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Ecolab Inc - ECL STOCK NEWS

Welcome to our dedicated page for Ecolab news (Ticker: ECL), a resource for investors and traders seeking the latest updates and insights on Ecolab stock.

Ecolab Inc (ECL: NYSE) drives global innovation in water management, hygiene systems, and energy optimization across 170+ countries. This news hub provides investors and industry professionals with essential updates on corporate developments shaping environmental sustainability and operational efficiency.

Key resources include: Earnings disclosures detailing performance in industrial services markets, strategic partnership announcements with healthcare/hospitality leaders, and technology launches advancing sustainable cleaning solutions. Track regulatory compliance updates and geographic expansion initiatives critical to Ecolab's position as a Fortune 500 solutions provider.

Our curated news collection enables informed analysis of Ecolab's leadership in water stewardship programs, antimicrobial innovation, and circular economy implementations. Bookmark this page for real-time access to SEC filings, executive commentary, and third-party analyses of ECL's market impact.

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Ecolab Inc. announced the election of twelve director nominees for a one-year term at its annual stockholders' meeting. The shareholders also ratified the appointment of PricewaterhouseCoopers LLP as the independent accounting firm for 2022 and approved the executive compensation plan. A proposal regarding special meeting ownership was not approved. Ecolab, a leader in water, hygiene, and infection prevention solutions, reported annual sales of $13 billion and operates in over 170 countries.

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The board of directors of Ecolab declared a quarterly cash dividend of $0.51 per share, payable on July 15, 2022. Shareholders must be on record by June 21, 2022. Ecolab has maintained a strong dividend history, having paid cash dividends for 85 consecutive years. With annual sales of $13 billion and over 47,000 associates, the company is a leader in water, hygiene, and infection prevention solutions, serving nearly three million locations globally.

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Ecolab will conduct a virtual-only Annual Meeting of Stockholders on May 5, 2022, starting at 9:30 a.m. Central Time. Attendees can access the meeting via www.virtualshareholdermeeting.com/ECL2022. The meeting is expected to last approximately 30 minutes.

Stockholders must enter a 16-digit control number to participate, although guests can listen in without it. A replay of the webcast will be available until May 12, 2022.

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Ecolab (ECL) announced a strong first quarter with reported sales increasing 13% year-over-year to $3.27 billion. Adjusted diluted EPS reached $0.82, up 1% from last year, despite a 10% decline in reported EPS to $0.60 due to rising costs from the war in Eastern Europe. Strong growth in the Institutional & Specialty segment drove sales, but healthcare sales contracted, reflecting prior year COVID-related demand. The company expects continued pricing momentum, with a projected 6% to 7% increase for the remainder of 2022, despite anticipated cost inflation and the rollout of an energy surcharge.

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Ecolab has signed a virtual power purchase agreement to support the construction of the Mörknässkogen wind farm in Finland. This project, developed by Low Carbon, will generate approximately 100GWh of renewable energy annually, powering over 29,000 homes and reducing greenhouse gases by an estimated 20,900 tonnes. The initiative is part of Ecolab's commitment to sustainability, which aims to source nearly 80% of its electricity from renewable sources by 2030. The wind farm is expected to become operational by the end of 2023.

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Ecolab Inc

NYSE:ECL

ECL Rankings

ECL Stock Data

67.71B
283.09M
0.18%
92.61%
0.74%
Specialty Chemicals
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United States
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