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

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

CSW Industrials Announces $75 Million Share Buyback Authorization; Details Capital Allocation Strategy

November 7, 2018 8:00 AM EST

DALLAS, Nov. 07, 2018 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NASDAQ: CSWI), a diversified industrial growth company with well-established, scalable platforms and domain expertise across two segments: Industrial Products and Specialty Chemicals, 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... More