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Stock Market & Financial Investment News

News Breaks
October 29, 2012
15:59 EDTKAIKadant announces $20M share repurchase program
Kadant announced today that its board of directors has authorized the repurchase of up to $20M of its equity securities effective November 7, 2012 through November 7, 2013. Through October 29, under the existing $30M authorization that will expire on November 6, 2012, the company has repurchased 669,725 shares of its common stock for an aggregate purchase price of approximately $14.6M.
News For KAI From The Last 14 Days
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January 29, 2016
10:36 EDTKAIKadant awarded $7M in orders for fiber processing systems
Kadant announced it received orders totaling $7M from two paper producers in North America for chemical pulping equipment and a recycled fiber processing line. The chemical pulping equipment will be used to recover chemicals in the kraft pulping process and the recycled fiber processing system for the production of linerboard. The orders were booked in the fourth quarter of 2015 and are expected to ship in 2016.
January 28, 2016
13:25 EDTKAIJPMorgan reports 5.1% passive stake in Kadant

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