Weatherford announces share repurchase programme
Posted: 09 January 2006
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Weatherford International’s Board of Directors has approved a share repurchase programme that authorises Weatherford to repurchase up to $1 billion of Weatherford’s outstanding common shares, as market conditions warrant.
Weatherford may conduct its share repurchases in the open market and in privately negotiated transactions. The repurchase program does not require Weatherford to acquire any specific number of shares and may be terminated or suspended at any time.
Posted by Editor Pipeline Magazine
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