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EnerSys Buyback

OLI recorded this information on 3/9/2022

Company: EnerSys
Buyback: ENS buyback
$Amount Authorized: $150,000,000
Buyback Details: EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has established a new $150 million stock repurchase authorization with no expiration date. This new authorization brings the Company's total outstanding repurchase authorization to an aggregate of $181 million, including $31 million available under the Board's previous repurchase authorization approved on November 4, 2021. In fiscal year 2022 to date, the Company has repurchased $159 million in shares.

EnerSys is engaged in energy storage and power solutions for industrial applications. Co. has three reportable segments: Energy Systems, which includes uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems, switchgear and electrical control systems; Motive Power, which includes power for electric industrial forklifts used in manufacturing, warehousing and other material handling applications; and Specialty, which includes batteries for starting, lighting and ignition applications in automotive and over-the-road trucks, energy storage solutions for satellites, military land vehicles, and medical devices and equipment.

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Company Name: 
Enersys
Stock buyback: 
ENS buyback
Website: 
www.enersys.com
Sector: 
Electronic Equipment & Products
Number of ETFs Holding ENS: 
58
Total Market Value Held by ETFs: 
$701.56M
Total Market Capitalization: 
$3.61B
% of Market Cap. Held by ETFs: 
19.41%
 

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Buy (2.75 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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