Investors

Investor FAQ

1.When was CIRCOR founded?
2.Where is CIRCOR located?
3.What is the Company’s growth strategy?
4.Who serves on CIRCOR’s Board of Directors?
5.How many employees does CIRCOR currently have?
6.What stock exchange is CIRCOR traded on and what is its stock symbol?
7.When does CIRCOR’s fiscal year end?
8.When is the next financial results release date?
9.Which financial analysts cover CIRCOR?
10.How can I obtain CIRCOR’s investor kit?
11.How can I receive a copy of CIRCOR’s financial statements?
12.Does CIRCOR pay a dividend on its common stock?
13.Does CIRCOR have a direct stock repurchase program?
14.Who should I contact with questions regarding my shares, transfer of my shares, replacement of a lost stock certificate, or change in my address?
15.What is CIRCOR’s CUSIP number?
1.When was CIRCOR founded?
CIRCOR was established in 1999 by its former parent company, Watts Water Technologies, Inc., to independently operate the former industrial, oil and gas businesses of Watts.
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2.Where is CIRCOR located?
CIRCOR’s corporate headquarters are located at 30 Corporate Drive, Suite 200, Burlington, MA 01803-4232.
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3.What is the Company’s growth strategy?

Our objective is to enhance shareholder value by focusing on growth, margin expansion and strong free cash flow. We have a four-point strategy to achieve these objectives.

1) Grow Organically and Through Acquisitions. We leverage the power of our global design capabilities to develop innovative products that solve our customers’ most challenging and critical problems. New products will be an increasingly important part of our growth strategy going forward. In addition, we are positioning ourselves to grow in parts of our end markets where our products are under-represented. This could include establishing a presence in high-growth geographies where we have a limited presence today. It also could include taking products established in one end-market (e.g., power generation) and selling those solutions into other relevant end markets (e.g., Oil & Gas).

In addition to organic growth, we expect to acquire businesses over time. We are primarily focused on companies with differentiated technologies in complementary markets that we already understand; and where we expect substantial growth. In addition to strategic fit, the main criterion for an acquisition is return on invested capital.

2) Simplify CIRCOR. In 2013 we embarked on a long-term journey to simplify CIRCOR. While we made progress in 2013, CIRCOR continues to operate with significant complexity. We have a large number of properties and believe that simplifying this structure will not only expand our margins by reducing cost, but will help us improve our operations and controls.

3) Achieve World Class Operational Excellence. Our Global Operations and Sourcing organizations are focused on improving our quality, delivery, cost, safety and inventory performance. The primary tool for expanding performance at CIRCOR is the CIRCOR Business System. The CIRCOR Business System is based on lean operating techniques designed to continuously improve product and work flow and drive waste out of our design, manufacturing, sales, procurement and office-related processes (“Lean”). We are focused on expanding our CIRCOR Business System that reaches well beyond the four walls of our existing manufacturing facilities. This program will include strong leadership at the top of CIRCOR, more effective training and standardization across the organization, robust processes and metrics, and clear lines of accountability. The CIRCOR Business System will be the foundation of our operational improvements in the future. Achieving operational and business process excellence will be one of the critical elements to our growth, margin expansion and improved working capital objectives.

4) Build the Best Team. Finally, we have a fundamental belief at CIRCOR that the best team wins. We are committed to attracting the most talented people in our industry and we are committed to investing, engaging, challenging and developing our employees. We believe the best people combined with robust process, appropriate metrics, and individual accountability will deliver extraordinary results.

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4.Who serves on CIRCOR’s Board of Directors?
For detailed information about CIRCOR’s Board of Directors, click here.
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5.How many employees does CIRCOR currently have?
As of January 27, 2014, CIRCOR’s worldwide operations directly employed approximately 2,800 people.
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6.What stock exchange is CIRCOR traded on and what is its stock symbol?
CIRCOR is traded on the New York Stock Exchange under the symbol CIR. Please check the "Webcasts & Presentations” section of our investor site for updates.
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7.When does CIRCOR’s fiscal year end?
CIRCOR’s fiscal year ends December 31.
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8.When is the next financial results release date?
Please check the “News and Events” section of our investor site for updates.
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9.Which financial analysts cover CIRCOR?
Please visit the “Analyst Coverage” page to view the list of analysts who cover CIRCOR.
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10.How can I obtain CIRCOR’s investor kit?
Please visit the “Virtual Investor Kit” page. To receive an investor kit by mail, please submit a request through the “Information Request" section of the site and complete the electronic form provided.
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11.How can I receive a copy of CIRCOR’s financial statements?
CIRCOR’s financial statements are available for viewing in the “SEC Filings” section of its investor relations website. To receive a hard copy of the Company’s financial statements, please visit the "Information Request" section of the site and complete the electronic form provided.
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12.Does CIRCOR pay a dividend on its common stock?

Yes, CIRCOR does pay a quarterly dividend.  The Company has been paying a dividend since May 2000 and currently intends to continue paying a regular quarterly dividend for the foreseeable future at the discretion of the Board of Directors depending on available cash, anticipated cash needs, overall financial condition, loan agreement restrictions, future prospects for earnings and cash flows as well as other relevant factors. Please see the “Dividends” page for a history of payments.

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13.Does CIRCOR have a direct stock repurchase program?
CIRCOR does not have a direct stock purchase program, and presently does not anticipate establishing one.
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14.Who should I contact with questions regarding my shares, transfer of my shares, replacement of a lost stock certificate, or change in my address?
CIRCOR’s transfer agent is American Stock Transfer & Trust Company located at 59 Maiden Lane, Plaza Level, New York, NY 10038. They may be reached at 718-921-8261.
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15.What is CIRCOR’s CUSIP number?
CIRCOR’s CUSIP number is 17273K109.
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Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and involve risks and uncertainties. Any statements contained herein that are not statements of historical fact are forward-looking statements. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which are, in some cases, beyond the control of CIRCOR. Actual events, performance or results could differ materially from the anticipated events, performance or results expressed or implied by such forward-looking statements. Before making any investment decisions regarding our Company, we strongly advise you to read the section entitled “Risk Factors” in our most recent SEC filings on Forms 10-K and 10-Q. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Stock Information

CIR (Common Stock)
ExchangeNYSE (US Dollar)
Price$80.23
Change (%) Stock is Up 7.15 (9.78%)
Volume340,764
Data as of 04/22/14 4:00 p.m. ET
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