Stock Buybacks
By The Online Investor Staff, updated Sat., Nov. 17, 1:18 AM
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Slide #3. Advanced Emissions Solutions, Inc.
Company:
Advanced Emissions Solutions, Inc. (NASDAQ:ADES)
$Amount Authorized:
$20,000,000
Buyback Details:
Advanced Emissions Solutions, Inc. (NASDAQ:ADES) (the "Company" or "ADES") today announced that its Board of Directors has approved the repurchase of up to $20 million of the Company's common stock in the open market. The repurchases will be funded from cash on-hand.
Advanced Emissions Solutions is a holding entity for companies that provide emissions solutions to customers in the coal-fired power generation and industrial boiler processes. Through its subsidiaries and joint ventures, Co. is engaged in emissions control technologies and associated equipment, chemicals and services. As of Dec 31 2017, Co.'s operations consisted of two reportable segments: refined coal, which engages in equity method investments as well as royalty related to reduced emissions of both nitrogen oxide and mercury from coal; and emissions control, which includes its Systems & Equipment, Chemicals and Consulting Services. 
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
