Maxim developing share repurchase program

15 April 2008

As of January, Maxim Crane Works Holdings Inc. announced it completed its analysis of strategic business alternatives, which it announced last summer.

According to a press release, Maxim's Board of Directors determined that “shareholder value can best be maximized in the future by continuing Maxim's focus of capturing incremental operating efficiencies and growing penetration in existing markets and evaluating potentially accretive acquisition opportunities.

“The board also authorized management and Goldman, Sachs & Co. to develop a share repurchase program for its common stock, the details of which the company said will be announced in the near future.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Barnhart teams up with ITI Learning Hub
Barnhart has implemented ITI Learning Hub to enhance employee training and learning. 
Last call: Tower Crane 50 forms due!
Fill out and return all TC 50 survey forms by this Friday, July 23, 2021.
Manitowoc to acquire H&E’s crane operations
Manitowoc will acquire the crane business of H&E Equipment Services
CONNECT WITH THE TEAM
D.Ann Shiffler Editor, American Carnes & Transport Tel: +1 512 869 8838 E-mail: d.ann.shiffler@khl.com
Matt Burk VP Sales Tel: +1 312 496 3314 E-mail: matt.burk@khl.com
CONNECT WITH SOCIAL MEDIA