Tranche Update on Vishay Precision Group, Inc.'s Equity Buyback Plan announced on August 8, 2022.
February 14, 2024 at 08:33 am EST
Share
From October 1, 2023 to December 31, 2023, the company has repurchased 149,807 shares, representing 1.11% for $4.7 million. With this, the company has completed the repurchase of 270,226 shares, representing 1.99% for $8.63 million under the buyback announced on August 8, 2022.
Vishay Precision Group, Inc. is a global, diversified company focused on precision measurement and sensing technologies, including specialized sensors, weighing solutions, and measurement systems. The Company operates through three segments: Sensors, Weighing Solutions, and Measurement Systems. Its Sensors reporting segment is comprised of the foil resistor and strain gage operating segments. Its foil resistors are marketed under VFR, Alpha Electronics, Powertron and APR brands. The Weighing Solutions segment is comprised of its VPG Transducers, VPG Onboard Weighing, BLH Nobel, Stress-Tek, Celtron and Vulcan businesses. The Weighing Solutions segment includes specialized modules and systems used to precisely measure weight, force torque, and pressure. The Measurement Systems segment is comprised of highly specialized systems for steel production, materials development, and safety testing. This segment is comprised of its KELK, DSI, Pacific Instruments, and its DTS businesses.