Hexcel Board of Directors Authorizes $500 Million of Additional Share Repurchases
Hexcel Corporation (HXL)
Last hexcel corporation earnings: 2/3 04:10 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=75598&p=irol-investors
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Source: GlobeNewswire
STAMFORD, Conn., May 07, 2018 (GLOBE NEWSWIRE) -- Hexcel Corporation (NYSE:HXL) announced today that the Company’s Board of Directors has authorized the repurchase of an additional $500 million of the Company’s stock. Under the program, the Company may purchase its common stock from time to time in the open market or in privately negotiated transactions. The repurchases will be funded from cash from operating activities and, if needed, the Company’s existing loan facility. The amount and timing of the purchases will depend on a number of factors including the price and availability of shares of common stock, trading volume and general market conditions. As of March 31, 2018, there was $212 million remaining under the authorized share repurchase program. About HexcelHexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials including carbon fibers, specialty reinforcements, prepregs and oth
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News
- Hexcel Co. (NYSE: HXL) had its price target lowered by analysts at UBS Group AG from $77.00 to $73.00. They now have a "neutral" rating on the stock.MarketBeat
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HXL
Earnings
- 4/22/24 - In-Line
HXL
Sec Filings
- 4/22/24 - Form 10-Q
- 4/22/24 - Form 8-K
- 4/9/24 - Form DEFA14A
- HXL's page on the SEC website