EXCO TECHS LTD - EXCOF STOCK NEWS

Exco Technologies Limited (TSX-XTC, OTCQX-EXCOF) reported annual sales of $619.3 million, with a fourth-quarter sales of $160.2 million representing a 65% increase in net income over the prior year. The company confirmed F2026 revenue and EBITDA targets of $750 million and $120 million, revising the EPS target to $1.50. The PR highlights the growth strategy's success, operational excellence, and revenue increase in the Automotive Solutions segment.

Exco Technologies Limited will report its financial results for Q4 2023 on November 29, 2023. A conference call to discuss the results will be held on November 30, 2023. The company is a global supplier of innovative technologies for the die-cast, extrusion, and automotive industries.

Exco Technologies Limited (TSX – XTC, OTCQX-EXCOF) announced it will release its financial results for the second quarter ending March 31, 2023, on April 27, 2023, after market close. Following the results, management will hold a conference call on April 28, 2023, at 10:00 a.m. to discuss the performance. Interested parties can access the live audio webcast on the company's website. An archived version of the call will be available until May 15, 2023. Exco Technologies is a global supplier serving the die-cast, extrusion, and automotive industries, operating across 20 locations in 9 countries with approximately 5,000 employees.

Exco Technologies Limited (OTCQX: EXCOF) announced the approval of a normal course issuer bid (NCIB) by the Toronto Stock Exchange. The company plans to repurchase up to 1,785,000 common shares from February 20, 2023, to February 19, 2024, representing 10% of its public float of 17,850,596 shares. With an average daily trading volume of 20,018 shares, Exco can repurchase a maximum of 5,005 shares per trading day. The repurchase is aimed at enhancing shareholder value, as the Board believes the market may not reflect the company's true value. Exco has previously repurchased 185,033 shares at an average price of $8.62.