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Stock impact report

Koppers Announces $100 Million Share Repurchase Program [Yahoo! Finance]

Koppers Holdings Inc. Koppers Holdings Inc. (KOP) 
Last koppers holdings inc. koppers holdings inc. earnings: 2/27 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
PITTSBURGH Feb. 27, 2025 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals and carbon compounds, today announced that its Board of Directors approved a $100 million share repurchase program. The repurchase program replaces the company's previous share repurchase program of $100 million , which was approved in August 2021 and had approximately $11 million remaining. Koppers Logo This action reflects the continued confidence that Koppers Board of Directors and management have in the company's improved free cash flow profile, which provides the ability to return meaningful capital to shareholders. Chief Financial Officer Jimmi Sue Smith said, "We are pleased with the share repurchase authorization, which supports Koppers commitment to a flexible and balanced capital allocation policy that pivots where capital is deployed based upon strategic needs and expected returns. With growth investment projects Show less Read more
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