Corning (GLW) Enters $1.25B Accelerated Stock Buyback Plan
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Corning Announces $1.25 Billion Accelerated Share Repurchase
October 29, 2015 7:51 AM EDTÂ Â
CORNING, N.Y., October 29, 2015 - Corning Incorporated (NYSE: GLW) today announced that it has entered into an accelerated share repurchase agreement (ASR)Â with Morgan Stanley & Co. LLC to repurchase $1.25 billion of the company's common stock. The ASR is executed pursuant to the $2 billion share repurchase program authorized by Corning's Board of Directors on July 15, 2015, which was supplemented by an additional $4 billion share repurchase... More
