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Stock impact report

Winnebago Industries Announces New $200 Million Share Repurchase Authorization

Winnebago Industries, Inc. (WGO) 
Last winnebago industries, inc. earnings: 3/25 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
EDEN PRAIRIE, Minn., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the company’s Board of Directors authorized a new share repurchase authorization of up to $200 million of the company’s common stock. The share repurchase authorization replaces the previous $70 million share repurchase program. President and Chief Executive Officer Michael Happe commented, “This share repurchase authorization is the largest in Winnebago Industries’ history and reflects our confidence in the business, our strong cash generation ability and commitment to creating value for shareholders. Additionally, we recently announced a 50% increase in our quarterly dividend in August, further exemplifying the optimism we have in our future performance. By continuing to grow revenues, gain market share, drive enhanced levels of profitability and cash flow, we have the opportunity to pass these successes to our shareh Show less Read more
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