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Stock impact report

ATI's Board Authorizes $700 Million Share Buyback Program [Yahoo! Finance]

ATI Inc. (ATI) 
Last ati inc. earnings: 2/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.atimetals.com
Company Research Source: Yahoo! Finance
ATI Inc. ATI stated that its board of directors has authorized the repurchase of up to $700 million in outstanding common shares, which the company anticipates would support a multi-year share buyback program. Repurchases under the program can be made on the open market or in privately negotiated deals, with the amount and timing of buybacks determined by market circumstances and corporate needs. The stock repurchase program does not require the company to buy back a certain number of shares, and ATI's board may alter, suspend, or terminate it at any time without prior notice. This latest program renewal demonstrates ATI's continued confidence in its long-term financial performance, as well as its strong cash and liquidity position. It is well-placed in growing markets, offering high-performance materials and solutions for its customers' requirements. Furthermore, ATI has informed the holders of the remaining $291 million principal amount of its 3.5% Senior Convertible Notes du Show less Read more
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