THOR Industries Announces Re-Authorization of $400 Million Share Buyback

Core Points - THOR Industries, Inc. has re-authorized a share repurchase program allowing the company to buy back up to $400 million of its common stock, with the authorization set to expire on July 31, 2027 [1][2] - Since initiating its buyback program in December 2021, THOR has repurchased over 3.5 million shares, demonstrating its ability to generate cash even in a challenging RV market [2] - The company has resumed stock repurchases, acquiring over 340,000 shares since June 6, 2025, and plans to continue buying back shares as long as the market price does not reflect its long-term value [2] Company Overview - THOR Industries is the largest manufacturer of recreational vehicles globally, owning several operating companies [3]