L.B. Foster Company Buyback
OLI recorded this information on 12/10/2015
Company:
L.B. Foster Company
Buyback:
FSTR buyback
$Amount Authorized:
$30,000,000
Buyback Details:
L.B. Foster Company (NASDAQ:FSTR) announced today that its Board of Directors authorized the repurchase of up to $30 million of its common shares through December 2017 at which time the authorization will expire. This new authorization is effective January 1, 2016 and will replace the current authorization.
L.B. Foster is a solutions provider of engineered, manufactured products and services that builds and supports infrastructure. Co.'s business segments include: Rail, Technologies, and Services (Rail), Precast Concrete Products (Precast), and Steel Products and Measurement. Co.'s Rail segment provides a variety of products, solutions, and services for freight and passenger railroads and other industrial companies. The Precast segment manufactures precast concrete products. Under its CXT® brand, Precast manufactures restrooms, concession stands, and other protective storage buildings. Co.'s Steel Products and Measurement segment provides custom engineered solutions and services.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: FSTR Stock Forecast Based on Zacks ABR data; powered by Xignite |