Alamo group inc. announces share repurchase program

Seguin, texas , oct. 31, 2024 /prnewswire/ -- alamo group inc. (nyse: alg) today announced that its board of directors has approved a share repurchase program under which the company is authorized to repurchase in the aggregate up to $50 million of its outstanding common stock. jeff leonard, alamo group's president and chief executive officer, stated "this share repurchase program is part of a disciplined capital allocation strategy that demonstrates our commitment to enhancing shareholder value.
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