Rockwell Automation Announces $1 Billion Stock Buyback
Reading Time: 3 minutes
Rockwell Automation is a leader in industrial automation and was able to more than double its data center revenues in the last quarter. Management announces a new $1 billion stock buyback program on June 9 and expands its cybersecurity solutions for manufacturing plants. The second quarter impressed with a revenue increase of 12% and an EPS growth of 35%. The stock may conclude its consolidation at the all-time high. Rockwell Automation (ROK) is considered one of the largest global providers of industrial automation and digitalization...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
