UGI Corporation Buyback
OLI recorded this information on 1/31/2014
Share Amount Authorized:
Additionally, Directors of UGI have authorized a share repurchase program of up to 10 million shares of the Company's common stock. "We remain focused on delivering value to our shareholders and believe that a share repurchase program is an appropriate and strategic use of the company's cash," said John Walsh, president and chief executive officer of UGI. The authorization allows for the execution of the share repurchase program over a four year time horizon.
UGI is a holding company. Through its subsidiaries and affiliates, Co. distributes, stores, transports and markets energy products and related services. Co.'s segments are: AmeriGas Propane, which distributes propane and sells, installs, and services propane appliances, including heating systems; UGI International, which includes liquefied petroleum gas distribution businesses and energy marketing business; Midstream and Marketing, which includes energy-related businesses that conduct energy marketing, including renewable natural gas, in the Mid-Atlantic region of the U.S. and California; and UGI Utilities, which consists of the regulated natural gas and electric distribution businesses.
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Buy (2.67 out of 4)