Modine Manufacturing Company Buyback
OLI recorded this information on 11/5/2020
Company: |
Modine Manufacturing Company |
Buyback: |
MOD buyback |
$Amount Authorized: |
$50,000,000 |
Buyback Details: |
Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that its Board of Directors has authorized the repurchase of up to $50 million of its common stock over the next two years. The authorization does not require the repurchase of shares, or of a specific number of shares. Decisions to repurchase shares or suspend the program will be made at the Company's discretion, based on a number of factors, including ongoing assessments of the capital needs of the business, share price, and general market conditions. |
Modine Manufacturing engages in providing thermal management products and solutions to global markets and customers in an array of commercial, industrial, and building heating, ventilating, air conditioning, and refrigeration (HVAC&R) markets. In addition, Co. is a provider of heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer vehicular applications. Co.'s segments are: Climate Solutions, which sells HVAC & refrigeration products, and data center cooling solutions; and Performance Technologies, which designs and manufactures air- and liquid-cooled technology for vehicular, stationary power, and industrial applications.
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Company Name: |
Modine Manufacturing Co |
Stock buyback: |
MOD buyback |
Website: |
www.modine.com |
Sector: |
Auto Parts |
Number of ETFs Holding MOD: |
33 |
Total Market Value Held by ETFs: |
$464.32M |
Total Market Capitalization: |
$4.97B |
% of Market Cap. Held by ETFs: |
9.34% |
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