Newpark Resources announces new $50M share repurchase program

theflyonthewall.com

The company's Board of Directors has authorized a second $50M share repurchase program, following the $50M repurchase program completed in Q4. Purchases under the new program will be funded with a combination of cash generated from operations and borrowings under the company's revolving credit facility, and the repurchase program has no specific term.

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