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Stock impact report

Helios Technologies Announces $100 Million Multi-Year Share Repurchase Program

Helios Technologies, Inc. (HLIO) 
Last helios technologies, inc. earnings: 2/24 04:15 pm Check Earnings Report
Company Research Source: Business Wire
SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, announced today that its Board of Directors has approved a multi-year share repurchase program, authorizing the Company to repurchase up to $100 million of its common stock.“Solid financial execution has led to measurably strengthening our cash generation and the future outlook for Helios is exciting. We are confident in our ability to continue to invest in organic growth, consider strategic acquisitions, and increase our return of capital to shareholders by supplementing our over 27 year dividend history with this share repurchase program,” said Sean Bagan, President, Chief Executive Officer, and Chief Financial Officer of Helios. “While market conditions have been weak over the last couple years, we have consistently invested in our business through product and solution innovations as well as Show less Read more
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