The Board of Directors of Carlisle Companies Incorporated has authorized Carlisle to repurchase an additional 4.1 million shares
OREANDA-NEWS. The Board of Directors of Carlisle Companies Incorporated (NYSE:CSL) has authorized Carlisle to repurchase an additional 4.1 million shares, increasing Carlisle’s authorization to approximately 5.0 million shares. The shares will be repurchased at management’s direction from time to time in the open market at prevailing market prices, in privately negotiated transactions or through block trades. The timing and amount of repurchases will depend on the market price of Carlisle’s common stock, general market conditions, applicable legal requirements and other corporate developments.
D. Christian “Chris” Koch, Carlisle’s President and Chief Executive Officer, commented, “In addition to our 17% dividend increase announced in August, we are pleased to continue our share repurchase program as an important part of our strategy to deliver value to shareholders.”
About Carlisle Companies Incorporated
Carlisle Companies Incorporated is a global diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, foodservice, healthcare, sanitary maintenance, transportation, auto refinishing, general industrial, protective coating, wood and specialty. Through our group of decentralized operating companies led by entrepreneurial management teams, we bring innovative product solutions to solve the challenges facing our customers.
Комментарии