Corning Inc. Files 8-K on Stock and Debt Notes
Ticker: GLW · Form: 8-K · Filed: Mar 1, 2024 · CIK: 24741
Sentiment: neutral
Topics: debt, stock
TL;DR
Corning filed an 8-K confirming details on its common stock and outstanding 2026 and 2031 notes.
AI Summary
On March 1, 2024, Corning Incorporated filed an 8-K report to disclose information regarding its common stock and outstanding notes. The filing confirms details about its common stock with a par value of $0.50 per share and its 3.875% notes due in 2026 and 4.125% notes due in 2031.
Why It Matters
This filing provides an update on Corning's capital structure, specifically detailing its common stock and outstanding debt obligations, which is important for investors assessing the company's financial health.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of existing financial instruments and does not indicate new risks or significant changes.
Key Numbers
- $0.50 — Common Stock Par Value (Represents the nominal value per share of Corning's common stock.)
Key Players & Entities
- Corning Incorporated (company) — Registrant
- 3.875% notes due 2026 (dollar_amount) — Outstanding debt
- 4.125% notes due 2031 (dollar_amount) — Outstanding debt
- March 1, 2024 (date) — Filing date
FAQ
What is the par value of Corning Incorporated's common stock?
The par value of Corning Incorporated's common stock is $0.50 per share.
What are the maturity dates for the notes mentioned in the filing?
The filing mentions 3.875% notes due in 2026 and 4.125% notes due in 2031.
What type of filing is this for Corning Incorporated?
This is a Form 8-K, a Current Report filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
On what date was this 8-K report filed?
The report was filed on March 1, 2024.
What is the principal executive office address for Corning Incorporated?
The address of the principal executive offices is One Riverfront Plaza, Corning, New York 14831.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-03-01 16:07:04
Key Financial Figures
- $0.50 — nge on which registered Common Stock, $0.50 par value per share GLW New York St
Filing Documents
- glw4303841-8k.htm (8-K) — 24KB
- 0001206774-24-000219.txt ( ) — 238KB
- glw-20240301.xsd (EX-101.SCH) — 4KB
- glw-20240301_pre.xml (EX-101.PRE) — 25KB
- glw-20240301_lab.xml (EX-101.LAB) — 36KB
- glw-20240301_def.xml (EX-101.DEF) — 26KB
- glw4303841-8k_htm.xml (XML) — 6KB
01
Item 7.01 Regulation FD Disclosure. On March 5, 2024, Edward Schlesinger, Executive Vice President and Chief Financial Officer of Corning Incorporated, will be speaking at the Morgan Stanley Technology, Media & Telecom Conference, starting at 11:00AM (ET). Mr. Schlesinger will be providing business updates. A live audio webcast of the presentation will be available on investor.corning.com under Events and Presentations. A replay and transcript of the webcast will be available for 12 months following the presentation. The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liabilities under that section and shall not be deemed to be incorporated by reference into any document filed under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
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. CORNING INCORPORATED By: /s/ Linda E. Jolly Name: Linda E. Jolly Title: Vice President and Corporate Secretary Date: March 1, 2024