Brady Corporation (NYSE:BRC) is looking for acquisitions. Aaron Pearce, Chief Financial Officer & Treasurer said, "As for capital allocation, we don't foresee any major changes in our strategy. We'll keep investing in our organic business.
Yesterday, we announced our quarterly dividend, and we'll be opportunistic with buybacks while looking for acquisitions where the price is right and the strategic fit is clear. We have a strong balance sheet, and we'll use it as a tool to drive long-term shareholder value".