Home Top News and Stories Business News Headlines Altra Announces New $300 Million Share Repurchase Program

Altra Announces New $300 Million Share Repurchase Program

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Altra Announces New $300 Million Share Repurchase Program

The Company expects to purchase shares on the open market, through block trades, in privately negotiated transactions, in compliance with SEC Rule 10b-18 (including through Rule 10b5-1 plans), or in such other appropriate manner. The timing of the shares repurchased (or the entry into 10b5-1 repurchase plans) will be at the discretion of management and will depend on a number of factors, including price, market conditions and regulatory requirements. Shares acquired through the repurchase program will be held as treasury shares and may be used for general corporate purposes. The Company retains the right to limit, terminate or extend the share repurchase program at any time without prior notice. Read More

 
   

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