Aegion (AEGN) Approves $40M Buyback Program
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Aegion Corporation Announces New $40 Million Share Repurchase Program for 2017
November 16, 2016 5:30 PM ESTST. LOUIS--(BUSINESS WIRE)-- Aegion Corporation (Nasdaq Global Select Market: AEGN) today announced that last month its Board of Directors authorized a new program to repurchase up to $40.0 million of the Companys common stock in 2017. The new repurchase program will begin the first trading day of 2017. The Company is currently executing a $10.0 million repurchase program that will expire on December 31, 2016 or, if earlier, upon the exhaustion of the $10.0 million authorization.
Aegion will effect the new $40.0 million repurchase program through one or more trading plans established in accordance with Rule 10b5-1 of the... More
