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)
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