Your email has been successfully added to our mailing list.

×
0.019108280254777 0.019108280254777 0.0165605095541401 0.0203821656050954 0.0286624203821657 0.045859872611465 0.0420382165605094 0.0382165605095541
Stock impact report

Garrett Motion Authorizes $100 Million Share Repurchase Program

Garrett Motion Inc. (GTX) 
Last garrett motion inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
ROLLE, Switzerland, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading, differentiated technology provider for the automotive industry, today announced it has authorized a $100 million share repurchase program valid until November 15, 2022. The board has formed a pricing committee, including certain independent board members, to determine the best pricing and structure for the share repurchase program. Purchases will be made pro rata between Series A Preferred and common shares. The Series A Preferred shares are treated on an as-converted basis for the repurchase program, therefore, the $100 million will be split approximately 4.0:1.0 between Series A Preferred shares and common shares. “Today’s authorization of a $100 million share repurchase program is a clear step to enhance shareholder return as we continue to normalize and further improve Garrett’s capital structure and reflects the confidence we have in our outlook and the value we see in our share Show less Read more
Impact Snapshot
Event Time:
GTX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GTX alerts
Opt-in for
GTX alerts

from News Quantified
Opt-in for
GTX alerts

from News Quantified