Celanese increases share repurchase authorization to $400M Celanese Corporation announced the company’s board of directors increased its share repurchase authorization to $400M. As of September 30, the company had $136M remaining under its previous authorization.
News For CE From The Last 14 Days
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Celanese downgraded to Neutral from Buy at Citigroup Citigroup downgraded Celanese citing the recent rally in shares and a lack of near-term catalysts. The firm keeps a $50 price target for the stock.