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EnPro Industries Announces Completion of $80 Million Share Repurchase Program

Resource from:  EnPro Industries Inc. Likes:150
Apr 23,2015
CHARLOTTE, N.C.--(BUSINESS WIRE)-- EnPro Industries, Inc. (NPO) announced today that it recently completed its $80 million share repurchase program. The company bought back approximately 1.2 million of its common shares in open market transactions at an average cost of $66.76 per share. The repurchase program was announced by the company on February 19, 2015, and it was completed on April 16, 2015. "This repurchase illustrates our confidence in EnPro’s long-term cash flow and our commitment to increasing shareholder value," said Steve Macadam, president and chief executive officer of EnPro Industries. About EnPro Industries EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide. For more information about EnPro, visit the company’s website at http://www.enproindustries.com.
(EnPro Industries Inc.)
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