Thermon Announces Inaugural $50 Million Share Repurchase Program [Yahoo! Finance]
Thermon Group Holdings, Inc. (THR)
Last thermon group holdings, inc. earnings: 2/6 07:55 am
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US:NYSE Investor Relations:
ir.thermon.com/investor-relations
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Source: Yahoo! Finance
process heating solutions, today announced that its Board of Directors (the "Board") has authorized the repurchase of up to $50 million of Thermon's outstanding shares of common stock through March 15, 2027 (the "Repurchase Program"). Bruce Thames, Thermon's President and Chief Executive Officer, commented, "Today's authorization of Thermon's inaugural Repurchase Program underscores the Board's confidence in our long-term strategy and growth trajectory, as we continue our transformative journey to becoming the world leader in industrial process heating. Our disciplined capital allocation program is a key pillar of our strategy, and this Repurchase Program is being established to offset dilution as an integral part of that framework. The strength of our balance sheet gives us significant optionality to invest organically, inorganically, as evidenced by our recent acquisition of Vapor Power, or through this Repurchase Program. The Repurchase Program will also provide the flexibility t
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News
- Does Thermon Group Holdings (NYSE:THR) Deserve A Spot On Your Watchlist? [Yahoo! Finance]Yahoo! Finance
- Thermon Group Holdings, Inc. (NYSE: THR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Thermon Group: Cooling Down A Bit [Seeking Alpha]Seeking Alpha
- Thermon Group Holdings, Inc. (NYSE: THR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Thermon Announces Senior Leadership Changes [Yahoo! Finance]Yahoo! Finance
THR
Earnings
- 2/1/24 - Beat
THR
Sec Filings
- 4/12/24 - Form 3
- 4/3/24 - Form 8-K
- 4/3/24 - Form 4
- THR's page on the SEC website