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Grainger plans to buy back $3 billion of its own shares

2015-04-16 19:17:50| Industrial Machines - Topix.net

Power tools seller W.W. Grainger Inc. said Thursday that its board approved spending $3 billion to buy back its own stock over the next three years. The company expects to buy back $1.4 billion in stock this year and $800 million in 2016 and another $800 million im 2017.

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