AEP Industries Inc. Added to NASDAQ US Buyback Achievers(TM) Index

MONTVALE, N.J., Feb. 2, 2015 /PRNewswire/ -- AEP Industries Inc. (NASDAQ: AEPI), a manufacturer, marketer and distributor of an extensive range of flexible plastic packaging films for the food/beverage, industrial and agricultural markets, today announced that it will be added to the NASDAQ US Buyback Achievers™ Index as of the beginning of trading today.

"We are very pleased to be included in the NASDAQ US Buyback Achievers™ Index," said Brendan Barba, Chairman, President and Chief Executive Officer of the Company. "The addition of AEP to the Index will increase our visibility among investors and provide an opportunity to broaden our shareholder base."

The NASDAQ US Buyback Achievers™ Index is comprised of United States (US) securities issued by corporations that have effected a net reduction in shares outstanding of 5% or more in the trailing 12 months.

A factsheet of the methodology of the NASDAQ US Buyback Achievers™ Index can be found by clicking https://indexes.nasdaqomx.com/docs/Methodology_DRB.pdf.

AEP Industries Inc. manufactures, markets, and distributes an extensive range of flexible plastic packaging films for the food/beverage, industrial and agricultural markets.  The Company has operations throughout North America.

Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to differ materially from forecasted results. Those risks include, but are not limited to, the ability to pass raw material price increases to customers in full or in a timely fashion, the ability to implement non-resin price increases with customers, the availability of raw materials, competition in existing and future markets, disruptions in the global economic and financial market environment and limited contractual relationships with customers. Those and other risks are described in the Company's annual report on Form 10-K for the year ended October 31, 2014 and subsequent reports filed with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained from the Company. Except as required by law, the Company assumes no obligation to update the forward-looking statements, which are made as of the date hereof, even if new information becomes available in the future.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/aep-industries-inc-added-to-nasdaq-us-buyback-achievers-index-300027232.html

SOURCE AEP Industries Inc.