Dow Chemical board Oks $1.5B stock buyback
Dow Chemical board approves repurchase of up to $1.5B in common stock
MIDLAND, Mich. (AP) -- Dow Chemical Co. announced stock buyback program Friday of as much as $1.5 billion.
The Midland, Mich., company said the investment underscores its confidence in the ability to turn a profit, cash flow and growth potential.
Shares of Dow Chemical Co. rose 11 cents to $32.60 in morning trading.