HNI
HNI Corporation41.05
-0.50-1.2%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.88BP/E (TTM)
13.78Basic EPS (TTM)
2.98Dividend Yield
0.03%Recent Filings
8-K
HNI completes Steelcase acquisition
HNI closed its acquisition of Steelcase on December 10, 2025, via dual mergers, converting Steelcase shares into mixed consideration of 0.2192 HNI shares plus $7.20 cash per share (or cash/stock elections). It added a $500M TLB facility and cut the term loan A to $350M to fund the deal, while exchanging $351M of Steelcase's 5.125% notes due 2029 for new HNI senior secured notes. Deal done.
8-K
Exchange offer results announced
8-K
HNI-Steelcase merger approved
8-K
Merger election deadline set
HNI and Steelcase set December 4, 2025, 5:00 p.m. ET as the election deadline for Steelcase shareholders to choose cash, stock, or mixed merger consideration in HNI's pending acquisition, announced August 3. Late elections default to mixed: 0.2192 HNI shares plus $7.20 cash per Steelcase share. Closing awaits shareholder votes. Deal risks persist.
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