AeroVironment, Inc. Announces New Stock Repurchase Authorization

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Engaged Capital Sends Letter to AeroVironment's (AVAV) Chairman and CEO

September 24, 2015 4:35 PM EDT

Engaged Capital, an investment firm specializing in enhancing the value of small and mid-cap North American equities, today sent a letter to Chairman and Chief Executive Officer of AeroVironment, Inc. (AVAV or the Company) (NASDAQ: AVAV).

The full text of the letter... More

AeroVironment (AVAV) Approves $25M Common Stock Buyback Plan

September 24, 2015 4:30 PM EDT

AeroVironment (NASDAQ: AVAV) announced the companys Board of Directors has authorized a stock repurchase program of $25 million, effective immediately. Repurchases are expected to be made from time to time through open market transactions. No time limit has been established for the completion of the program. AeroVironment currently... More