WESTFORD, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it received orders with a combined value of $18 million from three lumber producers in North America and Europe since its first quarter earnings call. The capital equipment orders are expected to ship between the end of 2025 and the third quarter of 2026. The equipment and technologies to be supplied will be used to debark, strand, chip, and batch feed whole logs and lumber wastewood to produce oriented strand board (OSB) and dimensional lumber. Smart technology systems developed by Kadant will further optimize the wood processing operations by leveraging key data in the production process.

WESTFORD, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $50 million of its equity securities effective May 15, 2025 through May 15, 2026. Repurchases may be made in public or private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans. The timing and amount of any repurchases will be at the discretion of Company management and will be based on market conditions and other considerations, including limitations contained in our credit agreement entered into on March 1, 2017, as amended and restated. The Company has not repurchased any shares of its common stock under the $50 million authorization that will expire on May 16, 2025.

WESTFORD, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.34 per share to be paid on August 7, 2025 to stockholders of record as of the close of business on July 10, 2025. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.

Kadant, Inc. (NYSE:KAI ) Q1 2025 Earnings Conference Call April 30, 2025 11:00 AM ET Company Participants Michael McKenney - Executive Vice President and Chief Financial Officer Jeff Powell - President, Chief Executive Officer and Director Conference Call Participants Ross Sparenblek - William Blair Gary Prestopino - Barrington Kurt Yinger - D.A. Davidson Walt Liptak - Seaport Research Operator Good day.

WESTFORD, Mass., April 29, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 29, 2025.

WESTFORD, Mass., April 24, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2025 first quarter results after the market closes on Tuesday, April 29, 2025 and will hold a webcast the next day, Wednesday, April 30, 2025 at 11:00 a.m. Eastern Time. During the call the Company will discuss its first quarter financial performance and future expectations.

Kairos Minerals Ltd managing director Dr Peter Turner discusses the company's Mt York Gold Project. Proactive: Now we're going to talk about the Mt York Gold Project in the Pilbara. Can you talk us through what the project is and why you're so excited about it? Dr Peter Turner: Well, we're really excited about it for a number of reasons. One is that probably a lot of people have not really heard about Mt York in the past. That's partly because the company has been strategising last year and doing deals. But effectively, the gold project is a 1.4 million ounce gold project. The important thing to note, and what distinguishes us from our peers, is that the mineralisation is largely contained in a single open pit. The metallurgy is very clean. But there's enormous upside in terms of the resource. So I've mentioned it's 1.4 million ounces, but we think, with all the technical work that we have and the deal we've done with Pilbara Minerals, our neighbour to the north, we feel that this project is going to grow significantly. Proactive: And you've mentioned in the notes that the consistent mineralisation is over three kilometres. So it's quite substantial? Dr Peter Turner: Yeah, it's very substantial. We've drilled it out — not in any great detail — but certainly what we see is that the mineralisation is consistent along three kilometres. We can put a hole into what we call the main trend, comprising three prospects called Main Hill, Breccia Hill, and Gossan Hill. We can put a drill hole into any part of that three kilometres and we can hit mineralisation. And that's quite unusual for gold projects. It's very unusual to have consistency like that, and that really helps when we come to develop the project — in terms of mining and development. Proactive: And, fully funded too — you’ve got A$12.4 million in the bank. So all ducks are in a row here? Dr Peter Turner: Well, not just A$12.4 million in the bank. We also expect another A$10 million to come from a deal that we did with Pilbara Minerals at the end of 2024. So not only are we fully funded moving forward on the 20,000 to 30,000 metre drill program that we're about to start, but also through to the completion of the feasibility as well, which is moving forward quite nicely. Proactive: And you're about to start drilling — that's coming up fairly shortly. What do you hope to achieve through this upcoming drilling program? Dr Peter Turner: Well, the drilling is going to hopefully satisfy two things for us. It's going to test our ideas and strategy to make this into quite a large project. We already consider it to be a large project at 1.4 million ounces. But our strategy is to grow the resources well above that. Secondly, we want to convert the lower confidence resource category material into a higher confidence category. That means moving inferred resources through to indicated resources. We'll do that by drilling deeper parts of the mineralisation, extending along strike, and targeting some of the high-grade pods that we found at the end of 2022. Proactive: And one of the priority areas there is the Main Hill extension. Can you talk us through what that deposit means to you? Dr Peter Turner: We've already mentioned that the Mt York Gold Project is three kilometres long. But we know that the mineralisation continues onto the Pilbara Minerals ground. We've negotiated with Pilbara Minerals — and are still negotiating — to get access to that additional 1.5 kilometres of mineralisation. We know it's there from some reconnaissance drilling Pilbara have done. At the end of last year, we signed an agreement. We sold them a non-core licence to the north, and in return we negotiated to acquire the gold and base metal rights to that additional portion. We're very excited. We're in the latter stages of negotiation to complete that transaction and gain access to the ground. The geologists here are really excited to see what’s across the boundary, and we plan to put in detailed diamond drilling to extend those resources, which are not currently part of the resource estimation. Proactive: So really, a lot for investors to look forward to. It's going to be a busy year. Dr Peter Turner: Certainly. It's going to be extremely busy for us. We're cashed up, we've got the drill program lined up, but importantly we've got a project that we think is really going to grow. And I think the news flow coming through this year is going to change the way people have previously seen Kairos. We'll be putting out new press releases, new drill results, and ultimately a new resource estimation a little bit further into 2025. Proactive: Lots to look forward to. Just one final question — Kairos is an interesting word. Can you talk us through what it means? Dr Peter Turner: It’s a biblical term. From what I understand, it means “the right moment” or “the opportune moment”. We feel that 2025 is probably our kairos moment. We've got a lot happening. We want to grow the resources, we want to move toward development, and we're well-funded to do that. So let’s see if 2025 is our kairos moment. Proactive: And you've got a corporate video on the website that explains everything? Dr Peter Turner: Yes. I certainly urge people to look at the website and check out the corporate video. It really does sum up in a few minutes who we are, what we're about, what we're trying to achieve, and gives some perspective on the company’s valuation. We're excited about who we are and what we're doing this year. Proactive: Peter, good luck with all the work to come. Thanks for your time. Dr Peter Turner: Thanks very much. Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) received a reiterated 'buy' rating from analysts at Stifel, who raised their price target to 90p from 80p. This followed a number of strategic changes over the past year, including the internalisation of its management function, which was completed this week. Stifel said this move and associated reduction in costs "is unequivocally positive for the shares" It will generate annual cost savings of £6 million, reducing the EPRA cost ratio to below 9%, and supporting the company’s ability to deliver a fully covered and progressive dividend. The EPRA cost ratio is expected to be amongst the very lowest in the sector. The broker noted that shares have risen 8.5% since the internalisation was announced, outperforming the EPRA UK REIT Index by seven percentage points. Earnings per share forecasts remained unchanged for Stifel, which it acknowledged "may seem counterintuitive" given the cost savings. But the analysts explain this was for three key reasons, including that it is currently making no assumption of further acquisitions in the forecasts, having removed a previously assumption of £75 million of acquisitions in the second half of the year on the basis now "that the company does not need to deploy capital, which would be largely debt-financed, in order to generate rental income". As such, Stifel expects the LTV to remain comfortably below the 40% threshold, reaching 36% by 2027, compared to previous forecasts that it would peak at 41%. Second, the company sold a Tesco store in order to finance the internalisation break costs, and re-geared three leases, estimated to reduce rental income by £5 million. Third, interest rate expectations have risen such that future debt refinancing when existing hedges mature means the marginal cost of borrowing is around 40 basis points higher than at the time of previous forecasts. Stifel expects dividends to remain fully covered over its three-year forecast horizon, and projecting out a further five years the analysts expect the company to deliver a fully-covered progressive dividend.

KAI's measures to consistently reward shareholders through dividends and share buybacks hold promise.

WESTFORD, Mass., March 05, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.34 per share to be paid on May 7, 2025 to stockholders of record as of the close of business on April 9, 2025.

Kadant, Inc. (NYSE:KAI ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Michael McKenney - Executive Vice President & Chief Financial Officer Jeffrey Powell - President, Chief Executive Officer & Director Conference Call Participants Ross Sparenblek - William Blair Kurt Yinger - D.A. Davidson Gary Prestopino - Barrington Walt Liptak - Seaport Research Operator Good day and thank you for standing by.