Tranche Update on Simpson Manufacturing Co., Inc.'s Equity Buyback Plan announced on February 7, 2022.
July 25, 2022 at 04:20 pm EDT
Share
From April 1, 2022 to June 30, 2022, the company has repurchased 260,285 shares, representing 0.6% for $25 million. With this, the company has completed the repurchase of 455,030 shares, representing 1.05% for $46.67 million under the buyback announced on February 7, 2022.
Simpson Manufacturing Co., Inc., through its subsidiary, Simpson Strong-Tie Company Inc. designs, engineers and manufactures structural solutions for wood, concrete, and steel connections. Its wood construction products include connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products. Its wood construction products are used in light-frame building applications. Its concrete construction products include adhesives, chemicals, mechanical anchors, carbide drill bits, fiber reinforced materials and other repair products used for protection and strengthening structures. Its concrete construction products are used in concrete, masonry and steel construction. It markets its products to the residential construction, light industrial and commercial construction, remodeling and do-it-yourself markets. It also operates as designer and manufacturer and distributor of fixing and fastening solutions for the European building and construction market.
SIMPSON MANUFACTURING CO., INC. 
