Tranche Update on Nordson Corporation's Equity Buyback Plan announced on December 1, 2014.
December 17, 2021 at 01:41 pm EST
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From August 1, 2021 to October 31, 2021, the company has repurchased 59,319 shares, representing 0.1% for $13.99 million. With this, the company has completed the repurchase of 7,223,103 shares, representing 12.05% for $621.43 million under the buyback announced on December 1, 2014.
Nordson Corporation specializes in the design, manufacture and marketing of equipment and systems for the precision dispensing, application and control of adhesives, coatings, polymers, sealants and biomaterials. Net sales break down by business area as follows:
- industry and consumer durable and non-durable (52.9%): precision systems and accessories for the application of adhesives, coatings, paints, finishes, sealants and other surface treatment materials (applicators, automated spray guns, etc.);
- electronics, medical industry and high technology (47.1%): Surface treatment, controlled material and fluid dispensing, testing and post-dispensing inspection systems used in production processes (coating application and inspection equipment, mixers, syringes, cartridges, nozzles, fittings and connectors, tubes, balloons, catheters, acoustic and optical inspection systems, bond testers, curing modules, dryers, extrusion systems, cartridge filling systems, micromaterial testing systems, etc. ).
At the end of October 2023, the group has 42 manufacturing sites worldwide.
Net sales are distributed geographically as follows: America (43.7%), Asia/Pacific (30.3%) and Europe (26%).
NORDSON CORPORATION 
