MRC Global Announces $125 Million Share Repurchase Program
MRC Global Inc. (MRC)
Last mrc global inc. earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
investor.mrcglobal.com/investor-overview
Company Research
Source: GlobeNewswire
HOUSTON, Jan. 03, 2025 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that its Board of Directors authorized a new $125 million share repurchase program, which expires on January 2, 2028. Under the repurchase program, the Company may purchase its outstanding common shares through various means, including open market transactions, block purchases, privately negotiated transactions or otherwise in accordance with applicable federal securities laws, including Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The program may be modified, discontinued or suspended at any time without prior notice. Rob Saltiel, MRC Global President & CEO commented, “Today’s announcement reflects our confidence in the company’s future and the financial flexibility that we enjoy through the strengthening of our balance sheet over the past few years. Our three-pronged capital allocation strategy consists of targeting a net debt leverage ratio of less than 1.5
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MRC
News
- MRC Global authorizes new $125M share buyback program [Seeking Alpha]Seeking Alpha
- Unpacking Q3 Earnings: MRC Global (NYSE:MRC) In The Context Of Other Infrastructure Distributors Stocks [Yahoo! Finance]Yahoo! Finance
- 3 Reasons to Sell MRC and 1 Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- MRC Global Announces Fourth Quarter and Full Year 2024 Earnings Release, Conference Call and Webcast ScheduleGlobeNewswire
- MRC Global Announces Sale of Canada Business [Yahoo! Finance]Yahoo! Finance
MRC
Earnings
- 11/5/24 - Beat
MRC
Sec Filings
- 1/3/25 - Form 8-K
- 12/18/24 - Form 8-K
- 12/17/24 - Form 4
- MRC's page on the SEC website