This Thursday, Dec. 6, 2012 photo, shows construction workers framing a new home in Pepper Pike, Ohio. Chemical and bioscience company DuPont Co. says weakness in its performance chemicals and electronics and communications businesses, coupled with costs associated with growth initiatives, led to a sharp drop in fourth-quarter income. (AP Photo/Tony Dejak)
Dow Chemical board Oks $1.5B stock buyback
Published: 03:32:48 PM, Fri 15 February 2013 UTC
MIDLAND, Mich. (AP) — Dow Chemical Co. announced stock buyback program Friday of as much as $1.5 billion.
The Midland, Mich., company said the investment underscores its confidence in the ability to turn a profit, cash flow and growth potential.
Shares of Dow Chemical Co. rose 11 cents to $32.60 in morning trading.
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