Under the program, the Company may purchase its common stock from time to time in the open market or in privately negotiated transactions. The repurchases will be funded from cash from operating activities and, if needed, the Company’s existing loan facility. The amount and timing of the purchases will depend on a number of factors including the price and availability of shares of common stock, trading volume and general market conditions.
Disclaimer on Forward Looking Statements
This news release contains statements that are forward looking, including, but not limited to, statements that relate to the timing and execution of the Company's share repurchase program and the amount of shares to be repurchased (if any). The forward looking statements in this news release are based on current expectations and assumptions that are subject to risks and uncertainties, and actual results may differ materially from the results anticipated in the forward looking statements. Additional risk factors are described in our filings with the SEC. We do not undertake an obligation to update our forward looking statements to reflect future events.
Vice President – Investor Relations
Source: Hexcel Corporation