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Praxair Board Authorizes $1 Billion Share Repurchase Program

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 [...]

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