Industries, Inc. as part of this transaction.
About NACCO Industries, Inc. NACCO Industries, Inc. is an operating holding company for The North American Coal Corporation, which mines coal primarily for use in power generation and provides value-added services for natural resource companies.
You may obtain a copy of the final prospectus regarding the spin-off without cost from Hamilton Beach Brands Holding Company by going to www.hamiltonbeachbrands.com or by contacting Investor Relations at (440) 229-5130.
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SOURCE NACCO Industries, Inc.
NACCO Industries Inc. published this content on 02 October 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 October 2017 17:04:06 UTC.
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NACCO Industries, Inc. is a holding company. It brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. The Companyâs segments include Coal Mining, North American Mining (NAMining) and Minerals Management. The Coal Mining segment operates surface coal mines for power generation companies. The NAMining segment is a mining partner for producers of aggregates, activated carbon, lithium and other industrial minerals. The Minerals Management segment, which includes the Catapult Mineral Partners (Catapult) business, acquires and promotes the development of mineral interests. Mitigation Resources of North America (Mitigation Resources) provides stream and wetland mitigation solutions. NAMining provides contract mining services for independently owned mines and quarries, creating value for its customers by performing the mining aspects of its customersâ operations.