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Cummins announces $500M accelerated share repurchase

Feb. 09, 2016 8:02 AM ETCummins Inc. (CMI) StockCMIBy: Yoel Minkoff, SA News Editor16 Comments
  • Cummins (NYSE:CMI) has entered into an accelerated share repurchase agreement with Goldman, Sachs & Co. to repurchase $500M of its common stock.
  • The transaction is expected to be completed by the end of the second quarter of 2016.

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