ATI Authorizes Up To Additional $500 Mln Of Share Buyback
(RTTNews) - ATI Inc. (ATI), a manufacturer of specialty materials and complex components, Thursday announced that it has authorized an additional repurchase of up to $500 million of its common stock.
The company expects this buyback program to support a multi-year share repurchase program in combination with the currently remaining $120 million from its prior authorization.
In pre-market activity, ATI shares were trading at $149.02, up 0.30% on the New York Stock Exchange.
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