UFP Technologies, Inc. Buyback
OLI recorded this information on 6/16/2015
Company:
UFP Technologies, Inc.
Buyback:
UFPT buyback
$Amount Authorized:
$10,000,000
Buyback Details:
UFP Technologies, Inc. (NASDAQ:UFPT), a manufacturer of packaging and component products, today announced that its Board of Directors has authorized a stock repurchase program of up to $10 million of the Company's common stock.
UFP Technologies designs and manufactures components, subassemblies, products and packaging mainly for the medical market. Co.'s devices and components are used in a range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging. Co. also provides products and components to customers in the automotive, aerospace and defense, consumer, electronics, and industrial markets. Applications of Co.'s products include military uniform and gear components, automotive interior trim, athletic padding, protective packaging, air filtration, abrasive nail files, and protective cases and inserts.
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Buy (3.33 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: UFPT Stock Forecast Based on Zacks ABR data; powered by Xignite |