Garmin Ltd. Buyback
OLI recorded this information on 12/14/2016
Company: |
Garmin Ltd. |
Buyback: |
GRMN buyback |
$Amount Authorized: |
$80,400,000 |
Buyback Details: |
The Garmin Ltd. (NYSE:GRMN) board of directors authorized an extension through December 31, 2017 of its current $300 million Share Repurchase Program. There is currently $80.4 million remaining for share repurchases under this current $300 million Share Repurchase Program. The amount and timing of the repurchases are determined by management and depend on market and business conditions. Garmin Ltd. adopted a Rule 10b5-1 plan (the "Plan") in connection with the extended share repurchase authorization. |
Garmin, through its subsidiaries, designs, develops, manufactures, markets and distributes a family of hand-held, wearable, portable and fixed-mount Global Positioning System-enabled products and other navigation, communications, sensor-based and information products. Co. 's primary markets include: Fitness, which provides range of products for use in fitness and activity tracking; Outdoor, which provides range of products for use in outdoor activities; Marine, a manufacturer of recreational marine electronics; Aviation, which is a provider of solutions to aircraft manufacturers, existing aircraft owners and operators; Auto, which provides a range of products for use in the auto market.
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Company Name: |
Garmin Ltd |
Stock buyback: |
GRMN buyback |
Website: |
www.garmin.com |
Sector: |
Consumer Goods |
Number of ETFs Holding GRMN: |
103 |
Total Market Value Held by ETFs: |
$3.98B |
Total Market Capitalization: |
$27.33B |
% of Market Cap. Held by ETFs: |
14.56% |
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