Rockwood Holdings (ROC) $Approves 400M Buyback

Rockwood Holdings, Inc. (NYSE: ROC) today announced that its Board of Directors has authorized the Company to repurchase shares of Rockwood common stock up to an aggregate of $400 million. The Company intends to effectuate these repurchases in 2013

Repurchases under the program may be made through one or more open market transactions, unsolicited or solicited privately negotiated transactions, accelerated share repurchase programs or other derivative transactions, self tender offers, or through any combination of the foregoing, or in such other manner as determined by the Company. The timing of the repurchases and the actual amount repurchased will depend on a variety of factors, including the market price of the Company's shares, general market and economic conditions, and other factors. The share repurchase program may be extended, suspended or discontinued at any time without notice.

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