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Stock Market & Financial Investment News

News Breaks
November 20, 2012
17:17 EDTCCCCalgon Carbon announces $50M accelerated share repurchase program
Calgon Carbon Corporation announced that it has entered into an accelerated share repurchase, or ASR, agreement with Morgan Stanley to repurchase an aggregate $50M of the company's stock. The ASR is part of the company's share repurchase program that was announced yesterday and supersedes any previously announced share repurchase program. The ASR will be funded through the company's U.S. revolving credit facility. As of September 30, the company had approximately $118M available under its existing U.S. line of credit.
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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