Jul
25
Praxair Board Authorizes $1 Billion Share Repurchase Program
Posted by Administrator under Praxair
Praxair, Inc. (NYSE: PX) will repurchase up to $1 billion of its common stock over the next two years.
The company cited a strong balance sheet and growing free-cash-flow generation from operations.
The purchases will be financed by available cash and debt and replaces the repurchase program in effect since 1997.
The board of directors also has declared […]