Escalade, Incorporated Buyback
OLI recorded this information on 9/3/2019
Company:
Escalade, Incorporated
Buyback:
ESCA buyback
$Amount Authorized:
$5,000,000
Buyback Details:
Escalade, Incorporated ("Escalade") (NASDAQ: ESCA) announced that its Board of Directors has authorized an increase to the Company's stock repurchase program, increasing the limit from $3,000,000 to $5,000,000.
Escalade and its wholly-owned subsidiaries are engaged in the manufacture and sale of sporting goods products. Co. operates in a business segment: Sporting Goods (Escalade Sports). Escalade Sports manufactures, imports, and distributes sporting goods brands in basketball goals, archery, indoor and outdoor game recreation and fitness products through sporting goods retailers, dealers, on-line retailers, department stores and mass merchants. Co. is engaged in table tennis tables, residential in-ground basketball goals and in archery bows. Escalade Sports manufactures in the U.S. and Mexico and imports product from Asia, where Co. utilizes a number of contract manufacturers.
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Strong Buy (4.00 out of 4) 92nd percentile
(ranked higher than approx. 92% of all stocks covered)
Analysts' Target Price: ESCA Stock Forecast Based on Zacks ABR data; powered by Xignite |