Western Refining (WNR) +1.8% premarket after its board agrees to repurchase up to $200M in...

|By:, SA News Editor

Western Refining (WNR) +1.8% premarket after its board agrees to repurchase up to $200M in shares and to double its cash dividend to $0.08/share. CEO Jeff Stevens says the repurchase is partly to address potential shareholder dilution related to the company's convertible notes.