CSW Industrials (CSWI) Tops Q2 EPS by 12c, Revenues Beat

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CSW Industrials (CSWI) Reports $75M Share Buyback Authorization; Offers Updated Details for Capital Allocation Strategy

November 7, 2018 8:08 AM EST

CSW Industrials, Inc. (NASDAQ: CSWI) today announced the Board of Directors has authorized a $75 million share repurchase program over a two-year period. To date, the Company has repurchased approximately 656 thousand shares and completed the current $35 million Board-authorized share repurchase program implemented on November 11, 2016.

Under the program, shares may be repurchased from time to time in the open market or in privately negotiated transactions. All repurchases will be made at the Companys discretion, based on ongoing assessments of the business capital allocation priorities, the market price of its common stock and general... More