Fair
73°FFairFull Forecast

Donaldson Co. to repurchase shares

Published: Saturday, Oct. 12, 2013 1:15 a.m. CDT

DIXON – Donaldson Co. Inc. has announced that its board of directors authorized the repurchase of up to 15 million common shares, or approximately 10 percent of its outstanding shares.

The new repurchase authorization replaces the existing authority that was approved in March 2010.

Jim Shaw, CFO, said the consistent repurchasing of shares is a way of returning value to shareholders.

National video



Reader Poll

Do you plan to attend a Fourth of July fireworks show this year?
Yes
No
Not sure
No opinion