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Benzinga
Benzinga
Business
Shivani Kumaresan

Thor Industries Adopts $250M Share Buyback Program

  • Thor Industries Inc (NYSE:THOBoard of Directors has authorized the repurchase of up to $250 million of its common stock. 
  • The company may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions, or other means. 
  • The repurchase authorization will expire on December 21, 2024. 
  • Thor held $339.3 million in cash and equivalents as of October 31, 2021.
  • Price Action: THO shares closed higher by 1.51% at $95.00 on Tuesday.
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