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PPG Buyback

OLI recorded this information on 12/14/2017

Company: PPG
Buyback: PPG buyback
$Amount Authorized: $2,500,000,000
Buyback Details: PPG (NYSE:PPG) today announced that its board of directors has authorized the repurchase of $2.5 billion of outstanding common stock. The authorization is effective immediately, does not expire and gives management discretion in determining the conditions under which shares may be purchased.

PPG Industries manufactures and distributes a range of paints, coatings and specialty materials. Co.'s business is comprised of two reportable business segments: Performance Coatings, which primarily supplies a variety of protective and decorative coatings, sealants and finishes along with paint strippers, stains and related chemicals, as well as transparencies and transparent armor; and Industrial Coatings, which primarily supplies a variety of protective and decorative coatings and finishes along with adhesives, sealants, metal pretreatment products, optical monomers and coatings, precipitated silicas and other specialty materials.

PPG Industries SEC Filing Email Alerts Service

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Company Name: 
PPG Industries Inc
Stock buyback: 
PPG buyback
Website: 
www.ppg.com
Sector: 
Specialty Chemicals
Number of ETFs Holding PPG: 
101
Total Market Value Held by ETFs: 
$16559.54B
Total Market Capitalization: 
$29.57B
% of Market Cap. Held by ETFs: 
55991.67%
 

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Buy (3.17 out of 4)
43rd percentile
(ranked lower than approx. 57% of all stocks covered)

Analysts' Target Price:
PPG Stock Forecast

Based on Zacks ABR data;
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