MILLER INDUSTRIES BOARD AUTHORIZES NEW SHARE REPURCHASE PROGRAM
Miller Industries, Inc. (MLR)
US:NYSE Investor Relations:
millerind.com/investor-relations
Company Research
Source: PR Newswire
CHATTANOOGA, Tenn., April 2, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced that its Board of Directors has authorized a $25.0 million share repurchase program.William G. Miller, II, Chief Executive Officer, commented, "In light of the Company's strong financial performance in 2023, we mentioned on our last earnings call that we were evaluating a number of capital allocation priorities in an effort to maximize shareholder value. We believe that our shareholders should share in the upside of our outperformance, and that is why we increased our quarterly dividend by 5.6% last quarter. As a next step in that process the Board has announced a share repurchase program, which is intended to create more value for all of our shareholders. We believe this announcement reflects the Board's confidence in our team and the underlying strength of our business, our balance sheet, and our end markets."Through its share repurchase progra
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MLR
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- 4/2/24 - Form 8-K
- MLR's page on the SEC website