Tranche Update on Somero Enterprises, Inc.'s Equity Buyback Plan announced on September 9, 2020.
March 10, 2021 at 02:00 am EST
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From August 1, 2020 to December 31, 2020, the company has repurchased 268,013 shares, representing 0.48% for $0.95 million. With this, the company has completed the repurchase of 268,013 shares, representing 0.48% for $0.95 million under the buyback announced on September 9, 2020.
Somero Enterprises, Inc. designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring and placing equipment, related parts and accessories, and training services around the world. Its products are machinery used in the process of horizontal concrete placement. Its product categories include Lightweight Screeds, Ride-on Laser Concrete Screeds, Boom Screeds, Skyline Stationary Laser Screeds, Materials Placement, and Software Packages. Its Lightweight Screeds include Mini Screed C and CopperHead XD 3.0. Its Ride-on Laser Concrete Screeds consist of S-485 Laser Screed and S-940 Laser Screed. Its Boom Screeds include S-28EZ Laser Screed, S-PS50 Laser Screed, and others. Its Skyline Stationary Laser Screeds consist of SkyScreed 36 (SkyStrip). Its Materials Placement includes Broom + Cure Machine, Somero LineDragon, and STS-11M Topping Spreader. Its software packaging includes 3-D Concrete Profiler System, SiteShape System, and Somero Floor Levelness System.
SOMERO ENTERPRISES, INC. 
