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MGPI Buyback image

MGP Ingredients Buyback

OLI recorded this information on 3/12/2015

Company: MGP Ingredients
Buyback: MGPI buyback
$Amount Authorized: $3,500,000
Buyback Details: MGP Ingredients, Inc. (Nasdaq:MGPI) (the "Company") today announced that on February 27, 2015, the Board of Directors of the Company authorized the purchase of up to $3,500,000 market value of the Company's common stock. Pursuant to the authorization, the Company is permitted to purchase its shares from time to time on the open market or in privately negotiated transactions.

MGP Ingredients is a producer and supplier of distilled spirits, branded spirits and food ingredients. Co.'s segments are: Distillery Products, Branded Spirits and Ingredient Solutions. The Distillery Products segment consists of food grade alcohol and distillery co-products, such as distillers feed and fuel grade alcohol. The Distillery Products segment also includes warehouse services, including barrel put away, barrel storage, and barrel retrieval services. The Branded Spirits segment consists of producing, importing, bottling and rectifying of distilled spirits. Ingredient Solutions segment consists of specialty starches and proteins and commodity starches and proteins.

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MGPI — Key Stats (updated 16 hours, 6 minutes ago)
Company Name:  MGP Ingredients Inc (New)
Stock buyback:  MGPI buyback
Website:  www.mgpingredients.com
Sector:  Food & Beverage
Number of ETFs Holding MGPI:  42
Total Market Value Held by ETFs:  $233.45M
Total Market Capitalization:  $1.75B
% of Market Cap. Held by ETFs:  13.32%
 

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April 23, 2024  •  2:56 AM Eastern
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Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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