AZEK Sets $100 Million Accelerated Stock Buyback - News Summed Up

AZEK Sets $100 Million Accelerated Stock Buyback


By Colin KellaherAZEK Co. has inked a $100 million accelerated share-repurchase agreement with Goldman Sachs. AZEK on Tuesday said it expects an initial delivery of about 2.3 million shares under the agreement, which the Chicago decking-products maker plans to fund with cash from operations and proceeds from the recent sale of its Vycom business.


Source: Wall Street Journal December 05, 2023 21:37 UTC



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