other material
confidence high
sentiment positive
materiality 0.70
Lindsay Corp authorizes new $150M share repurchase program with no expiration
LINDSAY CORP
- Board authorized up to $150M of common stock repurchases; no expiration date.
- Replaces previously completed $250M repurchase program.
- Repurchases may be made in open market, private transactions, or under Rule 10b5-1 plans.
- Timing and volume depend on market conditions, stock price, and securities laws.
- Repurchases in excess of issuances subject to 1% excise tax under Inflation Reduction Act.