Exco Technologies Limited reports recurring developments tied to its role as a global supplier of technologies for the die-cast, extrusion and automotive industries. Company updates focus on quarterly and annual sales, net income, EBITDA, earnings per share, free cash flow, eligible dividends and the performance of its Automotive Solutions and Casting and Extrusion activities.
News also covers new program launches, vehicle-mix effects, large mould and additive tooling demand, restructuring actions, facility rationalization, automation and efficiency initiatives, and shareholder meeting voting results. These disclosures connect Exco's industrial manufacturing operations with customer demand, operating costs, foreign exchange effects and capital returns.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Exco Technologies Limited (TSX – XTC, OTCQX-EXCOF) announced it will release its financial results for the second quarter ending March 31, 2023, on April 27, 2023, after market close. Following the results, management will hold a conference call on April 28, 2023, at 10:00 a.m. to discuss the performance. Interested parties can access the live audio webcast on the company's website. An archived version of the call will be available until May 15, 2023. Exco Technologies is a global supplier serving the die-cast, extrusion, and automotive industries, operating across 20 locations in 9 countries with approximately 5,000 employees.
Exco Technologies Limited (OTCQX: EXCOF) announced the approval of a normal course issuer bid (NCIB) by the Toronto Stock Exchange. The company plans to repurchase up to 1,785,000 common shares from February 20, 2023, to February 19, 2024, representing 10% of its public float of 17,850,596 shares. With an average daily trading volume of 20,018 shares, Exco can repurchase a maximum of 5,005 shares per trading day. The repurchase is aimed at enhancing shareholder value, as the Board believes the market may not reflect the company's true value. Exco has previously repurchased 185,033 shares at an average price of $8.62.