Newell Rubbermaid Announces $300 Million Stock Repurchase Program

Newell Rubbermaid NWL announced today that its Board of Directors has approved a $300 million stock repurchase program. Under the program, the company's common shares may be purchased through a combination of a 10b5-1 automatic trading plan and discretionary purchases on the open market or in privately negotiated transactions. The amount and timing of any purchases will depend on a number of factors, including trading price, trading volume and general market conditions. The program is authorized to run through August 2014.