Ametek (AME) Raises Stock Buyback Plan by $400M
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/24/2026
- Wall Street set to open lower as high-stakes Iran, inflation tests loom
- Oil falls ahead of US announcement of new sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Wattmore and Eos Energy strike non-exclusive storage software deal
- RUM Group signs $13.7 billion GPU services deal, issues warrants
- XPeng Inc. (XPEV) Misses Q2 EPS by 100c ; Provides Outlook
- Hungarian Gripen jet crashes, no injuries reported, PM Magyar says
- Wall Street set to open lower as high-stakes Iran, inflation tests loom
AMETEK Increases Share Repurchase Authorization
November 3, 2016 8:01 AM EDTBERWYN, Pa., Nov. 3, 2016 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that its Board of Directors has increased the authorized level for repurchases of its common stock by $400 million. This increased authorization will be added to the approximately $75 million that currently remains available from an existing authorization approved by the Board of Directors in November 2015.
"While strategic acquisitions remain the primary use for our strong free cash flow, this increased share repurchase authorization provides us the flexibility to continue to... More
