Tranche Update on Graco Inc.'s Equity Buyback Plan announced on April 24, 2015.
January 29, 2019 at 02:56 am IST
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From September 29, 2018 to December 28, 2018, the company has repurchased 2,303,013 shares, representing 1.38% for $91.64 million. With this, the company has completed the repurchase of 14,997,472 shares, representing 8.9% for $483.82 million under the buyback announced on April 24, 2015.
Graco Inc. is a manufacturing company. It supplies technology and expertise for the management of fluids and coatings in industrial and commercial applications. It operates through three segments: Contractor, Industrial and Process. Contractor segment offers sprayers that apply paint to walls and other structures, with product models for users ranging from do-it-yourself homeowners to professional contractors. It also manufactures two-component proportioning systems that are used to spray polyurethane foam (spray foam) and polyurea coatings. Industrial segment includes the Industrial and Powder divisions. The Industrial segment markets equipment and solutions for moving and applying paints, coatings, sealants, adhesives and other fluids. Process segment includes the Process and Lubrication divisions. The Process segment markets pumps, valves, meters and accessories to move and dispense chemicals, oil and natural gas, water, wastewater, petroleum, food, lubricants and other fluids.
GRACO INC. 
