EnPro Industries (NPO) Enters Rule 10b5-1 Plan; Adds $38M to Buyback
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EnPro Industries, Inc. (NYSE: NPO) today announced that it has entered into a share repurchase plan under Rule 10b5-1 of the SEC providing for additional repurchases of the company's common stock up to approximately $38 million.
This is the amount of the company's $100 million authorization remaining after the final settlement of the company's accelerated share repurchase program commenced in March 2008. Under that program, the company has already retired 1.7 million shares this year.
EnPro Industries, Inc. engages in the design, development, manufacture, and marketing of engineered industrial products.
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