Textainer Increases Share Repurchase Authorization by $25 Million
Textainer Group Holdings Limited Common Shares (TGH)
Last textainer group holdings limited common shares earnings: 10/31 04:05 pm
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US:NYSE Investor Relations:
investor.textainer.com/investor-overview
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Source: PR Newswire
HAMILTON, Bermuda, March 30, 2020 /PRNewswire/ -- Textainer Group Holdings Limited (NYSE: TGH; JSE: TXT) ("Textainer", "the Company", "we" and "our"), one of the world's largest lessors of intermodal containers, today announced that Textainer's Board of Directors authorized an increase to the Company's share repurchase program of up to $25 million of the Company's outstanding common shares. The authorization is effective immediately and adds to the previous $25 million program, which had approximately $1.0 million remaining authorized and available for repurchase as of March 27, 2020. Purchases under the share repurchase program may be made from time to time through open market purchases, privately negotiated transactions or such other manners as will comply with applicable laws and regulations."The increase to our existing share repurchase program reflects our confidence in the strength of our business, financial resources and our long-term outlook. We remain committed to deliveri
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