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Polaris Industries Inc. Buyback

OLI recorded this information on 1/28/2016

Company: Polaris Industries Inc.
Buyback: PII buyback
Share Amount Authorized: 7,500,000
Buyback Details: Polaris also announced that its Board of Directors has approved an increase in the Company's common stock repurchase authorization by 7.5 million shares. The additional share repurchase authorization, together with the 2.9 million shares remaining available for repurchase under the prior authorization, represents approximately 16 percent of the shares of Polaris common stock currently outstanding. The repurchase of any or all such shares authorized for repurchase will be governed by applicable SEC rules and dependent on management's assessment of market conditions.

Polaris designs, engineers and manufactures powersports vehicles which include, off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility use, snowmobiles, motorcycles, global adjacent markets vehicles, including commercial, government and defense vehicles, and boats. Co.'s products, together with related Parts, Garments and Accessories, as well as aftermarket accessories and apparel, are sold through dealers, distributors and retail stores principally located in the U.S., Canada, Western Europe, Australia and Mexico.

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Company Name: 
Polaris Inc
Stock buyback: 
PII buyback
Auto Manufacturers
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Buy (2.96 out of 4)
16th percentile
(ranked lower than approx. 84% of all stocks covered)

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