PCC boosts stock buyback plan
Aug 19, 2013 | 10:02 AM
| Frank Haflich
LOS ANGELES Precision Castparts Corp. (PCC) has raised its potential common stock buybacks by $750 million but said it wont hobble its aggressive acquisition program.
The Portland, Ore.-based producer of aerospace and industrial products said its board of directors authorized share repurchases through June 2015 representing 2.4 percent of its outstanding shares, in addition to approximately $400 million remaining from a previous authorization. The repurchase authorization doesnt....
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