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Quanex Building Products Corporation Buyback

OLI recorded this information on 3/3/2015

Company: Quanex Building Products Corporation
Buyback: NX buyback
$Amount Authorized: $75,000,000
Buyback Details: On September 5, 2014, the Board of Directors authorized a $75 million share repurchase program. The program was completed in February 2015, resulting in the repurchase of 3,992,229 shares at an average cost of $18.79 (inclusive of commissions).

Quanex Building Products manufactures components for original equipment manufacturers in the building products industry. The majority of these components can be categorized as window and door components and kitchen and bath cabinet components. Co. also provides certain other non-fenestration components and products, which include solar panel sealants, trim moldings, vinyl decking, vinyl fencing, water retention barriers, and conservatory roof components. Co. serves a primary customer base in North America and the U.K., and also serves customers in international markets through its operating plants in the U.K. and Germany, as well as through sales and marketing efforts in other countries.

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Company Name:  Quanex Building Products Corp
Stock buyback:  NX buyback
Website:  www.quanex.com
Sector:  Construction Materials & Machinery
Number of ETFs Holding NX:  55
Total Market Value Held by ETFs:  $270.27M
Total Market Capitalization:  $1.12B
% of Market Cap. Held by ETFs:  24.22%
 

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April 30, 2024    5:47 PM Eastern
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Strong Buy (4.00 out of 4)
84th percentile
(ranked higher than approx. 84% of all stocks covered)

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