Trimble Buyback
OLI recorded this information on 8/19/2021
Company:
Trimble
Buyback:
TRMB buyback
$Amount Authorized:
$750,000,000
Buyback Details:
Trimble (NASDAQ: TRMB) announced today that its Board of Directors has approved a new share repurchase program authorizing up to $750 million in repurchases of the Company's common stock. The share repurchase authorization does not have an expiration date and replaces the prior 2017 authorization of $600 million, of which $50.7 million was remaining and has been cancelled.
Trimble is a technology solutions provider. Co.'s work process solutions are used in architecture, building construction, civil engineering, geospatial, survey and mapping, agriculture, natural resources, utilities, transportation, and government. Co.'s segments are: Buildings and Infrastructure, which serves customers working in architecture, engineering, construction, and operations and maintenance; Geospatial, which serves customers working in surveying, engineering, and government; Resources and Utilities, which serves customers working in agriculture, forestry, and utilities; and Transportation, which serves customers working in long haul trucking and freight shipper markets.
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Buy (3.18 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: TRMB Stock Forecast Based on Zacks ABR data; powered by Xignite |