AZZ Inc. (AZZ) said Monday it has resumed repurchases under its existing $100 million stock buyback program.
The industrial coating company said it has also entered into a plan with a third-party broker to allow it to repurchase shares at times when it might be barred under insider trading laws.
The company said that it has so far bought back around $46.8 million worth of shares, leaving with a balance of $53.2 million available under the program.
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