- Thor Industries Inc (NYSE:THO) Board of Directors has increased the share repurchase authorization to $600 million.
- Under its $250 million prior authorization scheduled through December 21, 2024, the company had $151.68 million remaining as of June 24, 2022.
- The company's new plan calls for the repurchase of an additional $448.32 million of shares through July 31, 2025, bringing the total authorization to $600 million and extending the duration of the program by approximately seven months.
- The company may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions, or other means.
- Thor held $331.9 million in cash and equivalents as of April 30, 2022.
- Last week, THO Board declared a regular quarterly cash dividend of $0.43 per share, payable on July 19, 2022, to shareholders of record on July 5, 2022.
- Price Action: THO shares are trading higher by 0.19% at $79.55 on the last check Monday.
Get all your news in one place.
100’s of premium titles.
One app.
Start reading
One app.
Get all your news in one place.
100’s of premium titles. One news app.
Thor Industries Boosts Stock Buyback Program
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member?
Sign in here
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member?
Sign in here
Our Picks