Arctic Cat buys back it's shares from Suzuki

[KatMan]

Arctic cat spent 79 million to buy back 6.1 million shares of cat from suzuki. Interesting comment form the president:

"Although Suzuki will no longer have an ownership stake in Arctic Cat, we look forward to continuing to purchase snowmobile engines for the next two model years, in addition to having Suzuki supply Arctic Cat with snowmobile engine parts to service existing engines after that time.”

So only a commitment to buy engines for two more model years, Hmmmmmm

 

[Bnorth]

repost

 

[Scotty]

intersting.... that means that Cats engine factory will be producing not only engines for their atv's but also their sleds? Hmmmm? Make sence I guess. If you have an engine factory you might as well be producing mills for all your products??