Dallas-based wind tower manufacturer Trinity Industries Inc.'s board of directors has authorized an extension of its program for the repurchase of its common stock.
This extension allows for the repurchase of the company's stock through Dec. 31, 2010. The repurchase program originally commenced in 2007 with an authorization of $200 million.
Since inception, the company has purchased approximately $67.5 million of its common stock, and there is approximately $132.5 million available for common stock repurchase under the program.
SOURCE: Trinity Industries Inc.