Carlisle Companies Incorporated Buyback
OLI recorded this information on 2/6/2018
Carlisle Companies Incorporated
Share Amount Authorized:
The Board of Directors of Carlisle Companies Incorporated (NYSE:CSL) today announced a new share repurchase program that authorizes management to buy back up to an additional 5 million shares of the company's common stock over an indefinite period of time or until terminated by the Board. These shares will be purchased at management's direction from time to time in the open market at prevailing market prices, in privately negotiated transactions, or through block trades. This authorization is in addition to approximately 2.1 million shares remaining, as of December 31, 2017, under the existing share repurchase authorization announced in September 2016.
Carlisle Companies is a global manufacturer of engineered product. Co. designs, manufactures and markets a range of products that serve a range of markets. Co. has four segments: Carlisle Construction Materials, which supplies single-ply ethylene propylene diene monomer roofing membranes; Carlisle Interconnect Technologies, which designs and manufactures wire and cable; Carlisle Fluid Technologies, which designs, manufactures and sells liquid, powder, sealants and adhesives finishing equipment and system solutions; and Carlisle Brake and Friction, which provides duty brake, clutch and transmission applications.
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Buy (3.43 out of 4)