Altra Announces New $50 Million Share Repurchase Program

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Altra Holdings, Inc. (AIMC) Approves $50M Buyback

May 14, 2014 11:54 AM EDT

Altra Industrial Motion Corp. (Nasdaq: AIMC) announced that its board of directors approved a new share repurchase program authorizing the buyback of up to $50 million of the Company's common stock through December 31, 2016.

The Company expects to purchase shares on the open market, through block trades, in privately... More