Latest news with #www.lennox.com
Cision Canada
23-06-2025
- Business
- Cision Canada
Lennox Unveils Elite Series EL18KSLV Side Discharge Heat Pump Designed for Compact Homes Français
The Lennox Side Discharge Heat Pump is a compact unit designed for efficient, quiet operation. DALLAS, June 23, 2025 /CNW/ -- Lennox Residential HVAC, industry-leader in home comfort solutions, announced the launch of the Elite Series EL18KSLV Side Discharge Heat Pump, combining efficient performance and space-saving design. "The Side Discharge Heat Pump gives homeowners in zero-lot-line or narrow-lot homes access to a high-efficiency heat pump without needing extra space," said Sarah Martin, executive vice president and president of Lennox Home Comfort Solutions. "As more homeowners consider all-electric solutions, we are committed to expanding our product range to help our dealers meet their needs." The EL18KSLV Side Discharge Heat Pump features a narrow cabinet designed for easy installation in space-limited areas, such as zero-lot-line homes. Its variable-capacity design adjusts output to align with household comfort needs while supporting energy efficiency. With ratings up to 19.00 SEER2 and 10.00 HSPF2, the unit is built to help reduce energy use and may contribute to lower utility costs throughout the year. A precision-balanced, direct-drive fan enables sound levels as low as 54 decibels, comparable to an electric toothbrush. The EL18KSLV Side Discharge Heat Pump is compatible with multiple Lennox smart thermostat product lines, allowing users to manage settings through various smart home platforms. The unit qualifies for the Energy Efficient Home Improvement Credit, a federal incentive for high-efficiency home upgrades. Additional utility or regional incentives may apply. 1 The EL18KSLV Side Discharge Heat Pump is available to purchase through local Lennox dealers. For details, visit ABOUT LENNOX Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information is available at For media inquiries, contact [email protected]. 1 Lennox Industries Inc. ("Lennox") is not a tax advisor and does not make any representation, warranty, guarantee or other assurance as to whether a particular matchup qualifies or is eligible for tax credits. Moreover, the tax laws are subject to change. As a result, Lennox highly recommends that you consult with a tax advisor regarding your qualification for the tax credits in your circumstance and verify and review the applicable tax laws and regulations.
Yahoo
22-05-2025
- Business
- Yahoo
Lennox Increases Quarterly Dividend and Stock Repurchase Authorization
DALLAS, May 22, 2025 /PRNewswire/ -- The board of directors at Lennox (NYSE: LII), a leader in energy-efficient climate-control solutions, approved a 13% increase in the quarterly dividend from $1.15 to $1.30 per share of common stock, payable July 15, 2025, to stockholders of record as of June 30, 2025. The Lennox Board of Directors also approved a $1 billion increase to its existing stock repurchase authorization, in addition to approximately $290 million remaining under prior authorizations as of May 12, 2025. "The increase in our dividend and share repurchase authorization reflects our confidence in the company's performance and ability to generate strong, consistent cash flow," said Lennox Chief Financial Officer Michael Quenzer. "We remain committed to returning capital to shareholders, while maintaining a disciplined leverage profile and the flexibility to pursue strategic bolt-on M&A opportunities that accelerate growth." Stock repurchases may be made from time to time at management's discretion. The stock repurchase program permits shares to be repurchased in a variety of methods, including open market purchases, accelerated share repurchases, or other privately negotiated transactions. The stock repurchase program has no time limit and may be suspended or discontinued at any time. About LennoxLennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at Media Contactpr@ Investor Relations Contactinvestor@ View original content to download multimedia: SOURCE Lennox International Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
