Rentech to Buy Back Up to $25M in Common Stock

Rentech

today announced that its Board of Directors has authorized a new share repurchase program for up to $25 million of the Company's outstanding common stock. Rentech may buy shares in the open market or through privately negotiated transactions from time to time through the expiration of the program on December 31, 2013 as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by Rentech in its discretion and will be subject to economic and market conditions, stock price and other factors and compliance with applicable legal requirements. The plan does not obligate Rentech to acquire any particular amount of common stock, and