American Vanguard Announces $15M Share Repurchase – Buyback Wednesdays
May 31, 2023
Key Insights:
American Vanguard Corporation (AVD) expects to more than double its EBITDA by 2025, making this company a possible growth story.
Recent insider purchases at AVD combined with a stock buyback announcement provide a double signal.
The company has gradually repurchased shares in recent years, implying this announcement is likely to translate into actual buybacks that reduce the share count.
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