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February 7, 2014
09:01 EDTCECelanese increases share repurchase authorization to $400M
Celanese announced that the company’s board of directors increased its share repurchase authorization to $400M. As of December 31, 2013, the company had $228M remaining under its previous authorizations. The authorization gives management discretion in determining the timing and conditions under which shares may be repurchased. "Increasing our share repurchase authorization reflects the confidence we have in our business and its ability to generate strong cash flow," said Mark Rohr, chairman and CEO. "With this authorization, we will continue to pursue our balanced cash deployment strategy, including opportunistic share repurchases, which we expect will drive increased shareholder value."
News For CE From The Last 14 Days
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May 20, 2015
18:01 EDTCECelanese announces Nutrinova price increases
Celanese announced that it will increase the price of potassium sorbate and sorbic acid sold globally. Nutrinova potassium sorbate and Nutrinova sorbic acid will increase by 10% effective July 1, or as contracts allow. This price increase affects all grades and all applications including, but not limited to, food, beverages, pharmaceuticals, pet and animal feed, cosmetics and personal care.
May 19, 2015
07:15 EDTCEGoldman Sachs to hold a conference
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May 13, 2015
18:13 EDTCECelanese increases price of vinyl acetate monomer and acetic acid
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