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Stock Market & Financial Investment News

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December 13, 2013
08:36 EDTCCCCalgon Carbon announces additional $100M stock repurchases authorization
Calgon Carbon announced that its board has and has chosen to authorize up to an additional $100M of stock repurchases. The company said this authorization reinforces the strength of Calgon Carbonís balance sheet, balances immediate return with future opportunities, and brings the total amount authorized since last November for share repurchases to $200M of which $150M is now available for repurchases. The boardís authorization will permit the company to complete repurchases on the open market or otherwise, including through an accelerated share repurchase, under the terms of a Rule 10b5-1 plan, in privately negotiated transactions and in round lot or block transactions.
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