Trinseo’s Board of Directors Authorizes Stock Repurchase Program

On August 28, Trinseo (TSE) announced that its Board of Directors authorized a share repurchase program. Under the terms of the program, the company can repurchase up to $3.3 million worth of common stock over the next 90 days. Trinseo is a global materials solutions provider and manufacturer.

 

Sonal detected the event and issued an alert at 8:52 am. The stock opened for regular market trading at $31.15. The stock price moved higher throughout the event day, and the gains continued over the next four trading sessions. Trinseo closed at $35.34 on September 4 for a five-day gain of 13.45%.

Visit the Knowledge Center to learn more about trading share repurchases and buybacks.

To see the latest weekly webinar, you can visit our Live Webinar page.

Subscribe here if you would like to start receiving these signals in real-time and start trading!