09.09.2013 12:08:59
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Patterson-UTI Energy Board Approves Additional $200 Mln Stock Buyback
(RTTNews) - Patterson-UTI Energy Inc. (PTEN) announced that on Friday, its board approved a new stock buyback program that authorizes purchases of an additional $200 million of the company's common stock.
The company also said it repurchased about 2.56 million shares of its common stock at an average price of $19.90 per share during the third quarter of 2013. These purchases, which total approximately $50.9 million, complete the $150 million stock buyback program that was approved by the Company's Board of Directors in July 2012.

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Patterson-UTI Energy Inc. | 6,65 | -0,75% |
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