Ennis, Inc. Buyback
OLI recorded this information on 12/22/2014
Company:
Ennis, Inc.
Buyback:
EBF buyback
$Amount Authorized:
$20,000,000
Buyback Details:
In other news, the Board of Directors of the Company approved an increase in the amount available to repurchase shares of the Company's common stock under the Stock Repurchase Program by $10 million, bringing the total approved to $20 million. The Company has, since inception of the program, repurchased 682,192 shares of its common stock at an average price of $13.76 per share, leaving approximately $10.6 million available under the program.
Ennis and its subsidiaries print and manufacture business forms and other business products. Co. distributes business products and forms throughout the U.S. through independent distributors. This distributor channel encompasses independent print distributors, commercial printers, direct mail, fulfillment companies, payroll and accounts payable software companies, and advertising agencies, among others. The products Co. sells include snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls and pressure sensitive products in short, medium and long runs under the following labels: Ennis®, Royal Business Forms®, and Block Graphics®, among others.
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Avg. Broker Rec.
 
|
Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
