PACCAR (PCAR) said its Board has approved the repurchase of an additional $300 million of its outstanding common stock. The new authorization has $286.8 million available for repurchases as of September 30, 2015.
PACCAR repurchased 1.37 million of its common shares for $78.6 million during the third quarter. PACCAR completed its previously authorized $300 million share repurchase program.
For comments and feedback contact: editorial@rttnews.com
Business News