Dow Chemical board Oks $1.5B stock buyback

Dow Chemical board approves repurchase of up to $1.5B in common stock

Associated Press

MIDLAND, Mich. (AP) -- Dow Chemical Co. announced stock buyback program Friday of as much as $1.5 billion.

The Midland, Mich., company said the investment underscores its confidence in the ability to turn a profit, cash flow and growth potential.

Shares of Dow Chemical Co. rose 11 cents to $32.60 in morning trading.

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