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Stock impact report

CSW Industrials Updates Share Repurchase Program

CSW Industrials, Inc. (CSWI) 
Last csw industrials, inc. earnings: 8/1 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.cswindustrials.com
Company Research Source: GlobeNewswire
DALLAS, Nov. 18, 2024 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) today announced its Board of Directors authorized a new $200 million share repurchase program, which replaces the existing $100 million program. Since the commencement of CSWI’s share repurchase program in 2017, the Company has repurchased approximately 2.0 million shares for a total of $152 million. Joseph B. Armes, CSWI Chairman, Chief Executive Officer, and President commented, “This new $200 million share repurchase program emphasizes the Board’s confidence in CSWI’s strong business model, future growth, and cash generation. Since the Company’s spin-off in 2015, we have returned over $200 million to shareholders through share repurchases and dividends, demonstrating our commitment to enhance long-term shareholder value.” Under the newly authorized program, shares may be repurchased daily or from time to time in the open market and in privately negotiated transactions. All repurchases will be made at Show less Read more
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