Trinity Industries, Inc. announces an Equity Buyback for $250 million worth of its shares.
December 08, 2022 at 04:15 pm EST
Share
Trinity Industries, Inc. (NYSE:TRN) announces a share repurchase program. Under the program, the company will repurchase up to $250 million worth of its common stock. The program has no expiration date.
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. 
