WhereDaily News: Esterline Authorizes Additional $200 Million Share Repurchase
BELLEVUE, WA--(Marketwired - Mar 12, 2015) - Esterline Corporation (NYSE: ESL) (www.esterline.com), a leading specialty manufacturer serving the global aerospace and defense markets, today announced that its board of directors has approved an increase to its stock repurchase program, authorizing the company to repurchase in the aggregate up to an additional $200 million of its outstanding common stock. The increase brings the company's total authorization to $400 million. The initial $200 million buyback program was announced in June 2014 and has approximately $70 million remaining for repurchases.