Shares of aluminum frame windows and doors maker PGT Innovations, Inc. (PGTI) are rising more than 5% Tuesday morning after the company announced share buyback of up to $250 million through February 3, 2026.
"With our strong balance sheet and cash flow, we have the ability to invest in innovation and grow our business, while taking this action to return capital to shareholders," said Jeff Jackson, CEO.
PGTI, currently at $23.45, has traded in the range of $15.42-$23.89 in the last 1 year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.