Astec Industries: Falls as co indicates delay in filing form 10-K

Astec Industries

03/03/2020 20:58

** Shares of road construction equipment maker  ASTE.O  down
1.6% at $38.74 
    ** Says identified certain material weaknesses in its
internal control over financial reporting, expects to file 2019
form 10-K on or before March 17
    ** Needs additional time to complete compilation of
information and finalization of assessment of effectiveness of
internal control over financial reporting, co says in a
regulatory filing https://www.sec.gov/Archives/edgar/data/792987/000079298720000005/nt10k-123119.htm
    ** Stock down ~8% so far this year 

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com; +1 646 223 8780 Ext:
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