StandardAero, Inc. (SARO), an independent pure-play provider of aerospace engine aftermarket services, on Wednesday said its Board has authorized a stock repurchase program of up to $450 million with an immediate effect.
The company may begin repurchases at its discretion.
The company said that the program may be extended, modified, suspended, or discontinued at any time.
In the pre-market trading, StandardAero is 1.34% higher at $27.21 on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
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.