Effective date |
share Has been repurchased |
authorized and Buyback$ |
average price $ per share |
Finish date |
||||
|
671,230 |
|
|
|
||||
|
682,334 |
|
|
|
||||
1 Repurchases are made pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. |
||||||||
2 Repurchases are made pursuant to Rule 10b-18 of the Securities Exchange Act of 1934, as amended. |
“We are pleased to announce the completion of our second share repurchase program,” said
The stock repurchase program is funded through a combination of the company’s cash reserves and available credit lines and will not compromise our ability to invest in strategic growth opportunities and maintain a strong balance sheet.
About Yaan
Founded in 1988, AAON is a global leader in HVAC solutions for commercial and industrial indoor environments. The company takes an industry-leading approach to designing and manufacturing highly configurable devices to meet exact needs, creating a best-in-class ownership experience with greater efficiency, performance and long-term value. AAON is headquartered in
forward-looking statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. “estimate,” “should,” “will” and variations of these words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Accordingly, actual outcomes and results may differ materially from those expressed or projected in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause results to differ materially from those in forward-looking statements include (1) the timing and extent of changes in raw material and parts prices, (2) the impact of fluctuations in the commercial/industrial new construction market, (3) the impact of interest rate changes during the year. the timing and extent of, and other competitive factors, and (4) general economic, market or business conditions.
Contact information
Phone (617) 877-6346
e-mail: joseph.mondillo@aaon.com