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Rentech announces new $25M share repurchase program

Rentech announced that its Board of Directors has authorized a new share repurchase program for up to $25M of the company’s outstanding common stock. Rentech may buy shares in the open market or through privately negotiated transactions from time to time through the expiration of the program on December 31 as permitted by federal securities laws and other legal requirements. The new share repurchase program will become effective no sooner than Rentech’s next open trading window, which is not expected to occur at least until after the company reports its Q1 results in May and is subject to blackout periods under the company’s insider trading policy.