Hexcel Expands Buyback Authorization by $750M, Reports Higher 3Q Profit
Hexcel’s board authorized an expanded $750 million share repurchase program as the company reported higher third-quarter profit. The existing program had around $380.6 million available.
Hexcel's board approved an expansion of its share repurchase program by $750 million as the aerospace materials company reported higher third-quarter profit. The company said Wednesday that the expanded authorization adds to its existing program, which had around $380.6 million available for stock repurchases.