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Stock impact report

IDEX Corporation Announces Share Repurchase Authorization

IDEX Corporation (IEX) 
Last idex corporation earnings: 4/23 04:02 pm Check Earnings Report
Company Research Source: Business Wire
LAKE FOREST, Ill.--(BUSINESS WIRE)--IDEX Corporation (NYSE: IEX) today announced its Board of Directors has approved an additional share repurchase authorization of up to $500 million of IDEX’s outstanding common shares.These repurchases will be made from time to time in either open market transactions or in privately negotiated transactions. Repurchases may also be made under 10b5-1 plans, which would permit shares to be repurchased through pre-determined criteria when the Company would otherwise be prohibited from doing so under insider trading laws. The timing, volume and nature of share repurchases will be at the discretion of management, dependent on market conditions, other priorities of cash investment, applicable securities laws and other factors. This share repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or discontinued at any time.About IDEXIDEX is a global fluidics leader serving high growth spec Show less Read more
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