Enerpac Tool Group (EPAC) Announces Initiatives to Enhance Shareholder Value

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Enerpac Tool Group Announces Initiatives to Enhance Shareholder Value

March 23, 2022 8:32 AM EDT

Launches ASCEND Program to Drive Transformation Across the Business

Board of Directors Authorizes the repurchase of up to 10 million shares of the companys common stock

MILWAUKEE--(BUSINESS WIRE)-- Enerpac Tool Group Corp. (NYSE: EPAC) (Enerpac or the Company) today announced that its Board of Directors and management team are taking actions intended to enhance shareholder returns, including the launch of ASCEND, a new transformation program focused on driving accelerated earnings growth and efficiency across the business. In addition to the transformation, the Company also announced today... More