DNOW (DNOW) announced that its Board of Directors authorized the Company’s new share repurchase program pursuant to which the Company may purchase up to $160M of DNOW’s common stock, effective immediately. The Company has successfully completed its previously announced $80M repurchase program. Under this program, the Company may from time to time enter into Rule 10b5-1 trading plans to facilitate the repurchase of its common stock pursuant to its repurchase program.
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