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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.