OLI recorded this information on 2/12/2015
BorgWarner today announced that its board of directors has authorized a share repurchase program of up to $1.0 billion of the company's common stock over the next three years.
BorgWarner is a holding company. Through its subsidiaries, Co. is a global product provider in technology solutions for combustion, hybrid and electric vehicles. Co. manufactures and sells these products worldwide, primarily to original equipment manufacturers of light vehicles (passenger cars, sport-utility vehicles, vans and light trucks). Co.'s segments are: Engine, which provides turbochargers, eBoosters, timing systems, emissions systems, thermal systems, gasoline ignition technology, cabin heaters, battery heaters and battery charging; and Drivetrain, which provides rotating electrical components, power electronics, clutching systems, control modules and all-wheel drive systems.
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Buy (3.27 out of 4)
(ranked higher than approx. 50% of all stocks covered)
Based on Zacks ABR data;
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