Tennant Company Board Authorizes Repurchase of Additional 2 Million Shares, Bringing Total Repurchase Capacity to Over 2.5 Million Shares
Tennant Company's board authorized a new repurchase program for up to 2 million shares, adding to the 560,000 shares remaining under the existing plan. The company now holds capacity to buy back approximately 2.56 million shares, representing 15% of the basic shares currently outstanding.
Key figures
- Shares Offered
- 2000000
- Sales 2025
- $1.20 billion
- Basic shares outstanding
- 17000000
- Total repurchase capacity shares
- 2560000
- Total repurchase capacity percent outstanding
- 15%
AI analysis
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