Forum Energy Technologies Announces $75 Million Share Repurchase Program and Completion of Sale-Leaseback Transactions
Forum Energy Technologies, Inc. (FET)
Last forum energy technologies, inc. earnings: 2/12 08:25 pm
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Source: Business Wire
$75 million share repurchase programNet Proceeds of $20 million from sale-leaseback transactions HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) (“FET”) today announced that its Board of Directors has authorized a program for the repurchase of outstanding shares of FET’s common stock having an aggregate purchase price of up to $75 million. Shares may be repurchased under the program from time to time, in amounts and at prices that FET deems appropriate, subject to market and business conditions, applicable legal requirements and other considerations. The program does not obligate FET to repurchase any particular amount of its common stock, and it could be modified, suspended or discontinued at any time. In addition, it may be executed using open market purchases pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, as amended, in privately negotiated agreements pursuant to Rule 10b5-1 plans or other transactions.Under the terms of the company’s ou
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News
- Forum Energy Technologies Announces $75 Million Share Repurchase Program and Completion of Sale-Leaseback Transactions [Yahoo! Finance]Yahoo! Finance
- Forum Energy Technologies to Present at November 21st Virtual Investor Summit Microcap EventAccesswire
- Forum Energy Technologies Announces Closing of $100 Million Senior Secured Bond IssuanceBusiness Wire
- Stonegate Capital Partners Updates Coverage on Forum Energy Technologies, Inc. (FET) Q3 24 [Yahoo! Finance]Yahoo! Finance
- Forum Energy Technologies, Inc. (FET) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
FET
Earnings
- 5/2/24 - Beat
FET
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/11/24 - Form 144
- FET's page on the SEC website