Westlake Chemical (WLK) Boosts Share Buyback Plan by Additional $150M
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Westlake Chemical Announces Expansion of Existing Share Repurchase Program
August 17, 2018 4:55 PM EDTHOUSTON--(BUSINESS WIRE)-- The Board of Directors of Westlake Chemical Corporation (NYSE: WLK) on Friday, August 17, 2018, authorized the company to repurchase an additional $150 million of shares of its common stock under its existing share repurchase program. As of August 17, 2018, approximately 6.5 million shares of common stock had been acquired at an aggregate purchase price of approximately $360 million under the program. After this expansion of the size of the program, and as of the same date, an aggregate of approximately $290 million will be available for purchase under the program.
This expansion is effective immediately.... More
