Modine Manufacturing $50M Share Repurchase Authorization

Modine Manufacturing Company's Board of Directors authorized a $50 million common stock repurchase program, expiring November 5, 2020. This is a capital allocation action, not a private equity deal or roll-up signal.

“effective as of October 30, 2018, the Board of Directors of the Company authorized a $50 million common stock repurchase program, expiring on November 5, 2020.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.