Stoneridge buys back $17 million of its senior notes

By Devika Patel

Knoxville, Tenn., May 9 - Stoneridge Inc. repurchased and retired $11 million of its senior notes during the first quarter and another $6 million of the notes in April, according to a 10-Q filed Friday with the Securities and Exchange Commission.

Stoneridge is a Warren, Ohio-based designer and manufacturer of engineered electrical and electronic components, modules and systems for the automotive, medium and heavy-duty truck, and agricultural and off-highway vehicle markets.

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