AdvanSix Expects Capital Expenditures Of $140M-$150M in 2024
Portfolio Pulse from Benzinga Newsdesk
AdvanSix announced its expectation for capital expenditures to range between $140M-$150M in 2024, indicating a significant investment in its operations or expansion.
February 16, 2024 | 11:35 am
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AdvanSix plans to significantly invest in its operations or expansion with capital expenditures expected to be between $140M-$150M in 2024.
The announcement of substantial capital expenditures by AdvanSix suggests a strong commitment to growth or expansion, which could positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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