secwatch.observer — SEC 8-K summary
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Issuer:     PPG INDUSTRIES INC (PPG)
CIK:        0000079879
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000079879-24-000095
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PPG board authorizes $2.5B share repurchase program; effective immediately
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79879/000007987924000095/0000079879-24-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79879/000007987924000095/ppg-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000079879-24-000095

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer