Clean Harbors Buyback
OLI recorded this information on 3/13/2015
Clean Harbors, Inc. ("Clean Harbors") (NYSE:CLH), the leading provider of environmental, energy and industrial services throughout North America, today announced that its Board of Directors has increased the size of the current share repurchase program to up to $300 million. The original program authorized the repurchase of up to $150 million of Clean Harbors common stock. As of December 31, 2014, there was $45.7 million of availability remaining, which now will increase to $195.7 million under the expanded plan. The Company continues to intend to fund the repurchases through its available cash resources.
Clean Harbors is a provider of environmental and industrial services throughout North America. Co. collects, transports, treats and disposes of hazardous and non-hazardous waste, including resource recovery, physical treatment, fuel blending, incineration, landfill disposal, wastewater treatment, lab chemical disposal, explosives management and CleanPack® services. Co.'s Safety-Kleen business provides an array of environmental services and complementary products to a range of customers including automobile repair shops, car and truck dealers, metal fabricators, machine manufacturers, fleet maintenance shops and other automotive, industrial and retail customers.
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Strong Buy (3.50 out of 4)