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Hyster-Yale Approves $50M Buyback Plan, Aims To Repurchase Up To 1.5M Shares

Author: Benzinga Newsdesk | November 18, 2024 06:36am

"The Board of Directors' approval of this stock repurchase program reflects confidence in the Company's balance sheet and business outlook," said Rajiv K. Prasad, President and Chief Executive Officer of Hyster-Yale, Inc. "This stock repurchase authorization is well aligned with our capital allocation strategy designed to support long-term profitable growth and fuel shareholder return as the business generates free cash flow."

Posted In: HY


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