Stock Buybacks
By The Online Investor Staff, updated Wed., Aug. 4, 2:09 PM
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Slide #3. CECO Environmental Corp.
Company:
CECO Environmental Corp. (NASDAQ:CECE)
$Amount Authorized:
$5,000,000
Buyback Details:
CECO Environmental Corp. (Nasdaq: CECE) today announced that its Board of Directors has authorized a share repurchase program under which CECO may purchase up to $5 million of its outstanding common shares through December 31, 2021.
CECO Environmental is engaged in industrial air quality and fluid handling serving the energy, industrial and other markets through an asset-light business model. Co. has three segments: Energy Solutions, which provides offerings that improve air quality and solve fluid handling needs with technologies and customized solutions for the power generation, oil and gas, and petrochemical industries; Industrial Solutions, which provides a solution that enable its customers to reduce their carbon footprint, lower energy consumption, and minimize waste; and Fluid Handling Solutions, which provides pump and filtration solutions that maintain safe and clean operations in harsh and toxic environments. 
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 94th percentile
(ranked higher than approx. 94% of all stocks covered)
Analysts' Target Price: CECE Stock Forecast Based on Zacks ABR data; powered by Xignite |
