Lsb Industries, Inc. (LXU) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Lsb Industries, Inc. faces a significant business risk in its share repurchase program, with no certainty of continued buybacks or advantageous pricing. Despite the Board’s authorization of a $150 million program, of which $121 million remained as of year-end 2023, various factors such as market conditions and alternative investments could halt or alter the program. Furthermore, the company’s repurchasing decisions will be influenced by its financial health and capital needs, and it is under no obligation to repurchase a specific number of shares, leaving investors uncertain about the program’s impact on share value.
The average LXU stock price target is $9.21, implying 22.15% upside potential.
To learn more about Lsb Industries, Inc.’s risk factors, click here.