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News Breaks
February 23, 2010
16:37 EDTPTV
theflyonthewall.com: Pactiv increases share repurchase authorization by 10M shares
Pactiv announced that its board has increased its share repurchase authorization by 10M shares of its common stock. This new authorization, coupled with the remainder of the prior authorization, brings the total shares that can be repurchased to 10.5M. Stock purchases will be made from time to time, based on market conditions, and the shares may be purchased in open market or privately negotiated transactions. The repurchased shares will be held in treasury and used for general corporate purposes. :theflyonthewall.com



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