Tranche Update on H.B. Fuller Company's Equity Buyback Plan announced on September 30, 2010.
January 31, 2017 at 04:35 pm
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From August 28, 2016 to December 3, 2016, the company has repurchased 250,000 shares, representing 0.5% for $11.32 million. With this, the company has completed the repurchase of 1,945,446 shares, representing 3.9% for $71.19 million under the buyback announced on September 30, 2010.
H.B. Fuller Company is a pureplay adhesives company. It operates as a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. Its Hygiene, Health and Consumable Adhesives segment manufactures and supplies adhesive products in the assembly, packaging, converting, nonwoven and hygiene, health and beauty, graphic arts and envelope markets. Its Engineering Adhesives segment provides adhesives to the transportation, electronics, clean energy, aerospace and defense, performance wood, insulating glass, textile, appliance and heavy machinery markets. its Construction Adhesives segment manufactures and provides specialty adhesives, sealants, tapes, mortars, grouts, and application devices for commercial building roofing systems, heavy infrastructure projects, road/highway/airport transportation applications, building envelope applications, and others. The Company's product range consists of epoxy, cyanoacrylate, UV curable, anaerobic, and Vibra-Tite.