Tranche Update on Mueller Water Products, Inc.'s Equity Buyback Plan announced on April 28, 2015.
May 07, 2024 at 03:08 pm
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From January 1, 2024 to March 31, 2024, the company has repurchased 636,789 shares, representing 0.41% for $9.98 million. With this, the company has completed the repurchase of 13,828,305 shares, representing 8.7% for $169.52 million under the buyback announced on April 28, 2015.
Mueller Water Products, Inc. is a manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America. The Company's product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software technology that provides critical water system data. The Company operates through two segments: Water Flow Solutions and Water Management Solutions. Its Water Flow Solutions segment's portfolio includes iron gate valves, specialty valves and service brass products. Its Water Management Solutions segment's portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Its brands include Canada Valve, Centurion, Echologics, Echoshore, ePulse, Ez-Max, Hersey, Hydro Gate, Hydro-Guard, HYMAX and others.