Airgas Buying Back $300 Million In Stock (ARG)

Airgas, Inc. ARG announced that it is going to buy back $300 million worth of common stock. “This new share repurchase program reflects our confidence in the future, based on our favorable business trends, solid balance sheet, and strong cash flow,” said Airgas Chief Executive Officer Peter McCausland. “We believe we can continue to fund our growth strategies while realizing attractive earnings accretion from share repurchases.”