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AAON Announces $25M Increase To Share Repurchase Authorization

Author: Benzinga Newsdesk | March 05, 2024 04:36pm

The Company also announced that its Board of Directors has approved a $25 million increase in its current share repurchase authorization, bringing the Company's total current share repurchase authority to $50 million.  Repurchases will be made in accordance with a pre-arranged stock repurchase plan adopted by the Company pursuant to the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.  The actual timing, number and value of shares repurchased will depend on market conditions, share price, trading volume, and other factors.

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