Valmont Announces $250 Million Share Repurchase Reauthorization
Valmont Industries, Inc. (VMI)
Last valmont industries, inc. earnings: 4/22 05:33 pm
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US:NYSE Investor Relations:
valmont.com/financial-information
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Source: PR Newswire
OMAHA, Neb., Oct. 31, 2018 /PRNewswire/ -- Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today announced that its Board of Directors has approved a reauthorization of the current share repurchase program. Under this reauthorization, which will be effective once the current authorization is completed, the Company is authorized to purchase up to $250 million of its outstanding common stock from time to time, by means of open market purchases or through privately-negotiated transactions. The reauthorization has no stated expiration date. The purchases will be funded from available cash balances and ongoing cash flows, and will be made subject to market and economic conditions. The Company is not obligated to make any repurchases and may discontinue the program at any time. As of September 29, 2018, the Company had approximately $45 million remaining
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News
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VMI
Earnings
- 2/21/24 - Beat
VMI
Sec Filings
- 3/26/24 - Form DEFA14A
- 3/26/24 - Form ARS
- 3/26/24 - Form DEF
- VMI's page on the SEC website