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Three Griffon Executives Sold Into an Earnings Pop. Here's What to Know
['Jonathan Ponciano', 'Https', 'Www.Facebook.Com Themotleyfool']
The Motley Fool
The transaction was executed in multiple trades at weighted-average prices ranging from $103.00 to $104.05 per share, according to the transaction footnotes.
Griffon Corporation maintains a market capitalization of $4.9 billion and reported trailing-twelve-month revenue of $2.5 billion.
Griffon Corporation maintains a market capitalization of $4.9 billion and reported trailing-twelve-month revenue of $2.5 billion.
As of the transaction date, the stock has appreciated close to 50% over the trailing 12 months and was priced at $106.30 as of the August 6 market close.
The company has also leaned hard on returning cash to shareholders, buying back more than 12 million shares since April 2023.