Resideo Technologies, Inc. Buyback
OLI recorded this information on 8/3/2023
Company:
Resideo Technologies, Inc.
Buyback:
REZI buyback
$Amount Authorized:
$150,000,000
Buyback Details:
Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer and developer of technology-driven products and components that provide critical home comfort, energy management, and safety and security solutions and a leading wholesale distributor of low-voltage security, life safety, audio visual, data com, and other product categories, today announced that its Board of Directors has approved a stock repurchase program, pursuant to which the Company is authorized to purchase up to $150 million of its common stock over an unlimited time period.
Resideo Technologies is a manufacturer and developer of products and components. Co.'s segments are: Products and Solutions, which includes temperature and humidity control, thermal and combustion solutions, water and indoor air quality solutions, and smoke and carbon monoxide detection home safety products and fire suppression products; and ADI Global Distribution, which is a wholesale distributor of low-voltage security products including security, fire, access control and video products, and participates primarily in the related markets of smart home, access control, power, audio, ProAV, networking, communications, wire and cable, enterprise connectivity, and structured wiring products.
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Avg. Broker Rec.
  
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Buy (2.67 out of 4) 10th percentile
(ranked lower than approx. 90% of all stocks covered)
Analysts' Target Price: REZI Stock Forecast Based on Zacks ABR data; powered by Xignite |
