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Stock impact report

MSA Safety Announces Share Repurchase Program [Yahoo! Finance]

MSA Safety Incorporated (MSA) 
Last msa safety incorporated earnings: 4/29 05:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.msasafety.com
Company Research Source: Yahoo! Finance
a new share repurchase program of up to $500 million of the company's common stock. The program replaces the previous $200 million share repurchase program, authorized in 2024. The timing, price and volume of the repurchases will be determined by market conditions, applicable securities laws and other factors. The Board did not set a termination date for the new program. MSA Safety Incorporated "MSA has a long-standing cash generation record," commented Steve Blanco, MSA Safety President and Chief Executive Officer. "As we advance our Accelerate strategy to drive profitable growth, we expect to continue to deliver annual free cash flow conversion in the 90 to 100% range, in line with our targets. MSA is committed to a disciplined and balanced capital deployment strategy. The new share repurchase authorization reflects the Board's confidence in our ability to execute our long-term strategy and create shareholder value, while staying true to our mission of helping to protect workers Show less Read more
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