Hyster-Yale Sets $50 Million Stock Buyback

Dow Jones

2024-11-18

By Colin Kellaher

Hyster-Yale's board has approved the repurchase of up to $50 million, or 1.5 million shares, of Class A common stock, whichever comes first.

The Cleveland maker of lift trucks on Monday said it currently has about 17.5 million common shares outstanding, including roughly 14.1 million Class A shares.

Hyster-Yale said the buyback authorization is good through in November 2027.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

November 18, 2024 06:48 ET (11:48 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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