DNOW Announces a New $160 Million Share Repurchase Program Authorization
David Cherechinsky, President and CEO of DNOW Inc., commented, “We are excited to announce our new share repurchase program, which is double in size from our previous program. The continued execution of our strategy and accompanying growth initiatives supports our confidence in DNOW’s continued cash flow generation capabilities and improved earnings profile.
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DNOW shares were up 8% at $14.88 after the company's board of directors authorized a new share-repurchase program. The energy and industrial equipment company said it may now purchase up to $160 ...
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