AZZ Inc. Commits to Shareholder Value with Resumed Share Repurchase Program

AZZ Inc. Enhances Shareholder Value through Strategic Share Repurchase Program

AZZ Inc., a leading independent provider of hot-dip galvanizing and coil coating solutions, resumes its share repurchase program, reflecting a strong commitment to enhancing shareholder value. Announced on April 28, 2025, the company has utilized approximately $46.8 million of its $100 million authorization for stock buybacks, leaving a balance of $53.2 million for future acquisitions. This strategic initiative underscores AZZ's confidence in its long-term growth potential and its disciplined approach to capital allocation.

The implementation of a 10b5-1 plan with a third-party broker marks a significant step for AZZ, allowing the company to repurchase shares even during periods subject to insider trading restrictions. This plan means that AZZ can buy back shares opportunistically, based on predetermined criteria such as timing, price, and volume. Tom Ferguson, President and CEO of AZZ Inc., highlights that this move aligns with the company's strategy to return value to shareholders while navigating regulatory compliance. The flexibility offered by the 10b5-1 plan ensures that AZZ can act decisively in a fluctuating market environment, thereby reinforcing its commitment to sustainable growth.

As a provider of essential metal coating solutions, AZZ Inc. serves a diverse array of end-markets, contributing to the durability and aesthetic appeal of critical infrastructure and products. The company prioritizes sustainability in its operations, aiming to deliver unmatched solutions that enhance the longevity of its customers' investments. By resuming its share repurchase program, AZZ not only demonstrates its financial health but also signals its strategic focus on reinforcing investor confidence amid evolving market conditions.

In addition to its repurchase announcement, AZZ includes a safe harbor statement regarding forward-looking statements, providing transparency about its expectations for future developments. As the company navigates the complexities of the market, it remains dedicated to maintaining robust communication with its stakeholders, ensuring that they are informed about the company's strategic direction and performance metrics. For more information on AZZ's initiatives and offerings, interested parties can visit the company’s website at www.azz.com.