Tranche Update on Gibraltar Industries, Inc.'s Equity Buyback Plan announced on May 4, 2022.
May 03, 2023 at 01:42 pm
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From January 1, 2023 to March 31, 2023, the company has repurchased 153,537 shares, representing 0.5% for $7.37 million. With this, the company has completed the repurchase of 2,150,903 shares, representing 6.69% for $93.24 million under the buyback announced on May 4, 2022.
Gibraltar Industries, Inc. is a manufacturer and provider of products and services for the renewable energy, residential, agtech, and infrastructure markets. The Companyâs segments include Renewables, Residential, Agtech, and Infrastructure. The Renewables segment is engaged in designing, engineering, manufacturing and installation of solar racking and electrical balance of systems. The Residential segment includes products, such as roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions, retractable awnings and gutter guards, and rain dispersion, trims and flashings, other accessories. The Agtech segment provides products and services, including the designing, engineering, manufacturing, construction, maintenance and support of greenhouses and indoor growing operations. The Infrastructure segment provides engineered solutions for bridges, highways and airfields, including structural bearings, expansion joints, and others.