MTS Systems Corporation Buyback
OLI recorded this information on 8/22/2012
Company:
MTS Systems Corporation
Buyback:
MTSC buyback
$Amount Authorized:
$40,000,000
Buyback Details:
The Board of Directors has authorized the Company to purchase up to $40 million of its common stock in an accelerated share purchase program.
MTS Systems supplies test systems, motion simulators and sensors. Co.'s Test and Simulation segment provides testing and simulation solutions including hardware, software and services, with products, service and customers grouped into three sectors: ground vehicles, materials, and structures. Co.'s Sensors segment engages in sensing technologies and solutions used by design engineers and predictive maintenance personnel. Sensors products and solutions serve the automotive, aerospace, industrial, defense, and research and development markets, and other markets, with products and customers grouped into four sectors: test sensors, position sensors, industrial sensors, and systems sensors.
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Sell (1.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: MTSC Stock Forecast Based on Zacks ABR data; powered by Xignite |