Cooper-Standard Holdings Inc. Buyback
OLI recorded this information on 6/20/2018
Company: |
Cooper-Standard Holdings Inc. |
Buyback: |
CPS buyback |
$Amount Authorized: |
$150,000,000 |
Buyback Details: |
Cooper-Standard Holdings Inc. (NYSE: CPS) (the "Company" or "Cooper Standard") announced today, that on June 14, 2018, its Board of Directors approved a share repurchase program authorizing the Company to repurchase, in the aggregate, up to $150 million of its outstanding common stock. The share repurchase program, which is effective as of November 6, 2018, replaces the previous $125 million authorization to repurchase shares approved in March 2016. Of the $45.3 million remaining from the previous authorization as of December 31, 2017, the Company utilized $43.5 million during the second quarter of 2018 through open market and accelerated share repurchases. |
Cooper-Standard Holdings is a holding company. Through its subsidiaries, Co. is a manufacturer of sealing, fuel and brake delivery, and fluid transfer systems. Co.'s operating segments are: North America, Europe, Asia Pacific and South America. Co.'s product lines include: sealing systems, which protect vehicle interiors from weather, dust and noise intrusion; fuel and brake delivery systems, which sense, deliver and control fluids to fuel and brake systems; and fluid transfer systems, which sense, deliver and control fluid and vapors for thermal management, powertrain and HVAC operation.
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Company Name: |
Cooper-Standard Holdings Inc |
Stock buyback: |
CPS buyback |
Website: |
www.cooperstandard.com |
Sector: |
Auto Parts |
Number of ETFs Holding CPS: |
18 |
Total Market Value Held by ETFs: |
$26.22M |
Total Market Capitalization: |
$267.00M |
% of Market Cap. Held by ETFs: |
9.82% |
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