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U.S. Silica Holdings, Inc. Buyback

OLI recorded this information on 12/22/2014

Company: U.S. Silica Holdings, Inc.
Buyback: SLCA buyback
$Amount Authorized: $50,000,000
Buyback Details: U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that its Board of Directors has authorized an increase in the Company's share repurchase program from $25 million to up to $50 million. The repurchase program will be funded over the next twelve months using the Company's available cash.

U.S. Silica Holdings is a holding company. Through its subsidiaries, Co. is a global performance materials company and a producer of commercial silica used in the oil and gas industry and in a range of industrial applications. Co. is also engaged in the production of industrial minerals, including diatomaceous earth, clay (calcium bentonite and calcium montmorillonite) and perlite. Co.'s segments are: Oil and Gas Proppants, which serves the oil and gas recovery market by providing and delivering fracturing sand; and Industrial and Specialty Products, provides building and construction products, fillers and extenders, filtration, glassmaking, absorbents, foundry, and sports and recreation.

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Company Name:  US Silica Holdings, Inc.
Stock buyback:  SLCA buyback
Website:  www.ussilica.com
Sector:  Metals & Mining
Number of ETFs Holding SLCA:  42
Total Market Value Held by ETFs:  $320.06M
Total Market Capitalization:  $1.21B
% of Market Cap. Held by ETFs:  26.54%
 

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May 3, 2024    6:22 AM Eastern
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Hold (2.00 out of 4)
0th percentile
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