Tranche Update on Omega Flex, Inc.'s Equity Buyback Plan announced on September 12, 2007.
March 08, 2021 at 12:03 pm EST
Share
From October 1, 2020 to December 31, 2020, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 61,811 shares, representing 0.61% for $0.93 million under the buyback announced on September 12, 2007.
Omega Flex, Inc. is a manufacturer of flexible metal hoses. The Companyâs flexible metal hose is used in a variety of applications to carry gases and liquids within their particular applications. These applications include carrying fuel gases within residential and commercial buildings; gasoline and diesel gasoline products (both above and below the ground) in a double containment piping to contain any possible leaks, which is used in automotive and marina refueling, and fueling for back-up generation; and medical gases in health care facilities. The Company's flexible gas piping products are sold under TracPipe and CounterStrike trademarks. Its products also include MediTrac corrugated medical gas tubing, DoubleTrac double-containment piping, and DEF-Trac flexible piping. The Company primarily sells its products through distributors, wholesalers and to original equipment manufacturers (OEMs) throughout North America and Europe, and other global markets.