Graco (GGG) Approves 6M Buyback Plan

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Graco, Inc. (NYSE: GGG) approveds new buyback plan for up to 6 million common shares. These shares will be acquired primarily through open-market purchases and accelerated share repurchase transactions from time to time. The Company currently has approximately 3.9 million shares available under its current repurchase authorization, which expires on September 30, 2012.

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