Tranche Update on Brunswick Corporation (NYSE:BC)'s Equity Buyback Plan announced on May 8, 2019.
August 02, 2021 at 07:31 am EDT
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From April 4, 2021 to July 3, 2021, the company has repurchased 394,523 shares, representing 0.51% for $40 million. With this, the company has completed the repurchase of 9,578,340 shares, representing 11.56% for $539.36 million under the buyback announced on May 8, 2019.
Brunswick Corporation designs, manufactures and markets recreational marine products, including marine propulsion products and boats, as well as parts and accessories for the marine and RV markets. Its segments include Propulsion, Engine Parts and Accessories (Engine P&A), Navico Group and Boat. The Propulsion segment designs, manufactures and sells engines, controls, rigging, and propellers globally. The Engine P&A segment sells products such as engine parts and consumables including oils and lubricants, electrical products, boat parts and systems, and also includes its marine parts and accessories distribution businesses. The Navico Group segment designs, develops, manufactures, and markets products and systems for the marine and RV, specialty vehicle markets. The Boat segment consists of the Brunswick Boat Group (Boat Group), which manufactures and distributes recreational boats, and Business Acceleration. Its boat brands include Boston Whaler, Lund, Sea Ray and Bayliner.
BRUNSWICK CORPORATION 
