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Chemical Week Magazine :: Business & Finance :: United States/Americas

Fuller Authorizes Share Buyback

2:43 PM MDT | September 30, 2010 | Nancy Seewald

H.B. Fuller’s board of directors has approved a share repurchase program of up to $100 million of the company’s outstanding common shares. Fuller has about 49 million shares outstanding, which were trading at $19.87/share this afternoon. "We are pleased to announce a share repurchase program that allows us to return excess capital to our shareholders while fully maintaining our financial flexibility to invest in our business," says senior v.p. and CFO Jim Giertz. "We intend to use the program primarily to buyback shares that we issue...

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