Graco Inc. (GGG) announced that its board has authorized the company to purchase up to an additional 6 million shares of its outstanding common stock from now through September 30, 2012. These shares will be acquired primarily through open-market purchases and accelerated share repurchase transactions from time to time. The company currently has about 3 million shares available under its current repurchase authorization, which expires on September 30, 2009.
The company announced the declaration of a regular quarterly dividend of $0.19 per common share payable on November 4, 2009, to shareholders of record at the close of business on October 19, 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.