Agiliti Announces $50M Share Repurchase Plan Over A 12-Month Period
Portfolio Pulse from Benzinga Newsdesk
Agiliti has announced a $50 million share repurchase plan to be executed over a 12-month period.
August 21, 2023 | 8:07 pm
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POSITIVE IMPACT
Agiliti's announcement of a $50 million share repurchase plan could potentially increase the stock's price.
Share repurchase plans are often seen as a sign of a company's confidence in its own stock. By reducing the number of shares available in the market, it can create upward pressure on the stock price. Therefore, this announcement could potentially increase Agiliti's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100