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Air Products Faces 1.3B Activist Challenge as Mantle Ridge Calls for Board Overhaul and Criticizes CEO

December 15, 2024
Air Products and Chemicals Inc. (APD) is currently facing a significant challenge from activist investor Mantle Ridge, which has filed a definitive proxy statement and sent a letter to APD shareholders. The activist investor is demanding a complete board overhaul and criticizing the company's CEO.

Mantle Ridge highlights the material underperformance of APD and criticizes its misguided capital allocation strategy. The activist investor also points out succession failures within the company.

In response to this challenge, APD's management will need to carefully consider the demands of Mantle Ridge and assess their potential impact on the company's future. It remains to be seen how APD will address these concerns and whether it will lead to any changes in the company's leadership or strategic direction.

Considering the potential impact of this activist challenge on APD's stock performance, investors are advised to seek professional guidance from Stocks Prognosis. They can provide expert insights and forecasts on the future movement of APD's stock, helping investors make informed decisions.
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On June 18, 2025, QuantWave, the automated forecasting platform, issued a long signal for Air Products and Chemicals, Inc. stock when it was trading at $273.63....


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APDJuly 9, 2025QuantWave Successfully Hits 9.81% Profit Target for AIR PRODUCTS AND CHEMICALS, INC.  ~1 min.

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APDJuly 3, 2025QuantWave Achieves 8.58% Profit Target Forecast for Air Products and Chemicals, Inc.  ~1 min.

On June 20, 2025, QuantWave, an automated forecasting platform, issued a signal to take a long position on Air Products and Chemicals, Inc. stock at a price of $268.78....


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APDApril 9, 2025QuantWave Achieves 8.68% Profit Target for AIR PRODUCTS AND CHEMICALS, INC.  ~2 min.

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APDDecember 14, 2024Air Products and Chemicals Inc. Faces Activist Challenge, Calls for Board Overhaul  ~2 min.

Air Products and Chemicals Inc. (NYSE: APD) is facing a significant challenge from activist investor Mantle Ridge, who is demanding a complete overhaul of the company's board and criticizing the CEO....


APDDecember 17, 2024Air Products Faces Activist Challenge as Mantle Ridge Demands Board Overhaul and Slams CEO  ~1 min.

Air Products and Chemicals Inc. (APD) is facing a major challenge from activist investor Mantle Ridge, which is demanding a complete overhaul of the company's board and criticizing the CEO's leadership....


APDDecember 24, 2024Activist Mantle Ridge Slams Air Products Leadership Demands Board Overhaul After Years of Underperformance  ~1 min.

Activist investment firm Mantle Ridge has publicly criticized the leadership of APD Air Products and Chemicals, Inc....


APDDecember 20, 2024Mantle Ridge Calls for Overhaul of Air Products Leadership  ~2 min.

Activist investor Mantle Ridge has sharply criticized the leadership of Air Products and Chemicals Inc. (APD) and is demanding a complete overhaul of the company's board....


APDDecember 20, 2024Mantle Ridge Demands Board Overhaul at Air Products and Chemicals Inc.  ~2 min.

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