TriMas Corp. (TRS), Friday announced its decision to increase the company's stock share repurchase authorization to a total of up to $150 million, adding to the $65.4 million remaining under the previous authorization.
The company expects that the recent move reflects its long-term commitment to returning capital to shareholders and the Board's confidence in TriMas' future.
In the pre-market hours, TRS is moving up 1.54 percent, to $31.56 on the Nasdaq.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.