Flir Systems announces repurchase of 3M shares of common stock FLIR Systems announced that it has acquired 3M shares of its common stock in a privately negotiated transaction at $18.55 per share. The transaction was completed pursuant to the company's existing share repurchase authorization, which permits the repurchase of shares in open market or privately negotiated transactions through February 9, 2013. After giving effect to the above referenced transaction, approximately 3.4M shares remain under this authorization.
News For FLIR From The Last 14 Days
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FLIR Systems upgraded at CRT Capital As previously reported, CRT Capital upgraded FLIR Systems to Buy from Fair Value. The firm views shares as attractive given strong cash flow generation, stabilizing government revenue, and solid commercial growth. Price target is $37.