$30 Million Share Repurchase Authorization
AAON (NASDAQ: AAON) has announced that its Board of Directors has approved a $30.0 million share repurchase authorization as part of its previously disclosed $100 million share repurchase program. The company will execute these repurchases through pre-arranged stock repurchase plans following Rule 10b-18 of the Securities Exchange Act of 1934.
The actual implementation details, including timing, number of shares, and value of repurchases, will be determined based on various market factors such as share price, trading volume, and market conditions.
AAON (NASDAQ: AAON) ha annunciato che il suo Consiglio di Amministrazione ha approvato un'autorizzazione per il riacquisto di azioni da 30,0 milioni di dollari come parte del suo già annunciato programma di riacquisto di azioni da 100 milioni di dollari. L'azienda eseguirà questi riacquisti attraverso piani di riacquisto di azioni predefiniti, conformemente alla Regola 10b-18 del Securities Exchange Act del 1934.
I dettagli effettivi dell'implementazione, inclusi tempi, numero di azioni e valore dei riacquisti, saranno determinati in base a vari fattori di mercato come il prezzo delle azioni, il volume degli scambi e le condizioni di mercato.
AAON (NASDAQ: AAON) ha anunciado que su Junta Directiva ha aprobado una autorización de recompra de acciones de 30,0 millones de dólares como parte de su programa de recompra de acciones de 100 millones de dólares previamente divulgado. La compañía llevará a cabo estas recompras a través de planes de recompra de acciones preestablecidos, siguiendo la Regla 10b-18 de la Ley de Intercambio de Valores de 1934.
Los detalles de implementación reales, incluidos el momento, el número de acciones y el valor de las recompras, se determinarán en función de varios factores del mercado, como el precio de las acciones, el volumen de operaciones y las condiciones del mercado.
AAON (NASDAQ: AAON)은 이사회가 3천만 달러의 자사주 매입 승인을 발표했으며, 이는 이전에 공시된 1억 달러 자사주 매입 프로그램의 일환입니다. 회사는 1934년 증권 거래법 제10b-18조에 따라 사전 정해진 주식 매입 계획을 통해 이러한 매입을 실행할 것입니다.
실제 실행 세부 사항, 즉 시기, 주식 수 및 매입 가치는 주가, 거래량 및 시장 조건과 같은 다양한 시장 요인에 따라 결정됩니다.
AAON (NASDAQ: AAON) a annoncé que son Conseil d'Administration a approuvé une autorisation de rachat d'actions de 30,0 millions de dollars dans le cadre de son programme de rachat d'actions de 100 millions de dollars précédemment divulgué. L'entreprise exécutera ces rachats par le biais de plans de rachat d'actions préétablis, conformément à la Règle 10b-18 de la Loi sur les Échanges de Valeurs de 1934.
Les détails de mise en œuvre réels, y compris le calendrier, le nombre d'actions et la valeur des rachats, seront déterminés en fonction de divers facteurs de marché tels que le prix des actions, le volume des échanges et les conditions du marché.
AAON (NASDAQ: AAON) hat angekündigt, dass der Vorstand eine Genehmigung für den Aktienrückkauf in Höhe von 30,0 Millionen US-Dollar als Teil des zuvor angekündigten Aktienrückkaufprogramms über 100 Millionen US-Dollar genehmigt hat. Das Unternehmen wird diese Rückkäufe durch vorab vereinbarte Aktienrückkaufpläne gemäß Regel 10b-18 des Securities Exchange Act von 1934 durchführen.
Die tatsächlichen Umsetzungsdetails, einschließlich Zeitpunkt, Anzahl der Aktien und Wert der Rückkäufe, werden basierend auf verschiedenen Marktbedingungen wie Aktienkurs, Handelsvolumen und Marktbedingungen festgelegt.
- $30M share buyback authorization approved
- Part of larger $100M repurchase program
- Potential positive impact on EPS through share count reduction
- Reduced cash availability for operations or investments
- Market-dependent execution may affect buyback effectiveness
About AAON, Inc.
Founded in 1988, AAON is a leader in HVAC solutions for commercial and industrial indoor environments. The company's industry-leading approach to designing and manufacturing highly configurable equipment to meet exact needs creates a premier ownership experience with greater efficiency, performance, and long-term value. AAON is headquartered in
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "should", "will", and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligations to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause results to differ materially from those in the forward-looking statements include (1) the timing and extent of changes in raw material and component prices, (2) the effects of fluctuations in the commercial/industrial new construction market, (3) the timing and extent of changes in interest rates, as well as other competitive factors during the year, and (4) general economic, market or business conditions.
Contact Information
Joseph Mondillo
Director of Investor Relations
Phone (617) 877-6346
Email: joseph.mondillo@aaon.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/30-million-share-repurchase-authorization-302392282.html
SOURCE AAON
FAQ
How much is AAON's new share repurchase authorization worth?
When will AAON begin its $30 million share repurchase program?
What factors will determine AAON's share repurchase execution?
What is the total size of AAON's share repurchase program?
Under what regulatory framework will AAON conduct its share repurchases?
