{"id":786095,"date":"2022-05-13T08:02:43","date_gmt":"2022-05-13T06:02:43","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/"},"modified":"2023-07-10T19:55:58","modified_gmt":"2023-07-10T17:55:58","slug":"the-azek-company-announces-50-million-accelerated-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/","title":{"rendered":"The AZEK Company Announces $50 Million Accelerated Share Repurchase Program"},"content":{"rendered":"CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) (\u201cAZEK\u201d or the \u201cCompany\u201d), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech\u00ae decking, Versatex\u00ae and AZEK Trim\u00ae, and StruXure\u2122 pergolas, today announced it has entered into an accelerated share repurchase agreement (\u201cASR\u201d) with JPMorgan Chase Bank, National Association (\u201cJPMorgan\u201d) to repurchase $50 million of the Company\u2019s Class A common stock.\n\n\n\nThe Company is funding the share repurchases under the ASR with existing cash resources. Under the terms of the ASR, the Company will receive an initial delivery of approximately 2.4 million shares of Class A common stock f<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>CHICAGO&#8211;(BUSINESS WIRE)&#8211;The AZEK Company Inc. (NYSE: AZEK) (\u201cAZEK\u201d or the \u201cCompany\u201d), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech\u00ae decking, Versatex\u00ae and AZEK Trim\u00ae, and StruXure\u2122 pergolas, today announced it has entered into an accelerated share repurchase agreement (\u201cASR\u201d) with JPMorgan Chase Bank, National Association (\u201cJPMorgan\u201d) to repurchase $50 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-786095","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The AZEK Company Announces $50 Million Accelerated Share Repurchase Program - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The AZEK Company Announces $50 Million Accelerated Share Repurchase Program - BeBeez\" \/>\n<meta property=\"og:description\" content=\"CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) (\u201cAZEK\u201d or the \u201cCompany\u201d), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech\u00ae decking, Versatex\u00ae and AZEK Trim\u00ae, and StruXure\u2122 pergolas, today announced it has entered into an accelerated share repurchase agreement (\u201cASR\u201d) with JPMorgan Chase Bank, National Association (\u201cJPMorgan\u201d) to repurchase $50 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/\" \/>\n<meta property=\"og:site_name\" content=\"BeBeez\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-13T06:02:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-10T17:55:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bebeez.it\/wp-content\/uploads\/2019\/10\/be-beez-logo-x2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"683\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"olomaster\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"olomaster\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/\"},\"author\":{\"name\":\"olomaster\",\"@id\":\"https:\/\/15.161.165.86\/#\/schema\/person\/f3523ef027b0af56aa28725439cc9518\"},\"headline\":\"The AZEK Company Announces $50 Million Accelerated Share Repurchase Program\",\"datePublished\":\"2022-05-13T06:02:43+00:00\",\"dateModified\":\"2023-07-10T17:55:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/\"},\"wordCount\":728,\"publisher\":{\"@id\":\"https:\/\/15.161.165.86\/#organization\"},\"articleSection\":[\"Real Estate in Asia Pacific\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/\",\"url\":\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/the-azek-company-announces-50-million-accelerated-share-repurchase-program\/\",\"name\":\"The AZEK Company Announces $50 Million Accelerated Share Repurchase Program - 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