Early Access

LIN SEC Filings

LINDE PLC - 107 total filings

Showing 1–50 of 107 filings
8-K

LINDE PLC 8-K Report, Financial Results (Feb 5, 2026)

Feb 5, 2026

Linde plc filed an 8-K on February 5, 2026, to report its financial results for the quarter and full year ended December 31, 2025. The filing primarily incorporates by reference a press release issued on the same day, which contains the company's operational and financial performance data. Investors should review this press release (Exhibit 99.1) for detailed insights into Linde's performance during the fourth quarter and the entirety of fiscal year 2025. While this 8-K itself does not contain the detailed financial figures, it serves as the official notification of their release. The press release, as referenced, is expected to cover key metrics such as revenue, earnings per share, and segment performance. Investors are advised to access Exhibit 99.1 for a comprehensive understanding of Linde's financial condition and results of operations.

8-K

LINDE PLC 8-K Report, Material Agreement (Dec 3, 2025)

Dec 3, 2025

Linde plc (LIN) has entered into a new 364-day unsecured revolving credit agreement totaling $1.5 billion. This facility, secured by full and unconditional guarantees from the Company and certain subsidiaries, is intended for general corporate purposes. The agreement provides flexibility with borrowing options in multiple currencies, including USD, Sterling, and Euros, and includes provisions for swingline loans up to $50 million (USD) and €25 million (EUR). Notably, the Credit Agreement does not contain a financial maintenance covenant, which is a positive sign for operational flexibility. The company has the option to convert outstanding revolving loans into non-revolving term loans, payable one year after the commitment termination date. As of the filing date, there were no outstanding borrowings under this new facility, indicating strong liquidity and no immediate need for these funds.

8-K

LINDE PLC 8-K Report, Corporate Update (Nov 20, 2025)

Nov 20, 2025

Linde plc has filed an 8-K to announce the issuance of €1.75 billion in new debt across three tranches: €600 million in Floating Rate Notes due 2027, €650 million in 3.125% Notes due 2032, and €500 million in 3.750% Notes due 2038. The company expects to receive approximately €1,737 million in net proceeds after fees, which will be utilized for general corporate purposes. These new notes have been admitted for trading on the Euro MTF market of the Luxembourg Stock Exchange, indicating their availability to a broad investor base. This debt issuance is part of Linde's established European debt issuance program, which has been updated and supplemented. The notes are unsecured and are guaranteed by Linde GmbH and Linde Inc., wholly-owned subsidiaries, providing an additional layer of credit support. The aggregate principal amount authorized under the program is €20 billion, and this issuance is within that framework. Investors should note that these securities were issued under Regulation S of the U.S. Securities Act of 1933 and are not registered in the U.S., meaning they are primarily offered outside the United States to non-U.S. persons.

10-Q

LINDE PLC Quarterly Report for Q3 Ended Sep 30, 2025

Oct 31, 2025

Linde plc reported a strong third quarter of 2025, with sales increasing by 3% year-over-year to $8.6 billion. This growth was primarily driven by higher pricing, productivity initiatives, and favorable currency translations, partially offset by cost inflation. The company's reported operating profit saw a significant 13% increase to $2.4 billion, with an operating margin of 27.5%, also boosted by lower cost reduction charges. On an adjusted basis, which excludes certain non-recurring items, Linde demonstrated continued operational strength. Adjusted operating profit rose 3% to $2.6 billion, with an improved operating margin of 29.7%. Diluted earnings per share (EPS) also showed robust growth, increasing by 27% on a reported basis to $4.09 and by 7% on an adjusted basis to $4.21. The company's cash flow from operations remained strong, providing ample liquidity to support investments and shareholder returns, including substantial share repurchases.

8-K

LINDE PLC 8-K Report, Financial Results (Oct 31, 2025)

Oct 31, 2025

Linde plc (LIN) filed an 8-K on October 31, 2025, to report its financial results for the quarter ended September 30, 2025. The primary purpose of this filing is to furnish the accompanying press release, which contains the company's operational and financial performance details for the period. Investors should refer to Exhibit 99.1 for the specific figures and commentary regarding Linde's third-quarter 2025 performance. While the 8-K itself does not disclose the detailed financial numbers, it serves as the official notification that these results have been made public via the press release. This includes key metrics such as revenue, earnings per share, and any forward-looking guidance provided by management. Investors are encouraged to review the furnished press release to gain a comprehensive understanding of the company's financial condition and operational results.

8-K

LINDE PLC 8-K Report, Executive Changes (Sep 29, 2025)

Sep 29, 2025

Linde plc announced significant leadership changes via an 8-K filing on September 29, 2025. The most notable change is the upcoming retirement of Chairman Stephen F. Angel, effective January 31, 2026. In preparation for this transition, CEO Sanjiv Lamba will assume the additional role of Chairman of the Board upon Mr. Angel's retirement, with Robert Wood continuing as Lead Independent Director. This move consolidates leadership at the top, aligning the CEO and Chairman roles under Lamba. Furthermore, Linde has appointed Sean Durbin as its new Chief Operating Officer (COO), effective October 1, 2025. Durbin brings extensive operational and leadership experience from his various roles within Linde and its predecessor, Praxair, Inc., including his recent position as EVP-North America. This appointment signals a focus on operational execution and management continuity as the company navigates future growth and strategic initiatives.

8-K

LINDE PLC 8-K Report, Executive Changes (Aug 7, 2025)

Aug 7, 2025

Linde plc has filed an 8-K to announce a significant leadership transition within its Human Resources department. Effective September 1, 2025, Executive Vice President and Chief Human Resources Officer David Strauss will step down from his executive officer role, retiring from the company on March 31, 2026, after a distinguished 35-year tenure. This change marks the end of an era for a long-serving executive. Following Mr. Strauss's departure from his executive role, Desiree Bacher has been appointed as the new Senior Vice President and Chief Human Resources Officer, effective September 1, 2025. Ms. Bacher currently holds the position of Senior Vice President-Communications, AI, & Corporate Procurement, indicating a strategic internal promotion and likely a continuation of established HR strategies or an integration of new areas of focus. Investors should monitor how Ms. Bacher's leadership influences Linde's talent management, employee relations, and corporate culture moving forward.

8-K

LINDE PLC 8-K Report, Financial Results (Aug 1, 2025)

Aug 1, 2025

Linde plc (LIN) filed an 8-K on August 1, 2025, to report its financial results for the second quarter ended June 30, 2025. The filing primarily consists of a press release (Exhibit 99.1) that details the company's operational performance and financial condition for the quarter. Investors should refer to the furnished press release for specific details on revenue, earnings, and other key financial metrics, as these are not elaborated within the 8-K form itself. The 8-K serves as the official notification and incorporation by reference of this important quarterly update.

8-K

LINDE PLC 8-K Report, Shareholder Vote Results (Aug 1, 2025)

Aug 1, 2025

Linde plc filed an 8-K report on August 1, 2025, detailing the outcomes of its Annual General Meeting (AGM) held on July 29, 2025. The meeting saw strong shareholder participation, with over 83% of outstanding shares present or represented by proxy, indicating significant investor engagement. Key resolutions included the election of directors, ratification of the independent auditor, and approval of executive compensation, all of which passed with substantial support, reflecting shareholder confidence in the company's governance and management. The meeting also addressed proposals related to auditor remuneration and the re-allotment of treasury shares, both receiving high approval rates. Notably, a shareholder proposal requesting a report on lobbying and trade association alignment with climate goals was not acted upon due to the proponent's absence. Overall, the AGM results suggest a stable and supportive shareholder base, with broad approval for the board's proposed actions and compensation structures. Investors can interpret these outcomes as positive indicators of leadership stability and alignment on key corporate governance matters.

10-Q

LINDE PLC Quarterly Report for Q2 Ended Jun 30, 2025

Aug 1, 2025

Linde plc reported solid financial results for the second quarter and first half of 2025, demonstrating continued growth and operational strength. Sales saw a healthy increase of 3% in the quarter and 1% year-to-date, driven primarily by higher pricing and strategic acquisitions, which helped offset a slight decline in volumes. The company's operating profit also showed robust growth, with a reported increase of 8% for the quarter and 6% year-to-date, reflecting effective pricing strategies and productivity initiatives that more than compensated for cost inflation. Adjusted metrics further underscore Linde's strong performance, with adjusted EPS rising by 6% for both the quarter and the year-to-date period. The company continues to manage its cost structure effectively, as evidenced by improvements in cost of sales as a percentage of sales and well-controlled SG&A expenses. Furthermore, Linde maintained significant capital allocation flexibility, with strong operating cash flow and substantial share repurchase activity, underscoring its commitment to shareholder returns and ongoing investment in growth opportunities.

8-K

LINDE PLC 8-K Report, Corporate Update (Jun 5, 2025)

Jun 5, 2025

Linde plc (LIN) has filed an 8-K report detailing the issuance of new debt securities on June 4, 2025. The company issued ₣225 million in 0.6150% Notes due 2029 and ₣275 million in 1.0629% Notes due 2033, totaling ₣500 million. These notes were issued under the company's European debt issuance programme, which is valid for one year from May 8, 2025, and can support up to €20 billion in outstanding notes. The net proceeds from this offering amount to approximately ₣498.6 million, which will be utilized for general corporate purposes. The notes have been admitted to the official list of the SIX Swiss Exchange for trading. This issuance is part of Linde's ongoing strategy to manage its capital structure and fund its operations. Investors should note that these notes are unsecured and guaranteed by Linde's German and US subsidiaries, and they were issued under Regulation S of the U.S. Securities Act of 1933, meaning they are not registered with the SEC and have restrictions on sale within the United States.

10-Q

LINDE PLC Quarterly Report for Q1 Ended Mar 31, 2025

May 1, 2025

Linde plc reported flat sales of $8,112 million for the first quarter of 2025 compared to the prior year, with growth primarily driven by higher pricing and acquisitions, partially offset by negative currency translation and a slight volume decline. Despite flat top-line performance, operating profit on a reported basis increased 4% to $2,184 million, and on an adjusted basis, it rose 4% to $2,438 million. This improvement was attributed to strong pricing, productivity initiatives, and lower SG&A expenses, which more than offset cost inflation and other charges. Diluted earnings per share (EPS) also saw a 5% increase, reaching $3.51 on a reported basis and $3.95 on an adjusted basis, reflecting robust operational execution and efficient cost management. Key financial metrics demonstrate resilience, with Adjusted EBITDA growing 3% year-over-year to $3,213 million. The company generated strong operating cash flow of $2,161 million, an 11% increase from the prior year, supporting increased capital expenditures of $1,270 million for new plant and production equipment. Linde also continued its robust share repurchase program, buying back $2,417 million in the quarter, and increased its quarterly dividend by 8%. The company maintains a strong liquidity position with significant undrawn revolving credit facilities.

8-K

LINDE PLC 8-K Report, Financial Results (May 1, 2025)

May 1, 2025

Linde plc filed an 8-K on May 1, 2025, to report its financial results for the first quarter ended March 31, 2025. The filing primarily serves to furnish the press release containing these results, which was also issued on May 1, 2025. Investors should refer to the press release (Exhibit 99.1) for detailed information regarding Linde's performance during the quarter. While this 8-K itself does not contain the detailed financial figures, it signifies the official release of Linde's Q1 2025 earnings. Key financial metrics, operational achievements, and forward-looking statements are expected to be found within the accompanying press release. Investors are encouraged to review this document to understand the company's current financial condition and its outlook.

10-K

LINDE PLC Annual Report, Year Ended Dec 31, 2024

Feb 26, 2025

Linde plc reported flat sales of $33,005 million for the fiscal year 2024, with growth primarily driven by a 2% increase in price attainment across the Americas and EMEA segments, which offset flat volumes and a 1% decrease from cost pass-through and currency translation. Despite flat sales, reported operating profit saw a robust 8% increase to $8,635 million, supported by higher pricing and productivity initiatives that outpaced cost inflation and currency impacts. This translated to a 6% rise in reported net income to $6,565 million and a 8% increase in diluted earnings per share to $13.62. The company generated strong operating cash flow of $9,423 million, up slightly from the prior year. Significant capital allocation included $4,497 million for capital expenditures, $4,451 million for share repurchases, and $2,655 million for dividends, reflecting a continued commitment to returning value to shareholders while investing in growth. Linde's diversified business model across numerous industries and geographies provides resilience against economic cycles. The company's substantial backlog of $7.1 billion for large projects under construction suggests continued investment and future revenue opportunities, particularly in clean energy technologies like hydrogen. Looking ahead, Linde continues to focus on operational efficiency, pricing power, and strategic investments in high-growth areas. The company's strong financial position, supported by significant credit facilities and a commitment to maintaining strong credit ratings, positions it well to navigate potential economic uncertainties and pursue strategic growth opportunities.

8-K

LINDE PLC 8-K Report, Corporate Update (Feb 18, 2025)

Feb 18, 2025

Linde plc (LIN) has announced the issuance of €2,234 million in aggregate principal amount of senior unsecured notes across three tranches with varying maturities and coupon rates. The issuance includes €850 million of 2.625% Notes due 2029, €750 million of 3.000% Notes due 2033, and €650 million of 3.250% Notes due 2037. These notes were issued under the Company's established European debt issuance program and have been admitted to the official list of the Luxembourg Stock Exchange. The net proceeds from this offering, amounting to approximately €2,234 million after deducting fees, are designated for general corporate purposes. The notes are guaranteed by Linde GmbH and Linde Inc., wholly-owned subsidiaries, reinforcing the overall creditworthiness of the debt issuance. This move signals Linde's strategic approach to financing its operations and potentially future growth initiatives through diversified debt capital markets.

8-K

LINDE PLC 8-K Report, Financial Results (Feb 6, 2025)

Feb 6, 2025

Linde plc filed an 8-K on February 6, 2025, to report its financial results for the quarter and full year ended December 31, 2024. The filing itself does not contain the detailed financial figures but references a press release (Exhibit 99.1) issued on the same date, which contains the company's operational and financial performance data. Investors should refer to this press release for comprehensive details on Linde's earnings, revenue, and other key financial metrics for the period. The primary purpose of this 8-K is informational, notifying the market of the release of Linde's fourth-quarter and full-year 2024 financial results. The press release, incorporated by reference, is the critical document for understanding the company's financial condition and operational performance. Investors interested in Linde's recent performance should access and review Exhibit 99.1.

8-K

LINDE PLC 8-K Report, Material Agreement (Dec 4, 2024)

Dec 4, 2024

Linde plc has entered into a new unsecured 364-day revolving credit agreement totaling $1.5 billion, effective December 4, 2024. This facility, secured by guarantees from Linde plc and certain subsidiaries, is intended for general corporate purposes and provides flexibility in borrowing various currencies. The agreement includes provisions for conversion into term loans and features interest rates tied to benchmark rates like SOFR, EURIBOR, and SONIA, adjusted by a ratings-based pricing grid. This credit line offers significant liquidity and financial flexibility for Linde's ongoing operations and strategic initiatives. The absence of financial maintenance covenants is a positive indicator of the company's strong financial standing and confidence from its banking partners. As of the filing date, no funds have been drawn from this facility, indicating robust current liquidity.

8-K

LINDE PLC 8-K Report, Executive Changes (Dec 2, 2024)

Dec 2, 2024

This 8-K filing from Linde PLC details the retirement agreement for John Panikar, former Executive Vice President-APAC. While Mr. Panikar's executive officer role concluded on November 1, 2024, he will continue in a non-executive capacity until his official retirement on March 31, 2025. This transition period includes continued salary and benefits, with eligibility for a 2024 variable compensation bonus. Key financial aspects for investors revolve around the severance package Mr. Panikar will receive upon his retirement. This includes a substantial cash severance totaling over $860,000, plus a performance-based component tied to 2025 corporate performance, and continued health benefits. The agreement also reaffirms Mr. Panikar's existing non-compete and non-solicitation obligations, ensuring protection of Linde's business interests.

8-K

LINDE PLC 8-K Report, Executive Changes (Nov 4, 2024)

Nov 4, 2024

Linde plc (LIN) has filed an 8-K to announce a key executive transition within its Asia-Pacific (APAC) region. Effective November 1, 2024, John Panikar, Executive Vice President of APAC, will step down from his executive officer role to retire on March 31, 2025, after a distinguished 33-year tenure with the company. This transition marks the end of an era for a long-standing leader in a critical growth market for Linde. To ensure continuity and strategic execution in the APAC region, Linde has appointed Binod Patwari as the new Senior Vice President of APAC, effective November 1, 2024. Mr. Patwari, previously the Managing Director of Linde's South Pacific Region, will assume responsibility for all APAC operations, business plan execution, and strategic development. This appointment signifies Linde's confidence in internal talent to lead its significant operations in this vital geographical area.

10-Q

LINDE PLC Quarterly Report for Q3 Ended Sep 30, 2024

Oct 31, 2024

Linde PLC's third-quarter 2024 report (filed October 30, 2024) indicates a period of steady performance, with reported sales increasing by 2% year-over-year to $8.36 billion. This growth was primarily driven by a 2% increase in pricing, while volumes remained flat due to a balance between base volume declines and new project start-ups. Adjusted operating profit saw a more significant increase of 7% to $2.48 billion, reflecting strong pricing power and productivity gains that more than offset cost inflation and currency headwinds. The company also demonstrated a commitment to shareholder returns through substantial share repurchases and a dividend increase. Key financial metrics show resilience, with reported net income slightly down 1% to $1.55 billion, impacted by higher cost reduction charges, but adjusted net income rose 6% to $1.90 billion. Diluted earnings per share (EPS) saw a modest 1% increase on a reported basis to $3.22, while adjusted diluted EPS grew a robust 9% to $3.94. The company's operational segments, particularly the Americas and EMEA, showed solid operating profit growth, underscoring broad-based strength. Despite some currency translation headwinds and increased interest expenses, Linde maintains a strong liquidity position and ample financial flexibility.

8-K

LINDE PLC 8-K Report, Financial Results (Oct 31, 2024)

Oct 31, 2024

Linde plc (LIN) filed an 8-K on October 31, 2024, to report its financial results for the quarter ended September 30, 2024. The core of this filing is the press release furnished as Exhibit 99.1, which contains the company's operational and financial performance for the period. Investors should refer to this press release for detailed metrics, earnings per share, revenue figures, and any forward-looking statements or guidance provided by the company. While the 8-K itself is a procedural filing to announce the results, the accompanying press release is the crucial document for understanding Linde's recent performance. It will likely cover key financial indicators and provide management's commentary on business trends, segment performance, and strategic initiatives. Investors seeking to assess Linde's current financial health and future prospects should closely examine the details within Exhibit 99.1.

8-K

LINDE PLC 8-K Report, Shareholder Vote Results (Aug 2, 2024)

Aug 2, 2024

Linde plc held its Annual General Meeting (AGM) on July 30, 2024, with a strong shareholder turnout of 84.22%. The meeting primarily focused on voting for director nominees, ratification of PricewaterhouseCoopers (PWC) as the independent auditor, executive compensation, and the re-allotment price range for treasury shares. All ten director nominees were overwhelmingly elected, indicating strong board support. Shareholders also overwhelmingly ratified the appointment of PWC as the independent auditor and approved the authorization for the Board to determine PWC's remuneration. Additionally, advisory votes on executive compensation and the price range for treasury share re-allotment received significant approval, underscoring shareholder confidence in the company's governance and operational decisions.

10-Q

LINDE PLC Quarterly Report for Q2 Ended Jun 30, 2024

Aug 2, 2024

Linde plc reported solid results for the second quarter and first half of 2024, demonstrating resilience and strategic execution. Total sales saw a modest 1% increase year-over-year for the quarter, driven primarily by higher pricing, which more than offset slight volume declines and negative currency translation impacts. The company continued to benefit from productivity initiatives. Reported operating profit increased by 9% for the quarter and 8% for the six-month period, with adjusted operating profit showing similar strength at 6% growth for both periods, underscoring effective cost management and pricing power. Diluted Earnings Per Share (EPS) also showed positive momentum, with reported EPS up 8% in the quarter and 9% year-to-date. The company's robust cash flow generation is evident, with cash provided by operations totaling $3,883 million for the first six months. Linde also continued its commitment to shareholder returns through significant share repurchases and dividend payments, underscoring a focus on both operational efficiency and capital allocation.

8-K

LINDE PLC 8-K Report, Financial Results (Aug 2, 2024)

Aug 2, 2024

Linde plc (LIN) has filed an 8-K report on August 2, 2024, to announce its financial results for the quarter ended June 30, 2024. The primary purpose of this filing is to furnish a press release detailing these operational and financial outcomes. Investors should note that the actual financial figures and detailed performance commentary are contained within the press release (Exhibit 99.1), which is incorporated by reference into this 8-K. This filing itself does not contain the specific financial data but directs stakeholders to the supplementary document for comprehensive insights into the company's recent performance. The press release, dated August 2, 2024, will provide investors with the latest information on Linde plc's revenue, earnings, and other key financial metrics for the second quarter of 2024. As this is a standard results announcement filing, it is crucial for investors to review the furnished press release to understand the company's operational performance, any management commentary on future outlook, and significant financial developments during the reporting period.

8-K

LINDE PLC 8-K Report, Corporate Update (Jun 4, 2024)

Jun 4, 2024

Linde plc (LIN) has announced the successful issuance of €2.176 billion in aggregate principal amount of senior notes across three tranches: €750 million of 3.375% Notes due 2030, €750 million of 3.500% Notes due 2034, and €700 million of 3.750% Notes due 2044. These notes were issued under the company's updated European debt issuance programme, which has an authorized aggregate principal amount of up to €15 billion. The proceeds from this offering will be utilized for general corporate purposes, which provides the company with increased financial flexibility. The notes have been admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange, indicating enhanced liquidity and accessibility for investors in the European market. The issuance reinforces Linde's established debt program and is supported by guarantees from its wholly-owned subsidiaries, Linde GmbH and Linde Inc.

10-Q

LINDE PLC Quarterly Report for Q1 Ended Mar 31, 2024

May 2, 2024

Linde plc reported solid financial results for the first quarter of 2024, demonstrating resilience and effective operational management. While reported sales saw a slight decrease of 1% to $8.1 billion compared to the prior year, driven by cost pass-through and lower volumes, adjusted operating profit increased by a robust 6% to $2.34 billion. This growth was underpinned by higher pricing and significant productivity initiatives, which more than offset inflationary pressures and volume declines. Profitability metrics showed strong improvement, with reported operating profit up 8% to $2.1 billion and adjusted diluted earnings per share (EPS) rising 10% to $3.75. The company also continued its commitment to shareholder returns, with significant share repurchases and a notable increase in quarterly dividends. Linde maintains a strong liquidity position with substantial cash on hand and undrawn credit facilities, indicating financial stability and flexibility.

8-K

LINDE PLC 8-K Report, Financial Results (May 2, 2024)

May 2, 2024

Linde plc (LIN) filed an 8-K on May 2, 2024, primarily to report its financial results for the quarter ended March 31, 2024. The company furnished a press release (Exhibit 99.1) detailing these results, which is incorporated by reference into the filing. Investors should refer to the press release for specific financial performance figures, including revenue, earnings, and other key operational metrics for the first quarter of 2024. This filing serves as the official notification of the company's recent performance. While the 8-K itself does not contain the detailed financial data, it directs stakeholders to the accompanying press release for comprehensive information. Investors seeking to understand Linde's operational and financial condition for the most recent quarter will need to consult Exhibit 99.1.

8-K

LINDE PLC 8-K Report, Executive Changes (Apr 30, 2024)

Apr 30, 2024

Linde plc (LIN) has filed an 8-K report on April 30, 2024, primarily to announce the retirement of Martin H. Richenhagen from its Board of Directors, effective April 29, 2024. This departure aligns with the company's Director Tenure & Resignation Policy, indicating a structured approach to board refreshment. While the report does not contain financial results or strategic operational updates, it marks a change in the composition of the board.

10-K

LINDE PLC Annual Report, Year Ended Dec 31, 2023

Feb 28, 2024

Linde plc's 2023 10-K filing reveals a resilient performance despite a slight dip in sales. The company reported total sales of $32,854 million, a 2% decrease year-over-year, primarily attributed to lower volumes and a decrease in cost pass-through. However, strong pricing initiatives across all segments largely offset these declines, contributing positively to profitability. Adjusted operating profit saw a robust 15% increase, driven by effective pricing strategies and productivity enhancements, demonstrating the company's ability to manage cost inflation and operational efficiencies. Financially, Linde demonstrated strong cash flow generation, with operating cash flow up by $441 million to $9,305 million. The company continued its commitment to shareholder returns through significant share repurchases totaling $3,925 million and dividends of $2,482 million. Linde also strategically increased its capital expenditures by $614 million to $3,787 million, indicating continued investment in growth opportunities, notably with 63% allocated to the Americas segment, primarily driven by the nexAir acquisition. The company maintained a strong financial position with robust credit ratings, underscoring its financial stability.

8-K

LINDE PLC 8-K Report, Executive Changes (Feb 28, 2024)

Feb 28, 2024

Linde plc announced on February 27, 2024, a significant addition to its Board of Directors with the election of Paula Rosput Reynolds as a new independent director, effective immediately. Ms. Reynolds brings valuable experience and will enhance the board's oversight capabilities by serving on both the Audit Committee and the Sustainability Committee. This strategic appointment is aimed at strengthening corporate governance and furthering Linde's commitment to robust financial scrutiny and environmental, social, and governance (ESG) principles. Investors should note that Ms. Reynolds will participate in Linde's standard non-management director compensation program. This filing primarily concerns the board composition change, with no other material financial updates or operational disclosures provided in this particular 8-K. The company continues to focus on governance enhancements as a key aspect of its corporate strategy.

8-K

LINDE PLC 8-K Report, Corporate Update (Feb 14, 2024)

Feb 14, 2024

Linde plc (LIN) announced on February 14, 2024, the issuance of €2,250 million in aggregate principal amount of senior notes across three tranches: €700 million of 3.000% Notes due 2028, €850 million of 3.200% Notes due 2031, and €700 million of 3.400% Notes due 2036. The net proceeds from this offering, approximately €2,238 million after fees, are intended for general corporate purposes. These notes were issued under Linde's existing European debt issuance program, which has an authorized aggregate principal amount of €10 billion. The issuance is supported by guarantees from Linde GmbH and Linde Inc., both wholly-owned subsidiaries. The notes have been admitted to the official list of the Luxembourg Stock Exchange and will trade on its Euro MTF market. This filing details the terms of the notes and the agreements governing their issuance and management.

8-K

LINDE PLC 8-K Report, Financial Results (Feb 6, 2024)

Feb 6, 2024

Linde plc (LIN) filed an 8-K on February 6, 2024, primarily to furnish a press release detailing its financial results for the fourth quarter and full year ended December 31, 2023. While the 8-K itself does not contain the detailed financial figures, it directs investors to Exhibit 99.1, the press release, for this crucial information. Investors should review the furnished press release for specific performance metrics, earnings per share (EPS), revenue, segment performance, and management's outlook for the upcoming periods. This filing serves as the official notification of the release of these results, making the press release the key document for understanding Linde's operational and financial condition as of the reporting date.

8-K

LINDE PLC 8-K Report, Material Agreement (Dec 6, 2023)

Dec 6, 2023

Linde plc announced on December 6, 2023, the entry into a new unsecured 364-day revolving credit agreement totaling $1.5 billion. This facility, with Bank of America, N.A. as administrative agent and a syndicate of lenders, provides Linde and certain subsidiaries with access to funds for general corporate purposes. The agreement allows for borrowings in various major currencies, including USD, Pounds Sterling, and Euros, with specific provisions for swingline loans. The credit agreement's structure is designed for flexibility, with the option to convert outstanding balances into term loans due one year after the commitment termination date. Notably, the agreement does not include a financial maintenance covenant, which is a positive signal for financial flexibility. As of the filing date, there were no outstanding borrowings under this new facility, indicating a proactive approach to liquidity management by Linde.

10-Q

LINDE PLC Quarterly Report for Q3 Ended Sep 30, 2023

Oct 26, 2023

Linde plc reported solid financial results for the third quarter and the first nine months of 2023, demonstrating resilience and operational strength. While reported sales saw a year-over-year decrease of 7% for the quarter and 4% for the nine-month period, this was largely driven by factors like cost pass-through and a planned divestiture of the GIST business, which are not indicative of core operational performance. Crucially, adjusted operating profit increased by 15% for both the quarter and the nine-month period, showcasing the company's ability to drive profitability through pricing initiatives and productivity gains, which more than offset cost inflation and lower volumes. Key metrics like adjusted diluted earnings per share (EPS) also showed significant year-over-year growth, up 17% for the quarter and 16% for the nine months. The company's financial health remains robust, supported by strong operating cash flow generation and a significant share repurchase program. Linde's strategic focus on pricing and efficiency continues to yield positive results, positioning the company favorably despite a fluctuating global economic landscape.

8-K

LINDE PLC 8-K Report, Financial Results (Oct 26, 2023)

Oct 26, 2023

Linde plc (LIN) has filed an 8-K report on October 26, 2023, primarily announcing its intention to voluntarily withdraw its Ordinary Shares from the New York Stock Exchange (NYSE) and transfer the listing to The Nasdaq Stock Market LLC (Nasdaq). This change is expected to be effective November 7, 2023, with trading on Nasdaq continuing under the same ticker symbol "LIN." The report also incorporates by reference a press release detailing the Company's results of operations for the quarter ended September 30, 2023. While the 8-K does not provide the specific financial results within its text, it signals that these details are available in the accompanying press release (Exhibit 99.1), which investors should consult for performance metrics and financial condition updates.

8-K

LINDE PLC 8-K Report, Rights Modification (Jul 28, 2023)

Jul 28, 2023

Linde plc filed an 8-K on July 28, 2023, reporting on the outcomes of its Annual General Meeting (AGM) held on July 24, 2023. The most significant event for investors was the shareholder approval of amendments to the company's Memorandum and Articles of Association. These amendments reduce certain supermajority shareholder vote requirements, potentially making future corporate actions and decision-making more streamlined. The company also reported overwhelming support for its director nominees, the ratification of PricewaterhouseCoopers (PwC) as its independent auditor, and executive compensation.

10-Q

LINDE PLC Quarterly Report for Q2 Ended Jun 30, 2023

Jul 27, 2023

Linde plc reported strong second quarter 2023 results, demonstrating resilience and operational efficiency. Despite a slight decrease in reported sales due to factors like currency fluctuations and divestitures, the company's adjusted operating profit increased by a notable 15% year-over-year. This growth was primarily driven by effective pricing strategies and productivity initiatives, which more than offset rising costs and unfavorable currency movements. The company also saw a significant increase in reported net income and diluted EPS, largely due to the absence of substantial charges incurred in the prior year related to the conflict in Ukraine. From a segment perspective, the Americas, EMEA, and APAC regions all showed robust growth in operating profit, indicating broad-based strength across its core industrial gases business. While the Engineering segment experienced a sales decline due to project timing, its operating profit remained stable, supported by higher margins on winding down sanctioned Russian projects. Linde's financial position remains strong, with solid cash flow from operations and ample liquidity, supported by significant share repurchase activity and dividend payments.

8-K

LINDE PLC 8-K Report, Financial Results (Jul 27, 2023)

Jul 27, 2023

Linde plc (LIN) filed an 8-K on July 27, 2023, to report its financial results for the quarter ended June 30, 2023. The primary purpose of this filing is to furnish the company's earnings press release, which contains the detailed operational and financial performance for the period. Investors should refer to the furnished press release (Exhibit 99.1) for specific figures and commentary on the company's performance. This 8-K filing itself does not contain new financial statements or substantial operational details beyond referencing the press release. Therefore, the key insights and forward-looking statements are embedded within the earnings release that is incorporated by reference. Investors seeking a comprehensive understanding of Linde's performance, including revenue, earnings per share, segment performance, and any guidance updates, will need to consult the press release.

8-K

LINDE PLC 8-K Report, Corporate Update (Jun 12, 2023)

Jun 12, 2023

Linde plc has announced the issuance of €1.891 billion in aggregate principal amount of new senior unsecured notes across three tranches: €500 million maturing in 2025 at 3.625%, €750 million maturing in 2029 at 3.375%, and €650 million maturing in 2034 at 3.625%. These notes were issued under the company's European debt issuance program, which has an aggregate authorized limit of €10 billion. The net proceeds from this offering are intended for general corporate purposes. This move indicates proactive capital management by Linde to potentially fund ongoing operations, strategic initiatives, or refinance existing debt.

8-K

LINDE PLC 8-K Report, Executive Changes (Apr 28, 2023)

Apr 28, 2023

Linde plc filed an 8-K on April 28, 2023, primarily announcing the retirement of a Board member, Edward G. Galante, effective April 24, 2023. This departure is in accordance with the company's Director Tenure & Resignation Policy, specifically due to Mr. Galante reaching the age of 72. The filing also includes the Cover Page Interactive Data File as an exhibit, which is standard for SEC filings and facilitates data analysis. For investors, this 8-K represents a routine governance update. The retirement of a director due to age limits is a planned event and does not signal any strategic shifts or performance concerns. Investors should view this as a procedural change in board composition. The company's operational and financial performance, which is typically detailed in earnings releases and subsequent 10-Q filings, is not directly addressed in this 8-K. However, understanding board composition and governance policies is a component of long-term investment assessment.

10-Q

LINDE PLC Quarterly Report for Q1 Ended Mar 31, 2023

Apr 27, 2023

Linde plc reported strong financial performance for the first quarter of 2023, demonstrating significant year-over-year growth in both reported and adjusted metrics. Sales remained relatively flat year-over-year at $8,193 million, but this was a result of various offsetting factors including currency headwinds and divestitures, which were counterbalanced by strong price attainment and acquisitions. The company showcased robust operating profit growth of 31% on a reported basis and 16% on an adjusted basis, driven by effective pricing strategies and productivity initiatives. Profitability metrics saw substantial improvements, with reported diluted EPS rising 33% to $3.06 and adjusted diluted EPS increasing 17% to $3.42. This performance underscores Linde's operational efficiency and its ability to navigate inflationary pressures. The company's strategic focus on pricing and cost management, coupled with contributions from acquisitions like nexAir, contributed to these positive results across its segments, particularly in the Americas and EMEA regions. The company also maintained a strong liquidity position with substantial cash on hand and undrawn credit facilities.

8-K

LINDE PLC 8-K Report, Financial Results (Apr 27, 2023)

Apr 27, 2023

Linde plc filed an 8-K on April 27, 2023, to report its financial results for the quarter ended March 31, 2023. The report primarily serves to furnish a press release (Exhibit 99.1) containing these results, which were issued on April 27, 2023. Investors should refer to the press release for detailed financial performance, operational achievements, and forward-looking statements for the first quarter of 2023. The 8-K itself does not contain the detailed financial tables or narrative analysis, as these are provided within the attached press release.

10-K

LINDE PLC Annual Report, Year Ended Dec 31, 2022

Feb 28, 2023

Linde plc reported robust financial performance for the fiscal year ended December 31, 2022, with sales reaching $33.36 billion, an 8% increase year-over-year. This growth was primarily driven by higher pricing across all segments, contributing 7% to sales, with a further 6% from cost pass-through mechanisms. Despite inflationary pressures and adverse currency movements that impacted reported operating profit, adjusted operating profit saw a 10% increase, reflecting strong pricing power and productivity initiatives. The company's global industrial gas operations in the Americas, EMEA, and APAC segments all demonstrated sales growth, with operating profit in these regions increasing by 11%, 7%, and 11%, respectively. The Engineering segment also reported a 17% increase in operating profit. Linde actively managed its capital structure, repurchasing $5.13 billion in ordinary shares under its $10 billion repurchase program and paying $2.34 billion in dividends. The company ended the year with $5.44 billion in cash and cash equivalents, demonstrating solid liquidity. Management remains focused on operational efficiency and strategic growth opportunities, with long-term contracts providing stability. Key risks highlighted include economic downturns, rising energy and raw material costs, and international operational risks, though the company has mechanisms in place to mitigate some of these through contract terms and hedging strategies.

8-K

LINDE PLC 8-K Report, Financial Results (Feb 7, 2023)

Feb 7, 2023

Linde plc filed an 8-K on February 7, 2023, to report its financial and operational results for the quarter and full year ended December 31, 2022. The core of this filing is the press release (Exhibit 99.1) which contains the detailed earnings information that investors need to assess the company's performance. While the 8-K itself is a procedural filing, it signifies the public release of crucial financial data, enabling investors to evaluate Linde's revenue, profitability, and overall financial condition. Investors should refer to the furnished press release (Exhibit 99.1) for specific financial metrics, including but not limited to, earnings per share (EPS), net income, revenue figures, and any forward-looking guidance provided by the company. This information is essential for understanding Linde's recent performance trends and for making informed investment decisions regarding the company's stock.

8-K

LINDE PLC 8-K Report, Executive Changes (Jan 24, 2023)

Jan 24, 2023

Linde PLC (LIN) announced a significant change to its Board of Directors with the election of Hugh Grant as a new member, effective January 23, 2023. Mr. Grant's appointment brings valuable experience to the board, and he will contribute to key committees: the Nomination and Governance Committee and the Human Capital Committee. This move signals a potential strengthening of the board's oversight and strategic direction in areas critical to corporate governance and human resources management.

8-K

LINDE PLC 8-K Report, Shareholder Vote Results (Jan 23, 2023)

Jan 23, 2023

Linde plc (LIN) filed an 8-K on January 23, 2023, reporting the outcomes of its Court Meeting and Extraordinary General Meeting (EGM) held on January 18, 2023. The primary purpose of these meetings was for shareholders to vote on a proposed reorganization transaction designed to delist Linde's ordinary shares from the Frankfurt Stock Exchange and maintain a sole listing on the New York Stock Exchange. Shareholders overwhelmingly approved the key proposals related to this reorganization, including the Scheme of Arrangement, amendments to the articles of association, and the Common Draft Terms of Merger. The high approval rates, with over 93% of votes cast in favor for each proposal, indicate strong shareholder support for the simplification of Linde's stock listings and corporate structure. The increased shareholder participation, with over 77% of outstanding shares represented at the Court Meeting and over 80% at the EGM, further solidifies the mandate for these strategic changes.

8-K

LINDE PLC 8-K Report, Material Agreement (Dec 8, 2022)

Dec 8, 2022

Linde plc (LIN) announced the execution of two significant unsecured credit agreements on December 7, 2022. The first is a "Five Year Credit Agreement" with initial commitments of $5 billion, extendable up to $6.5 billion, maturing on December 7, 2027. This facility is available for general corporate purposes and allows borrowings in multiple currencies, including USD, GBP, and EUR, with provisions for swingline loans and letters of credit totaling up to $600 million. The second agreement is a "364-Day Credit Agreement" with initial commitments of $1.5 billion, expiring approximately one year after its execution. Similar to the five-year agreement, it supports general corporate needs and allows for multi-currency borrowings and swingline loans. Both agreements are unsecured, feature a ratings-based pricing grid for interest margins, and notably, do not include financial maintenance covenants, which generally provides greater flexibility for the company. As of the filing date, neither credit facility had any outstanding usage.

8-K

LINDE PLC 8-K Report, Corporate Update (Dec 5, 2022)

Dec 5, 2022

Linde plc (LIN), through its wholly owned subsidiary Linde Inc., has successfully issued $900 million in aggregate principal amount of new senior notes. The offering comprises $300 million of 4.800% notes due in 2024 and $600 million of 4.700% notes due in 2025. These notes are fully and unconditionally guaranteed by the parent company, Linde plc, and further guaranteed by another subsidiary, Linde GmbH, providing strong credit backing for investors. The net proceeds from this debt issuance are approximately $895.6 million, which the company intends to use for general corporate purposes. This debt issuance represents a strategic move by Linde to bolster its liquidity and fund ongoing operations or potential future investments. The interest rates on the notes are fixed, offering certainty of financing costs for the company. Investors in these notes gain exposure to Linde's credit profile, supported by its global industrial gas operations and the explicit guarantees from its parent and a key subsidiary. The filing also includes the relevant underwriting and indenture agreements, which provide detailed terms and conditions for the debt offering.

8-K

LINDE PLC 8-K Report, Financial Results (Oct 27, 2022)

Oct 27, 2022

Linde plc (LIN) filed an 8-K on October 27, 2022, to report its financial results for the quarter ended September 30, 2022. The primary purpose of this filing is to incorporate by reference the press release containing these results, which was issued on the same day. Investors should review the furnished press release (Exhibit 99.1) for detailed financial performance, operational updates, and forward-looking statements related to the third quarter of 2022. This 8-K serves as the official notification of the company's earnings release, making the press release the key document for understanding Linde's recent financial condition and operational outcomes. While the 8-K itself is brief, it directs investors to the press release for comprehensive information. Therefore, any analysis of Linde's performance for the period ending September 30, 2022, must be based on the content of Exhibit 99.1. This includes reviewing metrics such as revenue, earnings per share, segment performance, and any management commentary on business trends, economic conditions, and future outlook. The filing indicates no other material events or changes requiring disclosure beyond the financial results announcement.

10-Q

LINDE PLC Quarterly Report for Q3 Ended Sep 30, 2022

Oct 27, 2022

Linde plc reported a strong third quarter for 2022, demonstrating robust sales and earnings growth. Total sales increased by 15% year-over-year, driven by a combination of higher pricing (8%) and increased volumes (3%), alongside an 8% contribution from cost pass-through mechanisms. This top-line growth translated into a significant increase in profitability, with reported operating profit up 25% and adjusted operating profit up 11%. Diluted earnings per share (EPS) from continuing operations saw a substantial increase of 35% on a reported basis and 14% on an adjusted basis, signaling effective operational management and pricing power. The company's performance was broad-based across its segments, with notable sales growth in the Americas (20%) and Engineering (38%). Despite inflationary pressures and unfavorable currency movements (which negatively impacted sales by 7%), Linde successfully navigated these challenges through pricing strategies, productivity initiatives, and cost pass-through. The company also continued its commitment to shareholder returns, with significant share repurchases during the quarter. Looking ahead, Linde's diversified business model and strategic focus on essential industrial gases position it well to manage economic uncertainties.