ATI's Board Authorizes $700 Million Share Buyback Program
ATI(ATI) ZACKS·2024-09-04 19:40
ATI Inc. (ATI) stated that its board of directors has authorized the repurchase of up to $700 million in outstanding common shares, which the company anticipates would support a multi-year share buyback program. Repurchases under the program can be made on the open market or in privately negotiated deals, with the amount and timing of buybacks determined by market circumstances and corporate needs. The stock repurchase program does not require the company to buy back a certain number of shares, and ATI’s bo ...