Energizer Holdings Inc. Buyback
OLI recorded this information on 8/11/2021
Company: |
Energizer Holdings Inc. |
Buyback: |
ENR buyback |
$Amount Authorized: |
$75,000,000 |
Buyback Details: |
Energizer Holdings Inc. (NYSE: ENR) (the "Company") announced today it has entered into an agreement to repurchase an aggregate of $75 million of its common stock in an accelerated share repurchase ("ASR") program with JPMorgan Chase, National Association ("JPM"). This equates to approximately 1.9 million shares, at the closing price on August 10, 2021, and represents approximately 2.6% of Energizer's fully diluted outstanding stock(1). The Company is expected to fund the ASR program using available cash on hand and revolver borrowings. The Company will repurchase shares under the ASR Program as part of its existing 7.5 million share repurchase authorization, which was approved by its Board of Directors in November 2020. |
Energizer Holdings is a manufacturer, marketer and distributor of household batteries including primary, rechargeable, specialty and hearing aid using several technologies including lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide. In addition, Co. provides auto care products in the appearance, fragrance, performance, and air conditioning recharge product categories. The appearance and fragrance categories include protectants, wipes, tire and wheel care products, glass cleaners, leather care products, air fresheners and washes designed to clean, shine, refresh, disinfect and protect interior and exterior automobile surfaces.
ENR SEC Filing Email Alerts Service
Preferred: ENR.PRA
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Company Name: |
Energizer Holdings Inc (New) |
Stock buyback: |
ENR buyback |
Website: |
www.energizerholdings.com |
Sector: |
Consumer Goods |
Number of ETFs Holding ENR: |
62 |
Total Market Value Held by ETFs: |
$495.12M |
Total Market Capitalization: |
$2.08B |
% of Market Cap. Held by ETFs: |
23.85% |
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