secwatch.observer — SEC 8-K summary
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Issuer:     AAON, INC. (AAON)
CIK:        0000824142
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0000824142-24-000169
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAON completes two $50M share repurchase programs in 2024, repurchasing ~1.35M shares
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- First program repurchased 671,230 shares at avg $74.49; second repurchased 682,334 shares at avg $73.28.
- Each program authorized $50M, for total $100M repurchased.
- First program effective Feb 27, 2024, completed June 4; second effective June 4, completed June 14, 2024.
- CEO Gary Fields expressed confidence in long-term growth and commitment to shareholder value.
- Repurchases financed through cash reserves and available credit facility; no impact on strategic investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/824142/000082414224000169/0000824142-24-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/824142/000082414224000169/aaon-20240617.htm
  HTML page:      https://secwatch.observer/filing/0000824142-24-000169

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer