Thor Industries, Inc. Buyback
OLI recorded this information on 5/19/2015
Thor Industries, Inc.
Thor Industries, Inc. (NYSE:THO) today announced that it has entered into a repurchase agreement, dated as of May 15, 2015, to purchase one million shares of its common stock at a price of $60 per share from The Thompson Family Foundation (the "Foundation") in a private transaction valued at $60 million.
Thor Industries is a manufacturer of recreational vehicles. Co. has three segments: North American Towable Recreational Vehicles, which consists of: Airstream (towable), Heartland (including Bison, Cruiser RV and DRV), Jayco (including Jayco towable, Starcraft and Highland Ridge), Keystone (including CrossRoads and Dutchmen) and KZ (including Venture RV); North American Motorized Recreational Vehicle, which consists of: Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach) and Thor Motor Coach; and European Recreational Vehicles, which consists of the Erwin Hymer Group business.
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Buy (2.82 out of 4)
(ranked lower than approx. 70% of all stocks covered)
Based on Zacks ABR data;
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