KAI
Kadant Inc.
September 11, 2026 · intraday
- Rarity
- 1.78
- Peak move
- −7.02%
- Float cap
- $3.3B
Kadant Inc. is a global supplier of technologies and engineered systems for sustainable industrial processing. It sells flow control, industrial processing, and material handling equipment and services used in paper, packaging, tissue, wood products, mining, metals, food processing, and recycling. Its customers are global and regional industrial manufacturers and distributors that seek efficiency, energy optimization, and productivity.
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What we found
6 events · 3 from SEC or newswire · 0 timed with the move- Key event
executive_appointmentKadant announced a board-approved CEO succession plan under which Michael C. Colwell becomes president and COO effective October 1, 2026, and president, CEO and a director effective January 2, 2027; Jeffrey L. Powell becomes executive chairman and chairman Jonathan W. Painter ceases as director and chairman on January 2, 2027.
- Key event
ceo_cfo_departureKadant CEO Jeffrey L. Powell will step down as CEO on January 2, 2027, becoming executive chairman until his retirement on January 1, 2028, under a transition agreement paying him a $499,450 part-time salary.
SEC8-K 0000886346-26-000055 board_changeKadant chairman Jonathan W. Painter notified the company he will cease serving as a director on January 2, 2027, stating his resignation did not result from any disagreement with the company.
SEC8-K 0000886346-26-000055dividend_changeKadant Inc.'s board approved a quarterly cash dividend of $0.36 per share, payable November 12, 2026 to stockholders of record as of the close of business on October 15, 2026.
- Key event
demand_signalMarket Research Future reported the global wood-based panels market reached about $240.97 billion in 2026 and is projected to grow to $332.73 billion by 2035, a 3.65% CAGR, driven by residential construction and furniture demand.
demand_signalLP Building Solutions will indefinitely curtail oriented strand board production at its Jasper, Texas facility from October 2026, removing roughly 475 million square feet of annual OSB capacity amid soft demand; North American OSB capacity exits total about 1.3 billion sq ft since December 2025.