Enerpac Tool Group Announces Initiatives to Enhance Shareholder Value

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Mar 23, 2022

Enerpac Tool Group Corp. (NYSE: EPAC) (“Enerpac” or the “Company”) today announced that its Board of Directors and management team are taking actions intended to enhance shareholder returns, including the launch of ASCEND, a new transformation program focused on driving accelerated earnings growth and efficiency across the business. In addition to the transformation, the Company also announced today the authorization of a 10 million share repurchase program.