Simpson Manufacturing Approves $1 Billion Share Repurchase Authorization
The new authorization supersedes the company’s prior $200 million share repurchase plan. Simpson had purchased about $165 million of its common stock year to date through Sept. 20 under the superseded plan.
By Stephen NakrosisSimpson Manufacturing said its board has approved a new $1 billion share repurchase program, which supersedes the company's prior $200 million share repurchase plan.Year to date through Sept. 20, the company purchased about $165 million of its common stock under the now supersede…