Preformed Line Products Company Buyback
OLI recorded this information on 8/12/2015
Preformed Line Products Company
Share Amount Authorized:
Preformed Line Products Company (the "Company") (Nasdaq: PLPC) today announced that its Board of Directors has approved a share repurchase program under which the Company is authorized to repurchase up to 238,000 of the Company's outstanding Common Shares from time to time on the open market, including through a Rule 10b5-1 plan, or in privately negotiated transactions.
Preformed Line Products is a designer and manufacturer of products and systems employed in the construction and maintenance of overhead and underground networks for the energy, telecommunication, cable operators, and information industries. Co.'s products include: Energy Products, which support, protect, terminate and secure both power conductor and communication cables and control cable dynamics; Communications Products, which protect fixed line communication networks from moisture, environmental hazards and other potential contaminants; and Special Industries Products, which are used by energy, renewable energy, communications, cable and special industries for various applications.
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