Welcome to our dedicated page for Iron Mountain news (Ticker: IRM), a resource for investors and traders seeking the latest updates and insights on Iron Mountain stock.
Iron Mountain Incorporated (IRM) provides secure information management and storage solutions for global enterprises. This news hub offers investors and stakeholders centralized access to official announcements and strategic updates.
Track all material developments through verified press releases covering earnings reports, sustainability initiatives, and operational expansions. Our curated collection includes updates on records management innovations, data center developments, and regulatory compliance milestones relevant to the information services sector.
Key updates feature partnership announcements, technology implementations, and market expansion strategies. Bookmark this page to monitor IRM's progress in bridging physical and digital information management while maintaining compliance with global data protection standards.
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Iron Mountain Incorporated (NYSE: IRM) announced the tax treatment for all 2023 distributions on its common stock. The company distributed a total of $2.385146 per share, with $2.360977 being ordinary taxable dividend and $0.024169 as total capital gain distribution. The distributions were paid on January 5, April 5, July 6, and October 5, 2023. Shareholders are advised to refer to the press release for proper completion of their federal tax returns.
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Iron Mountain (IRM) completes acquisition of Regency Technologies, a leading provider of IT asset disposition services, establishing a market leader in IT asset lifecycle management. The acquisition will result in enhanced environmental sustainability and increased value recovery at the end of the IT asset lifecycle. The initial purchase price is $200 million, with $125 million paid at close and the remainder due in 2025, representing an approximate 7.5x multiple of EBITDA.
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Iron Mountain Incorporated (NYSE: IRM) will participate in a fireside chat at J.P. Morgan Ultimate Services Investor Conference on November 16, 2023. The presenter will be Barry A. Hytinen, Executive Vice President and Chief Financial Officer. The webcast of the presentation will be accessible on the Investor Relations section of www.ironmountain.com.
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Iron Mountain (NYSE: IRM) is acquiring Regency Technologies, a leading provider of IT asset disposition services in the United States. The acquisition will expand Iron Mountain's global asset lifecycle management platform and enhance its IT Asset Remarketing and Recycling capabilities. Regency Technologies currently processes over 50,000 metric tons of material annually and resells more than 2,000,000 units across eight locations in the US. The transaction is valued at $200 million, with an initial payment of $125 million at close and the remainder due in 2025.
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Iron Mountain Incorporated (NYSE: IRM) announces financial results for Q3 2023, reporting a net income of $91 million, record quarterly revenue, and adjusted EBITDA. The company also leased 65 megawatts in Q3 for a total of 120 megawatts year-to-date. Additionally, Iron Mountain signed an agreement to acquire Regency Technologies to expand its Asset Lifecycle Management business.
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Iron Mountain Incorporated to report Q3 2023 financial results on November 2, 2023
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Arvind Subramanian joins Iron Mountain as Executive Vice President and Managing Director, India
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Iron Mountain (NYSE: IRM) to participate in fireside chat at RBC Capital Markets Global Communications Infrastructure Conference on September 27, 2023.
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Iron Mountain Incorporated (NYSE: IRM) has declared a quarterly cash dividend of $0.65 per share for the third quarter. The dividend is payable on October 5, 2023, to shareholders of record on September 15, 2023. This represents a 5% increase from the previous dividend. William L. Meaney, President and CEO, stated that the increase is in line with their long-term strategy and commitment to disciplined capital allocation.
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Iron Mountain Incorporated (NYSE: IRM) achieves record quarterly revenue and adjusted EBITDA, with a 5% increase in quarterly dividend per share. The second quarter of 2023 saw a 5.3% increase in total reported revenues, driven by a 10.9% increase in storage rental revenue. Net income for the quarter was $1.1 million, and adjusted EBITDA was $475.7 million. The company also affirmed full year 2023 guidance, with expected total revenue of $5.5-5.6 billion and adjusted EBITDA of $1.94-1.975 billion.
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Iron Mountain
NYSE:IRM
IRM Rankings
IRM Stock Data
24.07B
292.62M
0.93%
81.57%
3.07%
REIT - Specialty
Real Estate Investment Trusts
United States
PORTSMOUTH