Tranche Update on Woodward, Inc.'s Equity Buyback Plan announced on January 31, 2022.
May 06, 2024 at 08:01 pm IST
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From January 1, 2024 to January 25, 2024, the company has repurchased 0 shares, representing 0% for $0 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.