By: Benzinga
Precision Castparts Board Approves $750M Share Buyback
The Board of Directors of Precision Castparts (NYSE: PCP ) has approved a $750 million program to repurchase shares of PCP's common stock, effective immediately and continuing through June 30, 2015. "This share repurchase program demonstrates our confidence in our growth and cash generation expectations," said Mark Donegan, chairman and
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