Tranche Update on Woodward, Inc.'s Equity Buyback Plan announced on January 31, 2022.
January 25, 2024 at 06:31 pm IST
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From October 1, 2023 to December 31, 2023, the company has repurchased 552,637 shares, representing 0.92% for $53.88 million. With this, the company has completed the repurchase of 5,504,772 shares, representing 8.96% for $626.3 million under the buyback announced on January 31, 2022.
Woodward, Inc. is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. It operates through two segments: Aerospace and Industrial. Its Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, and combustion and motion control. These products include fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, as well as flight deck controls, actuators, servocontrols, motors, and sensors. Its Industrial segment designs, produces, and services systems and products for the management of fuel, air, fluids, gases, motion, combustion, and electricity. These products include actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. Its production facilities are in the United States, Europe, and Asia.
WOODWARD, INC. 
