News Release Archives

  • 11/21/14 11:34 am EST
    ELYRIA, Ohio--(BUSINESS WIRE)--The Board of Directors of Invacare Corporation (NYSE:IVC) announced that it declared a cash dividend of $.0125 per share on its common shares and $.011364 per share on its Class B common shares payable January 14, 2015 to shareholders of record on January 5, 2015. Invacare Corporation (NYSE:IVC), headquartered in Elyria, Ohio, is a global leader in the manufacture and distribution of innovative home and long-term care medical productsmore...
  • 11/14/14 4:45 pm EST
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) announced today that the Company’s founder, A. Malachi Mixon, III, 74, will retire as Executive Chairman of the Board of Directors, effective December 21, 2014. Mr. Mixon will continue his responsibilities as a non-employee member of the Board until the 2015 annual meeting when the Company will nominate him for one additional term after which he will reach the Board's mandatory retirement age of 75more...
  • 11/14/14 4:30 pm EST
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) announced today the retirement of Joseph B. Richey, II, President - Invacare Technologies Division and Senior Vice President - Electronic and Design Engineering, effective November 30, 2014. ''Thirty-five years ago, J.B. was a critical member of the small group of investors that founded the Invacare Corporation that we all know today. With his financial support and then his engineering support inmore...
  • 10/23/14 6:30 am EDT
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced its financial results for the quarter and nine months ended September 30, 2014. Except for free cash flow(a), the financial information for all periods excludes the results of discontinued operations. Discontinued operations include Invacare Supply Group (ISG), the Company's former domestic medical supplies business that was divested on January 18, 2013, Champion Manufacturing, Inc. (more...
  • 10/2/14 4:52 pm EDT
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE:IVC) (“Invacare” or the “Company”) announces that it will release its financial results for the third quarter 2014 before the market opens on Thursday, October 23, 2014. The Company will sponsor a conference call for investors and other interested parties on Thursday, October 23, at 8:30 AM ET to discuss the Company’s performance. Those wishing to participate in the live call should dial 888-515-2880, or formore...
  • 9/30/14 7:30 am EDT
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) announced today that it has amended its credit agreement effective September 30, 2014. The amended agreement provides the Company with additional flexibility in calculating its financial covenants through the duration of the credit agreement. ''We believe it is prudent to amend the terms of our existing credit agreement at this time to ensure we have flexibility on our covenant structure in light of amore...
  • 8/29/14 5:25 pm EDT
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) announced today that it has completed the sale of Altimate Medical, Inc. (Altimate), its domestic manufacturer of stationary standing assistive devices for use in patient rehabilitation, to Rockwood Equity Partners for approximately $23,000,000 in cash, subject to a $1,000,000 escrow arrangement and further subject to certain post-closing adjustments. Robert K. Gudbranson, Invacare Interim President andmore...
  • 8/20/14 4:30 pm EDT
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced a restructuring initiative that is expected to generate $14 to $15 million in annualized pre-tax savings when fully instituted in 2015. The initiative includes a reduction to the Company’s workforce of approximately 150 associates and 40 temporary associates from the North America/Home Medical Equipment (HME), Institutional Products Group and Asia/Pacific segments. ''Invacare is committedmore...
  • 8/12/14 11:44 am EDT
    ELYRIA, Ohio--(BUSINESS WIRE)--The Board of Directors of Invacare Corporation (NYSE:IVC) announced that it declared a cash dividend of $.0125 per share on its common shares and $.011364 per share on its Class B common shares payable October 10, 2014 to shareholders of record on October 2, 2014. Invacare Corporation (NYSE:IVC - news), headquartered in Elyria, Ohio, is a global leader in the manufacture and distribution of innovative home and long-term caremore...
  • 7/24/14 6:35 am EDT
    ELYRIA, Ohio--(BUSINESS WIRE)--Invacare Corporation (NYSE: IVC) today announced that Gerald B. Blouch, President and Chief Executive Officer, will retire effective July 31, 2014. Mr. Blouch also will retire from his position as a member of the Board of Directors at that time. Robert K. Gudbranson, Invacare’s Senior Vice President and Chief Financial Officer, has been named interim President and Chief Executive Officer, while retaining his role as the Company’s Chief Financialmore...

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