Altra Industrial Motion Corp. announces an Equity Buyback for $300 million worth of its shares.

Altra Industrial Motion Corp. (NasdaqGS:AIMC) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of its shares.

The shares repurchased will be held as treasury shares and may be used for general corporate purposes. The program will expire on December 31, 2024.