-+ 0.00%
-+ 0.00%
-+ 0.00%

Advanced Drainage Systems Authorizes New $1B Share Repurchase Program

Benzinga·02/05/2026 11:46:15
Listen to the news

Stock Repurchase Authorization

In the nine months ended December 31, 2025, the Company did not repurchase shares of its common stock. As of December 31, 2025, approximately $147.7 million of common stock may be repurchased under the Company's existing stock repurchase authorization.

Today, the Company announced a new $1 billion stock repurchase authorization for open market share repurchases, bringing the total existing stock repurchase authorization to $1.148 billion.