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By The Online Investor Staff, updated Fri., Sep. 30, 11:09 AM

Slide #2. Kimball Electronics, Inc.

Company: Kimball Electronics, Inc. (NASDAQ:KE)
$Amount Authorized: $40,000,000
Buyback Details: Kimball Electronics, Inc. (NASDAQ:KE), (the "Company"), today announced that the Board of Directors (the "Board") of Kimball Electronics, Inc., at a September 29, 2016 meeting, authorized an extension of the current stock repurchase plan ("Plan") that was authorized in October 2015, allowing a repurchase of up to an additional $20 million worth of common stock of the Company. The extension brings the total amount of authorized share repurchases under the plan to $40 million. The Plan may be suspended or discontinued at any time.

Kimball Electronics is a provider of engineering, manufacturing, and supply chain services to customers in the automotive, medical, industrial, and public safety end markets. Co.'s services are sold on a contract basis. Co.'s engineering, manufacturing, and supply chain services include: design services; prototyping and new product introduction support; production and testing of printed circuit board assemblies; industrialization and automation of manufacturing processes; product design and process validation and qualification; realiability testing; assembly, production, and packaging of other related non-electronic products; supply chain services; and product life cycle management.

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Company Name:  Kimball Electronics Inc
Stock buyback:  KE buyback
Website:  www.kimballelectronics.com
Sector:  Business Services & Equipment
Number of ETFs Holding KE:  16
Total Market Value Held by ETFs:  $12.23M
Total Market Capitalization:  $378.00M
% of Market Cap. Held by ETFs:  3.24%
 

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September 30, 2016    11:09 AM Eastern
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Strong Buy (4.00 out of 4)
99th percentile
(ranked higher than approx. 99% of all stocks covered)
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