CORRECTION: Watsco Did Not Report A $600M Buyback.
Portfolio Pulse from Benzinga Newsdesk
CORRECTION: Watsco did not report a $600M buyback.
July 30, 2024 | 5:25 pm
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NEGATIVE IMPACT
Watsco did not report a $600M buyback, correcting previous misinformation.
The correction indicates that the previously reported $600M buyback was incorrect. This could negatively impact Watsco's stock price in the short term as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100