Rockwell Collins (COL) Raises Buyback by $200M

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Rockwell Collins Increases Share Repurchase Authorization by $200 Million

July 7, 2017 4:15 PM EDT

CEDAR RAPIDS, Iowa--(BUSINESS WIRE)-- The Board of Directors of Rockwell Collins (NYSE: COL) recently approved the purchase of an additional $200 million of Rockwell Collins common stock. With this additional authorization, total share repurchases authorized as of July 7, 2017 is $285 million.

This additional authorization demonstrates the Board of Directors continued confidence in our ability to generate cash flow needed to achieve our capital deployment priorities. Consistent with our near term capital... More