07:01 AM EST, 11/18/2024 (MT Newswires) -- Hyster-Yale ( HY ) said Monday that its board approved a buyback program of up to $50 million or 1.5 million class A common shares, whichever comes first.

The company said it had 14.1 million class A common shares outstanding as of Nov. 14. The buyback program is effective through November 2027, Hyster-Yale ( HY ) added.