other material
confidence low
sentiment neutral
materiality 0.60
Hayward announces preliminary FY2021 results and $81M share repurchase from sponsors
Hayward Holdings, Inc.
- Preliminary net sales, net income, and adjusted EBITDA ranges for Q4 and FY2021 announced; specific figures not provided in this excerpt.
- Agreed to repurchase 4.08M shares from affiliates of controlling shareholders at $19.80/share, aggregate $81M.
- Repurchase approved by independent committee; approximately $369M remains under $450M buyback authorization.