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Astronics Corporation Buyback

OLI recorded this information on 12/18/2017

Company: Astronics Corporation
Buyback: ATRO buyback
$Amount Authorized: $50,000,000
Buyback Details: Astronics Corporation (NASDAQ:ATRO), a leading supplier of advanced technologies and products to the global aerospace, defense and semiconductor industries, announced today that its Board of Directors has approved a new share repurchase program, authorizing Astronics to repurchase in the aggregate up to $50 million of its outstanding common stock. This follows the completion of the $50 million share repurchase program originally approved by the Board in February 2016.

Astronics is a provider of technologies to the global aerospace, defense and other mission-critical industries. Co.'s products and services include electrical power generation, distribution and seat motion systems, lighting and safety systems, avionics products, systems and certification, aircraft structures and automated test systems. Co.'s segments: aerospace, which designs and manufactures products for the global aerospace and defense industry; and test systems, which designs, develops, manufactures and maintains automated test systems that support the aerospace and defense, communications and mass transit industries.

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Company Name:  Astronics Corp
Stock buyback:  ATRO buyback
Website:  www.astronics.com
Sector:  Aerospace & Defense
Number of ETFs Holding ATRO:  19
Total Market Value Held by ETFs:  $54.77M
Total Market Capitalization:  $529.00M
% of Market Cap. Held by ETFs:  10.35%
 

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March 28, 2024    9:47 AM Eastern
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Hold (2.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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