NasdaqGS:NDSNMachinery
Nordson (NDSN) Is Up 6.4% After Strong Q3 Results and $500 Million Buyback Boost
Earlier this week, Nordson Corporation reported third-quarter earnings with sales of US$741.51 million and net income of US$125.78 million, both up from the same period last year, and announced an additional US$500 million share repurchase authorization, bringing total buyback authorization to US$2 billion.
Nordson’s Advanced Technology Solutions segment drove double-digit organic sales growth, and successful integration of the Atrion acquisition led to higher-than-expected earnings...