Sensata Technologies Buyback
OLI recorded this information on 5/31/2018
Sensata Technologies (NYSE:ST) announced today that its Board of Directors has authorized a $400 million ordinary share repurchase program. At the Company's 2018 annual general meeting held earlier today, Sensata's shareholders approved the forms of share repurchase agreements and the potential broker counterparties needed to execute the buyback program.
Sensata Technologies Holding is a holding company. Through its subsidiaries, Co. is an industrial technology company. Co.'s segments are: Performance Sensing, which primarily serves the automotive and heavy vehicle and off-road industries through development and manufacture of sensors, high-voltage contactors, and other products used in systems and applications such as those in subsystems of automobiles, on-road trucks and off-road equipment; and Sensing Solutions, which primarily serves the industrial and aerospace industries through development and manufacture of a portfolio of application-specific sensor and electrical protection products used in a range of industrial markets.
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Buy (2.95 out of 4)