Kadant Authorizes $50 Million Share Repurchase Program; Maintains Quarterly Dividend

MT Newswires Live

2025/05/16

Kadant (KAI) said late Thursday its board authorized the repurchase of $50 million of equity securities through May 15, 2026.

The company said it has not repurchased any common shares under the $50 million program expiring on Friday.

Separately, the company maintained its quarterly dividend at $0.34 per share, payable August 7 to holders of record July 10.

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