GALWAY, Ireland, Feb. 12, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL), a world leader in connectors and sensors, has entered into a definitive agreement to acquire Richards Manufacturing Co. from funds managed by Oaktree Capital Management, L.P. and members of the Bier family, long-standing owners and leaders of the business. The transaction will strengthen TE's position in serving electrical utilities in North America by combining complementary product portfolios and adding the expertise of the Richards team, enabling TE to benefit from strong growth trends in underground electrical networks.

GALWAY, Ireland, Feb. 4, 2025 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectors and sensors, has been named to Fortune's World's Most Admired Companies list for the eighth consecutive year, reaffirming the company's strong reputation within the global business community.

"Our teams around the world are dedicated to driving innovation and being a trusted partner to our customers," said CEO Terrence Curtin. "This commitment is central to how we focus on TE's purpose of creating a safer, sustainable, productive and connected future. I'm pleased that the hard work of our teams is being recognized with our inclusion on this prestigious World's Most Admired Companies list."

GALWAY, Ireland, Jan. 28, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) ("TE Connectivity") today announced that Tyco Electronics Group S.A. ("TEGSA"), its indirect wholly-owned subsidiary, has priced an offering of €750 million aggregate principal amount of its 3.250% senior notes due 2033.

The offer is being made pursuant to an effective registration statement filed by TE Connectivity, TE Connectivity Switzerland Ltd. and TEGSA on October 1, 2024, which includes a prospectus, and a prospectus supplement dated January 28, 2025.

EPS above guidance with record first quarter cash generation

GALWAY, Ireland, Jan. 22, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 27, 2024.

First Quarter Highlights

Net sales were $3.84 billion, flat year over year and as expected on an organic basis.Compared to guidance, sales were unfavorably impacted by increased currency exchange headwinds.Earnings per share (EPS) above guidance, with GAAP diluted EPS from continuing operations at $1.75. Adjusted EPS was $1.95, up approximately 6% year over year.Orders of $4.0 billion, up 6% year over year and 4% sequentially, driven by the Industrial segment, with increased momentum in artificial intelligence programs.Operating margin was 18% and adjusted operating margin was a quarterly record at 19.4%, driven by strong operational execution.Record first quarter cash generation, including:Cash from operating activities of $878 million, up 22% year over year.Free cash flow of $674 million, up 18% year over year.Returned approximately $500 million to shareholders and deployed $325 million for bolt-on acquisitions in the Industrial segment.Named to Dow Jones Sustainability Index for the 13th consecutive year.

2025 Corporate Equality Index assesses LGBTQ+ workplace equality

GALWAY, Ireland, Jan. 7, 2025 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectors and sensors, has earned a top score on the Human Rights Campaign Foundation 2025 Corporate Equality Index, placing it among employers in the United States honored with the Equality 100 Award.

"Inclusion is one of TE's core values," says CEO Terrence Curtin. "It is important all of our employees feel welcome and valued at TE so they, in turn, can feel empowered to give us their best effort at work and help drive innovation forward. We continually assess our policies around the world to maintain a positive and productive workplace for all."

GALWAY, Ireland, Jan. 7, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) will hold its 2025 annual general meeting of shareholders (AGM) on March 12 at 2 p.m. GMT at the Conrad Dublin, Earlsfort Terrace, Dublin, Ireland. Shareholders who are registered with voting rights in the share register of TE as of the close of business (EST) on Jan. 13 (the record date) will be entitled to vote on the matters presented at the AGM. Beneficial holders whose shares are held by nominees registered with voting rights in TE's share register on their behalf as of the same time and date will be entitled to instruct nominees to vote on the matters presented at the AGM.

GALWAY, Ireland, Jan. 3, 2025 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectors and sensors, has earned recognition from the Dow Jones Sustainability Index for its ongoing commitment to sustainable business practices for the 13th consecutive year.

"It is important to all of us at TE that we have a positive impact on the world around us," said CEO Terrence Curtin. "We continue to prioritize sustainability in our products and practices to drive future growth and help us work toward a better tomorrow."

GALWAY, Ireland, Jan. 2, 2025 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) will report financial results for the first quarter of fiscal 2025 before trading begins on January 22, 2025. The company will hold a conference call for investors at 8:30 a.m. ET. The conference call may be accessed in the following ways:

At TE Connectivity's website: investors.te.com By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (800) 715-9871 and for international callers, the dial-in number is (646) 307-1963A replay of the conference call will be available on TE Connectivity's investor website at investors.te.com at 11:30 a.m. ET on January 22, 2025.

Board of directors authorizes $2.5 billion increase in share repurchase program

GALWAY, Ireland, Oct. 30, 2024 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) today reported results for the fiscal fourth quarter and fiscal year ended Sept. 27, 2024.

Fourth Quarter Highlights

Net sales were above guidance at $4.1 billion, up 1% on a reported basis year over year and 2% organically.GAAP diluted earnings per share (EPS) from continuing operations were $0.90, down 49% year over year, including a one-time tax-related impact of $0.78. Adjusted EPS exceeded guidance at an all-time record $1.95, up 10% year over year.Operating margins were 16.0% and adjusted operating margins were a fourth quarter record at 18.6%, driven by strong operational performance.Cash flow from operating activities was approximately $1 billion and free cash flow was $833 million, with $952 million returned to shareholders, continuing the company's strong cash generation and disciplined deployment model.

GALWAY, Ireland, Oct. 9, 2024 /PRNewswire/ -- TE Connectivity plc (NYSE: TEL) will report financial results for the fourth quarter and full year of fiscal 2024 before trading begins on October 30, 2024. The company will hold a conference call for investors at 8:30 a.m. ET. The conference call may be accessed in the following ways:

At TE Connectivity's website: investors.te.com  By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (800) 715-9871 and for international callers, the dial-in number is (646) 307-1963A replay of the conference call will be available on TE Connectivity's investor website at investors.te.com at 11:30 a.m. ET on October 30, 2024.