Promising Financial Gains for Donnelley, CGX
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The board of directors also approved a program that authorizes the repurchase of up to $1 billion of the company’s common stock through December 31, 2012. In connection with the authorization, RRD intends to enter into an accelerated share repurchase agreement with an investment bank under which it will repurchase $500 million of its common stock on terms to be negotiated, subject to adjustment.
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- Companies:
- Consolidated Graphics
- RR Donnelley
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