Advanced Emissions Solutions, Inc. Buyback
OLI recorded this information on 11/16/2018
Company:
Advanced Emissions Solutions, Inc.
Buyback:
ADES buyback
$Amount Authorized:
$20,000,000
Buyback Details:
Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES") today announced that its Board of Directors has approved the repurchase of up to $20 million of the Company's common stock in the open market. The repurchases will be funded from cash on-hand.
Advanced Emissions Solutions sells consumable products that utilize activated carbon (AC) and chemical-based technologies to a range of customers, including coal-fired utilities, industrials, water treatment plants, and other markets. Co.'s primary products include AC, which is produced from carbonaceous raw materials. Co.'s AC products include powdered activated carbon and granular activated carbon. Co.'s technologies and associated product offerings provide purification solutions to enable its customers to reduce certain contaminants and pollutants. Additionally, Co. owns the Five Forks Mine, a lignite mine that supplies the primary raw material for the manufacturing of its products.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
