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BWX Technologies, Inc. Buyback

OLI recorded this information on 9/19/2016

Company: BWX Technologies, Inc.
Buyback: BWXT buyback
$Amount Authorized: $200,000,000
Buyback Details: BWX Technologies, Inc. (NYSE:BWXT) announced today that it has entered into an accelerated share repurchase (ASR) agreement with Wells Fargo Bank, National Association to repurchase an aggregate of $200 million of the Company's common stock. The ASR agreement was entered into under the Company's previously authorized share repurchase program which had $253.4 million remaining as of June 30, 2016.

BWX Technologies is a manufacturer of nuclear components, a developer of nuclear technologies and a service provider. Co.'s segments are: Nuclear Operations Group, which engineers, designs and manufactures precision naval nuclear components, reactors and nuclear fuel for the U.S. Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program; Nuclear Power Group, which designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels and reactor components; and Nuclear Services Group, which provides nuclear materials processing, environmental site restoration services and management and operating services.

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Company Name:  BWX Technologies inc
Stock buyback:  BWXT buyback
Website:  www.bwxt.com
Sector:  Industrial Machinery & Equipment
Number of ETFs Holding BWXT:  67
Total Market Value Held by ETFs:  $1.70B
Total Market Capitalization:  $8.76B
% of Market Cap. Held by ETFs:  19.41%
 

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April 16, 2024    9:33 AM Eastern
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Buy (3.33 out of 4)
49th percentile
(ranked lower than approx. 51% of all stocks covered)

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