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Sparton Corporation Buyback

OLI recorded this information on 10/28/2014

Company: Sparton Corporation
Buyback: SPA buyback
$Amount Authorized: $5,000,000
Buyback Details: Sparton Corporation (NYSE:SPA) announced that its Board of Directors unanimously approved on October 22, 2014 the repurchase of up to $5 million of its common stock.

Sparton is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. Co. has two segments: manufacturing and design services, which is comprised of contract design, manufacturing, and aftermarket repair and refurbishment of printed circuit card assemblies, sub-assemblies, full product assemblies, and cable/wire harnesses for customers to bring their intellectual property to market; and engineered components and products, which is comprised of design, development and production of proprietary products for both domestic and foreign defense as well as commercial needs.
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Company Name: 
Sparton Corp
Stock buyback: 
SPA buyback
Website: 
www.sparton.com
Sector: 
Electronic Equipment & Products
 

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Hold (2.00 out of 4)
75th percentile
(ranked higher than approx. 75% of all stocks covered)
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