Harsco Corp HSC provided the Company's initial guidance for 2012 earnings from
continuing operations in the range of $1.55 to $1.70 per diluted share,
excluding restructuring charges, which at the midpoint of $1.62 represents a
23 percent improvement from the Company's previously-announced 2011 EPS
guidance of $1.30 to $1.35.
In addition, Mr. Fazzolari announced the Company's intent to begin the
repurchase of an undetermined number of shares of the Company's common stock
under its previously approved two million share repurchase authorization,
which remains in effect until January 31, 2013. The Company said the
repurchases will be made in open market transactions at times and amounts as
management deems appropriate depending on market conditions, and that any
repurchase may commence or be discontinued at any time.
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