Cabot Microelectronics Corporation Announces It is Now CMC Materials, Inc. and Declares Quarterly Cash Dividend
October 01 2020 - 6:30AM
Cabot Microelectronics Corporation (Nasdaq: CCMP), a global
supplier of consumable materials to semiconductor manufacturers and
pipeline companies, announces its name change and rebranding to CMC
Materials, Inc., effective today. This comprehensive rebrand to CMC
Materials includes a new visual identity and website. The company’s
stock ticker, CCMP, remains unchanged.
“Our new company name and brand, CMC Materials, unify the Cabot
Microelectronics team. CMC Materials, which reflects our successful
history and bright future, is synonymous with supplying high
quality critical materials that enable advanced technologies and
increased performance,” said David Li, President & CEO.
“As industry leaders, our new brand identity represents our
commitment to our mission and values, as well as our ongoing
dedication to partner with our customers to innovate the highest
quality materials to solve their greatest challenges,” said Colleen
Mumford, Vice President, Communications & Marketing.
As part of the company’s comprehensive rebranding, CMC Materials
has launched a new website (www.cmcmaterials.com), which highlights
the technologies that CMC Materials enables for semiconductor
manufacturers and pipeline companies.
The company also announced that yesterday its
Board of Directors declared a quarterly cash dividend of $0.44 per
share ($1.76 per share on an annualized basis) on the company's
common stock. The dividend will be payable on or about November 6,
2020 to shareholders of record at the close of business on October
12, 2020.
ABOUT CMC MATERIALS, INC.
CMC Materials, Inc. (Nasdaq: CCMP) is a global supplier of
consumable materials to semiconductor manufacturers and pipeline
companies. The company is a leader in developing high-quality,
critical materials that enable superior performance for its
customers. CMC Materials’ mission is to create value by delivering
high-performing and innovative solutions that solve its customers’
greatest challenges. The company’s solutions play a critical role
for its customers’ operations, including helping to enable the
manufacturing of smaller, faster and more complex semiconductor
devices, and enhancing operations and improving manufacturing
efficiencies. The company has approximately 2,200 employees
globally. For more information, visit www.cmcmaterials.com or
contact Colleen Mumford, Vice President, Communications and
Marketing, at 630-499-2600.
Colleen Mumford
Vice President, Communications and Marketing
CMC Materials, Inc.
(630) 499-2600
CMC Materials (NASDAQ:CCMP)
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