Cemtrex Buyback
OLI recorded this information on 8/23/2023
Company:
Cemtrex
Buyback:
CETX buyback
Share Amount Authorized:
2,300,000
Buyback Details:
Cemtrex (Nasdaq: CETX, CETXP), an advanced security technology and industrial services company, announced today that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up 2,300,000 shares of its outstanding Series 1 Preferred Stock from time-to-time commencing September 1, 2023 and ending on August 31, 2026, subject to market conditions.
Cemtrex is a technology company. Co. has two business segments, consisting of Advanced Technologies (AT) and Industrial Services (IS). Co.'s AT segment operates several brands that deliver software and hardware technologies, including: Co.'s subsidiary, Vicon Industries, Inc., which provides end-to-end video security solutions; and SmartDesk, which is focused on reinventing the workspace through developing workplace solutions. Co.'s IS segment operates through a brand, Advanced Industrial Services, that provides single-source capability and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation, and disassembly to its customers.
Preferred: CETXP
Open the CETX Page at The Online Investor »
|
||||||||||||||||||
Open the CETX Page at The Online Investor (in a new window) »
 Free CETX Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
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 |
