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By The Online Investor Staff, updated Sun., Aug. 2, 8:25 PM

Slide #2. Griffon Corporation

Company: Griffon Corporation (NYSE:GFF)
$Amount Authorized: $50,000,000
Buyback Details: The Board of Directors of Griffon Corporation (NYSE:GFF) (the "Company" or "Griffon") authorized the repurchase of an additional $50 million of Griffon's outstanding common stock. Prior to this authorization and after giving effect to the purchase of 630,185 shares for a total of $10.1 million in the current quarter through and including July 29, 2015, $21.6 million was available from the March 2015 authorization. Accordingly, Griffon now has a total of $71.6 million available for the purchase of its shares of common stock.

Griffon is a holding company. Co. has three segments: Home & Building Products (HBP), Telephonics Corporation (Telephonics), and Clopay Plastic Products Company (Plastics). HBP provides non-powered landscaping products for homeowners and professionals, and manufacturers and markets residential, commercial and industrial garage doors. Telephonics designs, develops and manufactures integrated information, communication and sensor system solutions for military and commercial markets worldwide. Plastics are engaged in the development and production of embossed, laminated and printed specialty plastic films used in a variety of hygienic, health-care and industrial applications.
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Company Name:  Griffon Corp.
Stock buyback:  GFF buyback
Sector:  Metals Fabrication & Products
Number of ETFs Holding GFF:  37
Total Market Value Held by ETFs:  $45.91M
Total Market Capitalization:  $813.00M
% of Market Cap. Held by ETFs:  5.65%

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August 2, 2015    8:25 PM Eastern
Quotes delayed 20 minutes

Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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