Fair
68°FFairFull Forecast

Repurchase of shares underway

Published: Saturday, Oct. 5, 2013 1:15 a.m. CDT

MINNEAPOLIS – The Donaldson Co. Inc. Board of Directors has 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. The company has repurchased 14 million shares out of the 16 million shares in the March 2010 authorization. The new 15 million share authorization is effective until otherwise modified by the board.

Donaldson operates a plant in Dixon.

National video



Reader Poll

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