Tranche Update on Trinity Industries, Inc.'s Equity Buyback Plan announced on October 21, 2020.
July 22, 2021 at 07:15 am EDT
Share
From April 1, 2021 to June 30, 2021, the company has repurchased 2,400,000 shares, representing 2.19% for $68.5 million. With this, the company has completed the repurchase of 6,666,782 shares, representing 5.96% for $173.07 million under the buyback announced on October 21, 2020.
Trinity Industries, Inc. is the owner of businesses that provide rail transportation products and services in North America. The Company markets its railcar products and services under the trade name TrinityRail. The TrinityRail platform provides railcar leasing and management services; railcar manufacturing, maintenance and modifications, and other railcar logistics products and services. Its segments include the Railcar Leasing and Management Services Group and the Rail Products Group. Its Railcar Leasing and Management Services Group owns and operates a fleet of railcars and provides third-party fleet leasing, management, administrative services, and other railcar logistics products and services. Its Rail Products Group manufactures and sells railcars and related parts and components and provides railcar maintenance and modification services. It operates in various markets including refined products and chemicals, energy, agriculture, construction and metals, and consumer products.
TRINITY INDUSTRIES, INC. 
