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TriMas Corporation Buyback

OLI recorded this information on 11/10/2015

Company: TriMas Corporation
Buyback: TRS buyback
$Amount Authorized: $50,000,000
Buyback Details: TriMas Corporation (NASDAQ:TRS) - a diversified global manufacturer of engineered and applied products - announced today that its Board of Directors has authorized a share repurchase program that enables the Company to purchase up to $50 million of its outstanding common stock.

TriMas manufactures and provides products for customers in the consumer products, aerospace and industrial end markets. Co.'s segments are: Packaging, which consists primarily of the Rieke®, Taplast and Stolz brands, develops and manufactures dispensing products, polymeric and steel caps and closures, and polymeric jar products; Aerospace, which includes the Mac Fasteners™ brand, develops, qualifies and manufactures precision fasteners and machined products to serve the aerospace market; and Specialty Products, which includes the Norris Cylinder™ brand, designs, manufactures and distributes steel cylinders, machined metallic components, and wellhead engines and compression systems.

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Company Name: 
TriMas Corp (New)
Stock buyback: 
TRS buyback
Website: 
www.trimascorp.com
Sector: 
Metals Fabrication & Products
Number of ETFs Holding TRS: 
30
Total Market Value Held by ETFs: 
$196.03M
Total Market Capitalization: 
$1.49B
% of Market Cap. Held by ETFs: 
13.17%
 

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Buy (3.00 out of 4)
10th percentile
(ranked lower than approx. 90% of all stocks covered)

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