AGM/EGMApr 28, 2026, 04:52 PM
KALU Sets Annual Meeting June 4; Reports Record 2025 Adj. EBITDA $310M
AI Summary
Kaiser Aluminum Corporation announced its Annual Meeting of Stockholders for June 4, 2026, where shareholders will vote on the election of three directors, executive compensation, auditor ratification, and an amended equity plan. The company reported strong 2025 performance with net sales of $3.37 billion, net income of $113 million, and record adjusted EBITDA of $310 million. KALU also strengthened its balance sheet, reducing net leverage to 3.4x, and returned $51 million to stockholders through dividends.
Key Highlights
- Annual Meeting of Stockholders to be held on June 4, 2026.
- Proposals include electing three directors and approving executive compensation.
- Ratification of Deloitte & Touche LLP as independent auditor for 2026.
- Approval of the amended 2021 Equity and Incentive Compensation Plan.
- 2025 Net Sales $3.37 billion; Conversion Revenue $1.45 billion.
- 2025 Net Income $113 million; Diluted EPS $6.77.
- Record Adjusted EBITDA of $310 million; Adjusted EBITDA margin 21.3%.
- Net leverage reduced to 3.4x from 4.3x in 2024.