Cooper Tire to purchase up to $200 million more of own shares
The Board of Directors at Cooper Tire & Rubber Company has authorised the repurchase of up to US$200 million of the company’s outstanding common stock between now and 31 December 2016. The tyre maker says shares “will be repurchased from time to time, based on market conditions and will be executed through open market purchases, privately negotiated purchases or otherwise.”
Category: Company News