Hawkins, Inc. Buyback
OLI recorded this information on 2/7/2019
Company:
Hawkins, Inc.
Buyback:
HWKN buyback
Share Amount Authorized:
500,000
Buyback Details:
Hawkins, Inc. (Nasdaq: HWKN) today announced that its Board of Directors has increased the number of shares authorized to be repurchased under its share repurchase program by 500,000 shares of its outstanding common stock. Shares may be repurchased from time to time on the open market or in privately negotiated transactions subject to applicable securities laws and regulations. The primary objective of the share repurchase program is to offset the impact of dilution from issuances relating to employee and director equity grants and the company's employee stock purchase program.
Hawkins is a chemical and ingredients company that formulates, distributes, blends and manufactures products for its customers. Co. conducts its business in three segments: Industrial, which focuses on providing industrial chemicals, products and services such as acids, alkalis and food-grade and pharmaceutical salts and ingredients; Water Treatment, which focuses on providing chemicals, products, equipment services and solutions for potable water, municipal and industrial wastewater, industrial process water, non-residential swimming pool water and agricultural water; and Health and Nutrition, which focuses on providing ingredient distribution, processing and formulation solutions.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: HWKN Stock Forecast Based on Zacks ABR data; powered by Xignite |
