MRC Global Announces $125 Mln Share Repurchase Drive
From Nasdaq: 2025-01-03 06:57:01
MRC Global Inc. announced a new $125 million share repurchase program, set to expire on January 2, 2028. CEO Rob Saltiel expressed confidence in the company’s future and outlined a capital allocation strategy focused on debt leverage, shareholder returns, and growth investments. The specifics of the share repurchase, including timing and number of shares, will be determined by management. The company anticipates beginning the program execution in the second quarter.
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