Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Nordson Corporation    NDSN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Nordson Corporation : Activates Previously Authorized Share Repurchase Program

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/27/2013 | 03:05pm CEST

Nordson Corporation (Nasdaq: NDSN) today announced that it is activating its existing stock repurchase plan, authorized by Nordson's Board of Directors in March 2012. Approximately $85 million remains available for repurchasing the company's common shares under the plan's total authorization of $100 million.

"Our announcement today reflects continued confidence in the long-term strength of our company and our ongoing commitment to creating shareholder value," said Nordson President and CEO Michael F. Hilton. "Nordson continues to generate strong cash flow which enables us to be disciplined yet opportunistic in repurchasing shares while also ensuring the proper balance between organic, strategic and continuous improvement initiatives."

Expected uses for repurchased shares include, but are not limited to, funding benefit programs including stock options, restricted stock and 401(k) matching. Shares repurchased will be treated as treasury shares until used for such purposes.

Shares may be purchased from time to time at prevailing prices, subject to market conditions, share price and other considerations. Purchases will be made on the open market pursuant to the applicable Securities Exchange Act Rules and will be funded from operating cash flows.

Nordson Corporation delivers precision technology solutions that help customers succeed worldwide. The company engineers, manufactures and markets differentiated products and systems used for precision dispensing of adhesives, coatings, sealants, biomaterials, fluids and other materials, plastic extrusion and injection molding, electronics testing and inspecting, and surface preparation, all supported by application expertise and direct global sales and service. Nordson serves a wide variety of consumer non-durable, durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 30 countries. Visit Nordson on the web at www.nordson.com, http://www.twitter.com/Nordson_Corp or www.facebook.com/nordson.

Nordson Corporation
James R. Jaye, 440-414-5639
Director, Communications & Investor Relations
[email protected]


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NORDSON CORPORATION
06/21 NORDSON : SEALANT EQUIPMENT Introduces a Comprehensive New Range of Products Tha..
06/21 NORDSON : U.S. Patents Awarded to Inventors in Minnesota (June 21)
06/21 NORDSON : Chuck Ganzer Awarded Nordson's Fellowship of Distinguished Inventors A..
06/20 NORDSON : Fellowship of Distinguished Inventors Award
06/19 NORDSON : receives Plastpol Poland Innovation Award for Xaloy MPX Wear Coating T..
06/18 NORDSON : receives Plastpol Poland Innovation Award for Xaloy® MPX™ Wear C..
06/15 NORDSON : Patent Issued for Pneumatically Actuated Liquid Dispensing Valve (USPT..
06/15 NORDSON : SolderPlus Dispensing Paste from Nordson EFD Provides a More Reliable,..
06/09 NORDSON : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULT..
06/09 NORDSON CORPORATION : Earnings Highlights and Review: Organic Volume Growth and ..
More news
Sector news : Industrial Machinery
06/22 Health stocks help European equities cut losses
06/02DJMARCUS WALLENBERG : Sandvik Sells Processing Business For $576 Million to Wallen..
06/01 SoftBank invests in industrial software firm OSIsoft
05/26 SPIRAX SARCO ENGINEERING : Sarco to buy thermal tech firm Chromalox for $415 mil..
05/15 SANDVIK : says not expecting major financial impact from cyber attack
More sector news : Industrial Machinery
News from SeekingAlpha
06/16 DIVIDEND CHAMPIONS : 12 Increases Expected By August 31
05/23 Nordson's (NDSN) CEO Michael Hilton on Q2 2017 Results - Earnings Call Transc..
05/22 Nordson beats by $0.04, beats on revenue
05/21 Notable earnings after Monday?s close
05/16 Nordson declares $0.27 dividend
Advertisement
Financials ($)
Sales 2017 2 039 M
EBIT 2017 466 M
Net income 2017 302 M
Debt 2017 984 M
Yield 2017 0,91%
P/E ratio 2017 22,99
P/E ratio 2018 21,13
EV / Sales 2017 3,88x
EV / Sales 2018 3,54x
Capitalization 6 923 M
More Financials
Chart NORDSON CORPORATION
Duration : Period :
Nordson Corporation Technical Analysis Chart | NDSN | US6556631025 | 4-Traders
Full-screen chart
Technical analysis trends NORDSON CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 139 $
Spread / Average Target 15%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Michael F. Hilton President, Chief Executive Officer & Director
Joseph P. Keithley Chairman
Gregory A. Thaxton CFO, Principal Accounting Officer & Senior VP
Mary G. Puma Independent Director
Michael J. Merriman Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
NORDSON CORPORATION7.20%6 923
MSC INDUSTRIAL DIRECT ..-8.64%4 806
HAITIAN INTERNATIONAL ..36.84%4 318
KRONES AG20.48%3 693
IMA INDUSTRIA MACCHINE..46.35%3 660
HARMONIC DRIVE SYSTEMS..34.58%3 375
More Results