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Rockwood announces share repurchase of up to $500M


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Princeton-based specialty chemicals company Rockwood Holdings Inc. announced today its board has authorized a share repurchase program up to $500 million over two years.

According to the announcement, this program is in addition to the $400 million share repurchase program recently completed in the third quarter 2013. Repurchases under the program may be made through one or more open market transactions, unsolicited or solicited privately negotiated transactions, accelerated share repurchase programs or other derivative transactions, self tender offers, or through any combination of the foregoing, or in such other manner as determined by the Company.

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