PPG Industries (PPG) Announces $2.5B Share Buyback
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PPG Board of Directors authorizes $2.5 billion share repurchase program
April 18, 2024 4:07 PM EDTPITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) today announced that its board of directors has authorized the repurchase of $2.5 billion of outstanding common stock. The authorization is effective immediately, does not expire, and gives management discretion in determining the conditions under which shares may be purchased.
This program is in addition to the companys existing share repurchase authorization, which was approved in December 2017 and had approximately $860 million remaining as of March 31, 2024. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. Repurchases may... More
