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Terex Board Of Directors Authorizes New Share Repurchase Program Of Up To $150 Mln
(RTTNews) - Terex Corp. (TEX) announced Monday that its Board of Directors authorized a new share repurchase program of up to $150 million.
The new authorization is in addition to the share repurchase program announced in July 2018, under which the Company has approximately $43 million remaining.
The timing of the share repurchase program will be based on available liquidity, cash flows and general market conditions. The repurchase program may be executed through various methods, including open market purchases.
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U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
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38 minutes ago
Yen Slides As Bank Of Japan Retains Rate As Expected
The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its interest rate unchanged for the second consecutive meeting and downgraded its growth projections citing trade tariff threats.
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1h 6min ago
Commodity Currencies Rise Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid increased risk-on mood, as traders booked some profits after the recent upside in markets and a report showing the U.S. economy unexpectedly shrank in the first three months of 2025 generated some optimism about the outlook for interest rates.
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1h 21min ago
Yen Slides Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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2h 31min ago
Bank Of Japan Retains Rate As Expected; Cuts Growth Outlook Amid Tariff Uncertainty
The Bank of Japan left its interest rate unchanged for the second consecutive meeting on Thursday, and downgraded its growth projections citing trade tariff threats. The policy board decided, by a unanimous vote, to hold the uncollateralized overnight call rate to remain at around 0.50 percent. This was the highest level since the global financial crisis in 2008.
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2h 32min ago
European Economic News Preview: UK Mortgage Approvals, Factory PMI Due
Mortgage approvals and final manufacturing Purchasing Managers' survey results from the UK are the major reports due on Thursday, while most of the European markets are closed for the Labor day holiday. At 2.30 am ET, Switzerland's Federal Statistical Office releases retail sales data for March. Sales are forecast o grow 1.9 percent on a yearly basis, following a 1.6 percent rise in February.
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2h 57min ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.
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3h 20min ago
NZ Dollar Advances Against Most Majors
The New Zealand dollar strengthened against most major currencies in the Asian session on Thursday.
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3h 31min ago
