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Stock impact report

Wabash National Corporation Announces $100 Million Increase to Stock Repurchase Program

Wabash National Corporation (WNC) 
Last wabash national corporation earnings: 2/12 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.wabashnational.com
Company Research Source: GlobeNewswire
LAFAYETTE, Ind., Nov. 15, 2018 (GLOBE NEWSWIRE) -- Wabash National Corporation (NYSE: WNC) today announced that its Board of Directors has authorized the company to repurchase up to an additional $100 million of its common stock through February 2022, representing approximately 12 percent of the company’s current market capitalization. This is an increase to the existing repurchase program approved in February 2017, of which approximately $5 million was available as of November 14, 2018. Brent Yeagy, President and Chief Executive Officer, said, “Since 2015, we have returned approximately $255 million to our stockholders through multiple discretionary repurchase authorizations. The Board authorizing another increase to our stock repurchase program further validates our continued commitment to deliver return of capital to our stockholders through both our regular quarterly dividend and stock repurchases. We remain confident that we will generate sufficient cash flow to execute our ca Show less Read more
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