Air Products and Chemicals (APD) Stock

This year has been positive for the main stock indexes, but the recent ups and downs in the market might make some investors think about whether it's the right moment to sell their stocks.

Under the leadership of Chairman and CEO Seifi Ghasemi, the Company has created over $44 billion in value for shareholders. They are successfully following a two-part growth strategy to expand their core industrial gas business and take advantage of the clean hydrogen market. The Board has sent a letter to shareholders encouraging them to vote for Air Products' nominees, as the proposed candidates from Mantle Ridge lack the necessary experience and qualifications.

Air Products' Board of Directors has sent a letter to shareholders with key details regarding the 2025 Annual Meeting, scheduled for 8:30 a.m. on December 13, 2024. They are encouraging shareholders to vote "FOR" only their nominees using the WHITE Proxy Card.

Mantle Ridge has nominated four highly qualified candidates – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – for Air Products' Board of Directors. They believe that CEO Seifi Ghasemi's focus on risky, large-scale investments has harmed shareholder value and that the current directors should not be trusted to choose the next leadership team. Mantle Ridge encourages shareholders to vote for their nominees using the BLUE Proxy Card and to withhold support for the company's nominees, Charles Cogut and Lisa A.

On December 5, 2024, Mantle Ridge LP, which owns over $1 billion in shares of Air Products and Chemicals Inc., released a statement. Reports indicate that Air Products' stock price fell by 2.3% in pre-market trading on Thursday after Mantle Ridge decided to stop its efforts for a board change at the company.

Although the slowdown in China is worrying, APD is benefiting from its investments in profitable industrial gas projects and improvements in productivity.

APD gains advantages from its investments in profitable industrial gas projects, as well as from improvements in productivity and pricing strategies.

APD is benefiting from its investments in profitable industrial gas projects, as well as from efforts to improve productivity and reduce costs.

Dividends are an important method for these three companies to share their profits with their shareholders.