The Andersons, Inc. announces an Equity Buyback for $100 million worth of its shares.
August 20, 2021 at 03:15 pm
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The Andersons, Inc. (NasdaqGS:ANDE) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its outstanding company common stock. The authorization for this plan will be in effect for a period of three years.
The Andersons, Inc. is a diversified company, which is engaged in the operations of agricultural supply chain. The Company operates through three segments: Trade, Renewables, and Nutrient and Industrial. The Trade segment is a diversified business focusing on capturing profits through merchandising and managing logistics across a wide range of commodities. The segment specializes in the movement of physical commodities, such as whole grains, grain products, feed ingredients and domestic fuel products among other agricultural commodities. The Renewables segment produces, purchases, and sells ethanol and co-products, offers facility operations, and provides risk management and marketing services to the ethanol plants it invests and operates. The Nutrient & Industrial segment is a manufacturer, distributor and retailer of agricultural and related plant nutrients, liquid industrial products, corncob-based products, pelleted lime and gypsum products, pesticide, and others.
THE ANDERSONS, INC. 
