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Mistras Group, Inc. Buyback

OLI recorded this information on 10/7/2015

Company: Mistras Group, Inc.
Buyback: MG buyback
$Amount Authorized: $50,000,000
Buyback Details: Mistras Group, Inc. also announced that its Board of Directors authorized a stock repurchase program of up to $50 million of the Company's outstanding common stock. The shares may be repurchased from time to time in open market transactions at prevailing market prices or by other means in accordance with federal securities laws. The actual timing, number and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of the Company's stock, general market and economic conditions, legal requirements and compliance with the terms of the Company's credit facility.

MISTRAS Group is a multinational provider of integrated technology-enabled asset protection solutions. Co.'s primary capabilities also include non-destructive testing (NDT) field inspections enhanced by robotics, laboratory quality control and assurance testing, sensing technologies and NDT equipment, asset and mechanical integrity engineering services, and light mechanical maintenance and access services. Co. provides its customers OneSource for Asset Protection Solutions® and is a provider of technology-enabled asset protection solutions used to evaluate the safety, structural integrity and reliability of energy, industrial and public infrastructure.
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Company Name:  Mistras Group Inc
Stock buyback:  MG buyback
Website:  www.mistrasgroup.com
Sector:  Business Services & Equipment
Number of ETFs Holding MG:  17
Total Market Value Held by ETFs:  $20.36M
Total Market Capitalization:  $270.00M
% of Market Cap. Held by ETFs:  7.54%
 

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April 29, 2024    11:14 AM Eastern
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Strong Buy (4.00 out of 4)
86th percentile
(ranked higher than approx. 86% of all stocks covered)

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