The Eastern Company Announces Program to Repurchase Up To 200,000 Shares By August 20, 2028
Portfolio Pulse from Benzinga Newsdesk
The Eastern Company has announced a program to repurchase up to 200,000 shares by August 20, 2028.

August 21, 2023 | 8:32 pm
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POSITIVE IMPACT
The Eastern Company's announcement of a share repurchase program could potentially increase the stock's value.
Share repurchase programs are often seen as a sign of a company's confidence in its own stock, which can lead to increased investor confidence and potentially a rise in stock price. However, the impact may not be immediate as the program is set to complete by 2028.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100