American Vanguard authorizes $15M share repurchase program over next 12 months

AMERICAN VANGUARD CORP

Board approved repurchase of up to $15M of common stock over twelve months under Rule 10b-18.
Program expected to commence in the first week of June 2023.
CEO cites confidence in core business and strategic initiatives: Green Solutions, SIMPAS/Ultimus technologies.
Management believes shares are undervalued relative to company's expected success.

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