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PCAR Buyback image

PACCAR Buyback

OLI recorded this information on 9/23/2015

Company: PACCAR
Buyback: PCAR buyback
$Amount Authorized: $300,000,000
Buyback Details: The PACCAR (NASDAQ:PCAR) Board of Directors approved the repurchase of an additional $300 million of its outstanding common stock. PACCAR recently completed its previously authorized $300 million share repurchase program. "PACCAR's excellent net profits and strong cash flow make the company's shares an attractive long-term investment," said Ron Armstrong, chief executive officer. "The stock repurchase program reflects the Board's confidence in PACCAR's successful global business growth."

PACCAR is a multinational company operating in the following principal segments: the Truck, which includes the design manufacture and distribution of light-, medium- and heavy-duty commercial trucks; the Parts, which includes the distribution of aftermarket parts for trucks and related commercial vehicles; and the Financial Services, which includes finance and leasing products and services provided to customers and dealers. Co.'s other businesses include the manufacturing of industrial winches in two U.S. plants and marketing them under the Braden, Carco and Gearmatic nameplates.

PACCAR SEC Filing Email Alerts Service

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PCAR — Key Stats (updated 10 hours, 29 minutes ago)
Company Name:  PACCAR Inc.
Stock buyback:  PCAR buyback
Website:  www.paccar.com
Sector:  Auto Manufacturers
Number of ETFs Holding PCAR:  122
Total Market Value Held by ETFs:  $10.50B
Total Market Capitalization:  $59.59B
% of Market Cap. Held by ETFs:  17.62%
 

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April 26, 2024  •  9:01 PM Eastern
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Avg. Broker Rec.

Buy (2.72 out of 4)
14th percentile
(ranked lower than approx. 86% of all stocks covered)

Analysts' Target Price:
PCAR Stock Forecast

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