A. Schulman, Inc. SHLM today announced that its Board of Directors has approved a new share repurchase program under which the Company is authorized to repurchase up to $100 million of its common stock in the open market or in privately negotiated transactions, subject to market and other condition.
The Program replaces the Company's current share repurchase program, under which approximately 2.3 million shares remained in the amount of shares authorized for repurchase. The Program may be modified, suspended or terminated by the Company at any time.
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