WABCO Holdings Inc.
WBC, (www.wabco-auto.com ) a global technology leader and
tier-one supplier to the commercial vehicle industry, today announced
that on October 26, 2012 its board of directors authorized the
company to enter into an additional share repurchase program. This
board authorization allows for the repurchase of a further $400
million of common shares at the discretion of management for a period
until December 31, 2014.
Since the initiation of WABCO's ongoing share buyback program of $400
million commenced in June 2011, the company has repurchased 6,409,012
million shares for $340.2 million in open market transactions as of
October 26, 2012.
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