THOR Industries, Inc. Buyback
OLI recorded this information on 12/21/2021
Company:
THOR Industries, Inc.
Buyback:
THO buyback
$Amount Authorized:
$250,000,000
Buyback Details:
THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors has authorized the repurchase of up to $250 million of its Common Stock. The Company may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions or other means. The timing and amount of any transactions will be at the Company's discretion subject to the market price of the stock, general market and economic conditions, cash availability, applicable legal requirements, and other growth investment opportunities. The repurchase authorization will expire December 21, 2024.
Thor Industries is a manufacturer of recreational vehicles (RVs) in the U.S. and Europe, and sells those vehicles, as well as related parts and accessories, primarily to independent, non-franchise dealers throughout the U.S., Canada and Europe. Co.'s business activities are primarily comprised of three main operations, which include the design, manufacture and sale of North American towable RVs, North American motorized RVs and European RVs, with the European vehicles including both towable and motorized products as well as other RV- related products and services. Co. has three reportable segments, all related to RVs: North American towables, North American motorized and European.
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Avg. Broker Rec.
  
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Hold (1.60 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: THO Stock Forecast Based on Zacks ABR data; powered by Xignite |
