AMETEK, Inc. Buyback
OLI recorded this information on 5/6/2022
Company:
AMETEK, Inc.
Buyback:
AME buyback
$Amount Authorized:
$1,000,000,000
Buyback Details:
AMETEK, Inc. (NYSE:AME) today announced that its Board of Directors has approved a$1 billionshare repurchase authorization. This authorization replaces an earlier$500 millionshare repurchase authorization approved by the Board inFebruary 2019, of which approximately$313 millionremained available.
AMETEK is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia and South America. Co.'s products are marketed and sold worldwide through the following operating groups: Electronic Instruments (EIG) and Electromechanical (EMG). EIG is engaged in the design and manufacture of analytical, test and measurement instruments for the process, aerospace, medical, research, power and industrial markets. EMG is a supplier of automation solutions, thermal management systems, specialty metals and electrical interconnects.
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Avg. Broker Rec.
 
|
Buy (3.15 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: AME Stock Forecast Based on Zacks ABR data; powered by Xignite |
