Calgon Carbon (CCC) Approves $100M Buyback Plan
Tweet
Share
E-mailGet Alerts CCC Hot Sheet
Join SI Premium – FREE
Calgon Carbon Corporation (NYSE: CCC) announced today that its board of directors has approved a share repurchase program for up to $100 million of the company’s outstanding stock.
The company may use its existing credit facility, cash on hand, and cash generated from operations to fund the share repurchase program. As of September 30, 2012, Calgon Carbon had availability under its U.S. revolving credit facility of approximately $118 million and cash and cash equivalents of approximately $19 million.
The company may use its existing credit facility, cash on hand, and cash generated from operations to fund the share repurchase program. As of September 30, 2012, Calgon Carbon had availability under its U.S. revolving credit facility of approximately $118 million and cash and cash equivalents of approximately $19 million.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Synchrony Financial (SYF) Reports Q1, Announces $1B Share Buyback
- Waterstone Financial (WSBF) Expands Share Buyback by 2M
- Gryphon Digital Mining (GRYP) Announces $5M Share Buyback
Create E-mail Alert Related Categories
Stock BuybacksRelated Entities
Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
