PACCAR (PCAR) Authorizes Additional $300M Buyback

The PACCAR (Nasdaq: PCAR) has approved the repurchase of an additional $300 million of its outstanding common stock. PACCAR is nearing completion of its previously authorized $300 million share repurchase program. The company has repurchased 8.4 million shares and paid $217.6 million in regular dividends to its shareholders in 2011.

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