In its Q4 PR, Babcock & Wilcox Company (BWC) announced the increase of its share repurchase authorization to $750mm. The company has already repurchased roughly ~$250mm in FY13 leaving $500mm in its authorization going forward (~14% of mkt cap).
In its Q4 PR, Babcock & Wilcox Company (BWC) announced the increase of its share repurchase authorization to $750mm. The company has already repurchased roughly ~$250mm in FY13 leaving $500mm in its authorization going forward (~14% of mkt cap).