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Slideshow Stock Buybacks

By The Online Investor Staff, updated Tue., Sep. 1, 6:02 AM

Slide #2. Synalloy Corporation

Company: Synalloy Corporation (NASDAQ:SYNL)
Share Amount Authorized: 1,000,000
Buyback Details: Synalloy Corporation (Nasdaq:SYNL), a growth oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks and specialty chemicals and the master distribution of seamless carbon pipe and tube, announces that its Board of Directors authorized a stock repurchase program under which up to 1,000,000 shares of its outstanding common stock may be acquired in the open market over the next 24 months at the discretion of management.

Synalloy is engaged in two business segments. The Metals Segment operates as Bristol Metals, LLC (Bristol), Ram-Fab, LLC and Palmer of Texas Tanks, Inc. Bristol manufactures pipe and fabricates piping systems from stainless steel and other alloys, and Ram-Fab fabricates piping systems. Palmer manufactures liquid storage solutions and separation equipment. The Specialty Chemicals Segment operates as Manufacturers Chemicals, LLC and CRI Tolling, LLC. The Specialty Chemicals Segment produces chemicals and dyes for the carpet, chemical, paper, metals, mining, agricultural, fiber, paint, textile, automotive, petroleum, cosmetics, mattress, furniture, janitorial and other industries.
Open the SYNL Page at The Online Investor »

Company Name:  Synalloy Corp.
Stock buyback:  SYNL buyback
Sector:  Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding SYNL:  2
Total Market Value Held by ETFs:  $435461
Total Market Capitalization:  $84.00M
% of Market Cap. Held by ETFs:  0.52%

Open the SYNL Page at The Online Investor (in a new window) »

September 1, 2015    6:02 AM Eastern
Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
90th percentile
(ranked higher than approx. 90% of all stocks covered)
Based on Zacks ABR data;
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