Item 8.01Other Events.
On September 20, 2019, Alcoa Corporation (the "Company") issued a press release
announcing that members of the United Steelworkers (USW) have ratified a new,
four-year labor agreement covering approximately 1,700 active employees at five
of the Company's U.S. locations, and in connection with such ratification, the
Company expects to incur additional operating expenses in the third quarter 2019
of approximately $10 million (pre- and after-tax), or $0.05 per share. A copy of
the press release is attached hereto as Exhibit 99.1 and is incorporated herein
This Current Report on Form 8-K contains statements that relate to future events
and expectations, including those relating to estimated operating expenses, and
as such constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements include
those containing such words as "anticipates," "believes," "could," "estimates,"
"expects," "forecasts," "intends," "may," "outlook," "plans," "projects,"
"seeks," "sees," "should," "targets," "will," "would," or other words of similar
meaning. All statements that reflect the Company's expectations, assumptions or
projections about the future, other than statements of historical fact, are
forward-looking statements. Forward-looking statements are not guarantees of
future performance and are subject to known and unknown risks, uncertainties,
and changes in circumstances that are difficult to predict. Although the Company
believes that the expectations reflected in any forward-looking statements are
based on reasonable assumptions, it can give no assurance that these
expectations will be attained and it is possible that actual results may differ
materially from those indicated by these forward-looking statements due to a
variety of risks and uncertainties. Additional information concerning factors
that could cause actual results to differ materially from those projected in the
forward-looking statements is contained in the Company's filings with the U.S.
Securities and Exchange Commission. The Company disclaims any obligation to
update publicly any forward-looking statements, whether in response to new
information, future events or otherwise, except as required by applicable law.
Item 9.01 Financial Statements and Exhibits.
99.1 Press release of Alcoa Corporation dated September 20,
104 Cover Page Interactive Data File (embedded within the Inline
The internet addresses in the press release attached as Exhibit 99.1 hereto are
included only as inactive textual references and are not intended to be active
links to the information therein. Information contained on such websites or
platforms, or that can be accessed therein, do not constitute a part of this
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