Republic Services, Inc. (NYSE:
RSG) today announced that its Board of Directors has authorized the repurchase of up to $750 million of its common stock through December 31, 2013. This authorization is in addition to the amount remaining under the Board's $400 million repurchase authorization in November 2010.
At current prices, $750 million represents approximately 7.4 percent of the Company's outstanding shares of stock.
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