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Stock Market & Financial Investment News

News Breaks
November 19, 2012
18:10 EDTCCCCalgon Carbon authorizes $100M share repurchase program
Calgon Carbon Corporation announced that its board of directors has approved a share repurchase program for up to $100M of the company's outstanding stock. "The initiation of the stock repurchase program follows the completion of our 2013 profit plan. Reduced capital requirements, a lower cost structure resulting from our previously announced $20M cost improvement program, and better working capital management are expected to result in improved profitability and cash flow generation," the company said.
News For CCC From The Last 14 Days
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October 28, 2014
09:32 EDTCCCCalgon Carbon second drinking water treatment contract in South Korea
Calgon Carbon announced that it has been awarded a contract by Samsung C&T Corporation to supply 7.2M pounds of Filtrasorb granular activated carbon, or GAC, to the Dduk-Do Municipal Drinking Water, or Dduk-Do, Plant in Seoul City, South Korea. The value of the contract was not disclosed. The Dduk-Do Plant provides 198M gallons of potable water daily to approximately one million residents in 7 districts including SeongDong-Gu, Seoul metropolitan area, South Korea. The GAC will be installed in newly constructed carbon filters to remove taste and odor from the plantís source water. Delivery of the carbon is expected to begin in December and be completed in the 2Q15.

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