AAR Responds To Inquiries On Stock Trading Activity And Confirms Stock Repurchase Plan
"We believe that the market price of AAR common stock does not adequately reflect the underlying value of the Company," David P. Storch, President and CEO, said. "Accordingly, we believe the stock presents a good investment opportunity for the Company at this time."
The Company currently has 27,700,000 shares of common stock outstanding. AAR CORP., traded NYSE (AIR), is the premier supplier of aerospace/aviation aftermarket products and services. The company primarily supplies parts and equipment, performs technical services and manufactures proprietary products for the global aviation industry.
Contact
Media Team
Corporate Marketing & Communications
+1-630-227-5100
Editor@aarcorp.com
Related news
See allMay 02, 2024
AAR to participate in the Bank of America Transportation, Airlines and Industrials Conference on May 16, 2024
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, will participate in Bank of America’s 2024 Transportation, Airlines and Industrials Conference.
April 11, 2024
AAR signs extension and expansion of V2500 engine component distribution agreement with Sumitomo Precision Products
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has signed an extension and expansion of its V2500 engine component distribution agreement with Sumitomo Precision Products Co., Ltd. (SPP).
April 09, 2024
AAR awarded Supplier of the Year by Atlas Air Worldwide
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, was awarded the 2023 Component Repair Supplier of the Year – Large Volume Category by Atlas Air Worldwide (Atlas Air).