Tranche Update on Lincoln Electric Holdings, Inc.'s Equity Buyback Plan announced on February 13, 2020.
February 27, 2024 at 04:08 pm
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From October 1, 2023 to December 31, 2023, the company has repurchased 347,499 shares, representing 0.61% for $67.01 million. With this, the company has completed the repurchase of 2,141,480 shares, representing 3.7% for $334.96 million under the buyback announced on February 13, 2020.
Lincoln Electric Holdings, Inc. is a manufacturer of welding, cutting and brazing products. The Company operates through three segments: Americas Welding, International Welding, and the Harris Products Group. The Americas Welding segment includes welding operations in North and South America. The International Welding segment includes welding operations in Europe, Africa, Asia, and Australia. The Harris Products Group includes the Companyâs global cutting, soldering and brazing businesses, specialty gas equipment, as well as the retail business in the United States. The Companyâs products include arc welding, brazing and soldering filler metals (consumables), arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, specialty gas regulators, and education solutions; as well as a comprehensive portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing.
LINCOLN ELECTRIC HOLDINGS, INC. 
