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Stock impact report

EnerSys Touts Data Center Growth, Lithium Trials and South Carolina Defense Pivot in Update Call [Yahoo! Finance]

EnerSys (ENS) 
Last enersys earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.enersys.com
Company Research Source: Yahoo! Finance
business to grow about 20% this year ; it also launched its first lithium data center battery trials and says lithium-driven sales are likely to show up in fiscal 2028 The planned lithium plant in South Carolina has been reframed toward supporting U.S. defense/domestication of soldier-power supply chains, with EnerSys citing a $200 million Department of Energy grant (seeking reaffirmation) and about $200 million in state incentives, though plans remain aspirational until government definitization. Capital priorities include about $75–$100 million of ongoing capex for the lead-acid footprint, an authorized $1 billion share repurchase program (company buying back stock aggressively), and roughly $40 million per quarter in 45X benefits with an expected $120 million refund. Interested in Enersys? Here are five stocks we like better. 3 Battery Stocks to Buy and Hold for the Rest of the Decade EnerSys (NYSE:ENS) executives used a company update call to outline how the battery and Show less Read more
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