Valmont announces $120 million accelerated share repurchase

Omaha, neb.--(business wire)--valmont® industries, inc. (nyse: vmi), a global leader that provides vital infrastructure and advances agricultural productivity while driving innovation through technology, today announced it has entered into an accelerated share repurchase agreement (“asr”) with citibank, n.a. to repurchase $120 million of the company's common stock. the asr is entered into under valmont's previously announced share repurchase program. president and chief executive officer avner.
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