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Stock impact report

ASGN Announces $250 Million Stock Repurchase Program

ASGN Incorporated (ASGN) 
Last asgn incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Business Wire
CALABASAS, Calif.--(BUSINESS WIRE)-- ASGN Incorporated (NYSE: ASGN) announced today that its Board of Directors approved a stock repurchase program under which the Company may repurchase up to $250 million of its common stock over the next two years. Under terms of the program, purchases can be made in the open market or under a Rule 10b5-1 trading plan. This program is effective immediately. The stock repurchase program does not obligate the Company to acquire any particular amount of the Company’s stock, and it may be suspended at any time at the Company’s discretion. Commenting on the stock repurchase program, Ted Hanson, President and CEO of ASGN, stated, “I am pleased to announce that we have established a $250 million share buyback program. This action demonstrates our confidence in ASGN’s strategic plan, as well as our commitment to a balanced capital allocation strategy, which includes investments in Show less Read more
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