OMNOVA Solutions Inc. (NYSE:OMN) Shares Sold by Thrivent Financial for Lutherans
Summary
Thrivent Financial for Lutherans cut its holdings in OMNOVA Solutions Inc. (NYSE:OMN) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.Thrivent Financial for Lutherans owned approximately 1.24% of OMNOVA Solutions worth $5,484,000 at the end of the most recent reporting period.OMNOVA Solutions declared that its board has authorized a stock buyback program on Wednesday, September 26th that allows the company to repurchase $20.00 million in outstanding shares.OMNOVA Solutions Inc provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in the United States, Europe, and Asia.The Specialty Solutions segment designs, develops, produces, and markets specialty polymers which are used in various applications, such as architectural and industrial coatings; nonwovens used in hygiene products, filtration, and construction; drilling additives for oil and gas drilling, cementing, and fracking; elastomeric modification of plastic casings and hoses used in household, industrial products, and automobiles; tapes and adhesives; sports surfaces; textile finishes; commercial building refurbishment; new construction; residential cabinets; flooring; ceiling tiles; furnishings; manufactured housing; health care patient; common area furniture; and various industrial films applications.