Luxfer Group Buyback
OLI recorded this information on 6/4/2015
Luxfer Group (NYSE:LXFR), a global materials technology company, today announced approval by its Board of Directors of a program to repurchase up to $10 million of its American Depositary Shares ("ADSs").
Luxfer Holdings is a materials technology company focusing on the manufacturing of materials, components and devices for transportation, defense and emergency response, healthcare and general industrial applications. Co. focuses primarily on development related to magnesium alloys, zirconium chemicals, aluminum alloys and carbon composites. Co. operates in two business segments: Elektron and Gas Cylinders. Co.'s Elektron segment focuses on specialty materials based primarily on magnesium and zirconium. Co.'s Gas Cylinders segment manufactures and markets products using aluminum, titanium and carbon composites.
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Buy (3.33 out of 4)