Lincoln Electric Holdings, Inc Buyback
OLI recorded this information on 4/20/2016
Company:
Lincoln Electric Holdings, Inc
Buyback:
LECO buyback
Share Amount Authorized:
10,000,000
Buyback Details:
Lincoln Electric Holdings, Inc., (the "Company") (Nasdaq:LECO) today announced that its Board of Directors has approved a new share repurchase program authorizing the Company to repurchase, in the aggregate, up to 10 million of its outstanding common stock.
Lincoln Electric Holdings is a holding company. Through its subsidiaries, Co. is a manufacturer of welding, cutting and brazing products. Co. is engaged in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment. Co. also is engaged in brazing and soldering alloys. Co.'s products include arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories and other welding consumables and fabrication.
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Avg. Broker Rec.
  
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Buy (2.75 out of 4) 4th percentile
(ranked lower than approx. 96% of all stocks covered)
Analysts' Target Price: LECO Stock Forecast Based on Zacks ABR data; powered by Xignite |
