Business
Lindsay Corporation Announces New $150 Million Share Repurchase Program
OMAHA, Neb., November 05, 2025--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced that its Board of Directors has authorized a new share repurchase program of up to $150 million of the Company’s outstanding common stock.
About this update from Lindsay Corporation
[{"type":"text","content":"OMAHA, Neb., November 05, 2025--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, today announced that its Board of Directors has authorized a new share repurchase program of up to $150 million of the Company’s outstanding common stock.","length":341,"tagName":"p"},{"type":"text","content":""Lindsay has maintained a robust balance sheet and disciplined capital allocation priorities focused on delivering value to shareholders," said Brian Ketcham, Senior Vice President and Chief Financial Officer of Lindsay Corporation. "This authorization provides us with the flexibility to return capital to shareholders while maintaining the financial strength to continue investing in growth opportunities and innovation."","length":443,"tagName":"p"},{"type":"text","content":"Share repurchases may be made from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, or through other means, including Rule 10b5-1 trading plans. The timing, volume, and nature of share repurchases will be at the discretion of management, and will depend on a number of factors, including the trading price of the Company's common stock, general market and business conditions, and applicable securities laws. This share repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or discontinued at any time. The Company's share repurchases in excess of issuances are subject to a 1% excise tax enacted by the Inflation Reduction Act.","length":764,"tagName":"p"},{"type":"text","content":"About Lindsay Corporation","length":25,"tagName":"p"},{"type":"text","content":"Lindsay Corporation (NYSE: LNN) is a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology. Established in 1955, the company has been at the forefront of research and development of innovative solutions to meet the food, fuel, fiber and transportation needs of the world’s rapidly growing population. The Lindsay family of irrigation brands includes Zimmatic™ center pivot and lateral move agricultural irrigation systems, FieldNET™ and FieldWise™ remote irrigation management technology, FieldNET Advisor™ irrigation scheduli...