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Owens Corning board OKs share buyback

Owens Corning said 21 February 2007 that its board approved the buyback of up to 5% of its outstanding common stock.
At current prices, the buyback amounts to about USD 200 million, the company said….

Owens Corning said 21 February 2007 that its board approved the buyback of up to 5% of its outstanding common stock. At current prices, the buyback amounts to about USD 200 million, the company said. Owens Corning shares hit a new high of USD 32.25 on 21 February 2007, up USD 0.64, in morning trading on the New York Stock Exchange.

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