Brief: Stoneridge Initiates $50 Million Accelerated Share Repurchase

Stoneridge

07/05/2019 22:56

May 7 (Reuters) - Stoneridge Inc  SRI.N :
    * STONERIDGE INITIATES $50 MILLION ACCELERATED SHARE
REPURCHASE
    * STONERIDGE INC - ENTERED INTO AN ACCELERATED SHARE
REPURCHASE
AGREEMENT WITH CITIBANK N.A.
    * STONERIDGE INC - AGREEMENT WAS ENTERED PURSUANT TO
COMPANY'S
PREVIOUSLY ANNOUNCED $50 MILLION SHARE REPURCHASE PROGRAM ON
OCTOBER 28, 2018
    * STONERIDGE INC - WILL INITIALLY RECEIVE APPROXIMATELY 1.35
MILLION COMMON SHARES

Source text for Eikon:  ID:nPn797fTBa 
Further company coverage:  SRI.N 

 ((Reuters.Briefs@thomsonreuters.com;))