Tranche Update on Zurn Elkay Water Solutions Corporation's Equity Buyback Plan announced on February 9, 2015.
February 06, 2024 at 04:16 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 848,806 shares, representing 0.49% for $25 million. With this, the company has completed the repurchase of 13,232,164 shares, representing 9.61% for $350.62 million under the buyback announced on February 9, 2015.
Zurn Elkay Water Solutions Corp is a pure-play water management company. The Company designs, procures, manufactures, and markets a sustainable product portfolio of specification-driven water management solutions to improve health, human safety and the environment. The Company's product portfolio includes professional grade water safety and control products, flow system products, hygienic and environmental products, and filtered drinking water products for public and private spaces. Its products are marketed and sold under various brand names, including Zurn, Elkay, Wilkins, Green Turtle, World Dryer, StainlessDrains.com, JUST, Hadrian, Wade, and Halsey Taylor. It serves various range of institutional and commercial end markets, and waterworks and residential end markets. The institutional construction end users include education, healthcare, and government segments. The commercial construction end users include retail, office, lodging, dining, warehouse, and sports arena segments.