Nordson activates previously authorized share repurchase program Nordson Corporation announced that it is activating its existing stock repurchase plan, authorized by Nordsonís Board of Directors in March 2012. Approximately $85M remains available for repurchasing the companyís common shares under the planís total authorization of $100M.
News For NDSN From The Last 14 Days
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Nordson downgraded to Market Perform from Outperform at BMO Capital BMO Capital downgraded Nordson citing weak Q3 guidance and valuation. Price target lowered to $72 from $74. Note that Oppenheimer also downgraded shares this morning.