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Stock impact report

Forum Energy Technologies Announces $75 Million Share Repurchase Program and Completion of Sale-Leaseback Transactions [Yahoo! Finance]

Forum Energy Technologies, Inc. (FET) 
Last forum energy technologies, inc. earnings: 2/12 08:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.f-e-t.com
Company Research Source: Yahoo! Finance
HOUSTON, December 09, 2024 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 outstanding Senior Secured Bonds, share repurchases are subject to a Leverage Ra Show less Read more
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