NYSE:WMSBuilding
Advanced Drainage Systems Expands Water Portfolio And Upsizes Shareholder Returns
Advanced Drainage Systems (NYSE:WMS) completed its acquisition of National Diversified Sales (NDS), expanding its presence in water management solutions.
The company approved a $1 billion increase to its stock repurchase authorization.
Advanced Drainage Systems also announced a 13% dividend increase alongside the expanded buyback program.
Advanced Drainage Systems, trading at $170.03, has seen its share price rise 11.0% over the past week and 13.7% over the past month. Over longer periods,...