American Vanguard Announces Share Repurchase Program
30 Août 2021 - 3:00PM
Business Wire
American Vanguard Corporation (NYSE: AVD) today announced that
the Company’s Board of Directors has approved a program for
repurchasing up to 300,000 shares of common stock within the
requirements of Exchange Act Rule 10b-18 over the next six months.
Eric Wintemute, Chairman and CEO of American Vanguard, stated,
“This repurchasing program will help to offset the expansion of
outstanding shares arising from equity awards made to the company’s
employees. We believe that equity awards help to align the
interests of our workforce with those of our shareholders, enable
our employees to share in the company’s long-term success and help
to retain personnel, particularly in competitive employment
markets. The authorization to repurchase shares further reflects
the strong degree of confidence that our board of directors has in
the strategic growth initiatives that are transforming AVD,
including new technologies in Green Solutions and precision
application.”
About American Vanguard American Vanguard Corporation is
a diversified specialty and agricultural products company that
develops and markets products for crop protection and management,
turf and ornamentals management and public and animal health.
American Vanguard is included on the Russell 2000® and Russell
3000® Indexes and the Standard & Poor’s Small Cap 600 Index. To
learn more about American Vanguard, please reference the Company’s
web site at www.american-vanguard.com.
The Company, from time to time, may discuss forward-looking
information. Except for the historical information contained in
this release, all forward-looking statements are estimates by the
Company’s management and are subject to various risks and
uncertainties that may cause results to differ from management’s
current expectations. Such factors include weather conditions,
changes in regulatory policy, the coronavirus pandemic, and other
risks as detailed from time-to-time in the Company’s SEC reports
and filings. All forward-looking statements, if any, in this
release represent the Company’s judgment as of the date of this
release.
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version on businesswire.com: https://www.businesswire.com/news/home/20210830005189/en/
Company Contact: American Vanguard Corporation William A. Kuser,
Director of Investor Relations (949) 260-1200
williamk@amvac.com
Investor Representative the Equity Group Inc.
www.theequitygroup.com Lena Cati Lcati@equityny.com
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