NYSE:EPACMachinery
Does Enerpac’s Buybacks and Modest Q1 Dip Hint at a Shift in Strategy for EPAC?
In the past week, Enerpac Tool Group Corp. reported Q1 2026 results showing sales of US$144.21 million and net income of US$19.13 million, slightly below the prior year, alongside basic and diluted EPS of US$0.36 from continuing operations.
Alongside modestly lower earnings, Enerpac completed a multi-year share repurchase of 9,359,151 shares for US$253.93 million, while highlighting 4% organic product growth and heavy lifting strength, underlining a focus on capital returns and higher-value...