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On June 12, 2025,
(LII) saw a significant surge in trading volume, reaching 1.90 billion, marking a 35.19% increase from the previous day. This surge placed among the top 455 stocks by trading volume for the day. However, the stock price experienced a slight decline, falling by 0.13% and marking the third consecutive day of losses, with a total decrease of 1.06% over the past three days.Lennox International Inc. recently announced a joint venture with Ariston Group to launch water heaters in North America. This strategic partnership aims to leverage the strengths of both companies to expand their market presence and offer innovative solutions to customers. The collaboration is expected to drive growth and enhance product offerings in the region.
In addition to
venture, Lennox International Inc. has also announced a 13% increase in its quarterly dividend, raising it to US$1.30 per share. This move reflects the company's strong financial performance and commitment to returning value to its shareholders. The dividend increase is expected to be well-received by investors, potentially providing a boost to the stock price.Furthermore, Lennox International Inc. has appointed Tracy Embree to its Board of Directors. Embree brings a wealth of experience and expertise to the company, having previously held leadership positions in various industries. Her appointment is expected to strengthen the board's strategic decision-making capabilities and drive the company's long-term growth.
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