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Air Products Launches New Share Buyback

3:16 PM MDT | September 19, 2011 | Vincent Valk

Air Products has launched a new $1 billion share repurchase program, replacing an older one of equal size which has been completed. The company has repurchased $299 million worth of shares this quarter and $649 million so far this year. The new repurchase program will be undertaken at the company's discretion.   "The latest share repurchase authorization reflects Air Products' financial strength and shareholder focus," says Air Products CEO John McGlade. "Our first priority remains to invest in the attractive growth opportunities that support...

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