ASCENT INDUSTRIES CO. (ACNT)

Ascent Industries Co. engages in the production of stainless-steel pipes, stainless and carbon steel piping systems, and specialty chemicals. Its segments include Tubular Products and Specialty Chemicals. The Tubular Products segment consists of BRISMET and ASTI. BRISMET manufactures welded pipe and tube, primarily from stainless steel, duplex, and nickel alloys. ASTI manufactures high-end ornamental stainless-steel tube, supplying the automotive, commercial transportation, marine, food services and other industries. The Specialty Chemicals segment produces specialty formulations and intermediates for use in a wide variety of applications and industries with primary product lines focusing on the production of defoamers, surfactants, and lubricating agents. It also provides dedicated contract manufacturing services. The company was founded in 1945 and is headquartered in Schaumburg, IL.

Address

1400 16TH STREET
OAK BROOK, IL 60523

Founded

1945

Number of Employees

517

Website

http://ascentco.com

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)		 - $734 $254 - - - $635 - $1,342 $1,283 $319 $761
Average Price - $8.17 $8.61 - - - $10.65 - $12.16 $8.97 $10.10 $9.84
# Shares Purchased - 89,900 29,500 - - - 59,617 - 110,404 143,108 31,563 77,349
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - 10.2% 4.5% - - - -15.5% - -26.0% 0.4% -10.9% -8.5%
S&P 500 Return to Date - 173.0% 168.6% - - - 74.8% - 37.3% 31.3% 7.4% 82.1%
Excess Total Return - -162.8% -164.1% - - - -90.3% - -63.2% -31.0% -18.3% -90.6%
Quartile Rank
Percentile Rank - 36% 33% - - - 21% - 23% 37% 23% 36%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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ASCENT INDUSTRIES CO.