Kennametal announces fiscal 2024 second quarter results and additional $200 million share repurchase program

Earnings per diluted share (eps) of $0.29 compared to $0.27 in the prior year quarter strong ytd cash from operations of $88 million compared to $53 million in the prior year; highest first-half cash generated from operations since fiscal 2016 returned approximately $31 million to shareholders; $15 million in share repurchases and $16 million in dividends announces additional share repurchase program of up to $200 million over three years pittsburgh , feb. 7, 2024 /prnewswire/ -- kennametal inc. (nyse: kmt) (the "company") today reported results for its fiscal 2024 second quarter ended december 31, 2023, with sales of $495 million, compared to $497 million in the prior year quarter, and earnings per diluted share (eps) of $0.29, compared with $0.27 in the prior year quarter. adjusted eps was $0.30 in the current quarter, whereas eps was not adjusted in the prior year quarter.
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