Thor Industries Adopts $250M Share Buyback Program

Thor Industries Inc THO Board of Directors has authorized the repurchase of up to $250 million of its common stock.
The company may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions, or other means.
The repurchase authorization will expire on December 21, 2024.
Thor held $339.3 million in cash and equivalents as of October 31, 2021.
Price Action: THO shares closed higher by 1.51% at $95.00 on Tuesday.