THOR Unveils Buyback Plan: Should You Buy the Stock Now?

Key Takeaways THOR approved a new $400M stock repurchase plan, replacing its prior authorization set to expire in July. The RV maker aims to boost value via acquisitions, parts initiatives, and diversified revenue streams. THOR faces margin pressure from weak demand, higher operating costs, and a shrinking global order backlog.THOR Industries, Inc. (THO) , the largest manufacturer of RVs in the world, has retired the company’s prior share repurchase authorization and approved a new authorization. In the l ...