Janus (JBI) International Group announced its Board of Directors has expanded the company’s existing share repurchase program, pursuant to which the company is authorized to purchase up to an additional $75M of its common stock. The prior authorization was for $100M. As of March 29, 2025, the company has repurchased approximately 7.8M shares of common stock at a total cost of $83.7M under the share repurchase program. The repurchase authorization does not have an expiration date and may be terminated by the company’s Board of Directors at any time. “The expansion of our share repurchase program reflects the resilience of our business model and the consistency of our cash generation profile,” said Ramey Jackson, Chief Executive Officer. “We remain committed to delivering long-term shareholder value through a balanced and thoughtful approach to capital allocation.”
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