Tranche Update on Acuity Brands, Inc.'s Equity Buyback Plan announced on April 4, 2018.
January 07, 2021 at 09:07 am EST
Share
From September 1, 2020 to November 30, 2020, the company has repurchased 2,559,531 shares, representing 6.65% for $256.11 million. With this, the company has completed the repurchase of 4,696,783 shares, representing 11.98% for $513.06 million under the buyback announced on April 4, 2018.
Acuity Brands, Inc. is an industrial technology company. The Company uses technology to solve problems in spaces and light. It operates through two segments: Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG). ABL's portfolio of lighting solutions includes commercial, architectural, and specialty lighting in addition to lighting controls and components that can be combined to create integrated lighting control systems. It offers devices, such as luminaires that utilize light emitting diode (LED) technology designed to optimize energy efficiency and comfort for various indoor and outdoor applications. ABL's brand portfolio include Aculux, Indy, Gotham, and more. ISG offers a building management platform and location-aware applications. Its building management platform includes products for controlling heating, ventilation, and air conditioning (HVAC), lighting, shades, and building access that deliver end-to-end optimization of building systems.
ACUITY BRANDS, INC. 
