Ferroglobe PLC Buyback
OLI recorded this information on 8/21/2018
Company:
Ferroglobe PLC
Buyback:
GSM buyback
$Amount Authorized:
$20,000,000
Buyback Details:
Ferroglobe PLC (NASDAQ:GSM) ("Ferroglobe" or the "Company"), the global leader in the production of silicon metal and a leading producer of silicon- and manganese-based specialty alloys, announced today that its Board of Directors has authorized the repurchase of up to $20 million of the Company's ordinary shares in the period ending December 31, 2018.
Ferroglobe, through its operating subsidiaries, is a producers of silicon metal, silicon-based alloys and manganese-based alloys. Additionally, Co. has quartz mining activities in Spain, the United States, Canada, South Africa and Mauritania, low-ash metallurgical quality coal mining activities in the United States, and interests in hydroelectric power in France. Co. sells its products to a range of customer worldwide, in a varied range of industries. These industries include aluminum, silicone compounds used in the chemical industry, ductile iron, automotive parts, photovoltaic (solar) cells, electronic semiconductors and steel.
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Strong Buy (4.00 out of 4) 90th percentile
(ranked higher than approx. 90% of all stocks covered)
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