Steelcase Increases Size of Buyback Program

Dow Jones10-11

By Sabela Ojea

Steelcase said it is increasing the size of its share repurchase program.

The manufacturer of furniture for offices, hospitals and classrooms on Thursday said the increased buyback program follows an agreement with an independent third party broker.

The independent third party broker has been authorized to repurchase up to 1.5 million shares of the company's common stock on behalf of Steelcase from Oct. 11 through Dec. 20.

Write to Sabela Ojea at sabela.ojea@wsj.com

(END) Dow Jones Newswires

October 10, 2024 17:54 ET (21:54 GMT)

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