Tranche Update on Napco Security Technologies, Inc.'s Equity Buyback Plan announced on December 26, 2018.
September 08, 2023 at 12:32 pm EDT
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From April 1, 2023 to June 30, 2023, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 419,360 shares, representing 1.13% for $3.46 million under the buyback announced on December 26, 2018.
Napco Security Technologies, Inc. (NAPCO) manufactures and designs electronic security devices, cellular communication services and school safety solutions. The Company offers a diversified array of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. The products are used by commercial, residential, institutional, industrial and governmental applications, and are sold worldwide to independent distributors, dealers and installers of security equipment. NAPCO manufactures and markets various products for alarm systems, which include automatic communicators, control panels, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors. It also manufactures a variety of door locking devices, including microprocessor-based electronic door locks with push button, card reader and bio-metric operation, door alarms, door locks and bolt locks.