Tue. 20 Feb 2024, 12:04pm ET
Benzinga
News, Buybacks
Share repurchase update:
- Approximately $65 million in Hexcel stock purchased year to date through Feb 16
- Board of Directors approved an additional $300 million share repurchase program
Mr. Stanage continued, "We have the right team in place, our innovation is a powerful competitive advantage, our long-term customer relationships are broad and deep, and our markets are growing - all of which support continued and compelling value creation for our stockholders."