Advanced Drainage Systems, Inc. Buyback
OLI recorded this information on 2/9/2017
Company:
Advanced Drainage Systems, Inc.
Buyback:
WMS buyback
$Amount Authorized:
$50,000,000
Buyback Details:
Advanced Drainage Systems, Inc. ("ADS") (NYSE:WMS), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that its Board of Directors has authorized a stock repurchase program for the repurchase of up to $50 million in shares of the Company's common stock.
Advanced Drainage Systems is a manufacturer of water management solutions in the stormwater and onsite septic wastewater industries. Co. designs, manufactures and markets a line of thermoplastic corrugated pipe and related water management products for use in a range of end markets. Co.'s product line includes: single, double and triple wall corrugated polypropylene and polyethylene pipe, plastic leachfield chambers and systems, septic tanks and accessories, and a variety of additional water management products including: storm retention/detention and septic chambers; polyvinyl chloride drainage structures; fittings; and water quality filters and separators.
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Avg. Broker Rec.
 
|
Strong Buy (3.71 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: WMS Stock Forecast Based on Zacks ABR data; powered by Xignite |
