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Terex Corporation Buyback

OLI recorded this information on 7/12/2018

Company: Terex Corporation
Buyback: TEX buyback
$Amount Authorized: $300,000,000
Buyback Details: Terex Corporation (NYSE:TEX) today announced that its Board of Directors authorized a new share repurchase program of up to $300 million. The Company completed its previous share repurchase program at the end of the second quarter of 2018.

Terex is a global manufacturer of aerial work platforms, materials processing machinery and cranes. Co. has two segments: Aerial Work Platforms, which designs, manufactures, services and markets aerial work platform equipment, utility equipment, telehandlers and light towers, including portable material lifts, self-propelled articulating and telescopic booms, scissor lifts, and trailer-mounted light towers as well as, their related components and replacement parts; and Material Processing, which designs, manufactures and markets materials processing and other equipment, including crushers, washing systems, apron feeders, conveyors, and their related components and replacement parts.

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Company Name: 
Terex Corp.
Stock buyback: 
TEX buyback
Website: 
www.terex.com
Sector: 
Industrial Machinery & Equipment
Number of ETFs Holding TEX: 
54
Total Market Value Held by ETFs: 
$342.80M
Total Market Capitalization: 
$1.94B
% of Market Cap. Held by ETFs: 
17.71%
 

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Buy (3.27 out of 4)
32nd percentile
(ranked lower than approx. 68% of all stocks covered)

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