September 18, 1998
AAR Responds To Inquiries On Stock Trading Activity And Confirms Stock Repurchase Plan
WOOD DALE, ILLINOIS - AAR CORP. today responded to recent inquiries about trading activity in its common stock, stating that it knows of no developments or events that account for recent trading activity. The Company also said that is has been purchasing shares in recent days under its existing share buy-back program.
"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 all
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).
April 05, 2024
AAR breaks ground on MRO facility expansion in Oklahoma City
Wood Dale, Illinois — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, broke ground on the expansion of its maintenance, repair, and overhaul facility in Oklahoma City earlier today.
