AZEK's Board Approves $600 Mln Share Repurchase Program Of Its Class A Common Stock
- by Business Insider
- Jun 17, 2024
- 0 Comments
- 0 Likes Flag 0 Of 5
Jun. 17, 2024, 09:50 AM
(RTTNews) - Monday, AZEK Co. Inc. (AZEK) announced that its Board has approved the repurchase of up to $600 million of Class A common stock, in addition to the approximately $75 million remaining from a prior authorization.
The company, known for its low-maintenance and environmentally sustainable outdoor living products, stated that this initiative allows for repurchasing shares through open market or privately negotiated transactions, structured transactions via investment banking institutions, accelerated share repurchases, or tender offers.
SHARE THIS POST
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Sponsored
Popular Post
Tesla: Buy This Dip, Energy Growth And Margin Recovery Are Vastly Underappreciated
28 ViewsJul 29 ,2024