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Nordson Corporation Buyback

OLI recorded this information on 8/26/2015

Company: Nordson Corporation
Buyback: NDSN buyback
$Amount Authorized: $200,000,000
Buyback Details: Nordson Corporation (NASDAQ:NDSN) today announced that its Board of Directors has authorized the repurchase of up to an additional $200 million of the Company's common shares. This new authorization adds capacity to the Board's December 2014 authorization to repurchase $300 million of shares, under which approximately $147 million remained available for share repurchases at the quarter ended July 31, 2015.

Nordson is a technology company that is engaged in engineering, manufacturing and marketing products and systems used for dispensing, applying and controlling of adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces and various medical products. Co. serves a range of consumer non-durable, consumer durable and technology end markets including packaging, electronics, medical, appliances, energy, transportation, building and construction, and general product assembly and finishing. Co. has two operating segments: Industrial Precision Solutions and Advanced Technology Solutions.

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Company Name: 
Nordson Corp.
Stock buyback: 
NDSN buyback
Industrial Machinery & Equipment
Number of ETFs Holding NDSN: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

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Buy (2.86 out of 4)
8th percentile
(ranked lower than approx. 92% of all stocks covered)

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