NYSE:TGLSBuilding
Tecnoglass Redomiciling To U.S. As Buybacks And New Plant Plans Emerge
Tecnoglass (NYSE:TGLS) has announced plans to change its legal domicile from the Cayman Islands to the United States.
The company also expanded its share repurchase authorization and is discussing a new automated facility in the U.S.
These updates arrive with Tecnoglass shares at $45.56.
Tecnoglass, trading on the NYSE under ticker TGLS, is putting the U.S. at the center of its corporate structure and operations, while its stock trades at $45.56. The shares show a mixed picture, with a...