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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.