Howmet Aerospace Inc. 8-K Report: Stock Insights & Market Snapshot as of Feb 2025

$HWM
Form 8-K
Filed on: 2025-02-13
Source
Howmet Aerospace Inc. 8-K Report: Stock Insights & Market Snapshot as of Feb 2025

Here are the key insights extracted from the provided financial report section, which appears to relate to Howmet Aerospace Inc.:

  1. Company Information:
  • Name: Howmet Aerospace Inc.
  • CIK: 0000004281
  • Address: 201 Isabella Street, Suite 200, Pittsburgh, PA 15212-5872
  • Phone Number: 412-553-1940
  • SEC Filing Type: 8-K
  • Filing Date: February 13, 2025
  1. Stock Information:
  • Common Stock:
    • Par Value: $1.00 per share
    • Ticker Symbol: HWM
    • Exchange: NYSE
    • Price: $3.75 per share
  • Cumulative Preferred Stock:
    • Par Value: $100 per share
    • Ticker Symbol: HWM PR
    • Exchange: NYSE AMER
  1. Reporting Period:
  • As of Date: February 13, 2025
  • The filing appears to indicate a snapshot of stock information as of the same date.
  1. Stock Classifications:
  • The report mentions classifications of stock:
    • Common Stock
    • Cumulative Preferred Stock
  1. Units of Measurement:
  • The report uses USD as the currency and shares as the unit of measurement for the stocks.
  1. XBRL Tags:
  • The document is formatted in XBRL (eXtensible Business Reporting Language), which is used for electronic filing of financial reports.

Insights:

  • The stock price of $3.75 for common stock suggests it may be undervalued compared to its par value, indicating potential volatility or market sentiment issues.
  • The existence of both Common and Cumulative Preferred Stock indicates a structured capital raising strategy, potentially appealing to different types of investors.
  • As this is an 8-K filing, it typically indicates significant events or changes that investors need to be aware of, suggesting that the information may be critical for timely decision-making.

This summary encapsulates the essential information and insights from the extracted financial report section.