THOR Industries announced that on Friday, June 24, the Board of Directors of THOR Industries reaffirmed its authorization to company management to utilize up to $250 million to purchase shares of the company’s common stock through December 21, 2024, with $151,678,891.47 remaining on the authorization as of June 24, 2022 and authorized company management to utilize up to an additional $448,321,168.53 to purchase shares of the ompany’s common stock through July 31, 2025, bringing the total authorization to $600 million and extending the duration of the program by approximately seven months.
The company may purchase shares on a discretionary basis from time-to-time through open market purchases, privately negotiated transactions or other means. The timing and amount of any transactions will be at the company’s discretion subject to the market price of the stock, general market and economic conditions, cash availability, applicable legal requirements, and other growth investment opportunities.
