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