Arctic Cat Repurchases Suzuki Motor's Stake For $79.3M

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Arctic Cat Inc
ACAT
announced its plans to repurchase its shares held by Suzuki Motor Corp
SZKMF
for $79.3 million in cash. Arctic Cat bought around 6.1 million shares its Class B stock held by Suzuki. ACAT shares gained 0.42% to $19.05 in pre-market trading, while Suzuki shares closed at $20.50 yesterday.
Posted In: NewsBuybacksbuy back
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