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Simpson Manufacturing Co ( (SSD) ) has issued an update.
Simpson Manufacturing Co. announced its plan to engage with shareholders starting December 17, 2024, focusing on governance. The company’s strategic initiatives aim to sustain above-market growth, significantly outperforming its peers and the broader market. With a strong balance sheet, Simpson Manufacturing has consistently returned a substantial portion of its free cash flow to stockholders. The company’s ambitions include enhancing its innovative leadership and maintaining top-quartile profitability and return on invested capital, driven by investments in key end-use markets.
More about Simpson Manufacturing Co
Simpson Manufacturing Co., Inc. is a leader in the construction industry, particularly known for its structural solutions for wood connections. The company has a diversified portfolio, offering wood connectors, fastening systems, concrete connection products, and digital solutions. With a strong presence in the U.S. housing market, Simpson Manufacturing is recognized for its innovation, extensive product availability, and strong relationships with industry professionals.
YTD Price Performance: -6.42%
Average Trading Volume: 233,408
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.77B
See more data about SSD stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
