ASTEC INDUSTRIES INC (ASTE)

Astec Industries, Inc. engages in the design, engineer, manufacture, and market of equipment and components used in road building and construction activities. It operates through the following segments: Infrastructure Solutions, Material Solutions, and Corporate and Other. The Infrastructure Solutions segment designs, engineers, manufactures, and markets a complete line of asphalt plants, concrete plants, and ancillary equipment, as well as supplying asphalt road construction equipment, industrial thermal systems, and heavy equipment. The Material Solutions segment designs and manufactures heavy processing equipment, in addition to servicing and supplying parts for the aggregate, metallic mining, recycling, ports, and bulk handling industries. The Corporate and Other segment is involved in the controls and automation business, through the firm's parent company, Astec Insurance. The company was founded by J. Don Brock in 1972 and is headquartered in Chattanooga, TN.

Address

1725 SHEPHERD ROAD
CHATTANOOGA, TN 37421

Founded

1972

Number of Employees

4,322

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - $22 - - - $6,144 - - $3,083
Average Price - - - - $41.66 - - - $38.30 - - $38.31
# Shares Purchased - - - - 535 - - - 160,445 - - 80,490
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - -25.6% - - - -19.1% - - -19.1%
S&P 500 Return to Date - - - - 104.9% - - - 37.3% - - 71.1%
Excess Total Return - - - - -130.4% - - - -56.3% - - -90.1%
Quartile Rank
Percentile Rank - - - - 24% - - - 29% - - 29%
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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