Kaiser Aluminum Relocates HQ to Franklin, TN

TL;DR

**Kaiser Aluminum moved its HQ to Franklin, TN, effective January 11, 2024.**

AI Summary

Kaiser Aluminum Corporation filed an 8-K on January 11, 2024, to update its principal executive offices from Foothill Ranch, CA to 1550 West McEwen Drive, Suite 500, Franklin, Tennessee 37067. This move signifies a change in the company's operational base, which could impact local employment and potentially streamline management, making it relevant for investors monitoring the company's strategic and operational efficiency.

Why It Matters

This relocation could signal a strategic shift in operations or a move to a more favorable business environment, potentially impacting overhead costs and talent acquisition for Kaiser Aluminum.

Risk Assessment

Risk Level: low — The filing reports a routine administrative change of address, which typically carries minimal direct financial risk.

Analyst Insight

Investors should note the administrative change but recognize it's unlikely to have a direct material impact on the company's financial performance or stock price. It might be worth monitoring for any subsequent announcements regarding strategic reasons for the move.

Key Players & Entities

• KAISER ALUMINUM CORPORATION (company) — the registrant filing the 8-K
• Delaware (company) — state of incorporation for Kaiser Aluminum Corporation
• Foothill Ranch, CA (company) — Kaiser Aluminum's former principal executive offices
• 1550 West McEwen Drive, Suite 500, Franklin, Tennessee 37067 (company) — Kaiser Aluminum's new principal executive offices
• January 11, 2024 (date) — date of the earliest event reported in the 8-K

Forward-Looking Statements

• Kaiser Aluminum will experience minor, temporary operational disruptions due to the headquarters relocation. (KAISER ALUMINUM CORPORATION) — low confidence, target: 2024-06-30

FAQ

Key Financial Figures

• $0.01 — ch registered Common stock, par value $0.01 per share KALU Nasdaq Global Select
• $0.77 — ly cash dividend on its common stock of $0.77 per share. The dividend will be payable

Filing Documents

• kalu-20240111.htm (8-K) — 38KB
• kalu-ex99_1.htm (EX-99.1) — 12KB
• img29542054_0.jpg (GRAPHIC) — 62KB
• 0000950170-24-004008.txt ( ) — 249KB
• kalu-20240111.xsd (EX-101.SCH) — 24KB
• kalu-20240111_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. On January 11, 2024, Kaiser Aluminum Corporation announced that its board of directors declared a quarterly cash dividend on its common stock of $0.77 per share. The dividend will be payable on February 15, 2024 to stockholders of record as of the close of business on January 25, 2024. A copy of the press release is attached hereto as Exhibit 99.1. The information contained in the press release shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (“Exchange Act”), or otherwise subject to liability of that section. In addition, this information shall not be incorporated by reference into any registration statement or other document filed under the Securities Act, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in the filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. Exhibit Number Description 99.1 Press release dated January 11, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KAISER ALUMINUM CORPORATION Date: January 11, 2024 By: /s/ Cherrie. I. Tsai Cherrie I. Tsai Vice President, Deputy General Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR