×
0 0 0 0 0 0 -0.002028397565923 0.0136916835699796
Stockreport

Plexus Announces Revised Capital Allocation Plan and Employee Bonus

Plexus Corp (PLXS)  More Company Research Source: GlobeNewswire
Last plexus corp earnings: 1/16 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: plexus.gcs-web.com/investor-overview
PDF NEENAH, Wis., Feb. 20, 2018 (GLOBE NEWSWIRE) -- Plexus Corp. (NASDAQ:PLXS) today announced that recent U.S. tax reform will enable it to tax-efficiently repatriate approximately $500 million of offshore cash into the United States.  As a result, Plexus has established a revised capital allocation plan that is intended to fund growth investments, reduce debt, reward our employees and enhance shareholder value.  A summary of the capital allocation plan is summarized below: Plexus expects to pay down its existing debt balance held under its revolving credit facility.  Eliminating the current debt balance will provide Plexus the full capacity of the revolving credit facility to support future growth investments.Plexus has $175 million of senior notes that mature in June 2018.  To further reduce debt, Plexus intends to refinance up to $150 million of the senior notes in an effort to lower interest expense while maintaining leverage on the balance sheet. In June 2016, Plexus announced a [Read more]

IMPACT SNAPSHOT EVENT TIME: PLXS
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 (SHARES)
TICKS

AVG SHARES PER TRADE

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
PLXS alerts
from News Quantified
Opt-in for
PLXS alerts

from News Quantified
Opt-in for
PLXS alerts

from News Quantified