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Cabot Increases Share Buyback

10:35 AM MDT | October 2, 2007 | Chemical Week Editorial Staff

Cabot Corp. says that its board has authorized an expansion of the company’s previously announced repurchase of 5 million shares of common stock, to 10 million shares, equivalent to up to 15.6% of Cabot’s common stock outstanding. Cabot has to date repurchased 4.1 million shares of its common stock, leaving approximately 5.9 million shares available for repurchase under the expanded...

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