Strattec Announces New $40 Million Share Repurchase Program
Strattec’s Board of Directors authorized a new $40 million share repurchase program, replacing the previous program initiated in 1996. CEO Jennifer Slater cited the company’s strong cash position and confidence in generating future cash flow as drivers for returning capital to shareholders.
Key figures
- Shares purchased q4
- 110269
- Avg purchase price q4
- 67.1
- Repurchase authorization
- 40000000
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