Home | Business News | Browse by Publication | P | PR Newswire

Republic Services, Inc. Authorizes Additional $250 Million for Stock Repurchases.

Publication: PR Newswire
Publication Date: 05-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
FORT LAUDERDALE, Fla., Feb. 5 /PRNewswire-FirstCall/ -- Republic Services, Inc. announced today that its Board of Directors has approved an additional $250 million stock repurchase program. At December 31, 2007, the Company had $136 million remaining under its existing share repurchase program. Combined, the Company has the authority to repurchase $386 million of its common stock. The Company expects this combined authorization to be fully utilized by mid-2009. At current prices, the $386 million represents approximately 7 percent of the Company's outstanding shares of stock.

(Photo: http://www.newscom.com/cgi-bin/prnh/20020531/RSGLOGO )

Commenting on the stock repurchase program, James E. O'Connor,...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from PR Newswire
Arthur J. Gallagher & Co. to Present at the Merrill Lynch Insurance In..., February 05, 2008
Vehicle Theft Is Rising in Texas; Expert from LoJack Offers Sound Thef..., February 05, 2008
Harry & David Holdings, Inc. to Report 2008 Second Fiscal Quarter Fina..., February 05, 2008
Willie Nelson on The Alex Jones Show: Twin Towers Were Imploded on 9/1..., February 05, 2008
PASSUR(R) Used Extensively Throughout Super Bowl Week., February 05, 2008

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.