other material
confidence high
sentiment positive
materiality 0.65
PPG board authorizes $2.5B share repurchase program; effective immediately
PPG INDUSTRIES INC
- Board approved $2.5B common stock repurchase authorization; no expiration date.
- Adds to existing Dec 2017 authorization with ~$860M remaining as of March 31, 2024.
- Repurchases may be made in open market or private transactions at management's discretion.
- Program subject to market conditions, other cash uses, and acquisition pace.