Valspar Authorizes New Share Repurchase

Valspar's board has authorized the repurchase of 15 million of the company's 98 million outstanding shares, effective immediately. It replaces the previous authorization in place since October of last year, and does not expire. The repurchase will proceed and start or stop at the discretion of management. Valspar shares closed at $31.57 on October 13 in heavy...

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