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SXI Buyback image

Standex International Corporation Buyback

OLI recorded this information on 5/5/2022

Company: Standex International Corporation
Buyback: SXI buyback
$Amount Authorized: $100,000,000
Buyback Details: Standex International Corporation(NYSE:SXI) today announced that its Board of Directors has authorized a new share repurchase program of up to $100 million of the Company's outstanding common stock. The new program will take effect onMay 10, 2022. The Company's prior$100 millionshare repurchase program began in 2016 and had$0.6 millionremaining on it at the end of third quarter fiscal 2022.

Standex International is an industrial manufacturer with a variety of products and services that are used in commercial and industrial market. Co.'s segments include: Electronics, which is a global component and solutions provider of both sensing and switching technologies as well as magnetic power conversion components and assemblies; Engraving, which is a global creator and provider of custom textures and surface finishes on tooling that enhance the function of a range of consumer good and automotive products; and Scientific, which is a provider of specialty temperature-controlled equipment for the medical, scientific, pharmaceutical, biotech and industrial markets.

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SXI — Key Stats (updated Fri., Apr. 26, 10:32 AM)
Company Name:  Standex International Corp.
Stock buyback:  SXI buyback
Website:  www.standex.com
Sector:  Industrial Machinery & Equipment
Number of ETFs Holding SXI:  58
Total Market Value Held by ETFs:  $499.56M
Total Market Capitalization:  $2.03B
% of Market Cap. Held by ETFs:  24.56%
 

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April 27, 2024  •  7:07 PM Eastern
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Avg. Broker Rec.

Strong Buy (4.00 out of 4)
78th percentile
(ranked higher than approx. 78% of all stocks covered)

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