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The Middleby Corporation Reports First Quarter Results and Board of Directors Increases Share Buyback Authorization to 21% of Equity

1. Middleby announced Q1 2025 net earnings and accelerated share buyback program. 2. The company is expected to use most free cash flow for repurchasing shares.

Earnings
+0.58%Current Return
VS
+1.96%S&P 500
$135.3805/07 07:15 AM EDTEvent Start
$136.1605/08 01:08 PM EDTLatest Updated
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FAQ

Why Bullish?

The accelerated share repurchase indicates strong management confidence, similar to past buyback successes which have positively impacted stock prices.

How important is it?

The strong financial results and share buyback strategy signal financial health, making MIDD more attractive to investors.

Why Short Term?

The immediate effects of share repurchase programs are often seen quickly as buybacks raise EPS and indicate confidence.

Related Companies

MIDDHLITWHRCAT
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the first quarter of 2025. Middleby further announced an acceleration to its share repurchase program, with expectation to deploy the vast majority of its free cash flow to the buyback of shares. This follows the company's February 2025 announcement to separate its.

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