TGI Buyback

Triumph Group Buyback

OLI recorded this information on 2/25/2014

Company:

Triumph Group

Buyback:

TGI buyback

Share Amount Authorized:

5,000,000.00

Buyback Details:

Triumph Group, Inc. (NYSE:TGI) today announced that the Board of Directors authorized a new 5,000,000 share repurchase program. The company expects to use the new program to repurchase outstanding shares of its common stock, subject to market conditions. The company also has 500,200 shares remaining on its prior February 2008 authorization, bringing the total amount authorized for repurchases to 5,500,200 shares. Under the program, the company may repurchase shares from time to time for cash in open market transactions or by other means in accordance with applicable federal securities laws. The company currently has approximately 52.5 million shares of common stock outstanding.

Triumph Group designs, engineers, manufactures, repairs, and overhauls a portfolio of aerospace and defense systems, subsystems, components, and structures. Co. provides a variety of products and services to the aerospace industry through two operating segments: Triumph Systems and Support, whose companies design, develop, and support proprietary components, subsystems, and systems; produce assemblies using external designs, and provide solutions for commercial, regional, and military aircraft; and Triumph Interiors, whose companies supply commercial, and regional manufacturers with aircraft interior systems, including air ducting and thermal acoustic insulation systems.

TGI SEC Filing Email Alerts Service

Open the TGI Page at The Online Investor »

TGI — Key Stats (updated Fri., Apr. 26, 10:41 AM)

Company Name:	Triumph Group Inc.
Stock buyback:	TGI buyback
Website:	www.triumphgroup.com
Sector:	Aerospace & Defense
Number of ETFs Holding TGI:	47
Total Market Value Held by ETFs:	$271.38M
Total Market Capitalization:	$1.03B
% of Market Cap. Held by ETFs:	26.22%

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.

Triumph Group Buyback

TGI Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved