Hillenbrand authorizes $300M stock buyback
- Hillenbrand (NYSE:HI) has announced a new share repurchase program to buyback up to $300M.
- The program commenced on December 2, 2021 and replaces the previous plan, under which the company had $50M of remaining authorization after completing $150M in share repurchases through November 15, 2021.
- Last week, the industrial firm declared a $0.2175 quarterly dividend
- HI +0.59% AH