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FX.co ★ CSW Industrials Authorizes New $200 Mln Share Buyback Program

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typeContent_19130:::2024-11-18T15:45:00

CSW Industrials Authorizes New $200 Mln Share Buyback Program

CSW Industrials, Inc. (CSWI) announced on Monday the approval of a new $200 million share repurchase initiative, which supersedes the previous $100 million program.

The company expressed that this newly sanctioned program underlines its robust business model, anticipated growth trajectory, and cash generation capabilities.

CSW anticipates completing the program by December 31, 2026.

Presently, CSW shares are trading at $411.67, marking a 1.90 percent increase on the Nasdaq.

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