World Fuel Services (INT) Announces $50M Share Buyback
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World Fuel Services Corporation (NYSE: INT) announced that its Board of Directors has authorized a $50 million share repurchase program.
The company may begin repurchasing its shares at the conclusion of its current quarterly blackout period which is anticipated to end in early November following the announcement of the company's third quarter 2008 earnings results. Such repurchases may be made from time to time in the open market or through privately negotiated transactions.
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