The Online Investor
TRNS Buyback image

Transcat Buyback

OLI recorded this information on 10/7/2013

Company: Transcat
Buyback: TRNS buyback
Shares Announced Repurchased: 696,138
Buyback Details: Transcat, Inc. (Nasdaq:TRNS) ("Transcat" or the "Company"), a leading provider of accredited calibration, repair, inspection and compliance services and distributor of professional grade handheld test, measurement and control instrumentation, announced that on October 4, 2013 it repurchased 696,138 shares of the Company's common stock from an unaffiliated shareholder in a privately-negotiated transaction for $8.10 per share for a total purchase price of approximately $5.6 million. The transaction was authorized by the Board of Directors and was paid for using Transcat's existing credit facility.

Transcat is a provider of accredited calibration services, enterprise asset management services, and distributor of handheld test, measurement and control instrumentation. Co. conduct its business through two operating segments: service (Service) and distribution (Distribution). Through its Service segment, Co. provides calibration, repair, inspection, analytical qualifications, preventative maintenance, consulting and other related services, a majority of which are processed through its proprietary asset management system, CalTrak® and its online customer portal, C3®. Through its Distribution segment, Co. sells and rents national and proprietary brand instruments to customers globally.

TRNS SEC Filing Email Alerts Service

Open the TRNS Page at The Online Investor »

Company Name: 
Transcat Inc
Stock buyback: 
TRNS buyback
Website: 
www.transcat.com
Sector: 
Electronic Equipment & Products
Number of ETFs Holding TRNS: 
22
Total Market Value Held by ETFs: 
$95.82M
Total Market Capitalization: 
$970.00M
% of Market Cap. Held by ETFs: 
9.88%
 

Open the TRNS Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree TRNS Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (4.00 out of 4)
78th percentile
(ranked higher than approx. 78% of all stocks covered)

Analysts' Target Price:
TRNS Stock Forecast

Based on Zacks ABR data;
powered by Xignite

TRNS Buyback Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.