PPG Industries Files 8-K on Financials and Debt
Ticker: PPG · Form: 8-K · Filed: 2024-07-18T00:00:00.000Z
Sentiment: neutral
Topics: financial-condition, debt, disclosure
TL;DR
PPG dropped an 8-K detailing its debt notes due 2025-2029.
AI Summary
On July 18, 2024, PPG Industries, Inc. filed an 8-K report detailing its financial condition and results of operations. The filing includes information on various debt instruments, such as notes due in 2025, 2027, and 2029, indicating ongoing financial activities and obligations.
Why It Matters
This filing provides insight into PPG Industries' current financial standing and its various outstanding debt obligations, which can impact investor and creditor confidence.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not indicate any immediate or significant risks.
Key Numbers
- 2025 — Notes Due (Maturity year for specific debt instruments)
- 2027 — Notes Due (Maturity year for specific debt instruments)
- 2029 — Notes Due (Maturity year for specific debt instruments)
Key Players & Entities
- PPG INDUSTRIES, INC. (company) — Registrant
- July 18, 2024 (date) — Date of report
- Pennsylvania (jurisdiction) — State of Incorporation
- One PPG Place, Pittsburgh, Pennsylvania, 15272 (address) — Business Address
FAQ
What specific financial information is detailed in this 8-K filing?
This 8-K filing primarily reports on PPG Industries, Inc.'s results of operations and financial condition, including details on various debt notes.
What are the maturity dates of the debt instruments mentioned in the filing?
The filing mentions debt instruments with maturity dates in 2025, 2027, and 2029.
When was this 8-K report filed?
The report was filed on July 18, 2024.
What is the state of incorporation for PPG Industries, Inc.?
PPG Industries, Inc. is incorporated in Pennsylvania.
What is the primary business of PPG Industries, Inc. according to the filing?
PPG Industries, Inc. is listed under the Standard Industrial Classification for Paints, Varnishes, Lacquers, Enamels & Allied Products.
Filing Stats: 538 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-07-18 16:21:32
Key Financial Figures
- $1.66 — ch registered Common Stock, par value $1.66 2/3 PPG New York Stock Exchange 0.875
Filing Documents
- ppg-20240718.htm (8-K) — 33KB
- exhibit99-2q2024earningsre.htm (EX-99) — 199KB
- ppga21.jpg (GRAPHIC) — 179KB
- 0000079879-24-000163.txt ( ) — 671KB
- ppg-20240718.xsd (EX-101.SCH) — 3KB
- ppg-20240718_def.xml (EX-101.DEF) — 16KB
- ppg-20240718_lab.xml (EX-101.LAB) — 30KB
- ppg-20240718_pre.xml (EX-101.PRE) — 17KB
- ppg-20240718_htm.xml (XML) — 6KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On July 18, 2024, PPG Industries, Inc. ("PPG") issued the press release attached hereto as Exhibit 99, which is incorporated by reference herein. The information furnished pursuant to this Item 2.02 shall in no way be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, except if PPG specifically incorporates it by reference into a filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are being furnished as part of this Report. Exhibit Number Description 99 Earnings press release of PPG Industries, Inc. dated July 18, 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. PPG INDUSTRIES, INC. (Registrant) Date: July 18, 2024 By: /s/ Vincent J. Morales Vincent J. Morales Senior Vice President and Chief Financial Officer