Stoneridge Initiates $50 Million Accelerated Share Repurchase

 

NOVI, Mich. — May 7, 2019 — Stoneridge, Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the commercial vehicle and automotive industry, announced today that it has entered into an accelerated share repurchase agreement with Citibank N.A. to repurchase an aggregate of $50 million...

Read More

Laurent Borne Appointed President of Stoneridge Electronics Division

 

Borne Remains Chief Technology Officer of Stoneridge. Inc. NOVI, Mich. — Jan. 14, 2019 — Stoneridge Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the commercial vehicle and automotive industry, today announced the appointment of Laurent Borne to president, Electronics Division of Stoneridge, Inc....

Read More

Stoneridge Announces Closure of Canton, Mass. Manufacturing Facility by the End of 2019 – Streamlining Operations and Engineering Footprint

 

Reviewing Strategic Alternatives for Non-Core Products NOVI, Mich. — Jan. 14, 2019 — Stoneridge, Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the commercial vehicle and automotive industry, announced today that it will consolidate its manufacturing operations and close its Canton, Massachusetts facility by...

Read More

Stoneridge Recognized as a Top-Performing Supplier by PACCAR

 

NOVI, Mich. — Jan. 11, 2019 — Stoneridge, Inc. (NYSE: SRI) has been recognized as a 2018 top-performing supplier by commercial vehicle manufacturer PACCAR. Jon DeGaynor, president and CEO, Stoneridge, Inc., accepted the award at the annual PACCAR Supplier Performance Management (SPM) program awards ceremony on Dec. 6 in...

Read More

FMCSA Approves Exemption for Stoneridge, Inc.’s MirrorEye™ Camera Monitor System

 

NOVI, Mich. — Jan. 2, 2019 — Stoneridge, Inc. (NYSE: SRI) announced today that its exemption application to federal law was approved in late-December by the Federal Motor Carrier Safety Administration, allowing its MirrorEye™ Camera Monitor System (“CMS”) to be installed as an alternative to conventional rear-vision mirrors currently required on commercial...

Read More