DuPont announces $5B share repurchase program DuPont announced that its board authorized a new $5B share repurchase program of the company's common stock. This program replaces the existing repurchase program. The company expects to repurchase $2B in 2014 with the remainder to be repurchased over time with no required completion date.
News For DD From The Last 14 Days
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Carlyle hires firms for Axalta IPO, Reuters says Carlyle Group (CG) gave Citigroup (C) and Goldman Sachs (GS) leading positions in the possible IPO of Axalta Coating Systems just eighteen months after it acquired the firm from DuPont (DD) for $4.9B, according to Reuters, citing people familiar with the matter. One of the sources said that the IPO could bring in nearly $1B. Reference Link