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A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Comment by checkingfacts66on Nov 28, 2013 6:22pm
151 Views
Post# 21951514

RE:RE:RE:disappointed..

RE:RE:RE:disappointed..We are all shareholders.  We can gripe on this board or we can organize ourselves.  I have a substantial holding in this corporation.  Are any other shareholders interested in working together to press this corporation to commit that this money, or a substantial portion of it, be dividended to shareholders? 

I agree we won't see an adjustment in SP until AOS press releases it is getting the money and how much it will be.  That will be weeks, not months, if their submission was proper and complete.  AB Government committed to a speedy resolution of these issues.

We can make that a voting item.  I don't suggest we drain the company completely, but if this equates to say $0.25 cash per share, then I propose we press a vote that they declare a $0.20 dividend per share and they keep the rest for ongoing operations.  In other words, we vote that 80% of whatever we recover is distributed to shareholders of record as of a specified date.  Anybody else in agreement with this?  If I see enough support on this board, I will try to put that together.
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