Thor Industries, Inc. Buyback
OLI recorded this information on 5/19/2015
Company:
Thor Industries, Inc.
Buyback:
THO buyback
$Amount Authorized:
$60,000,000
Buyback Details:
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 (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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Buy (2.67 out of 4) 2nd percentile
(ranked lower than approx. 98% of all stocks covered)
Analysts' Target Price: THO Stock Forecast Based on Zacks ABR data; powered by Xignite |
