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Fundraise Mar 2025 · Racine, Wisconsin Verified

Modine Manufacturing Authorizes $100M Share Repurchase Program

Modine Manufacturing Company's Board of Directors authorized a new share repurchase program allowing the company to repurchase up to $100 million of its common stock. The program is effective immediately, does not expire, and repurchases will depend on market conditions and capital needs.

“On March 6, 2025, the Board of Directors (the “Board”) of Modine Manufacturing Company (“the “Company”) authorized a new share repurchase program (the “Share Repurchase Program”) that allows the Company to repurchase up to $100 million of its common stock, par value $0.625 per share (the “common stock”).”

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Modine Manufacturing Company · Mentioned
HVAC Sentiment: Neutral

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.