Ascent Industries Co. (ACNT), Tuesday announced that it has expanded its stock repurchase program, authorizing the buyback of upto 1 million shares, about 10 percent of its outstanding stock, over the next 24 months.
Shares will be acquired at market prices using available capital. The program is flexible, with no obligation to repurchase a specific amount, and may be adjusted or discontinued as needed.
ACNT is currently trading at $11.25 up 1.17 percent or $1.13 on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.