Newell Brands To Reinstate Stock Repurchase Program - Quick Facts

(RTTNews) - Newell Brands Inc. (NWL) announced the company is reinstating Stock Repurchase Program that it voluntarily suspended in the fourth quarter of 2015, in association with the Jarden transaction. Under the current authorization, which is effective through the end of 2017, approximately $256 million of the original $500 million is available for the repurchase.

Under the program, the company's common shares may be purchased through a combination of a 10b5-1 automatic trading plan and discretionary purchases on the open market or in privately negotiated transactions.