{"id":760472,"date":"2023-05-25T08:51:18","date_gmt":"2023-05-25T12:51:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-corporation-announces-share-repurchase-program\/"},"modified":"2023-05-25T08:51:18","modified_gmt":"2023-05-25T12:51:18","slug":"american-vanguard-corporation-announces-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-corporation-announces-share-repurchase-program\/","title":{"rendered":"American Vanguard Corporation Announces Share Repurchase Program"},"content":{"rendered":"

<\/p>\n

American Vanguard Corporation Announces Share Repurchase Program<\/b><\/p>\n

NEWPORT BEACH, Calif.–(BUSINESS WIRE<\/a>)–
\nAmerican Vanguard Corporation (NYSE: AVD) today announced that the Company\u2019s Board of Directors has approved a program for repurchasing up to $15 million of common stock within the requirements of Exchange Act Rule 10b-18 over the next twelve months. It is expected that this program will commence during the first week of June 2023.<\/p>\n

\nEric Wintemute, Chairman and CEO of American Vanguard, stated, \u201cThis authorization to repurchase shares reflects the strong degree of confidence that our Board of Directors has in the strength of AVD\u2019s core business, as well as our strategic growth initiatives. New biological crop protection and nutrition products in the Green Solutions portfolio and SIMPAS\/Ultimus prescription application technologies for enhanced agricultural productivity and environmental sustainability are fundamentally transforming AVD into a technology-driven enterprise. In the collective interest of all shareholders, management and the Board believe that it is beneficial to take appropriate opportunities to acquire outstanding shares that we feel are undervalued to the expected success of the company in coming years.\u201d<\/p>\n

About American Vanguard<\/b><\/p>\n

\nAmerican Vanguard Corporation is a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamentals management, commercial and consumer pest control. American Vanguard is included on the Russell 2000\u00ae & Russell 3000\u00ae Indexes and the Standard & Poors Small Cap 600 Index. To learn more about American Vanguard, please reference the Company\u2019s web site at www.american-vanguard.com<\/a>.<\/p>\n

\nThe Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company\u2019s management and are subject to various risks and uncertainties that may cause results to differ from management\u2019s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed from time-to-time in the Company\u2019s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company\u2019s judgment as of the date of this release.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230525005339\/en\/<\/a><\/span><\/p>\n

Company Contacts:
\n<\/b>
American Vanguard Corporation
\n
William A. Kuser, Director of Investor Relations
\n
(949) 260-1200
\n
williamk@amvac.com<\/a><\/p>\n

Investor Representative
\n<\/b>
The Equity Group Inc.
\n
www.theequitygroup.com
\n<\/a>
Lena Cati (212) 836-9611
\n
Lcati@equityny.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Agriculture Professional Services Natural Resources Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

American Vanguard Corporation Announces Share Repurchase Program NEWPORT BEACH, Calif.–(BUSINESS WIRE)– American Vanguard Corporation (NYSE: AVD) today announced that the Company\u2019s Board of Directors has approved a program for repurchasing up to $15 million of common stock within the requirements of Exchange Act Rule 10b-18 over the next twelve months. It is expected that this program will commence during the first week of June 2023. Eric Wintemute, Chairman and CEO of American Vanguard, stated, \u201cThis authorization to repurchase shares reflects the strong degree of confidence that our Board of Directors has in the strength of AVD\u2019s core business, as well as our strategic growth initiatives. New biological crop protection and nutrition products in the Green Solutions portfolio and SIMPAS\/Ultimus prescription … <\/p>\n

Continue reading “American Vanguard Corporation Announces Share Repurchase Program”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760472","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAmerican Vanguard Corporation Announces Share Repurchase Program - Market Newsdesk<\/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:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-corporation-announces-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Vanguard Corporation Announces Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"American Vanguard Corporation Announces Share Repurchase Program NEWPORT BEACH, Calif.–(BUSINESS WIRE)– American Vanguard Corporation (NYSE: AVD) today announced that the Company\u2019s Board of Directors has approved a program for repurchasing up to $15 million of common stock within the requirements of Exchange Act Rule 10b-18 over the next twelve months. It is expected that this program will commence during the first week of June 2023. Eric Wintemute, Chairman and CEO of American Vanguard, stated, \u201cThis authorization to repurchase shares reflects the strong degree of confidence that our Board of Directors has in the strength of AVD\u2019s core business, as well as our strategic growth initiatives. 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