Caterpillar Announces $1.5 Billion Accelerated Stock Repurchase
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Caterpillar (CAT) Enters $1.5B Common Stock Accelerated Buyback Plan
July 28, 2015 9:30 AM EDTCaterpillar (NYSE: CAT) announced it entered into a definitive agreement with Citibank N.A. to purchase a total of $1.5 billion of its common stock under an accelerated stock repurchase transaction.
"The continued strength of our balance sheet and strong cash flow allow us to return capital to stockholders... More
